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Showing posts from February, 2019

Chinese Bitcoin Billionaire Zhao Dong Believes Crypto Spring Will Come in 2020

The Chinese supposed Bitcoin (BTC) billionaire Zhao Dong hopes that the crypto spring will only arrive in 2020. Also, his opinion, segmented in a public chat in local messenger WeChat, was cited by Chinese crypto outlet 8BTC on Feb. 12, Tuesday. Zhao Dong, who possesses a considerable stake in Hong Kong-associated crypto exchange Bitfinex, has lately contributed in a conversation conducted in the chat called “The Public Chain Alliance Crossing the Bulls and Bears Elite Team.” And when inquired about the future of BTC, Zhao Dong remembered the peak of the coin’s reputation in December 2017. As compared to that time, no one upkeep about BTC today, he stated, supplementing that the coin will derive attention again only when its rate approaches “many tens of thousands of dollars” once yet again. Consequently, in the entrepreneur’s opinion, a bear market is the perfect time to purchase BTC. In addition to it, Zhao Dong also mentioned that 2019 will be a year of low crypto values,