Quote from: qiman on September 11, 2018, 05:07:27 AM

This is going to be a long bear cycle. I think we need at least one or two years of progress where it comes to regulatory input and also more infrastructure to procure the mass adoption we so need. Unfortunately we are a little slow in both areas and if the SEC in the U.S is too slow, other countries should start taking the lead in helping cryptocurrency to mature. Also we do not have enough women in crypto, which is also a reason for us being very slow in growth the last year or so. Women shy away from a masculine oriented niche whereby everyone is trying to slit each other's throat, steal lie, cheat and then dump everything. Until Crypto becomes more inviting to other sectors in society, expect a very long bearish winter.

Bear cycles have lasted on average about a year with the exception of 2014, I think the situation was much more grave by then. Right now things look bright in comparison. The SEC is giving some serious though on approving a Bitcoin ETF, so far any application has been rejected, this is the first where they needed more time to look into it. Whether it will be approved this month or later this year is hard to say, but eventually it's going to happen and institutional money will flow in the market.