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Crypto Cribz Shared: Thread on super cycle & adoption. I could be completely wrong, but I’m seeing a super cycle occurring now. Some people say ‘I’m cautious because an old friend asks me about Crypto’, but IMO that is a logical consequence of the adoption curve (law of Moore)/ exp. growth.
Gradually, then suddenly. Some say we see retail FOMO now. IMO that still hasn’t got really started, as we see people coming in now who we’re interested earlier on, but didn’t pull the trigger, coz markets crashed. They always had a believer in Crypto, but ‘bear markets’.
We see platforms now finally coming into fruition after years of hard work (Cardano Telcoin DOT AAVE etc). They drag millions of people into the blockchain & Crypto industry as a result of their real worlds use cases. The ‘WiFi-moment’ is happening now.
The real FOMO will happen when these new people find out that crypto & blockchain actually work. For this exact reason we will see impulse waves/capital inflow in a longer cycle this time. This is just an example, but applicable on many other tokens with real use cases.
You are way ahead of the curve. Your old friend asking about Bitcoin isn’t the same thing as in 2017, due to exponential growth & adoption curves. At last, I’m not seeing those 80/90% crashes happening anymore for some useful Cryptocurrencies. Gradually, then suddenly!
Community Response: Based on this educated guess where do you foresee tell with FOMO being a very real variable in crypto.
We’ll soon know if your right, I see what I consider, very intelligent people say no and yes to the super cycle theory. It’s a hard one, if I had to guess either way now, I would say we go on until May, have a fairly decent dip but bear market won’t last that long at all.
You deserve an award mate intelligently delivered.
Thank you for that, I’m new into crypto, March this year, the one thing I constantly read is people not taking into account the adoption! Who’d have thought you could video call the other side of the world 10/15 years ago, today it’s normal.
When I mention ‘crypto’ most around me say ‘Bitcoin?’ When I tell them I haven’t got BTC they look very confused. We are still early!
Correct. Just wanted to point out that many still don’t know that there about 9500 coins/tokens right now.
Well-reasoned I’d say! IMO it’s impossible where we are right now, that will only be clear in retrospect, and then we will say it was obvious. But looking at just BTC – that already went 10X – I’d reason the next leg up would mean we are about half way.
I’m in complete agreement that the real FOMO hasn’t started properly. Of my friends/family/acquaintances/work colleagues numbering a hundred or so, just 3 of them own crypto.
Yeah, sometimes we really get into the Twitter hype and can’t oversee things clearly anymore. Take a step back, look at the markets and you’ll see we are very early still.
Minimum of $0.10 this bull market – that’s a conservative take.
Very hard to tell buddy! If I just take a look at the adoption curve, I think we’re due for a super cycle and so yes, we will end the bull market somewhere mid-2022.
