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RE: Hive isn't going anywhere

in #blerg3 days ago

I'm personally pretty sure we've already crossed the late early-adoption cycle, especially in terms of the giant chains

Nailed it, this is crypto in general. We are now at the early majority phase, which is past the pre 2018 innovators phase when smart chains came out and the cycle peaked then crashed, and the pre 2022 Early Adopter Phase when memecoins, covid and bitcoin became household names. Realistically how many people don't know Elon Musk supports Dogecoin, politicians regularly speak of crypto and you can buy a bitcoin etf in your 401k.

Follow the general market cap, if it peaks now or in the next year, we will enter the late majority stage. This implies most of the money that is waiting to move into crypto will already be there and the rest of the growth will be arithmetic and organic, not geometric. There is still money to be made but no one will ever be selling me $10 ETH, $150 BTC or $2 BNB again. The period of small sums of money becoming astronomical amounts of wealth is over for everyone except the select few. Might as well buy a lottery ticket.