Topic: Crypto Growth Nears Ceiling, Ethereum Co-Founder Buterin Says (Read 483 times)
It's not as negative as the headline makes it sound. But I think if there was to be a large scale collapse of the traditional economy and crypto got mass adoption... then I think more 1000%+ gains are highly likely.
Quote
The days of explosive growth in the blockchain industry have likely come and gone now the average person is aware of its existence, according to Vitalik Buterin, co-founder of Ethereum.
“The blockchain space is getting to the point where there’s a ceiling in sight,” Buterin said in an interview with Bloomberg at an Ethereum and blockchain conference in Hong Kong. “If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore.”
“The blockchain space is getting to the point where there’s a ceiling in sight,” Buterin said in an interview with Bloomberg at an Ethereum and blockchain conference in Hong Kong. “If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore.”
Source: https://www.bloomberg.com/news/articles/2018-09-08/crypto-growth-nears-ceiling-ethereum-co-founder-buterin-says
Does this mean that future investment in crypto will be unprofitable, and will the bull market no longer exist? What do you think?
You don't know that SiaCashCoin on Mercatox in 1 day can go up 100%, maybe many NEWS can raise the coin price.
PS: IN ONE DAY
September 14, 2018, 07:50:10 AM
I have never believed in the words of experts. They like to run the market. I think encryption will usher in this change. Can change the current lifestyle. Looking forward to the arrival of the Blockchain era.
September 14, 2018, 07:44:52 AM
If we think that investment in crypto is unprofitable it is totally wrong, it is always profitable and will be. The usability is increasing. The development in crypto is also positive . So we can invest in crypto with confidence.
September 13, 2018, 07:59:42 PM
I do not trust the words or Buterin and neither do i reckon with them. I still believe ethereum would rise and still rise beyond $1000. This is cryptocurrency, Buterin is nit the one trading them, so he cannot predict what would happen.
September 13, 2018, 07:12:51 PM
From directly to the conclusion of the year will be genuinely worth holding up for the improvement. I’m going have perseverance and observe what is happening. Expect considering won’t understand anything. In spite of the fact that i accept more news will come. Hoping that will be worth waiting.
September 13, 2018, 07:12:06 PM
Vitalik is an expert on his field of expertise but he is not an expert for the crypto market. He had several questionable
statements earlier this year as well. I take it as one of the opinions and nothing more.
statements earlier this year as well. I take it as one of the opinions and nothing more.
September 13, 2018, 07:11:57 PM
Quote
The days of explosive growth in the blockchain industry have likely come and gone now the average person is aware of its existence, according to Vitalik Buterin, co-founder of Ethereum.
“The blockchain space is getting to the point where there’s a ceiling in sight,” Buterin said in an interview with Bloomberg at an Ethereum and blockchain conference in Hong Kong. “If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore.”
“The blockchain space is getting to the point where there’s a ceiling in sight,” Buterin said in an interview with Bloomberg at an Ethereum and blockchain conference in Hong Kong. “If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore.”
Source: https://www.bloomberg.com/news/articles/2018-09-08/crypto-growth-nears-ceiling-ethereum-co-founder-buterin-says
Does this mean that future investment in crypto will be unprofitable, and will the bull market no longer exist? What do you think?
I don't think so this is an evolving technology and there is always a room for improvement, adoption, and growth, there will always going to be a new project that will be adopted by the community using any cryptocurrency algorithm in the market, there's still a lot of ICO in the market and we are in the bear market.
September 13, 2018, 07:06:18 PM
Things are still holding up for us within the front that we don’t know of. From presently to the conclusion of the year will be truly worth holding up for the development. I’m going have persistence and watch what is happening. Intemperate considering won’t fathom anything. Though i believe more news will come.
September 13, 2018, 06:55:58 PM
Things are still waiting for us in the front that we don’t know of. From now to the end of the year will be really worth waiting for the growth. I’m going have patience and observe what is happening. Excessive thinking won’t solve anything.
September 13, 2018, 06:47:07 PM
It may be depends on what token we're talking about. Blockchain technology is the best technology in this modern world and cryptocurrency is a profitable investment so cryptocurrency will exist and bull market will exist in cryptocurrency.
September 13, 2018, 06:41:19 PM
There will always be profit in cryptocurrency till the world ends because I don't see it crashing in any time till the world itself crash so all those words are just what to say when you have no solution to the problem to what you created yourself, but have it in mind that there are more projects to come or even existing and ready to do what he seems as a no where solution.
September 13, 2018, 06:34:01 PM
Although it depends on what token we're talking about here. Because some coins are more profitable than others and some are existing but not paying huge benefit. And beside this I believe that cryptocurrency will exist and bull market will exist in cryptocurrency.
September 13, 2018, 06:26:49 PM
I never think that the Existence of Crypto and the bull market will no longer end. It will survive and maintain as the new trend of blockchain technology with its own advantages. Blockchain technology used by Crypto because its principle that is decentralized and transparent. It is comfort with the world improvement that the world comes to digital and computer. Crypto will be always worth.
September 13, 2018, 06:18:12 PM
Although we can't make any assumptions perfectly and the negative words are more scarred in our minds. And I think that cryptocurrency will always exist and bull rull also.
September 13, 2018, 05:46:01 PM
I believe the bull is definitely come but not this month. It will come the mid of the next month. I am not sure about this but I have some primary research that why I can tell this.
