Reddit founder says crypto's rough year necessary - shifted focus from making 'quick buck' to building what will make it 'tremendously valuable' later...

Reddit co-founder Alexis Ohanian says cryptocurrency's rough 2018 was needed to shift focus from making a quick buck, to building the infrastructure that will lead to it's long term success.

Back in May of this year Alexis predicted $20,000 Bitcoin and $1500 Ethereum by year's end. 

Video Courtesy of CNBC.