Quote from: 600watt on June 24, 2017, 03:45:08 PM

Quote from: Nekrobios on June 24, 2017, 03:18:12 PM

So I have always thought. Until Ethereum stole our mania phase and cut our bubble unduly short.

sounds plausible to me. never thought about it like this. i hate it. still plausible, though.
blitz, you think it will be multiyear downtrend or is there a chance it moves like it did after $260 peak in 2013?

Not sure if it will be a couple months or years. I think it depends on how quickly Ethereum deflates. Bitcoin must become king of crypto again, and I think a bear market wherein Bitcoin falls less quickly than all the alts would allow this to happen.

And yes, I hate it as well. I'm very angry at the irrational miners who allowed the scaling stalemate to continue for so long that it's damaged Bitcoin's valuation severely.