Eddy Travia, Coinsilium’s CEO. explains to Proactive that the latest volatility in Bitcoin and other crypto prices is just part of a third cycle in the history of digital currencies.
Coinsilium’s financial position is strong, he adds, so it does not really affect the company as it can ride out these price gyrations.
Indeed, it means, if anything, valuations of potential investments become more realistic and offer up more opportunities such as GGs.io, which it announced today.