Home News Bitcoin Despite Absymal 2018 Bear Market, Roger Ver Remains Optimistic

Despite Absymal 2018 Bear Market, Roger Ver Remains Optimistic

December 05, 2018 13:32
|
Share with your friends

Roger Ver, who is the proponent for Bitcoin Cash ABC (BCHABC), said in an exclusive interview, that despite 2018 being not the greatest year in cryptocurrencies, they still have value and it wouldn’t be right to write them off.

While referencing to the 2018 bear market, the interviewer asked Ver that some say this has been Bitcoin’s worst month in years (some say seven), noted that markets have been “chilly,” and asked Ver if a “floor has been reached.” The bitcoin.com Chief Executive Officer (CEO) said, “nobody knows.” Ver then joked that this unpredictability regarding “up, down, or sideways” movements are just a part of cryptocurrencies’ inherent “fun.”

Advertisement

Trying to get more of a reaction, the interviewer went on to ask Ver about his “gut feeling.” Ver said, “I’m a fundamentals investor, so I’m investing [due to] fundamental [factors]. [In the] long-term, the future is brighter than ever [for cryptocurrencies]. There’s more awareness, there’s more adoption, and there’s more stuff happening all over the world. So, of course, I’m incredibly bullish on the entire crypto-coin ecosystem.”

The interviewer, like most media people, did not appear to be a fan of cryptocurrencies and asked Ver if the Coincheck hack that took place in Japan had undermined the stability. Ver however responded, “If anything, I think its brought additional awareness to the ecosystem. The fact that such big players (institutions) are involved, and hackers are trying to hack it, means that cryptocurrencies are worth something. if it wasn’t worth anything, or if it wasn’t useful, hackers wouldn’t waste their time… So, if anything, it’s just a bullish signal that cryptocurrencies are here to stay for the long-term.”

The CEO of Bitcoin.com was in the news when he announced that he had a fallout with Craig Wright, the proponent of Bitcoin Cash Satoshi Vision (SV). Soon after that, BCH underwent a hard fork.

Liked what you read? Join us on Telegram

LEAVE A REPLY

Please enter your comment!
Please enter your name here