This is exactly the point I've often tried to express, but you put it so well:
Once a project starts actually doing the thing it claims to disrupt within a market vertical, we can no longer pretend it will be world-changing unless it actually is changing the world.
And as you say, there are just a few blockchains that are at that stage.
I have lost so many opportunities by focusing on the fundamentals and not understanding how the majority simply bandwagons based on hype. I have learned my lesson, but I still find it hard to understand how the hype-investor thinks and acts. It looks like the phenomenon will continue. I sold my ETH at $10, but looking at the popular news it seems like people are just starting to get interested in bitcoin, and Ethereum is the next big thing. It's a pain to be too much ahead of one's time.
RE: Do Cryptocurrency Speculators Fear Utility?