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RE: Why Is The Crypto Market Not Moving? Lack Of Interest? Anticipation of EOS? Are we really that early any longer? Time to be realistic
Totally agree. We are just in the very early steps of all the crypto world. In a 5-10 years time this will be a very different picture that we'll see.
Anyway, I think it's normal to have this feeling of a lack of interest, since it was a boom what we had ending last year, and now it's going back to a "normal" rhythm again, so it's a deceleration, but don't think we're losing interest at all.
This is for sure the future, and not only for the economy, but for many other areas.
Only time will tell!
This is regular stuff. This is how all things work in life. If you ever run a blog that get monthly visitors then you know that 1 day all doubles or triples. But for months it seems like nothing is happening. That will say you won't be able to see progress on a small graph. You need to look at 5-10 year graphs to actually see how things are evolving and changing.
It's not a deceleration. It's just that there is nothing that shows up in numbers in front of your eyes. Things are being tweaked and changed in the background. Just as when you eat food and the Banana gets converted into a human body in 2 hours. That will say things are speeding up but you can't see it because it goes on in a non public view.
Thins are usually tweeked after they are realized. Are there any decentralized projects that are actually working? What about Substratum for example? They have launched. But..they receive 10 likes and a retweet? Is this not incredible news? They have launched decentralized Internet, and according to the five people who have commented, it works.
But does it? Is it real? Why is it not gaining any attention? Either it's a scam, or it is just not interesting to people. Or it is not useful. I don't know what it is, but I do know that it is not gaining any interest from the public.
And thats generally what I see from other projects as well.
People keep saying "but we're so early". For how long are you going to say that? A lot of people know about Steemit or Substratum. But they are "meh". Either they don't believe in it, or they dont see the purpose.
And then the space won't grow.
Bitshares is a decentralized project and it is working. In fact, I know from personal experience that it has been delivering reliable, industrial grade performance for almost 4 years. It's not reflected in the price, but then again, when did the markets ever make sense? Your post summarized what I've been thinking as well, I think it's just markets being markets and we have to have a long term approach.
Thanks a lot for the comment @sauna!
I haven't been looking too much into bitshares..which is a shame. I've heard good things about it, and you confirm that. I will check it out!
Blockchain users are growing everyday. That is a simple fact. With that simple logic I showed that you are wrong. Internet users are also growing everyday. Even if it's 1 more user per day it's still growing and will be of higher value. Since the real currency of our age is Time and Attention.
Since that's a fact, I'm sure you have real time statistics on how blockchain users are growing every day?
How do you even measure that?
Is Steemit growing every day? Do you count the hundreds of thousands of bot accounts and idle accounts as growth?