GARTNER HYPE CYLE 1. Technology Trigger - A potential technology breakthrough kicks things off. Early proof-of-concept stories and media interest trigger significant publicity. Often no usable products exist and commercial viability is unproven. 2. Peak of Inflated Expectations - Early publicity produces a number of success stories—often accompanied by scores of failures. Some companies take action; most don't. 3. Trough of Disillusionment - Interest wanes as experiments and implementations fail to deliver. Producers of the technology shake out or fail. Investment continues only if the surviving providers improve their products to the satisfaction of early adopters. 4. Slope of Enlightenment - More instances of how the technology can benefit the enterprise start to crystallize and become more widely understood. Second- and third-generation products appear from technology providers. More enterprises fund pilots; conservative companies remain cautious. 5. Plateau of Productivity - Mainstream adoption starts to take off. Criteria for assessing provider viability are more clearly defined. The technology's broad market applicability and relevance are clearly paying off.
So, are you in the same cycle again? Is it just 3 times of price compare to 2013? That would be a healthy correction, but I hope this time the bear market does not last for 2 years again. But what does the market cares about me hoping or not, right? Thank you for the post. I saw your name in @HamadaMark post. He is always helping us with directions as well.
CryptoSmile
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I was just looking back at this nice post and realised that BCC just time-lapsed BTC's development from Nov 13 to Aug 15. I'm curious how it continues. Are you looking much at BCC?
Mlnklkm
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i think this pattern can not be usedfor cryptos, cryptos are something innovative and very new to public contrary not to market yes market cycle still run same for now but i do not think that it ll conntinue like what a stock does...always imagine 5 years later and think that how you are stupid try to buy in in dip not 2500 usd but waited for 1800 usd and 5-7 years later you ll se its 25 000 usd, you ll be very angry yoursel, let trade to traders if u dont have much time, buy and take a rest years, invest fture ones %70 percent, trade with %30 percent to enjoy yourself
Enhancement321
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I totally agree with your overall assessment Excavo. It is the timeline of occurrences that is the key and the grey area.
forexyoga
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What a great explanation. Thank you Excavo. You are the Genius