Times have changed!

in #cryptocurrency6 years ago (edited)

0D31CBE2-F21F-4308-B20B-9DE720D8E1AC.jpeg

So I just went to a hardcore show and standing in line i hear this dude in front of me say: „alternative form of government using blockchain...“

This is the third time I am living thru the crash after a bitcoin bubble. What really strikes though is how much cryptocurrency have transcended into society.

Of course in fields like gambling or the financial industry this makes sense, but even in normal portion of society, like in this case a very alternitve music genre, people are talking about it.

This is huge.

What are changes you have been noticing in this crash vs previous ones?

Sort:  

This is the first crash I'm part of so can't compare, but will say that people were making cracks at me as the market started crashing and now they are starting to ask me more questions about getting involved. This to me is a very good sign.

Side note think I have a car sold for crypto. It's just a beater and not huge money, but it's cool to think I can do this.

Wow that is amazing!

I'm really hoping this happens on Sunday so I can do a post about it. Will be $6-800 USD and will put it all into steem to power up my account.

That's very interesting indeed!

Posted using Partiko Android

Car for crypto. A agree with @knircky that this is wonderul. Some guy who needed a car had crypto and you accepted it.

One of the changes I see is that many people accept it as a correction without panicking too much.

They are also much more educated than before!

Posted using Partiko Android

I feel like this time development and use cases are moving in hyper speed compared to 2014. Like today I found the new Partiko app for Steem and loving it!

As for what people are saying... Almost anyone that knows much about this space are super bullish longterm. In 2014 a lot people questioning if Crypto would hold any value at all. Today we have the NYSE ICE launching Crypto exchange.

Posted using Partiko iOS

Never said it won’t come back. But you will not see any “real pumps” in altcoins until they start showing some “real world use”. If people were lucky enough to ride that “speculation wave of 2017 ,, good for them,, That window of opportunity is long gone. The truth is ,, the lending phenomena is what brought all that action into the market last year and people started dabbling into the alts, Then the “shit hit the fan”. And a lot of people got burned and lt left a bad taste in their mouths. I don’t think we are going to see a 10k bitcoin the rest of this year. I do believe crypto is the future for sure!! But don’t expect a bull run like we saw last year. It’s going to to be slow gradual growth and there isn’t anything wrong with that, If people are looking at crypto for a “get rich quick scheme”. they better look elsewhere because that window is closed. Is this a great time to invest with these prices?? Of course it is. But be prepared to hold on for the long run .

This is my 2nd time fully involved and watching it from up close

While do really have to say that panic movements kind of seem to get away in much lower level and emotional decision taking has wear off :)

While have not seen / witness for anything like that yet but yeah things are getting paced up in our society that is for sure.

@knircky has set 2.000 STEEM bounty on this post!
logo_for-light-bg_1000.png

Bounties are a new way you can earn rewards irrespective of you Steem Power. Go here to learn how bounties work.

Earn the bounty by commenting what you think the bounty creator wants to know from you.

Find more bounties here and become a bounty hunter.

Happy Rewards Hunting!

Congratulations to the following winner(s) of the bounty!

I have known and had cryptocurrency since 2013, so i've seen a few crashes. It's impossible to predict the future, but the biggest difference from then to now is the adoption. It keeps growing and getting used by more people, so my guess is that it will recover.

Bitcoin and cryptocurrency news - Markets continue to get savaged, Saudi comes down on Bitcoin, USD is a scam, fiat is a scam, Bitmain Cash dramas, and Nebulas.

This market is unpredictable and you never which side it can start going. It's right that this year it hasn't shown the higher price till now but I still hope for it to go all time high sooner or later.

Posted using Partiko Android

This is also first crash for me so I don't know what happen in previous crash. Now BTC price is increasing so I wrote in your previous post is right. I hope it will rise more.