Ethereum Believer Patiently Waits For the Looming Crypto “Nuclear Winter”

Arthur Hayes (BitMEX’s CEO) while discussing with Yahoo Finance U.K. linked the stormy conditions of 2018 to the nuclear bear market that happened in 2014/2015.

Hayes’ inflammatory comment, which was disapproved by many was supported recently in comments made by the BitMEX’s CEO.

Jim Breyer, who is an early supporter of Circle, Facebook, VeChain (VET), and Ethereum (ETH) among others, claims that: “We are close to a nuclear winter right now with cryptocurrency.”

Breyer explaining why he feels the historical events are applicable and relevant, noted that in the technology realm, such cycles cannot be avoided, indicating clearly that the rise of blockchain to prominence may face the same pattern of “boom and bust.”


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