Mesdames et Messieurs: I proudly present the Cycle of Hype to you #steem

in #steemit8 years ago (edited)

For all who ask themselves what is happening at the moment. Keep calm and buy more Steem while it is so cheap :) 

" Technology Trigger: A potential technology breakthrough kicks things off. Early proof-of-concept stories and media interest trigger significant publicity. Often no usable products exist and commercial viability is unproven. 

 Peak of Inflated Expectations: Early publicity produces a number of success stories—often accompanied by scores of failures. Some companies take action; most don't. 

 Trough of Disillusionment: Interest wanes as experiments and implementations fail to deliver. Producers of the technology shake out or fail. Investments continue only if the surviving providers improve their products to the satisfaction of early adopters." (WE ARE HERE!)

read more about it on Wikipedia: https://en.wikipedia.org/wiki/Hype_cycle So what we see is just a normal expression of emotions. People think they invest in the new Tesla, Facebook etc. After some days/weeks everything calms down and the new technology evolves. So take this chance to get STEEM for 50% of its ATH

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Hi! This post has a Flesch-Kincaid grade level of 11.7 and reading ease of 34%. This puts the writing level on par with Michael Crichton and Mitt Romney.

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