There is a
Hype Cycle developed by Gartner used to represent the maturity, adoption, and social application of specific technologies.
It goes as follow:
1. Technology Trigger
2. Peak of inflated expectations
3. Through of disillusion
4. Slope of enlightenment
5. Plateau of productivity
I would like to know, as a technology and as a practical service, where would you locate Bitcoin?
In this link you can take the poll. I can't post images, that's why I created this poll so you can see the graph and vote.
https://PollEv.com/clickable_images/IoW5ZLcHxVyCyhFo22VaN/webI think we are still in between the trough of disilussion and slope of enlightenment. As per definition, the trough of dislusion is when the expectations or hype start to die down which has occured to crypto when headed to a massive market crash recently. This had decreased the demand and increased negative feedback around crypto I like you with 1, I think more, now there is a beautiful era of 1 copper
3. Through of disillusion
4. Slope of enlightenment
5. Plateau of productivity
The slope of enlightenment is the part where we see rapid and a lot of advancements and improvements. During the past months and up until now, we see developers working to improve the blockchain technolgy and cryptocurrency.
That is why I think we are still between the two, we are slowly recovering from a massive loss and distrust of some people for crypto and people are starting to start gaining their faith for crypto once more as development and innovation progresses.
I like you with 1, I think more, now there is a beautiful era of 1 copper. this is good time, no pain. I think there is no obstacle in front.