I think that we will be in this phase for longer than predicted. The US and other countries still have to figure out regulation. This will take until the Fall at least. And throughout that time there will be other conflicting news. I wish the focus was more on use cases than price because price is out of everyone's control and so much of a focus on it takes away from the actual industry.

My friends who are in the know are saying we will have this level of volatility for the next 2 years and we should both expect it and act accordingly. They say there will be several bloodbaths until then but for the market to get any traction with the wider community there will have to be a weeding out of the scammers, some common sense legislation enacted and much less volatility.

I guess we will have to wait and se. In the meantime everyone keep working toward your goals here on the platform because if we can build this community we will be at the heart of thee revolution. Steem on!