Bitcoin Is Extremely Volatile, BC Group’s Chapman Says



May.12 — Dave Chapman, executive director of Hong Kong-based crypto firm BC Group, discusses the prospects for bitcoin. BC Group operates OSL, one of Asia’s biggest digital-asset platforms for professional investors. The largest digital token tumbled over the weekend. The decline took place ahead of a closely watched technical event known as its halving, when the rewards miners receive for processing transactions will be cut in half. Chapman speaks with Rishaad Salamat and Haslinda Amin on “Bloomberg Markets: Asia.”

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7 Thoughts to “Bitcoin Is Extremely Volatile, BC Group’s Chapman Says”

  1. The Perth mint gold linked govt backed crypto currency sounds a more reliable stable bet.
    What happend if quantum computing cracks digital currency code?
    Back to solid gold and silver or paper money?

  2. m w

    Paraphrasing, but a Bloomberg reporter saying "surely bitcoin is just another fiat currency" is just weird

  3. Volatility is the name of the game. Are institutions manipulating the price of bitcoin? Of course they are. But they are also manipulating the stock market on a daily basis.I hardly check the stats when it comes to BTC, Trading can be frustrating most times especially when you are losing, why not try something else, try using an experienced coach who has the expertise and the experience and see your luck turn around,I strongly recommend Benjamin Jackson , He makes me over 7,950 USD weekly with little investment. He has done wonders for me.Send him a message on email: (@BenjaminJacksontv@gmail com ) or Text or call him on Telegram (@BenjaminJackson)

  4. The only reason money isn't volotile is because they keep printing money trying to hold up the illusion that it is actually still worth something

  5. In other news, the sky is blue. Thank you Dave Chapman for the insightful analysis. From now on I will leave it to the guy with the landing strip for a haircut to get my cryptocurrency news from.

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