Quote from: ellehcar on December 29, 2018, 09:04:37 AM

Quote from: c_atlas on December 28, 2018, 11:59:16 PM

As I understand, in 1994 the Internet was still at its infancy. People didn't really know what it was yet, they didn't know what it could be. Does that mean right now we don't know what bitcoin will be used for in the coming years? Do we not know the "killer app"?

Exactly! This is what people mean when they say that bitcoin is in 1994. They idiomatically mean that bitcoin as a technology is still young and has a lot in store still. A lot needs to develop in it; reason why people hasn't realized its full potential yet, mainly the reason why it's still undervalued nowadays. But once the doubts and uncertainty about it are settled, that's when the time it will fully mature and boom. There's no telling how far this market correction will go, but believe me, this "bitcoin-is-in-1994" season that the people are yelling is the best time to educate ourselves on how it all works.

Yes, we are all just getting alone with the Crypto Currency Digital Transaction as getting the attention globally, yes, the crypto currency market still in the infancy stage, not all are prevy on its usabilty. The only common notion we can have are, people either have a huge loses or huge gain on their profits, during the spike of Bitcoin price on last quarter of 2017, everyone got their attention, buying coins is on the spike...yet, the decline have brought prostration, some even got so depressed. The reason almost all of the buyers or investors have not learn the basic of invest.the risk after such investment, how to handle the profits? One should learn the history, learn the process, a lot more are coming before we can say that crypto is accepted by global public.