10 years 20 years ago is 1 year now. Everything is accelerating.Bitcoin 2018 is a completely different beast in every way than Bitcoin 2015. To think that length of last bear market is and indicator for this one, is folly. The bull is knocking on the door. Q4 will be glorious. 
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My initial argument was that things are moving faster. In every facet of the world, and in Bitcoin even more so. Every narrative plays out faster. Bullshit is being called out faster. Wokeness is increasing exponentially. I don't see room for this bear to 'play out' any longer.
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It takes some time for the wokeness to “ripple” through society (no pun intended).
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I like the chart in theory but I agree with hodlnaut. Network effect is exponential & sentiment can easily flip at the drop of a hat, for many reasons. Too many people already thinking 100K, the path of least resistance will be up long before 2023
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it's actually not exponential but logarithmic. each subsequent 10x takes more time to achieve.
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I think it's rather parabolic, because the Y-axis is itself logarithmic :). This conversation is super interesting. I side with you Murad on this one, I see Bitcoin permeating society in a "rampant" way with each new cycle likely longer than the previous.
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Society is decades away from adopting Bitcoin as real money. And Bitcoin itself and its ecosystem are decades away from becoming mature and ready for society. We need to be patient and think long-term :)
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Strongly disagree. We are much closer than this. Things move so fast. 10 years ago almost no one had smartphones. In ten years Bitcoin is ubiquitous.
End of conversation
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How about non-US institutions? i.e. Korean and Japanese
Thanks. Twitter will use this to make your timeline better. UndoUndo
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