Great Analysis of Bitcoin Price Crash

There’s no shortage of bloggers’ opinions on trends in Bitcoin (or any crypto) prices. I am a fan of Mark E Jeftovic’s Guerrilla Capitalism  blog. His post from Feb 7, 2018 about Bitcoin’s “Trough of Disillusionment” I found well researched, comprehensible, and highly enlightening.

It discusses the pattern of Bitcoin’s seemingly wild and allegedly “unpredictable” price fluctuations. The author’s thesis is that these fluctuations are not “unpredictable” at all, and in fact follow a fairly established pattern known as the “Hype Cycle” which can be depicted as:

This analysis helps clarify the price movements and (I think) provides comfort that things are not spinning out of control, they are just following a natural course of behavior. And to continue to hold on for the Slope of Enlightenment to reach the desired destination: Plateau of Productivity.

Investaweb Quotes Me as a Bitcoin Expert

On December 14, the Website Investaweb.com quoted me in an article “20+ Experts about Bitcoin: Should You Buy into the Hype? (Part 1)“. I’m the second expert in their list of experts. I was interviewed in October for this article and typically financial articles go to press immediately. I didn’t realize there would be so much time between being interviewed and being published, so the prices I discuss don’t make sense. I didn’t see the article until January 29 so the prices really didn’t make sense. But I’m still tickled to be quoted as an expert.