Monday hailed in among the worst times the crypto market has ever seen, with Bitcoin submitting a reduction of 6 percent, while altcoins dropped even farther. However, not all shareholders are concerned, as some view this nosedive is merely one more component of this tumultuous cryptocurrency cycle. #bitcoin is stranded 78percent from the highs, however @Melt_Dem states the #crypto catastrophe is building toward a significant rally. pic.twitter.com/5ovMZJ3AA3— CNBC’s Fast Money (@CNBCFastMoney) August 13, 2018Firstly, Fast Money sponsor Melissa Lee brought a heavily contested discussion, querying the Coinshares CSO on what’s holding Bitcoin back from becoming called a store of value globally. Demirors reacted by drawing attention to cryptocurrency’s so-called “narrative,” saying:-LRB-************)“The narrative around Bitcoin is still really hard to grasp. I think that the crypto community is really struggling with narrative right now. If we look at what institutional investors are looking for — even retail investors — what is the narrative? Really the only metric we have for most cryptocurrencies is the price, and price is such an imperfect metric. (So) what does actual utilization look like?”This statement alludes to the existence of misunderstandings, along with the absence of comprehension of where this business is going, which she sees as an issue which needs to be repaired moving ahead. Exploring this pressing issue deeper, the Fast Money host requested: “if we said Bitcoin was a stock, and the narrative is unclear.. why would I want to buy it?” Likening that the cryptocurrency marketplace to the online boom of the late 1990s/early 2000therefore, Demirors noted “new technologies that shift the paradigm,” such as blockchain and cryptocurrencies, aren’t known nor embraced overnight. While that this appears to be a bearish statement by itself, the Coinshares executive noticed that the past year’s cryptocurrency bubble helped drive significant sums of funds into “building new (blockchain-focused) businesses that serve a real purpose.” While making it seem like cryptocurrencies have profited near zero grip up to now, Demirors added that from the view of particular information points and metrics, this nascent sector has started to view adoption, albeit ever so tiny. Although costs are usually portrayed to be the be all and end all the market, to Demirors, costs could be cast aside, since the CSO brought up the 2 data points which reveal cryptocurrencies can observe long-term expansion. She noted:-LRB-************)“Two startup metrics that are really common might be the total addressable market and the penetration rate of that market. So again, if Bitcoin is a store of value, the total addressable market theoretically is huge. You have M1, M2, gold potentially as an analog, so how much of the market have we captured? If we’re looking at Ethereum, maybe the total addressable market is the market for compute capacity.”If Bitcoin lives to be an easy-to-use store of value, the cryptocurrency marketplace, especially Bitcoin, could catch up of tens of thousands of trillions of funds as users hurry to look for the very best store of value. In the event of Ethereum, together with calculating becoming an essential part of our own lives, if the scaling alternatives are found, the “global computer” system might easily turn into another tech embraced by billions throughout the world. Despite the simple fact that this sounds good and all, the Coinshares CSO mentioned that the technology is still immature and widespread adoption will probably be decades off. Prices might have recently attained new year-to-date lows, but the silver lining is that crypto and blockchain technologies have an addressable market that ranges from the billions.