Quote from: Legendari on October 19, 2017, 06:21:31 AM

Quote from: Monetizer on October 19, 2017, 06:00:51 AM

Great point. But let' not forget that BTC also dropped from $1200 to $200 ish and stayed in that range for a long long while. It's very easy to make a one year side by side comparison when that year had been EXCEPTIONALLY good (and unusual) for the crypto short history.

Let's also not forget that at that time bitcoin was nothing. He had no distribution and the particular application. Now the situation is completely different. It integrates global companies and used to pay for goods and services + now in the world of great political instability and people are buying bitcoin.

Agree, the world is becoming increasingly unstable, geopolitical and financial control structures are changing. And along come cryptos at what could not have been a more suited time, as a proof based alternative. Don't think you need Einstein's wisdom to see the logic in that. I am not saying bitcoin and others will grow 10x per year for the next 5 years, but they will definitely grow at a faster pace than other so called financial assets.