Joe Lubin: get out your sunglasses bright future of cryptocurrencies blind

Date:

2018-12-25 00:00:07

Views:

3103

Rating:

1Like 0Dislike

Share:

Joe Lubin: get out your sunglasses bright future of cryptocurrencies blind Source:

Co-Founder of one of the main cryptocurrency in his Twitter urged all to celebrate the bottom of Bitcoin in 2018. According to Lubin, the bottom of the stock market is characterized by «epic amounts of fear, uncertainty and doubt”. This is especially pronounced in niche media. In the continuation of the tweet, the founder of the platform on the basis of blockchain Ethereum ConsenSys probably commented just recently that his company is reducing staff.

ConsenSys no problem, we just adjusted the balance and set new priorities. This process is not associated with the collapse of the stock market and started about 9 months ago.

According to him, the company continues to invest in projects as befits a technology incubator and venture capital firm. In addition, ConsenSys even hiring new specialists for the internal projects that play a key role in the development of the company. In addition, Lubin drew attention to the abuse of excessive speculation and paranoia, which inflate the bloggers and the media, with no real data to confirm his words.

At the end of the message Lubin once again expressed optimism regarding the future of the ConsenSys and infrastructure Ethereum.

The Sky is not falling. Personally, I see a very bright future. So bright to the next 2019 what if you could see my eyes, you'd have to wear sunglasses.

Last week flashed the news that ConsenSys begins to get rid of her previously-funded startups. According to sources, ConsenSys planned to reduce 50-60 percent of 1,200 of its employees. However, Cointelegraph reported that the reduction in cryptocotyle seem quite mild in comparison with what is happening in the industry around the world. More data to search for .

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

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 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

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...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

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

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...

Lightning Network comes to success, despite the unfortunate

Lightning Network comes to success, despite the unfortunate "kryptonia"

the first blocks leading developers worked hard on the problem scaling it to the blockchain. While «kryptonim» 2018 were seriously crippled by the many startups, developers, and key players in the industry, the network i...

Identified worst cryptocurrencies of the expiring 2018. Who lost the most?

Identified worst cryptocurrencies of the expiring 2018. Who lost the most?

the Dust after the last cryptocurrency collapse have subsided, so we can consider the worst cryptocurrencies of the expiring 2018. One of the best also happens to include several worthy candidates, but most altcoins are shown dail...

The number of bilateral gcd of Bitcoin fell nearly 19 percent. Why is it important?

The number of bilateral gcd of Bitcoin fell nearly 19 percent. Why is it important?

According to Bitnodes, the number of nodes with two-way communication in the network decreased by 18.98 percent in 2018. Back in January there were 11 845 pieces, now the network works, only 9597 nod. During the same period of tim...

Here is a twist: Ripple — the most desired gift for the New year among all cryptocurrencies

Here is a twist: Ripple — the most desired gift for the New year among all cryptocurrencies

unlike most altcoins, this year was not so bad . Of course, it is necessary to take into account not the asset price and the news around it. In this respect, XRP no problem — the coin even came out on second place by market capita...

China has updated the ranking of cryptocurrency: EOS remain undefeated

China has updated the ranking of cryptocurrency: EOS remain undefeated

it Seems that sunk into the heart of the Chinese criptonita. Center of information and industry development (CCID) under the Ministry of industry and information technology of China has published an updated cryptorouter. EOS is st...

Record: Nvidia gave the worst performance in the S&P 500 index because of falling mining-industry

Record: Nvidia gave the worst performance in the S&P 500 index because of falling mining-industry

a Sharp decline in the profitability of the mining of cryptocurrencies is extremely negative impact on the manufacturers of video cards. The Nvidia problem is also not spared. In the 4th quarter of 2018 the company is currently ex...

Wall Street Journal: the sale and the imminent redemption of Bitcoin can reduce the costs for taxes

Wall Street Journal: the sale and the imminent redemption of Bitcoin can reduce the costs for taxes

the article Wall Street Journal of December 21, investors are advised to sell and then buy back their bitcoins to save on taxes. It also States that in 2018 the only positive thing for cryptocurrency is «tax break». Give...

