Agreed. I also think the tipping point has been reached or at least will be reached in the very near future. A lot of people will most certainly call me crazy, but Bitcoin is dead to me.
I said that quite a while ago when Bitcoin was near high in November last year and I was ridiculed and laughed at by some of these people in a meetup. Perhaps their minds are too simple.
Bitcoin will see its last days. Maybe not tomorrow, but definitely before the end of the decade. The irony is, everyone is talking about bitcoin! We have banks, we have businesses, we have giant companies wanting to jump in the bandwagon and we have miners putting in 10s of millions of serious money into mining these coins. And no one can see the obvious storm that is looming ahead. Are they blind?
Bitcoin will die one day or another and it will be replaced by some potential alternates.