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Mark Cuban: No Crypto Winter Coming—But Bitcoin at Greater Risk Than Ethereum

The pandemic has prompted a huge boost to crypto prices. Bitcoin is up 526% in the past year, and Ethereum is up 2,000%. But even amid a bull market, the crypto crowd can’t help but wonder: is a dramatic correction coming on the level of the infamous “Crypto Winter” of early 2018?
“I don’t think you’re gonna see it,” Dallas Mavericks owner Mark Cuban declared on stage at the Ethereal Virtual Summit, powered by Decrypt, on Thursday.

His reasoning: the number of people invested in the biggest coins has swelled to a point where the investors would buy back in before prices could get brutally low.
“I saw something that said 2 million people are using DeFi right now,” Cuban said. “That’s a whole lot of money that’s not going through the banking system.” Cuban added that these conversations are happening everywhere, even in the Mavs locker room.
“We were talking about DeFi, and I told these guys, ‘You gotta learn it a little bit.’ I tell them, ‘Look, effectively, if you were to convert to

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Źródło: https://decrypt.co/70034/mark-cuban-crypto-winter-bitcoin-greater-risk-ethereum

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