Record: Nvidia showed the worst performance in the S&P 500 index because of falling mining-industry

Record: Nvidia showed the worst performance in the S&P 500 index because of falling mining-industry

a Sharp decline in the profitability of the mining of cryptocurrencies is extremely negative impact on the manufacturers of video cards. The Nvidia problem is also not spared. In the 4th quarter of 2018 the company is currently ex...

The results of the week: Bitcoin holds above $ 4,000. Bullrun started?

The results of the week: Bitcoin holds above $ 4,000. Bullrun started?

this week the market supervision have gradually passed into the hands of the bulls. Now Bitcoin is in uptrend, which supports the cryptocurrency is above $ 4,000. As indicated by the graphs, the coin will continue to grow up to $ ...

CRYPTOMACH / Death NVidia GTX 1060, the growth of Bitcoin on 1328 percent, translating 159 million USDT and 500 days before halving

CRYPTOMACH / Death NVidia GTX 1060, the growth of Bitcoin on 1328 percent, translating 159 million USDT and 500 days before halving

the New year is already knocking at the door, and does not hesitate to do it feet. All stores of line, packers gifts are getting record profits, and the mandarins go instead of seeds. Next week will be even worse. And while it is ...

The results of the week: Ethereum above $ 100. Grow next?

The results of the week: Ethereum above $ 100. Grow next?

Relatively stable growth very positive impact on altonah. Traditionally «indicator» the health of the rest of the stock market is considered . This week's coin managed to break several resistance levels and is now steadi...

Nouriel Roubini: Bitcoin is the biggest Ponzi scheme in human history

Nouriel Roubini: Bitcoin is the biggest Ponzi scheme in human history

Nouriel Roubini again made a public statement against it . This time the famous economist addressed the issue of market manipulation. In his opinion, the price of cryptocurrency is only by the infinite Panov and dumps. In other wo...

Futures Bitcoin Bakkt will be approved in early 2019. How will this affect the price of the coin?

Futures Bitcoin Bakkt will be approved in early 2019. How will this affect the price of the coin?

according to the Wall Street Journal, the Commission on trade commodity futures U.S. (CFTC) approves Bakkt – the first ever platform for futures contracts . This should happen in the near future. As writes the edition, this is the...

Got game: Tom Lee refuses to predict the price of Bitcoin

Got game: Tom Lee refuses to predict the price of Bitcoin

it Seems That there are forever tied to the price forecasts . We will remind, the co-founder of Fundstrat became one of the most famous people in cryptocommunist for his predictions. Unfortunately, none of them never became a real...

What will be the price of Bitcoin in 2019? The predictions of industry leaders

What will be the price of Bitcoin in 2019? The predictions of industry leaders

If you ignore all the fundamental and infrastructural development in 2018, and to focus only on price, then this period can be considered one of the worst for digital assets. The year began with over 14 thousand dollars when he ha...

What prevents the growth of Bitcoin? The analysts

What prevents the growth of Bitcoin? The analysts

2018 year was a difficult period in the history of cryptocurrency. Over the past few months the industry has left many investors and even miners. To blame the falling prices of digital assets can anyone, but analysts trading platf...

What is common between the growth of Bitcoin and zombies? Expert's answer

What is common between the growth of Bitcoin and zombies? Expert's answer

Over the past week and altcoins started to move upwards under the influence of strong pressure from buyers. In just a few days, the main cryptocurrency has jumped by almost 1000 dollars after upgrading yearly low at $ 3150. Many e...

The trading volume of Bitcoin has reached a historic high

The trading volume of Bitcoin has reached a historic high

Perhaps a rise of a few tens of percent you not much impressed. However, this event hides a much more important record as of December 22, the trading volume of bitcoin has reached its historical maximum. With Bitcoin not have made...