Roy Niederhoffer, head of New York hedge fund R.G. Nierderhoffer Capital Management, strongly believe in the future of Bitcoin (BTC). In order to stand his point Roy is ready to accept the digital asset for his house in Manhattan which he has recently made available for sale for $16 million.
The 80% drop in cryptocurrency market (in comparison to the late 2017 and early 2018) does not necessarily show that digital currencies come to their end. This opinion was expressed by the economist and analyst of Yahoo Finance Mohamed A. El-Erian who works for the largest European financial services company.