Bitcoin Global News (BGN)
June 20, 2018 -- ADVFN Crypto NewsWire -- Brian Armstrong
Tweeted out a message he shared internally with his employees about
the Bitcoin Bubble yesterday. Beginning with one tweet, which included a
picture (see image), he breaks down why there’s nothing to be
worried about in subsequent comments.
It’s interesting to not which of the 9
message received the most engagement. Expectedly, the first tweet
that started the chain was the most with 114 replies, 1,205
retweets and 2,792 likes.
“2/ Hey team, many of you are new,
so I wanted to share a bit about the price of crypto.”
“3/ The crypto industry is like no
other I've seen - lots of up and down cycles (reaching a new
plateau each time). There have been 3 or 4 of these now. It can be
scary the first time you see it, but to us who have been in the
industry for many years, it feels like old news.”
“4/ When there is hype, people are
irrationally exuberant. When there is despair, people are
irrationally pessimistic. Neither is true. Reality is always
somewhere in the middle, more correlated with real usage
(transactions per day) than the price.” This important distinction
brings data to back up his position on transaction frequency,
rather than just sharing an opinion on market sentiment - 6 replies
86 retweets 441 likes
“5/ After many years of this, I've
come to enjoy the down cycles in crypto prices more. It gets rid of
the people who are in it for the wrong reasons, and it gives us an
opportunity to keep making progress while everyone else gets
distracted.” This comment was the most engaged, and is the most
widely spread optimistic outlook to interpret “crashes” as a means
to clean house. - 20 replies 164 retweets 872 likes
“6/ We use the down cycles to build
a strong foundation so we can thrive in the next growth
cycle.”
“7/ I want to encourage you all to
ignore the price of crypto and the headlines which will inevitably
start to come up. Our job is to rise above that, finding our own
intrinsic source of motivation, to come in and do our best work,
regardless of what other people think.”
“8/ We'll win in the long term by
listening to our customers, and building what they want, just like
any great company.”
“9/ You'll hear me continue
repeating this message periodically. I want to teach the org how to
think about it, and have you share the these same ideas with
candidates who are thinking about joining.”
“10/ Together we can stay focused
on the long term, and shift the world toward an open financial
system. Cheers!” The conclusion to his message was the 3rd most
engaged, as it sums up the greater goal of the industry - 46
replies 62 retweets 620 likes
By: BGN Editorial Staff
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