Expert: the fall of the stock market is just a small obstacle in front of ballroom
Source:
From the very first block of Bitcoin cryptocurrency «found» huge number of supporters, who did promote the decentralization of the modern financial system. This issue was discussed on Bloomberg Crypto Summit, which brought together a huge number of well-known financiers and cryptoendoliths.
A report on the stage were made by the chief investment officer CCLA Investment Management James Bevan. He tried to dispel some myths about Bitcoin, including statements about the full cryptocurrency «spiral of death».
theObstacles on the way to burrano
One day, Bevan has stated that Bitcoin will be the Foundation of the financial system of the future. A similar idea, he announced at the summit.
I do not think it [the fall in Bitcoin's] existential crisis, more like a bump in the road. Institutional investors have gone through a lot of these bumpy roads in ordinary currency.
In an interview with the Independent CEO Ambrosus angel versetti, too , that cryptocurrency is still very far from its end. In his opinion, the decline after the alleged bubble in the market does not mean failure of the entire industry as such. The real bubble hasn't even hit yet — we will see trillions of dollars of capitalization and the mass adoption of digital assets in the world.
During the event, Bloomberg Crypto Summit other cryptomnesia noted the growing importance of tablconv. Recently Coinbase and Circle has released its own cryptocurrency backed by dollar. Given the fact that things are now they are a very good alternative to Tesero coins will soon be able to take his place.
There's about to be four in the world's 25 largest by market capitalization.
is already #5, but TrueUSD is now #25 with USD Coin and Paxos Standard right behind.
— the Markets CoinDesk (@CoinDeskMarkets)
While we can only wait and hope that the bear market will not drop Bitcoin below $ 3,000. To prepare for the next bullrun, don't forget to subscribe to our cryptcat.
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
VEB and the Grozny mayor's office transferred the housing sector on the blockchain
In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...
Hacker 1337. How to hack Etherscan not to cause any harm
Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...
A brief respite: Tron ceased to fall. Will growth next week?
With great difficulty, Tron managed to keep the tenth position in the ranking of Coinmarketcap. This morning, the capitalization of the coin is 895 million, while the heels she already comes Cardano, whose market capitalization is...
Ended the first full week of winter. For the market of cryptocurrencies it was really cold: Bitcoin fell to $ 3300 and pulled the entire market. This is not only spoiled the mood of hontarov, but also undermined the benefits from ...
The regulator gave the go-ahead. The Gemini talistic crypto currency exchange Bitcoin Cash
Owned by brothers Winklevoss Gemini is going to add support for Bitcoin Cash. According to information, the exchange is ready to solistice only the branch support alternative fork pending. These coins occurred last month when Bitc...
Bitcoin will find its bottom in January 2019. And when the rate will increase to 333 thousand?
At the end of 2017, almost all the experts in one voice told that the price of Bitcoin will rise much above 25 thousand dollars by the beginning of 2019. Unfortunately, these predictions did not come true. The BTCC co-founder Bobb...
Bitcoin – the walking dead. The opinion of the investment Director of Creative Planning
President and chief investment officer of the company Creative Planning Inc Peter Mallouk finds a dead man, the cost of which will inevitably fall to zero. We will remind, the company manages assets by $ 32 billion. Hardcore Bitco...
Fall is Bitcoin even lower? Response analysts
it would Seem that the situation can not be worse. But no, once again crashing towards the bottom. A couple of days ago the main cryptocurrency was trading in a channel from 3800 to 4200 dollars. Now the coin is approaching the su...
The Ethereum and EOS will not die. They want to save the General Director of Tron
Director General of the decentralized Internet Protocol TRON Justin San said that the company organizes "rescue Fund" Ethereum and developers of EOS from the collapse of their platforms. However, aid is not free – in return, he re...
Coinbase will add 30 new coins. When waiting for the pump?
the XRP Holders will finally get what they waited so long. The largest American crypto currency exchange Coinbase recently announced the listing of a rather large list of coins, among which were Ripple. It is likely that after suc...
Facebook will create the most used product in cryptosphere. What are we talking about?
Morgan Creek said that in spite of panic within the crypto community Facebook is going to release “the most used product in the history of cryptocurrency”. Responding to the founder of The Mike Block Dudas aimless blockchain hiri...
Wealthy Willy-nilly: crypto currency exchange accidentally sent the user $ 35 million
the Brazilian Kaikyo Nunez now probably prays to system bugs. He recently sent a withdrawal request 128 dollars with the Brazilian exchange Bitcambio, and she by mistake gave him 35,13 million dollar equivalent in Brazilian reais....
The date of an upcoming hard forks Constantinople called officially. When the update?
During the meeting the developers of Ethereum Foundation on Friday, the programmers managed to reach consensus on the final date of the activation of hard forks Constantinople. The procedure was scheduled for the block at number 7...
The war continues: a team of Bitcoin ABC sued over manipulation of hardforum BCH
the American company United American Corp. filed a lawsuit against Bitcoin.com personally Roger Faith and the exchange Kraken. The firm accuses them of trying to seize control of the Bitcoin network Cash during hard forks cryptocu...
And you, Brutus: Chinese miners shortat Bitcoin for hedging due to the falling exchange rate
In the last few months the price of BTC has fallen off significantly, which adversely affected the mining sector. According to recent reports, many miners in China open a short position on Bitcoin for the sake of hedging. Due to t...
Stay: the nearest stop for Bitcoin is $ 3,000
Over the past few days, the main cryptocurrency have time to update the annual minimum. Investors are confused and full of disappointment because of the behavior of Bitcoin. Isn't this a sure sign that the bottom is near? In the s...
The Ethereum fell to $ 13 for the main American a crypto currency exchange. What happened?
Black Friday sort of ended, but the discounts on kaptarenko left. Yesterday, traders had the exclusive opportunity to buy a really cheap Ethereum — for only $ 13! According to analyst Cole garner some market players still managed ...
Red Friday: what will happen to Althingi next?
Almost all altcoins coins from Coinmarketcap top (in addition to ) is now trading below its major support levels. The fall of the stock market continues, and the most famous cryptocurrency every day to update their bottom. Now the...
Whales here: the Fund has accumulated more Grayscale per cent of all bitcoins in circulation
Until someone sells their bitcoins and swears never to fall into this «con», large market players use all opportunities to accumulate more crypts in their pockets. According to the latest report of analysts Diar, the inv...
It happened: Ethereum has fallen below $ 100. What's next?
As we have previously, the bearish scenario in the trading of Ethereum came to life. Cryptocurrency has updated its yearly low, falling below $ 100. At the moment the sellers aim to line of $ 70, which could be the next main suppo...
Comments (0)
This article has no comment, be the first!