As an investor, how can I not be bearish on ETH, untill it becomes fully adopted into the real world?
As it be known, many tech companies saw 100x increase in the dot come bubble of the late 1990s. Well sustained growth like this doesn't exist anywhere on the planet, so ultimately it had to crash and burn. Pets.com was one stock that saw great potential, but like a lot of dot com companies it crashed and never fully recovered.
Another little known stock, Amazon, fortunately did have a lot going for it, and it did recover, albeit a full TEN YEARS later.
Now this begs the question….? Has the latest downturn marked the end of the crash or will we see it go further?
Also, will it take 10 years for us to get back to the peak price glory days?