There are 4 stages of bitcoin, The stages are as follows: Media Attention- Early Adoption- Institutional Investment- retail investment- institutional investment pulling profits- frenzy- asset devalued. Cryptocurrencies differ in many ways. In essence, as I see it, crypto investment can be partitioned into four phases-

1.Stealth Phase (2014–2016), when I was mining

2.Institutional Phase (Late 2016)

3.Mania Phase (All of 2017 into early 2018)

4.Blow Off Phase (Current)


Some one has published this post on a social media, He is pointing out 4 stages of the Bitcoin(bubble)
What do you think of this statement?