In 1977 the market ran into a crash because gaming at the time was essentially a load of different machines all playing pong even the earlier second gen consoles, consumers just stopped buying consoles even the 2600 wasn't leaving shelves, what saved gaming in the late 70s was when Atari licensed Space Invaders in 1978 averting disaster, not only because it was a good game that was different but it triggered a new era as the new wave of second gen consoles had a programable nature that allowed people to code games in their own bedrooms and such leading to the creation of many companies, games and so on.

The result of 1977 was that the were many unsold pong consoles and Atari became the force in gaming, the reason many people aren't as aware of this crash is because it never fully stopped gaming as an industry and lasted only about a year unlike the 1983 crash which even though it lasted 2 years it had a big build up to it beforehand and during the 2 years of the crash gaming was dead in the west.

Well you learn something new every day. Thanks for that. I honestly thought you were making it up, but you proved me wrong and I apologize.

Way too early to discuss about this. We don't even know what the NX is at the moment.

We don't know what NX is yet.

N3DS is not a new platform though just a revision.

I don't see how it won't. It may not be when all the console makers put out new hardware, but it is effectively what Nintendo plans to release and support for the next 5 years (basically until 2022), so this will be the console that will be going against PS5, Xbox whatever.

I don't know, but the there won't be an Xbox 2. Scorpio's existence renders a next gen console redundant...

You can't say "not to be rude" and have it negate the ride way you say things. That's not how social interaction works. 

You must be severely confused.... just because it's Nintendo 9th console doesn't make it 9th generation. 

Beside Sony only have 4 consoles does that make them 4th generation consoles and Microsoft 3rd generation console. 

The NX will be weaker then both the PS4 and Xbox One, if anything I would consider them late comers to the 8th gen consoles. Wii U was just unloved step child from the previous gen.

You know that it also doesn't start or stop when Nintendo says so right? What happens if Microsoft and Sony decide not to launch their next gen devices until into 2020? It will have been roughly the same amount of time between PS4 and NX, so does that make it Gen 10, or more Gen 9 despite the additional leap forward and time difference?

Besides all of that, there's actually precedent for Nintendo doing something like this. Wii U is a flop, NX is their mulligan. Sound familiar? Let me change those proper nouns: "Virtual Boy is a flop, Gameboy Color is their mulligan." Both the Virtual Boy and Gameboy Color are classified as Gen 5 platforms, with Virtual Boy launching three years prior to the Gameboy Color. The Virtual Boy was a commercial failure and embarrassment (much like the Wii U has been), while the Gameboy Color redeemed the platform (much like the NX will, if things go as planned).