Then, moments ago even more pain was unleashed by an unlikely source after Vitalik Buterin, Ethereum's 24 year old co-founder, said that "the days of explosive growth in the blockchain industry have likely come and gone now the average person is aware of its existence."

In an interview with Bloomberg at an Ethereum and blockchain conference in Hong Kong, Buterin said that "the blockchain space is getting to the point where there's a ceiling in sight. If you talk to the average educated person at this point, they probably have heard of blockchain at least once." What this means is that "there isn't an opportunity for yet another 1,000-times growth in anything in the space anymore."