Just read CoinList Co-founder: Crypto Market Will Be Cyclical For a Long Time

CoinList Co-founder: Crypto Market Will Be Cyclical For a Long Time

ICOs Are A Game Of “Land Ducks” And Airborne BirdsAndy Bromberg, the President and co-founder of CoinList, a New York-based ICO-focused platform, spoke with Bloomberg on Monday morning to outline his professional opinion on the state of ICOs and the market in general. Opening the segment, the host questioned Bromberg on how 2018’s crypto market performance has impacted his business, which many would assume follows the trajectory of prices. One of the Bloomberg hosts seemed to take note of this absurd figure, asking Bromberg why this market needs a vast array of tokens and projects. The Crypto Market Is Nascent, “It’s Gonna Go Through Cycles”Bromberg then closed off the segment, giving some insight on where the crypto market could be heading next. This sentiment mirrors what Coinbase CEO Brian Armstrong had to say at Bloomberg’s recent Players Technology Summit, which was where the industry leader explained that the crypto market is going through a series of bubbles and corrections, and will continue to, at least for a while anyway.

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Wednesday, September 19, 2018