Video game crash of 1983
I always wonder if this &quot;hype-&gt;saturation-&gt;blow up-&gt;recovery and ultimately more stable and serious growth&quot; cycle applies to other industries as well - arguably that&#x27;s a bit of what happened during the dot-com boom to internet-based businesses, so it doesn&#x27;t seem totally insane.<p>On the other hand, there have obviously been plenty of &quot;hype-&gt;saturation-&gt;blow up-&gt;die forever&quot; cycles as well, so maybe it&#x27;s not a great thing to bet on.<p>Basically, now I&#x27;m wondering which of the two patterns things like cryptocurrencies fall into (I&#x27;d also mention real estate, but it seems like it&#x27;s clear which one it&#x27;s falling into).<p>Interesting to note that it seems like most of the actual companies involved in the &quot;blow up&quot; phase don&#x27;t become part of the &quot;stable and serious growth&quot; phase, so maybe that doesn&#x27;t bode well for the existing coins.<p>Side note: This article finally illuminated the origin of the name &quot;Famicom&quot; to me, and I can&#x27;t believe it took me so long to realize the origin of that name.