Half of investors consider alternative cryptocurrency bubble

According to the survey of summit participants on alternative investments in the Caymans (CAIS), the majority of investors believe the cryptocurrency as an asset class no more than a bubble. Recall, the summit was held from 6 to 9 February. The survey results were available online Cointelegraph 25 Feb.

The researchers were able to communicate with hundreds of alternative investors and managers. The study shows that 45 percent of surveyed investors believe digital currency asset class, which is now more reminiscent of a bubble. 20, 19 and 16 per cent of respondents also called bubble, the us stock market, credit market and private sector credit respectively. When asked about the most influential technological shifts, which can seriously affect the market, 45 percent of respondents said the automation and machine learning. While 38 percent believe that the greatest influence in the world will have the technology of the blockchain.

Sofia. Source: Dart Enterprises

Earlier in February, head of research at Bitwise Asset Management and President of the ETF.com Matt Hogan said that while still kryptonyte full of swindlers and those who are trying to “grab a piece”. The market is gradually getting rid of such issues and subjects. In addition, Hogan puts more on scriptactive, rather than on the technology of the blockchain.

In an interview with Bloomberg TV argued a former Goldman Sachs partner and founder of kleptomanka Galaxy Digital Mike Novogratz, they “are not going to inflate the bubble”. And supposedly, therefore, the cost of Bitcoin in the medium term will be 8 thousand dollars. He believes the previous year demonstrated all of us how painful it may be bubbles.

More data look at cryptodata. And don’t forget about rating coins.

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