Published on September 17th, 2017 | by bitcoin0
In Spite of Setbacks, Bitcoin Price Still to Climb Over $25,000
He said it in his recent interview with CNBC’s Fast Money program.
Although Bitcoin has suffered from recent negative news from countries like China such as banning of ICOs and planning to shut down the Bitcoin exchanges by the end of the month, Lee thinks there are still advantages to the situation.
According to Lee, there are two factors in the issue – liquidity effect and perspective of the people.
According to him, Chinese exchanges operate with 30 percent of Bitcoin value.
Our society tends to see Bitcoin as a bubble and a fragile currency so everyone should be on the other side of that.