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December 27, 2017, 03:24:09 AM |
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Julian Hosp compares the current interest of people with special currencies to the Internet bubble 20 years ago and warns that the digital currency may merge in the future.
"I don't think bitcoin will be coming for the next few months in the winter, but if we look at it for 1 or 2 years, the bitcoin market will see a sharp tightening."
"I don't think this is a bubble break, or an ending. Ultimately, everyone loses their money. I think the collapse of the bitcoin market is nothing but money or assets that are useless or valuable.
He added: "money will flow into those assets that are valuable, new and widely used in the encrypted currency space."
Julian Hosp did not specify which encryption currency will be the most "long-lived" (the valuable and technical digital currency mentioned above), but he said: the tightening of the digital money market will reduce the number of them.
He said: "I think bitcoin is more like digital gold than a daily transaction."
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