Quote from: pay_scotty on October 14, 2018, 08:35:05 AM

Despite the excitement being generated in the space of cryptocurrency, to the tune of a $200 billion market capitalization or about five times that of popular electric car maker Tesla, 2018 has been a decidedly bad year in terms of increasing valuation.

Since reaching a pinnacle in December 2017, when Bitcoin prices soared on an exponential bull run to end the final quarter of the year, BTC and the majority of the altcoin marketplace has seen a steady erosion in price over the last ten months. During that time, there have been numerous stories, indicators and otherwise wishful comments made that the bear cycle will break before the end of 2018, with at least one more bullish leap for BTC before we enter the new year. However, last years all time high of near $20,000 is appearing to be more and more of a longshot as we enter the final quarter of the year, with the potential for another exponential increase for the coin also looking dismal. There have been bright spots for Bitcoin valuation, particularly in relation to news surrounding the development of a BTC Exchange Traded Fund.

Article in full is here: https://ethereumworldnews.com/bitcoin-price-cryptocurrency-2018-2019/

They just need to have patience.

New use cases, lightning, other improvements, another halving in about 19 months (May 2020) etc all will have an impact during 2019 and 2020. 2011 and 2012 weren't wastes. Consolidation takes time.