28 Aug '15, 5pm

Bitcoin Price Has Some Wiggle-Room

I think the next big hurdle will be taking out the top of the Bitfinex flash crash at 252.42. On the governance front, we can all thank Mike and Gavin for having forced the block size issue to a point where we seem to be moving closer to consensus. Good news. And as an anecdote to the negative mood of Venzen’s articles, I recommend checking out the CryptoBrief interview on Medium with VC investor Matthew Roszak. Here’s a quote: “Q: Where do you see the price of bitcoin going over the next few years? A: I think bitcoin is one of the greatest mispriced assets I’ve seen in my career. I am extremely bullish on bitcoin. Given the investment capital and human capital dynamics pouring into this ecosystem, I believe bitcoin is one of the greatest generational opportunities for investors and entrepreneurs.”

Full article: https://www.cryptocoinsnews.com/bitcoin-price-wiggle-room/

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