Oct 28, 2019, 04:36pm The Second Coming of Crypto Kurt Cagle Contributor COGNITIVE WORLD Contributor Group AI Futurist, Technologist, Information Architect, Blogger Crypto-currencies have been through the hype-cycle, and have survived the inevitable crash. Now's ... [+] GETTY Bubbles happen. The cryptocurrency market went through an undeniable hype cycle.The moment that the statement “Hey, we can all mint our own currency!” was uttered, you knew that this was all going to end badly. Bitcoin, the Ur crypto-currency, went all the way up to within spitting distance of $20,000, and then crashed back to $6,300. Not surprisingly, a lot of people lost a lot of money. Yet since then, Bitcoin has managed to rise 33%, fluctuating around $8000 a coin. Two things have happened since the Bitcoin crash in 2017. The first is that blockchain went through a trial by fire, and in the process it spurred a lot of people at all levels to ...
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