According to the head of BitMEX, the price of bitcoin by the end of this year may reach $ 50,000

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According to the head of BitMEX, the price of bitcoin by the end of this year may reach $ 50,000. In this case, as forklog.com writes, Arthur Hayes notes that the figure itself is of little interest.

BitMEX head Arthur Hayes said that if the price rises or falls, if Bill Gates calls bitcoin fraud, then it's entirely possible to open a short. He stressed that he did not care. 

"If you think that the price will reach $ 1 million in a few months, buy it, it also does not bother me, because we just provide the possibility of bidding," added Arthur Hayes. 

Also, it was said that the crypto-currency industry is a "retail phenomenon" since the involvement of institutional investors in the sector is rather weak. 

At the same time, the head of BitMEX said that the Asian region provides two-thirds of the trades in the crypto-currency market, and there is no doubt about it, everything is clear. 

By the way, the Bitmex exchange began its work in 2013, and during this time has sufficiently strengthened its positions, becoming one of the leaders of this industry.