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Binance’s CZ says crypto industry still growing - price fluctuations normal
Changpeng Zhao, Ketua Pegawai Eksekutif 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.
“Saya rasa memandangkan kejatuhan harga ini, dari paras tertinggi sepanjang masa 68k hingga 20k sekarang, ia mungkin akan mengambil sedikit masa untuk kembali. Ia mungkin akan mengambil masa beberapa bulan atau beberapa tahun,”
Beliau menambah:
“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.
Mengenai subjek sama ada dia fikir industri itu berada dalam "musim sejuk crypto", dia menjawab bahawa untuk banyak projek crypto yang dilancarkan sekitar puncak $68k, ia mungkin agak sukar bagi mereka. Beliau menyatakan:
“Buat masa ini, pastinya banyak projek dalam keadaan terikat kerana apabila anda mencapai tahap tertinggi sepanjang masa, semua projek membelanjakan wang seperti yang mereka akan berada pada tahap tertinggi sepanjang masa. Jadi sekarang apabila ia jatuh, ia berasa seperti semasa musim sejuk. Tetapi untuk projek yang telah menjimatkan wang tunai, kami masih baik, kami masih mengupah, kami masih berkembang.
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Sumber asal: CryptoDaily