Ethereum co-founder Joseph Lubin has spoken about the recent slump in the cryptocurrency market and it seems he is undeterred by it.

In a recent interview with Bloomberg Television, Lubin said that price collapses have been part-in-parcel of the “blockchain ecosystem since 2009” and as a whole, the market won’t be affected by the slump.

He further backed up his contentment by saying that “growth has been exponential” and has outweighed the price bubbles which will seem like “little pimples on a chart”.

“We’ve seen six big bubbles, each more epic than …