Bitcoin Watch – Australia entrepreneur and ANX co-founder: Stop obsessing over daily prices

Australia entrepreneur and ANX co-founder Dave Chapman has had a few choice words for cryptocurrency investors over the week: “Stop Obsessing Over Daily Prices”; “No One Can Stop” crypto; and “chill out, Bitcoin Is here to stay”. Speaking in a interview with the South China Morning Post, Mr Chapman discussed the volatility of cryptocurrencies, affirming his belief that the technology is here to stay: “Everyone says crypto is so bad, but there’s no difference between this and any other time when people have gone into something (new). Is it new? Yes. Does it need to mature? Yes. Will it be regulated? Yes.” Mr Chapman has also previously gone on the record setting a target price for Bitcoin of USD100,000 by the end of 2018.

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