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One of the most ambitious events in the world of cryptocurrency and blockchain technology the Blockchain Cruise Mediterranean 2018 gathered more than a thousand blockchain enthusiasts, cryptocurrency traders, developers from 58 countries of the world, as well as top speakers.
Today wepresent to you an exclusive vision of the cryptocurrency guru and CEO of Bitcoin.
Com Roger Ver on what can influence the exchange rate of crypto and theimportance of trust in coins.
I don't think, there is enough trust in cryptocurrencies around the world yet because not everybody's using them but oncepeople understand the underlying mathematical reasons why cryptocurrencies are more useful than government-issued currencies, more andmore people will start trusting cryptocurrencies and start using them in their lives but there's still a lot more educational work to be done.
The thingsthat can affect the value of cryptocurrencies are there's a lot more ofthem than with normal fiat currencies because the market caps are so small oncryptocurrencies, so very small news can have a big impact on the price whereasfor traditional government-issued currencies it takes really really bignews to have an impact on the price so that will change as the market caps getbigger for cryptocurrencies but today just very small news can have a very bigimpact on the price of cryptocurrencies How do you think what can influence theexchange rate of crypto? Share your opinion in the comments section below.
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I'm Sophia Dunn.