The perspective has changed and it's no longer perceived as something that can just go out the back door in a matter of seconds, it has earned a solid foothold in the markets, there are people with long term investments that are chasing not just huge revenues but even continuous over the stock market average small gains long-term.
But still not quite a supercycle, more like a chimera of things, cause I don't see with this change huge jumps happening also, when gains will in short periods outpace other investment some will just take those gains and switch to something else, believing and creating themselves tiny cycles of growth and retracements but with an overall direction following stock markets and economic trends.
I sorta agree here, although I think it's still a quite optimist point of view. It's possible that we've not reached this point entirely. But we may be on a good path, partly due to ETFs, ETNs and other financial products based on BTC.But still not quite a supercycle, more like a chimera of things, cause I don't see with this change huge jumps happening also, when gains will in short periods outpace other investment some will just take those gains and switch to something else, believing and creating themselves tiny cycles of growth and retracements but with an overall direction following stock markets and economic trends.
Just a quick think on this, I don't think we have reached a sort of maturity because well, everything about it has suddenly become regulated, it has gained connections with stock markets, investment principles and vehicles but more of a forced transition to the inevitable because of the lack of actions that we're prevalent in the past, acts that greed and the let's call it a solid mirage of a reward is erasing quite efficiently.
Much like you can't become a gentleman overnight but if you stopped picking your nose you still have the benefit of doubt on what you are!
I agree here and that's the whole point of the thread 
"Adoption" in these times is basically "more people speculating". And if we're unlucky, it's people speculating in exactly the same way than in the 2013 and 2017 bull runs: trying to buy when the bull market is already in full force and then refuse to sell when the greed level is highest -- and then panic selling in the bear market.
"Adoption" in these times is basically "more people speculating". And if we're unlucky, it's people speculating in exactly the same way than in the 2013 and 2017 bull runs: trying to buy when the bull market is already in full force and then refuse to sell when the greed level is highest -- and then panic selling in the bear market.If there's one thing I always praise Bitcoin is for being a tool you can use how you please and not breaking any of the core principles, if you want to invest go for it, you want to hide value in a picture or a soda can, do it, if want to buy something from darknet, your choice bro, want to hide money from your spouse and his lawyer, well, sorry for your situation but here's the tool to do it. But this is why I never got a real grasp of what "adoption" means!
Does it mean 1 billion people using Bitcoin daily?
Does it mean 1 billion addresses with a balance?
Does it mean 1 trillion CEX accounts?
With what do we compare it, gold lingots? Visa cards? Stock market shares distribution? Robinhood accounts?
This is the reason why every time I hear adoption I want to ask what kind of adoption and more importantly, for what adoption do we (whatever we means here) even aim?