It's not a bear market, and the stabilization of the industry. According to early investor
Source:
Early cryptoanalyst jed McCaleb says we haven't seen a bear market, even despite the long decline in rates and the despair of investors. An expert who had a hand in the once largest crypto currency exchange as well and argues that the market simply «relaxes». In the end, however long-term trend still remains bullish.
thethe cryptocurrency Market does not collapse, as prices do not matter
Financier, co-founder and chief technology officer Stellar jed McCaleb in an interview with Yahoo! told about the key findings from his decade-long experience of cryptocracy. The focus, he stressed on the adoption of blockchain and financial institutions, and a prolonged bear stock market.
In my opinion, no bear market no. It's just funny when people say that cryptocurrencies don't work. Of course, we're a little down from peak but the long term trend is still upward. In fact, we do not attach so much importance to courses, because they have nothing to say.
He suggests that higher prices do attract more of a niche interest, which provides companies and cryptoprocta cash flow for further development. Still the sharp fall of the stock market forced many of the projects or at the very least .
theProjects for millions of dollars without technical achievements – shame
NewsBTC writes, co-founder of Stellar also put forward the argument, saying that sometimes greater cash flow only prevent progress.
Last year's bullish take-off literally has blinded many investors who began to buy and fill your investment portfolio do not understand anything.
According to McCaleb, the situation must change. Maybe it will be only after the stock market «rest». Because cryptoprocta with millions of capital and without technical achievements, according to experts, it is «a disgrace». More data to search for .
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