You hear many "Major" investors, and "Smart" people, and business typing all bad things warning of "bubbles", crash, and other grim suggestions that seem to do nothing but scare the masses, and make sure the "bubble" happens.
Here is why there all wrong:
Crypto currencies have almost NO track history. So speculation is heavy, and just "best guesses" really..
Blockchain, and crypto have succeeded in 1 ABSOLUTELY major way, and met one "rule of evolution" that will NEVER let allow it go away! ...... It is a technology desperately needed to propel society into a new era. Its the next logical step to efficiency, and equality.
Larger than that, and most importantly, society has embraced this next step.
So, Bitcoin will not drop to $100.00. Its mathematically impossible if everyone uses it.
Crypto, blockchain, and ETH/EOS type technology are as relevant an improvement to this planet as internet was! People just dont realize this yet, because its not practical, or applied to the "day to day" actions.
So let the closed minded bankers, and wankers moan and whine, warn and demote crypto. They are just afraid of not being relevant anymore. Hard to control, what you dont understand! (you notice a lot of them eating crow)
For those who "predict" rise and fall, based on old stock charts, and it assume it will always end the same way..... that's like predicting the next 5 years weather on Mars, just because you have records of what weather on Earth was like, from 10 year old charts. Talk about a leap of faith!
Who's the fools?
I love the idea of Steemit, and decentralized earth! Lets show the world that it belongs to the people!
BT