Monero [XMR]’s Riccardo Spagni: Bitcoin [BTC] is still trying to figure out its price

Riccardo Spagni aka fluffypony, a lead developer of Monero spoke about the ongoing bear market, which has been ravaging the entire space, during an interview with Tech Central. He also spoke about whether this bear market is similar to the previous ones.

Riccardo started by stating that this is his fifth bear market in the cryptocurrency space, remarking that he is accustomed to the bear’s refuge and added that it’s not surprising anymore. He further stated:

“I think if you if you’ve been in the space for a short amount of time and this is your first bear markets which is entirely possible given that the last bull run before this one was 2013. So anyone who came in after 2013 would have entered during the bear markets and then would have seen a bull run till $20,000. If this is your first crash, then you are going to go like, oh oh no, the sky is falling!”

Investors, who have witnessed the bear market for the fifth time, start to see a trend, he added. However, this trend,…

Read Full Story : AMBCrypto

2018-12-01 22:30:51

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