No qualitative changes in the ecosystem of bitcoin, the cryptocurrency will be very difficult to reach and overcome the threshold of $20 000. In an interview with CNBC said Danny masters, CEO CoinShares supplying research products in the field of cryptocurrency.
He noted that investors are waiting for bitcoin to clarity and transparency, and a more deliberate strategy in relation to ICO.
“It is important that structural solutions for storage continued to appear and be available. We need the indices, we need tools for performance evaluation that would allow us to understand what we’re talking about, and to quantify the performance,” said masters.
So far, he says, bitcoin “is in the very early stages”.
“The financial system includes a derivatives, indices, valuation models, etc., but we weren’t even close. Therefore, bitcoin is not possible to attract big players,” concluded masters.
Recall that in late April, the head of the cryptocurrency hedge Fund Pantera Capital Dan Morad said that bitcoin has not yet reached their fair price, and the capitalization of the crypto market could easily reach $40 trillion.