Last quote by Pavel Matveev
There is some correlation between cryptocurrencies in this sense but there is also fundamental demand for Ethereum in its own right. Ethereum and bitcoin aren't directly competing as they serve different needs.feedback
We found 3 articles in which Pavel Matveev said something. The most recent Pavel Matveev’s quote is: “The world is full of cheap or free credit. There are asset bubbles everywhere from property to retail to bonds.”. In addition, all sources we refer have quoted Pavel Matveev 6 times. On this page, you will find all of Pavel Matveev’s quotes organized by date and topic.
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Quotes by Pavel Matveev
May 12 2017
The world is full of cheap or free credit. There are asset bubbles everywhere from property to retail to bonds.feedback
May 12 2017
Savers have nowhere to put their money. Bitcoin on the other hand has outperformed every traditional currency by a near astronomical margin. Now that Japan's biggest financial institutions are embracing bitcoin, we are in blue sky territory in terms of valuation. Lots of cheap credit is looking for new safe havens to move into and digital assets are an attractive new asset class. The volatility (of digital currencies) really doesn't matter as demand greatly outstrips supply.feedback
Apr 27 2017
Bitcoin does face certain challenges such as negative perceptions stemming from past instances of hacking and other illegality. The Japanese financial system will also face a steep learning curve regarding how to report bitcoins in accounts, for example.feedback
Apr 27 2017
Bitcoin has doubled in value in the past six months. The trend for financial regulation, which recognises bitcoin, is spreading across Asia-pacific, and we expect more and more countries to regulate virtual currencies. I believe the price will continue growing and reach as much as $2,000 to $3,000 by the end of the year. At the same time bitcoin is rapidly integrating such challenges and is increasingly becoming more robust, as Japan's official recognition of the cryptocurrency suggests. Integration into the financial system means companies can now more easily develop products and services.feedback
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