Where the potential growth niche cryptocurrency? Reply Tom Lee
Source:
Known in the cryptocurrency community for its forecasts prices co-founder of Fundstrat Tom Lee called for the transmission of CNBC Crypto Trader. Along with leading a Ranom Namerom he discussed the issue of the predictions of the courses, and even told whether he will continue to do it. According to Lee, he's always optimistic about cryptocurrency.
Neuner began the interview by Recalling previous cryptocurrency forecasts, which he did with Lee. Alas, the majority of people do not understand them. In turn, Lee admitted that he had sworn never to predict the price for the whole year ahead, as it is very difficult.
So we are talking more about trend up or down and can give only an indicative value.
Co-Founder of Fundstrat once again reminded that the stock market is still at an early stage of its development. Therefore it is better to analyze the situation not only from the point of view of courses and capitalizations.
I think the results are better assessed by how the crypt transformerait financial system. One of the key indicators here is that Visa serves 5 billion accounts. While holders cryptocell active at the moment, no more than 50 million.
Lee believes in the future growth of the stock market. The expert suggested that just for a moment to imagine the expansion of the niche cryptocurrency from 50 million to 5 billion users.
The Conversation was not spared and launch its own cryptocurrency institutions, by type and . According to Lee, the news is certainly positive.
The coins will be a test of the model proof of concept. Cryptocurrencies are actually interested in those financial institutions that have only a couple of years ago called the digital currency a bad idea. Now they are launching their own blackany. More data to search for .
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...
Rally Bitcoin — deception. Well-known economist advises to invest in gold
Director of Euro Pacific Asset Peter Schiff does not see anything supernatural in growth . Recall that the main cryptocurrency has already risen by 179 percent since the beginning of 2019 and is now trading at the level of $ 8540. According to Schiff...
May 2Miners: run pools Aeternity, the debut 2CryptoCalc and software upgrades
the Last month of spring proved to work. The team started working on launching (AE), the addition of which the majority voted representatives of the community. Calculator profitability of mining Alexei Rubin moved to the domain and now will develop e...
Related News
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 back...
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...
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...
Binance runs from regulators, but in the end will lose. Report MIT
the world's Largest crypto currency exchange is playing a dangerous game with the regulators. She continues to work as if the market is still bullish, that is, including increasing the capitalization at the expense of ICO. The exp...
Fasten your seat belts: soon Bitcoin will jump to $ 5,500
smell that? Hopes for growth among the majority of traders are slowly returning. Yeah, still not broke up, however, this event can already happen in the very near future. Analyst under the name GalaxyBTC argues that the main crypt...
Twitch banned the payments to the crypt. Users resent
it Seems that the video streaming service Twitch, Amazon has disabled the payment of a subscription and . This was at the weekend wrote on Reddit user under the name f7ddfd505a. Prior to this, Twitch has provided the possibility o...
The last hero: how to survive during cryptogamy?
there is Now a growing popularity of IEO — a new kind of crowdfunding, which are themselves crypto currency exchange. However, any concept has its own hours of sunrise and sunset. It is possible that IEO will suffer the sorry fate...
The results of the week: Ethereum once again on the verge of a breakthrough. Will there be growth?
is preparing for a new leap — it is now the fate of cryptocurrency for the next couple of weeks. Most likely, the asset will continue to grow as long as it remains above the support zone of $ 132. At the moment this level is a ma...
Over another week. For cryptocurrency market, she was successful — according to CoinMarketCap, over the last seven days Bitcoin has never dipped below $ 4,000. With the current course embarrassingly small. As an analyst at the Thi...
The results of the week: Bitcoin is once again storming the level of $ 4,000
Price is still in a local uptrend. The main growth of the cryptocurrency did not prevent even the desperate attempts of the bears to regain control over the market. The asset continues to maintain buyers for any minor pullback to ...
Acne Buterin: I lose faith in humanity, if Tron will go Ethereum
the Creator of acne Buterin talked about the problems of different blockchains in an interview with Laura Shin in its programme Unchained. Earlier, he explained why it considers advantageous both for developers and ordinary holder...
Chicoine lost. As the season altcoins will separate the wheat from the chaff
In the last few weeks the markets of altcoins show vigorous momentum. Many are already wondering about whether or not the season began altcoins? While the major cryptocurrencies has kept the relative peace that altcoins with small...
At a glance: Metamask reveals the ETH addresses of all visited sites
the GitHub User under the name projectoblio with the most popular browser extension . As the author describes, the extension sends information about the user -addresses of all visited sites. And it's not even a bug, but a feature ...
Why native cryptocurrency banks — is that bad? The opinion of management, BIS
the head of the Bank for international settlements BIS Augustin Carstens criticized the initiative of banks to issue their own digital currencies. As he says, they just copied from the cryptocurrency, but in reality . This opinion...
Did not expect: the index of dominance of Bitcoin is 80 percent
There are a few clear to all parameters : price, number of coins in circulation and market capitalization. But there is also the index of dominance in the market, that is, the percentage of the total BTC market cap of all cryptocu...
95 percent of the trade volume is fake. How to distinguish the real deals from the fake?
According to new research by analysts Bitwise Asset Management, 95 percent of trade volumes are fake. Only 10 kryptomere show real data about the auction. However, the situation is not so bad for industry, as it may seem at first ...
A new ranking of cryptocurrencies from China. Tron took off the top and Bitcoin is losing popularity
the Center for information and development of industry in China (CCID) has updated the most promising cryptocurrencies version of the local experts. Judging by the published data, investors from China for quite a long time, give p...
What will be 2019 for Bitcoin? Response CEO BitMEX
Open the champagne Arthur Hayes returned to the bullish camp. Earlier, CEO of BitMEX said that has not yet found its bottom . In 2019, fortunately, the situation will be the opposite. According to preliminary estimates of Hayes, B...
Young genius: Satoshi Nakamoto studied at the University while working on Bitcoin
a Young genius that solves the problems of the world, left the University — is not a good script for a Hollywood Thriller. But was it so ? We'll never know for sure until he himself Satoshi or the best circumstance will not reveal...
Comments (0)
This article has no comment, be the first!