Charles Hoskinson Lost $2B in 2 Months

CEO of the Hong Kong blockchain company IOHK tries to stay calm
19 March 2018   344

CEO of the Hong Kong blockchain company IOHK Charles Hoskinson, who is co-founder of Ethereum and the creator of Cardano, said that over the past two months he lost $ 2 billion due to the collapse of the crypto-currency market.

Charles Hoskinson Twitter
Charles Hoskinson Twitter

Hoskinson also commented on the general situation on the market, which, in his own words, he does extremely rarely.

He is convinced that inexperienced retail investors panic sell their assets due to the fear of tight state regulation, and big players in the meantime earn huge fortunes.

I rarely comment on price, but I will say this about the market. The price collapse you are seeing across all crypto is coming from fear over a regulatory crackdown, whales taking massive profits, thin markets, and inexperienced retail investors. No one can change or stop this.
 

Charles Hoskinson
CEO, IOHK

Earlier the price of bitcoin updated the monthly minimum and today, on March 18, continued the rapid decline.

Bitcoin Ethereum Crypto Summit comes to Texas

Richardson is hosting a 1-day conference - Bitcoin Ethereum Crypto Summit on May 12 to teach the basics and catch up with the the latest in the cryptoworld
20 April 2018   67

Leading cryptocurrency and blockchain experts are coming to Richardson to participate in Bitcoin Ethereum Crypto Summit 2018. This one day event will take place on May 12 at Noah's Event Center. BECS positions itself as an affordable crypto event providing the quickest way to experience and learn about cryptocurrency live and in person, learn the terminology, the concept, and the hands on information with no experience required, and the public is invited to take part and attend.

Here is the list of some of the topics and sessions that will be covered:

  • Bitcoin and Cryptocurrency 101 – All the basics you need to get started
  • Government Regulation of Cryptocurrencies
  • Meet the Altcoins – Fast-paced review of over 20 of the top alternative cryptocurrencies, including Ripple, Stellar, Stratis, Monero, Dash, and many more
  • Cryptocurrency and Taxes
  • Overview of Cryptocurrency Exchanges such as Coinbase, Poloniex, and more
  • Cold Wallets, Hot Wallets, Paper Wallets, and more – The main types, how to use them, and keep your crypto safe!
  • How To Spend and Accept Bitcoin, Ethereum, and other Cryptocurrencies
  • The Basics of Blockchain and Internet of Money
  • Trading Bots and Trading Software
  • User Experience and the Blockchain
  • Mining 101 – What is it, how does it work, and should you start mining on your own?
  • How To Start Your Own Token or Coin
  • Understanding Coin Price Indexes

Doors open at 8:30 am.