Buzz What Could Possibly Move The Crypto Market

Discussion in 'Cryptocurrency News (HAPPENING!)' started by philipj, Feb 14, 2019 at 2:04 PM.

  1. philipj

    philipj GrandMaster Crypto Guardian

    In an interview with OKEx CEO Tim Byun, he was asked about his opinion on the ongoing crypto bear market. In response, In response he said;

    We’re in a bear market and most recently a steep correction, which reminds me of the dot-com crash of 2000. I am confident that we will come out of this bear market with innovative companies that will lead the digital asset innovation, just like the innovative internet, ecommerce and social media of the post 2000 internet era.
    he was asked what will move the market;

    He said ;
    It won’t be security tokens that are mere asset-backed securities of traditional assets (even though this could be exciting and beneficial to Wall Street including as a superior feature to Collateralized Debt Obligations specifically). My guess is that we’ll see a few good projects transition to mainnet and demonstrate clear use cases that could be revolutionary (think a service like Google Search) or novel (think a service like Facebook)… we have yet to see crypto ecosystems equivalent to Google nor Facebook, but it’s coming.
     
  2. Loading...

    Similar Threads - Possibly Move Crypto Forum Date
    Crypto News Aa Union Capital - Fixed Move Income To Neutral Duration In Usd & Gbp Portfolios Cryptocurrency News (HAPPENING!) Nov 20, 2018
    Crypto News A Positive News From Germany To Move Away From American Financial System Through Cryptocurrency Cryptocurrency News (HAPPENING!) Aug 24, 2018
    Crypto News Bitcoin Cash To Be Removed From Bittrex Cryptocurrency News (HAPPENING!) Jun 18, 2018
    Crypto News Quebec Government To Remove Electricity Ban On Cryptocurrency Miners Cryptocurrency News (HAPPENING!) Jun 2, 2018
    Buzz Reminder: Bittrex Will Remove Number Of Coins On March 30th Cryptocurrency News (HAPPENING!) Mar 16, 2018

  3. Djlakhany

    Djlakhany Active

    I believe any major news got the power to move the market in different directions, so we just need to be prepared to be able to spot such news.

    I am able to spot that easily via watching out the Crypto Calendar, but of course, it’s possible to see sudden news coming up, but then you can very honestly can’t plan for it. So, I don’t think it is something that we even need to try out at all.
     
    philipj likes this.