Yes, this time is certainly different. The fact that there are now very legitimate, very wealthy, very intelligent individuals and entities actively (and publicly) participating in the space brings a ton of credibility and trust to the overall network. While I don't believe that will completely end big dips and bear markets, I do think it will mitigate them to a large degree. Rather than the 70%, 80%, 90% crashes of years past, I think there will be too many large buyers waiting to pounce on those opportunities for the price to go down more than 30-40%. Time will tell, obviously, but it certainly feels different this time.
Now altcoins on the other hand.....they still have the 90% corrections in play. Mostly because when the shit starts hitting the fan there, people will flee to quality: Bitcoin.
Posted Using LeoFinance Beta