Cryptocurrency enthusiast and founder of Morgan Creek Digital Assets Anthony Pompliano expressed his opinion in an interview with Blockchain Reporter that over time all assets will become digital and then the golden age of cryptocurrency will begin.
President and Chief Operating Officer of Coinbase Asiff Hirji said that institutional investors who have short-term goals, it is better not to touch cryptocurrency.
During his speech on CNBC, Hirji stressed that his company warned investors to be cautious during the period of explosive growth of Bitcoin back in 2017, but many cryptocurrency enthusiasts did not heed the warning.
The head of ConsenSys and co-founder of Ethereum Joseph Lubin announced that the current state of the market will not deteriorate, because this year he "reached its bottom", "is marked by an epic amount of fear, uncertainty, and doubt."
In addition, the head of ConsenSys assured the cryptocurrency community that, despite the recent significant reduction in staff, nothing bad happens to the company - this is just a reorganization.
"ConsenSys remains healthy and is engaging in a rebalancing of priorities and activities which started about nine months ago," said Lubin.Brian Armstrong, CEO of the American Cryptocurrency Exchange Coinbase, urged wealthy cryptocurrency holders to donate their assets to charitable or other purposes.
In a blog post on The Giving Pledge, a charity website created by Bill Gates and Warren Buffet to encourage rich people to use their money for worthy goals, Armstrong wrote:
"Once a certain level of wealth is reached, there is little additional utility from spending more on yourself. … Whether it's through improving education, creating a more level playing field, or increasing economic freedom, I'm interested in helping more people see their ideas come to fruition in the world."
The co-founder of the Circle cryptocurrency platform, Jeremy Allaire, on Friday gave an interview to the CNBC information portal, in which he said that Bitcoin has great prospects and that it will certainly increase in price in the future.
He was asked about what value Bitcoin would have in 3 years, to which Allaire replied that he did not want to give "significant price forecasts", but nevertheless said: "In my opinion, it will cost much more than it does now."CEO of the cryptocurrency payment service BitPay Stephen Pair told in an interview with CNBC that the current value of Bitcoin is more related to the speculative component, and only a small part of it is of practical value. However, with his company he plans to change the situation.
"A great influence on the price is exerted by speculation, and the real practical significance of Bitcoin is only a small component of its price. BitPay focuses precisely on this issue - using the platform and providing products that will be valuable to our customers," said Pair.In a conversation with Bloomberg, a cryptocurrency investor and CEO of Galaxy Digital, Mike Novogratz, compared Bitcoin with a drug, and the current market situation with a "methadone clinic".
BTCC co-founder Bobby Lee predicts that the price of Bitcoin could fall to $ 2,500 in January 2019. Many traders consider this figure too optimistic.
Against the background of an ongoing survey in social networks, in which almost 5,000 people took part, Lee, who is becoming more and more famous for his bullish price forecasts, said that "a large number of purchase and support orders" will help Bitcoin to keep up $ 2000.
The head of Morgan Creek Digital cryptocurrency investment company, Mark Yusko does not lose confidence in the bright future of Bitcoin and cryptocurrencies.
Despite the continuing decline in the cryptocurrency market, Bitcoin enthusiast and owner of Bitcoin.com Roger Ver in an interview with "Bloomberg Daybreak: Europe" confirmed a positive mood for the future of cryptocurrencies.