RE: Thoughts on Currencies and Valuations

"currency" in cryptocurrency defines it as means of trade.

Unluckily (or luckily?) it's considered by many as sit on chicken egg till it turns into golden egg.

Even the late ones in the game hope not to be the last in the game. So the value of whatever TOP crypto they have will probably just go up.

Is it good or bad? It's obviously good.

If Bitcoin was worth $1 like in 2011 or 2012, there would be no headlines and the adoption would be 1% of nowadays adoption both by users and retailers. There's won't be any significant retailer accepting BTC, LTC ...
Because of value, Bitcoin became TRENDY and as payment option (and other crypto's) became the must have for progressive companies.