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Spencer Bogart: It Is a Good Time to Buy Bitcoin
Summary: Spencer Bogart, a partner at Blockchain Capital, said in an interview with Bloomberg Television that he thinks it is a good time to buy bitcoin. Blockchain Capital, a cryptocurrency and Blockchain venture Capital firm, was founded in 2013 and is headquartered in California. Its partner Spencer Bogart said in the interview that since entrepreneurial activity ...
Spencer Bogart, a partner at Blockchain Capital, said in an interview with Bloomberg Television that he thinks it is a good time to buy bitcoin.
Blockchain Capital, a cryptocurrency and Blockchain venture Capital firm, was founded in 2013 and is headquartered in California. Its partner Spencer Bogart said in the interview that since entrepreneurial activity has not slowed down, institutional money should start flowing into the sector, which proves now is a good time to buy bitcoin.
Bogart said: “Bitcoin never left, it has been always been here. So is it back? It definitely is! Are we ready to see new all-time highs, probably not yet. I still feel there are a few more regulatory shoes to drop.”
Based on what Bogart says, we may soon see an acceleration of institutional investors into cryptocurrencies, as the fundamentals are still strong.
Entrepreneurial activity continues even in a relatively complex social environment, and more and more companies are emerging every day with higher-quality crypto projects. He thinks “…bitcoin is the most compelling asset in the world right now.”
According to Bitpush data, Bitcoin is now trading at $3,979, down 0.3% in 24 hours.
Image: pexels.com
Author: Max Li
Tags: assets,Bitcoin,Blockchain,BTC,Cryptocurrency,Institutional Investor,money,Regulators
Link: Spencer Bogart: It Is a Good Time to Buy Bitcoin [Copy]
