As of July 2014, cryptos just came out of the peak of inflated expectations to enter the trough of disillusionment. It is safe to say that the trough of disillusionment don't last only 6 months but typically can last 2 to 3 years. So maybe Bitcoin will be as revolutionary as we think but the bear market will last another 1 or 2 years. What do you think about that?
If Bitcoin is going to be revolutionary that means that many more people will be buying and using it in the future and that means the price will have to be much higher than it is now. Most people are still dismissing it outright and only a small fraction has bothered to buy some coins, so I don't see how anyone can say that we've seen the peak already, unless they think it's going to fail or a new cryptocoin will take over. But assuming it's going to be revolutionary, we've seen nothing yet and still have a few bull markets to go before the masses have warmed up to it and we reach the real peak.