Joseph Lubin: ETH Co-Founder Calls Cryptobottom of 2018, Introspects on ConsenSy

[Goodcat49]

Ethereum (ETH) co-founder, Joseph Lubin, calls “the Cryptobottom of 2018.” He said this via a tweet on December 21, 2018. Last week was so fertile for most cryptos since their prices registered a significant surge and majority broke their resistance levels that were set previously.

The bottom of cryptocurrency market is noticeable by extraordinary fear, disbelief and uncertainty, explicitly from crypto & blockchain media and social commentators, that Joseph alludes to as ‘our colleagues in the 4th & crypto-5th estates.’

The founder of the ETH blockchain technology focused software company, ConsenSys, also clearly addressed his companies recently reported layoffs:   

“ConsenSys remains healthy and is engaging in a rebalancing of priorities and activities which started about nine months ago.”   

He noted that ConsenSys progresses investing in projects in its position as a distributed ledger technology (DLT) incubator and venture company and employing for internal projects which “remain essence to our forward looking-business.”   

Joseph raised a complaint about the “momentous of halseny and pre-emptive paranoia” as for conditions journalists & bloggers lack exact data for, real insight into, or knowing of.”   

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/joseph-lubin-eth-co-founder-calls-cryptobottom/