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Quinten Francois: Some people always want lower bitcoin prices

Quinten Francois: Some people always want lower bitcoin prices
Recurring desire for lower bitcoin prices

Quinten Francois commented that some people consistently desire to buy bitcoin at a lower price, regardless of market movements. He observed that when bitcoin is priced at $60,000, they want $40,000, and when it reaches $80,000, they then want $60,000, only to desire $40,000 again if the price falls. Francois described this as a repeated pattern he has seen many times, adding that some people will spend their entire lives waiting for a price at which they would not actually buy.

Francois has previously questioned assumptions about cryptocurrency valuation, saying a coin falling 90 percent from previous highs does not automatically make it undervalued in a recent article. He also noted the potential for blockchain efficiencies in connection with a Chainlink and DTCC demo that could unlock significant assets. These comments add context to his latest observations on bitcoin buyers’ behavior.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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