Binance’s CZ says crypto industry still growing - price fluctuations normal

Od CryptoDaily - prije 1 godinu - Vrijeme čitanja: 2 minute

Binance’s CZ says crypto industry still growing - price fluctuations normal

Changpeng Zhao, izvršni direktor tvrtke Binance, is the voice of reason when he says that bitcoin may take a few months to a couple of years to get back to all-time-highs. However, he also thinks that the current price of just above $20k, is very low.

CZ told the UK-based Guardian ePaper that he believes that the $20k price is one that investors in 2018 would have been very happy to see four years later. Even though bitcoin has dipped below this price to $17,600 around a week ago, it has since stabilised, and the bulls are trying to reverse the trend.

“Mislim da će, s obzirom na ovaj pad cijene, s rekordnih 68 tisuća na 20 tisuća sada, vjerojatno trebati neko vrijeme da se vrati. Vjerojatno će potrajati nekoliko mjeseci ili nekoliko godina”,

On je dodao:

“20k we think is very low today. But you know, in 2018, 2019, if you told people bitcoin will be 20k in 2022, they would be very happy. In 2018/19, bitcoin was $3,000, $6,000.”

CZ defended his comment in an interview earlier this month, when he said that the bitcoin price was “normal”. He stated that bitcoin’s price was above the last market peak in 2017, and that as the crypto industry was still growing, price volatility was to be expected.

When asked about the investigation by the US regulatory authorities on whether Binance had broken securities laws when it launched its ICO back in 2017, CZ replied that his company continually answered questions from regulatory authorities from all over the world.

Na temu misli li da je industrija u "kripto zimi", odgovorio je da bi za mnoge kripto projekte koji su pokrenuli oko 68 tisuća dolara to moglo biti prilično teško za njih. Izjavio je:

“Trenutno se definitivno čini da su mnogi projekti u škripcu jer kada jednom dosegnete vrhunac svih vremena, svi projekti troše novac kao da će uvijek biti na vrhuncu svih vremena. Dakle, sada kada padne osjeća se kao tijekom zime. Ali za projekte koji su sačuvali novac, i dalje smo u redu, još uvijek zapošljavamo, još uvijek rastemo.”

Izjava o odricanju odgovornosti: Ovaj je članak dostupan samo u informativne svrhe. Ne nudi se niti se namjerava koristiti kao pravni, porezni, investicijski, financijski ili drugi savjet.

Izvorni izvor: CryptoDaily