Freedom of speech-to-ECHO: The Bitcoin Community in the spell of the rally

the of Course, the recent price rallies were also the most stoic, the most Hodler cold. As so often after the course of the case, climbs, were also last week, the wildest theories and course objectives in the network.

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8. April 2019BTC$5.164,86 0.51%Facebook Twitter LinkedIn xing mail

Fortunately, there are also in the overheated crypto market is still rational actors. We have summarized the most interesting announcements of the scene. Welcome to the freedom of speech to ECHO.

Tone Vays: Central banks, Bitcoin is

Tone Vays, Ex-wall street Trader for J. P. Morgan and Bear Stearns, the most influential voices in the Bitcoin universe. The media portal crypto globe has taken the Early Adopter to the Interview.

The question of whether he could imagine that Central banks hold ever Bitcoin or nation-States could adopt BTC as legal currency, said Yes the YouTuber:

Yes, I believe that in my lifetime both of these events a probability of more than 50 percent. One of the reasons why I set up my Bitcoin in a bear market continue to hodl.

Tone Vays

the end of 2019 is expected Vays by the way, a Bitcoin price of $ 5,000.

Erik Voorhees explains how markets work

Shapeshift CEO Erik Voorhees plays, however, the rally tutor. Why Bitcoin has a tendency of extreme price changes in a short period of time, therefore in the rationality of market participants:

An Asset such as Bitcoin can't rise over the years, steadily, if the acceptance is growing. Because if the assets will rise in XX months, for example, 5 percent per month, tyres are rational actors, this growth pre-and inevitable cause blisters. There is no other way.

Erik Voorhees

asset like Bitcoin cannot rise steadily over years as adoption advances. For upon seeing an asset rise by, say, 5% per month for XX months, and rational actors want to front run that growth, causing inevitable bubble and burst. There is no other way.

— Erik Voorhees (@Erik Voorhees) April 4, 2019

Brian Kelly: "the objective of the course $ 6,000"

A little glass ball belongs in every well-stocked freedom of speech ECHO. Today, Brian Kelly should look in the future. Compared to the news portal CNBC, the founder and CEO of BKCM:

said All of the indicators available to us – whether it be fundamental data, technical data, or the quantitative analysis that we perform suggests that we have likely found a floor. [...] A reasonable target price is at $ 6,000.

Brian Kelly

CZ scatters FOMO

"is Plenty of money ready to jump in the market and in FOMO mode," tweeted the Binance-in-chief.

I guess this is what is true. Plenty of money ready to jump in, and in full FOMO fashion.

Everyone wants to be in Crypto. Don't get left behind! https://t.co/rfvRS7uhGK

— CZ Binance (@cz_binance) April 2, 2019

Everyone will be invested in crypto []. Do not take!

That statements such as these, however, the horses are rather shy, and Changpeng Zhao, the CEO of the largest Bitcoin exchange in the world is not quite as independent in his advice, he knows but sure of themselves.

Breaking: crypto-currencies for the financing of terrorism, unsuitable

Who didn't know yet, you can convince yourself independently when reading the latest report from the RAND Corporation. The core message: there is Currently no concrete evidence that terrorist groups use Bitcoin & co., to Finance their activities.

Future regulations should ensure that this remains so. The full report with the title: "Terrorist Use of Cryptocurrencies: Technical and Organizational Barriers and Future Threats" can be found here.

Tuur Demeester: Bitcoin is growing up

In the latest issue of the Stephan Livera-Podcast was Adamant-Capital-CEO Tuur Demeester. The topic of Bitcoin was, of course, and as investors of the crypto-currency no 1 should deal with it.

Bitcoin is "growing up, [ ... ]." One could observe the transition to a "legitimate Reserve Asset, a full-fledged digital Gold and a real money".

If the changes are not bullish spring tones.

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