99% of Token Price Is Pure Speculation Says VeChain Founder
Speaking at a panel today at BlockShow Asia 2019, VeChain founder Sunny Lu suggested that token value is mostly arbitrary.
The panel was titled "Creating Token Value — Are Monetary Gains Hindering Blockchain Innovation?" and it also included Eddy Travia, co-founder and CEO of Coinsilium; Matthew Roszak, chairman & co-founder at Bloq; Greg Wasserman, co-head of principal investing at Galaxy Digital; and Dr.
Pavel Kravchenko, CEO & co-founder of Distributed Lab. But Lu’s commentary broke through:
Continue Reading on Coin Telegraph
Disclaimer:Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
Bitcoin: Pure Speculation or True Investment?
All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes.
Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website.
Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.