Video: Two Bubbles? ShapeShift CEO Talks Crypto Market Prices

ShapeShift​ CEO Erik Voorhees sits down for a Q&A with CoinDesk on the state of the crypto markets and what's in store for 2018.

Jan 3, 2018 at 3:00 a.m. UTC
Updated Sep 13, 2021 at 7:20 a.m. UTC

This article is an entry in CoinDesk's Most Influential in Blockchain 2017 series.


Are cryptocurrencies in a bubble?

According to Erik Voorhees, we might be in two. In a video interview from his company's headquarters, the ShapeShift CEO sits down for a Q&A session to talk crypto asset valuations, lesson learned from the emerging market and the mistakes he's made as a crypto investor.

Notably, Voorhees believes potential buyers should consider bitcoin and alternative cryptocurrencies as separate markets, ones that won't necessarily rise and fall together. Both may be overvalued, but both have their long-term potential as well.

Read our full profile or hear Erik in his own words below:

Video by Ali Powell at 40 Thieves Films

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.