to discuss, we caught up with the coinlist ceo andy bromberg. t is where investors discover high-quality projects. prior to coin list andy was ceo , of sidewire. our bloomberg executive editor and host of what you miss joe weisenthal is joining us. >> we are really seeing two things happen here. the first is a bifurcation between the high-quality projects and the low-quality last year, investors were not ones. yet sophisticated. they were figuring out the market. anyone could raise. now we're seeing the high quality ones being able to raise large amounts of money. the low quality once not as much. the second is just increasing interest from investors all across the world whether you're at the eiffel tower or the pyramid of giza or golden gate bridge. you see them talking about ico's all the time. that increases interest. it will drive the industry forward in the next couple months. emily: so i will put a similar question to you. isn't the start of the boom or the beginning of a bust? joe: i don't know the answer to that. i do wish i did know the

we are joined by the coinlist ceo andy bromberg. prior to this, andy was c.e.o. of sidewire.o, joe weisenthal is joining us. >> we're seeing two things happen here. last year investors were not yet sophisticated. they were figuring out the market. ow anyone can raise. emily: a similar question to you. is this the start of the boom or beginning of a bust? >> i don't know the answer. i wish i did know the answer to hat but i do find it to be pretty striking the way in which we see this relentless decline. obviously, you mentioned bitcoin, but pretty much all of them all at the same time, despite the fact that we get a pretty steady drip of news coming out about infrastructure being built out, institutional interests being developed, partnerships between startups in the area and legacy companies doing trading. so much of the hype in the second half of 2017 with about this wall of institutional money that was supposed to come into the space. we see a lot of the building blocks for that continuing to happen, but it's obvious that has not translated into price increases the last i

we are joined by the coinlist ceo andy bromberg. prior to this, andy was c.e.o. of sidewire.l is joining us. ♪ >> we're seeing two things happen here. the first is a bifurcation between low quality and high quality projects. last year, investors were not yet sophisticated. they were figuring out the market. anyone could raise. now we're seeing the high quality ones raise large amounts of money. the low quality once not as much. this raises interest from investors all across the world whether you're at the eiffel tower or golden gate bridge. you see them talking about ico's all the time. that increases interest. it will drive the industry forward in the next couple months. emily: a similar question to you. is this the start of the boom or beginning of a bust? joe: i do not know the answer. i wish i did know the answer to that but i do find it to be pretty striking the way in which we see this relentless decline. obviously, you mentioned bitcoin, but pretty much all of them, all at the same time, despite the fact that we get a pretty steady drip of news coming out about infrast