Today, featured in Blockonomi’s article entitled “Why the Bitcoin Bear Market may not be Over Just Yet“, against the negative perspectives of Bitcoin by Stephen Innes – head of Asia Pacific trading at Oanda; and Bobby Lee – who co-founded the Hong Kong-based bitcoin exchange BTCC; Herbert Sim – chief commercial officer of the cryptocurrency exchange Cryptology – says he doesn’t believe crypto is disappearing anytime soon, and is beginning to garner the notice of government bodies as a valid part of the financial system:
“Institutions and governments alike are beginning to accept that cryptocurrencies are likely to become an integral part of the financial system. Regardless of price moves, it’s clear that the cryptocurrency community is here to stay, with institutions offering new modes of trading such as options, futures and trading on margins.”