Free Money Cash Ways

Cryptocurrency

Bitcoin Price | Coinbase President Asiff Hirji Optimistic for New Year

, Bitcoin Price | Coinbase President Asiff Hirji Optimistic for New Year


, Bitcoin Price | Coinbase President Asiff Hirji Optimistic for New Year

Crypto players from around the globe are chiming in on the direction of the Bitcoin price in 2019. Will it continue to see price crashes? Or will the current recovery continue? Better yet, has the industry had a good year and will it continue to have significance in the new year?

Earlier in the week, we heard from bears, like Erik Finman who called Bitcoin “dead;” and we heard from Spencer Bogart, a Bitcoin bull, who not only said BTC will continue to rise, but that 2018, contrary to popular belief, has been one of the best years for the cryptocurrency.

Today, word surfaced that the President of Coinbase, Asiff Hirji, believes something similar to Bogart.

2018: A Good Year for BTC, Despite Bitcoin Price Crashes

Despite the crashes experienced in 2018 (such as the bearish run that sent the Bitcoin price to a low of $3,200), Asiff Hirji believes BTC is recovering.

In his interview with CNBC’s Fast Money, Hirji said this recovery isn’t surprising and that it’s likely to continue into 2019. That’s a statement in complete opposition of the thoughts of Erik Finman. “Some things are never as good as they seem,” said the Coinbase President, “and never as bad as they seem.”

During the interview, Hirji spoke on the performance of the crypto market in the last year. According to Hirji, there’s been more innovation this year in the market. “We’ve never had as much innovation as we have today,” Hirji explained, citing, for instance, how cryptocurrencies are getting more visible.

>> Facebook Cryptocurrency: Is the Tech Giant Developing a Stablecoin?

Spencer Bogart, also during a Fast Money interview, spoke on something similar, calling 2018 a “fantastic year” for BTC, despite the Bitcoin price crashes. Speaking also on innovation, Bogart said this year is the first time we have scaled the digital currency “with a lightening network,” making transactions quick and cheap.

Bitcoin Price

At the time of writing, the BTC price is $3,905.13.

, Bitcoin Price | Coinbase President Asiff Hirji Optimistic for New Year
Source: CoinMarketCap

The Takeaway

It’s vital to take comments such as Asiff Hirji’s into consideration. While it’s easy to oust BTC from your mind due to the recent Bitcoin price crashes, we must also recognize the good that occurred during the year, such as an increase in innovation.

What do you think? Let us know in the comments below.

Featured Image: Depositphotos/Piter2121

If You Liked This Article Click To Share





Source link

Have any Question or Comment?

Leave a Reply

Categories

Arts & Entertainment
Business / Investing
Computers / Internet
Cooking, Food & Wine
E-business & E-marketing
Employment & Jobs
Fiction
Games
Green Products
Health & Fitness
Education
Home & Garden
Languages
Mobile
Parenting & Families
Politics / Current Events
Reference
Self-Help
Software & Services
Spirituality, New Age & Alternative Beliefs
Sports
Travel
Betting Systems
As Seen On TV

Arts & Entertainment


Architecture
Art
Body Art
Dance
Fashion
Film & Television
General
Humor
Magic Tricks
Music
Photography
Radio
Theater

Business / Investing


Careers, Industries & Professions
Commodities
Debt
Derivatives
Economics
Equities & Stocks
Foreign Exchange
General
International Business
Management & Leadership
Marketing & Sales
Outsourcing
Personal Finance
Real Estate
Small Biz / Entrepreneurship

Computers / Internet


Databases
Email Services
General
Graphics
Hardware
Networking
Operating Systems
Programming
Software
System Administration
System Analysis & Design
Web Hosting
Web Site Design

Cooking, Food & Wine


Baking
BBQ
Cooking
Drinks & Beverages
General
Recipes
Regional & Intl.
Special Diet
Special Occasions
Vegetables / Vegetarian
Wine Making

E-business & E-marketing


Affiliate Marketing
Article Marketing
Auctions
Banners
Blog Marketing
Classified Advertising
Consulting
Copywriting
Domains
E-commerce Operations
E-zine Strategies
Email Marketing
General
Market Research
Marketing
Niche Marketing
Paid Surveys
Pay Per Click Advertising
Promotion
SEM & SEO
Social Media Marketing
Submitters
Video Marketing

Employment & Jobs


Cover Letter & Resume Guides
General
Job Listings
Job Search Guides
Job Skills / Training

Fiction


General

Games


Console Guides & Repairs
General
Strategy Guides

Green Products


Alternative Energy
Conservation & Efficiency
General

Health & Fitness


Addiction
Beauty
Dental Health
Diets & Weight Loss
Exercise & Fitness
General
Meditation
Men's Health
Mental Health
Nutrition
Remedies
Sleep and Dreams
Spiritual Health
Strength Training
Women's Health
Yoga
Dietary Supplements

Education


Admissions
Educational Materials
Higher Education
K-12
Student Loans
Test Prep & Study Guides

Home & Garden


Animal Care & Pets
Crafts & Hobbies
Entertaining
Gardening & Horticulture
General
Homebuying
How-to & Home Improvements
Interior Design
Sewing
Weddings

Languages


Arabic
Chinese
English
French
German
Hebrew
Hindi
Italian
Japanese
Other
Russian
Sign Language
Spanish
Thai

Mobile


Apps
Developer Tools
General
Ringtones
Security
Video

Parenting & Families


Divorce
Education
Genealogy
General
Marriage
Parenting
Pregnancy & Childbirth
Special Needs

Politics / Current Events


General

Reference


Automotive
Catalogs & Directories
Consumer Guides
Education
Etiquette
Gay / Lesbian
General
Law & Legal Issues
The Sciences
Writing

Self-Help


Abuse
Dating Guides
Eating Disorders
General
Male Dating Guides
Marriage & Relationships
Motivational / Transformational
Personal Finance
Public Speaking
Self Defense
Self-Esteem
Stress Management
Success
Time Management
Survival

Software & Services


Anti Adware / Spyware
Background Investigations
Communications
Dating
Developer Tools
Digital Photos
Drivers
Education
Email
Foreign Exchange Investing
General
Graphic Design
Hosting
Internet Tools
MP3 & Audio
Networking
Operating Systems
Other Investment Software
Personal Finance
Productivity
Registry Cleaners
Reverse Phone Lookup
Screensavers & Wallpaper
Security
System Optimization
Utilities
Video
Web Design
3D Printing

Newsletter

Enter your email to receive news and updates from this blog
X
%d bloggers like this: