Opinion: The Bubble is Not Bitcoin?

Although the market is positive overall, at the time of writing, the sentiment is quite negative. Maybe due to the high expectations over Consensus, which did not create that much demand over bitcoin, at least not as much as it happened during previous years.I understand it’s your money that is at stake and the market has been quite bearish. But it’s also mine and everyone else’s who decided to change from fiat-currency to cryptocurrency. To most people you know bitcoin is an investment vehicle; maybe a bit more worrying, is the fact that the focus is not even bitcoin anymore, it’s mostly altcoins. Where else we could we get those massive gains (bruh)?

But greed comes at a cost.

I love new ideas, new projects, new ways of thinking and innovation in general. I also love the concept of decentralizing trust and money and the super-power/super-responsibility that comes with it. Obviously, the debate is considerably more interesting when the total marketcap of (insert top-10 project name) is worth billions.

At some point we need to stop and ask ourselves, how happy are we with the actual progress of the cryptocurrency space? So many companies have surged, yet where is the real change? Is there a bubble or is the market undervalued? Is price aligned with technology development and adoption, in any way?