Everything has cycles, right? You made a valid point, but right now the concurrency is acting like a better hedging tool compare to the gold. And it is still new too many people (investors, institutions). I am expecting so much more hot money will pour in to this system. Personally, I am not expecting any cycle-behavior anytime soon (like next 3 months). Unless, they manage to bring another Fork story. :)
Thanks again, for this great article. looking forward to many more of these.
bitcoin went from 2200 to 3400 in almost less two weeks so that's pretty much a turn i think