RATE Group | Why the Dive in the Cryptocurrency Market Is Actually A Good Thing
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Why the Dive in the Cryptocurrency Market Is Actually A Good Thing

02 Oct Why the Dive in the Cryptocurrency Market Is Actually A Good Thing

Posted at 08:36h in Cryptocurrency News by

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TheGrill 2018

Photo by Randy Shropshire

When 2018 began, the Bitcoin bubble had yet to burst. The cryptocurrency leader’s value was riding high in December, peaking at almost $19,000 before that market took a swift downturn.

But for those knee-deep in the cryptocurrency and blockchain world, that downturn may have been a much-needed market correction.

“I’m thrilled that market has taken a little bit of a dive, because it gets rid of a lot of the fat,” Lauren Selig, a film producer and co-founder of Shake and Bake Productions, said during a panel on cryptocurrency and blockchain technology on Monday.

Also Read: At TheGrill 2018: How Do You Bring Casting into the Digital Age?

The panel, which focused in part on blockchain technology in the entertainment industry, took place at TheWrap’s TheGrill conference at SLS Hotel, a Luxury Collection Hotel, Beverly Hills.

“I guarantee you most of the people that were trying to set up…

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