Many smart business people are starting to realize the impact that #Bitcoin and the #Blockchain are going to have on the world and that #Cryptocurrency is here to stay!

bitcoin510 (48)in #bitcoin • 7 years ago (edited)

Shark Tank’s Herjavec Thinks Bitcoin And Blockchain Are ‘Here To Stay’

According to Shark Tank’s Robert Herjavec, Bitcoin is “here to stay” in the long term, cryptocurrency will definitely be regulated, and investors should both get in and get out now, according to an interview with financial news outlet TheStreet.

While Herjavec says that he himself is not an investor in crypto, he predicts that Bitcoin’s price will continue to rise in the short term, even above the January high of 20,000:

“It’ll take out that high, I’m saying it right now.”

He believes that cryptocurrencies should and will be regulated, and that as firm regulation becomes closer to reality, the price of Bitcoin will continue to speculate but then drop way down.

Based on this idea, while maintaining that Bitcoin is around for the long term, Herjavec tells TheStreet that “I don’t know if you want to own Bitcoin right now. I think you want to get in, and you want to get out,” a mentality that is opposed to the traditional crypto geek’s desire to “hodl,” that is hold onto your coins.

Besides Shark Tank, Herjavec is the CEO of the cybersecurity firm the Herjavec Group.

When asked about the security of cryptocurrencies, Herjavic doesn’t think that crypto exchanges themselves are “prone to great security,” referencing the hack of over $500 mln in NEM from the Japanese-based crypto exchange Coincheck last month, but that cryptocurrency transactions are secure.

In answer to a question about the future of Blockchain, Herjavic thinks that Blockchain shows a lot of promise because of its “inherent security of a transaction.” He predicts that 10 years down the line, due to the power of Blockchain:

“I will walk somewhere and a sensor will automatically know it’s me, the sensor will be linked to my bank, it’ll know how much money I have, I’ll pick up something like at the Amazon store, it’ll automatically be scanned, and as I leave, it will automatically be verified and paid for.”

#cryptocarency #blockchain #altcoin #kr

7 years ago in #bitcoin by bitcoin510 (48)

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krguidedog (64) 7 years ago

Woff, woff!

Hello @bitcoin510, We have met 2 times already!

I'm a guide dog living in KR community. I can see that you want to contribute to KR community and communicate with other Korean Steemians. I really appreciate it and I'd be more than happy to help.

KR tag is used mainly by Koreans, but we give warm welcome to anyone who wish to use it. I'm here to give you some advice so that your post can be viewed by many more Koreans. I'm a guide dog after all and that's what I do!

Tips:

If you're not comfortable to write in Korean, I highly recommend you write your post in English rather than using Google Translate.
Unfortunately, Google Translate is terrible at translating English into Korean. You may think you wrote in perfect Korean, but what KR Steemians read is gibberish. Sorry, even Koreans can't understand your post written in Google-Translated Korean.
So, here's what might happen afterward. Your Google-Translated post might be mistaken as a spam so that whales could downvote your post. Yikes! I hope that wouldn't happen to you.
If your post is not relevant to Korea, not even vaguely, but you still use KR tag, Whales could think it as a spam and downvote your post. Double yikes!
If your post is somebody else's work(that is, plagiarism), then you'll definitely get downvotes.
If you keep abusing tags, you may be considered as a spammer. It may result to put you into the blacklist. Oops!

I sincerely hope that you enjoy Steemit without getting downvotes. Because Steemit is a wonderful place. See? Korean Steemians are kind enough to raise a guide dog(that's me) to help you!

Woff, woff! 🐶

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