2018-6-21 22:57 |
1/ Shared the following message with the team @coinbase today… pic.twitter.com/XDNDZfCtOp
— Brian Armstrong (@brian_armstrong) June 19, 2018
No Place For Price Hype
Bitcoin currently hovers around $ 6550 on major exchanges, having reached recent lows of around $ 6250 — which sparked warnings from traders about a sell-off potentially taking prices below $ 5000.
Armstrong, meanwhile, told Coinbase staff to ignore any form of “irrational exuberance” or “irrational pessimism,” continuing:
Reality is always somewhere in the middle, more correlated with real usage (transactions per day) than the price.
Last month, research from Chainalysis cast new light on the current usage of Bitcoin.
What do you think about Brian Armstrong’s perspective on Bitcoin prices?
The post Coinbase CEO: ‘I’ve Come To Enjoy’ Bitcoin Price Lows appeared first on Bitcoinist.com.
Similar to Notcoin - Blum - Airdrops In 2024