September 13, 2018, 02:52:16 PM
I think his statment is immature and unrealistic, crypto has a deflationary model that means constant growth and demand overtime resulting in growth in value, so he is false if he said there will not be further growth, i think Vitalik has lost his mind and i think he needs to keep his mouth shut because he often speaks fud and nothing else.
September 13, 2018, 02:49:11 PM
It is very strange to hear about the investment that it will not be profitable. It's just that it will become more difficult to invest against the background of a heap of new projects and constant competition in the world of crypto-currencies
September 13, 2018, 02:40:17 PM
I dont understand the statement at all, I mean I need someone to correct me if I am wrong! If he says that the average person also knows or heard about the crypto currency then isn't it is good thing about it and thus will push the crypto currencies to all new highest? I mean people will be buying it more and more and thus demand will be higher than the supply leading to high cost per coin!! This is what should be the scenario but I dont think Vitalik is talking about it right at all. I am not sure if he have made the right statement or may be im not getting the technical stuff right here!
September 13, 2018, 02:40:11 PM
Quote
The days of explosive growth in the blockchain industry have likely come and gone now the average person is aware of its existence, according to Vitalik Buterin, co-founder of Ethereum.
“The blockchain space is getting to the point where there’s a ceiling in sight,” Buterin said in an interview with Bloomberg at an Ethereum and blockchain conference in Hong Kong. “If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore.”
“The blockchain space is getting to the point where there’s a ceiling in sight,” Buterin said in an interview with Bloomberg at an Ethereum and blockchain conference in Hong Kong. “If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore.”
Source: https://www.bloomberg.com/news/articles/2018-09-08/crypto-growth-nears-ceiling-ethereum-co-founder-buterin-says
Does this mean that future investment in crypto will be unprofitable, and will the bull market no longer exist? What do you think?
September 13, 2018, 02:38:39 PM
Eventually if everything that digital money is, is this thing that moguls continue purchasing and pitching to each other, at that point what have we extremely refined?
September 13, 2018, 02:33:27 PM
The cryptographic money that powers the Ethereum blockchain, has drooped in excess of 85 percent from its January high after a crisp episode of offering in advanced resources throughout the end of the week.
September 13, 2018, 02:27:51 PM
Ethereum prime supporter said that the advancement of the cryptographic money advertise amid its initial six or seven long stretches of presence was extraordinarily ascribed to the endeavors of the blockchain network to accomplish more extensive selection.
September 13, 2018, 11:07:59 AM
He also said ETH is worth $10, he has a big brain and is a great programmer/innovator but that doesn't make him an expert on all things (economy) too 
September 13, 2018, 11:05:25 AM
Buterin is right. He gives truly very good advice. The bull will come someday but may be not this year. So, let’s just see what happens in next!
September 13, 2018, 09:16:09 AM
If crypto growth is near the ceiling then why is there still such massive demand for coins like ETH, BTC, LTC? May be the market has been bearish recently, but that doesn't indicate that we have reached a ceiling where there will be no growth in the coming days. Such big names in the crypto industry fairly do anything to help the market but they are always there when it comes to spreading fear among people.
September 12, 2018, 04:26:24 PM
It will be better to not to pay heed from experts like these because they only see the profit and loss. And as for the bull market, it will come. The bull is predicted to come at the end of this year at least.
September 12, 2018, 03:57:26 PM
Actually this person is fed up of the crypto and so he is spreading bad and biased news regarding the crypto currency. Crypto is in its initial stage and there are many developments yet to happen in this market. Do not pay heed to such type of baseless talks.
September 12, 2018, 03:25:52 PM
Such comment is really baseless and people should not pay heed to all the comments as there are many people who do not like crypto or frustrated withy crypto try to spread bad news about the crypto. Investors should rely on their own analysis.
September 09, 2018, 07:18:56 PM
Quote
The days of explosive growth in the blockchain industry have likely come and gone now the average person is aware of its existence, according to Vitalik Buterin, co-founder of Ethereum.
“The blockchain space is getting to the point where there’s a ceiling in sight,” Buterin said in an interview with Bloomberg at an Ethereum and blockchain conference in Hong Kong. “If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore.”
“The blockchain space is getting to the point where there’s a ceiling in sight,” Buterin said in an interview with Bloomberg at an Ethereum and blockchain conference in Hong Kong. “If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore.”
Source: https://www.bloomberg.com/news/articles/2018-09-08/crypto-growth-nears-ceiling-ethereum-co-founder-buterin-says
Does this mean that future investment in crypto will be unprofitable, and will the bull market no longer exist? What do you think?
Well That's his opinion about the current market situation, though i am disappointed with his statement because it seems he does not believe in what he created any more, I believe everyone other CEO or founder of a coin won't make such a statement, they will still believe in their project. I still think market will still improve.
September 09, 2018, 07:05:24 PM
Quote
The days of explosive growth in the blockchain industry have likely come and gone now the average person is aware of its existence, according to Vitalik Buterin, co-founder of Ethereum.
“The blockchain space is getting to the point where there’s a ceiling in sight,” Buterin said in an interview with Bloomberg at an Ethereum and blockchain conference in Hong Kong. “If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore.”
“The blockchain space is getting to the point where there’s a ceiling in sight,” Buterin said in an interview with Bloomberg at an Ethereum and blockchain conference in Hong Kong. “If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore.”
Source: https://www.bloomberg.com/news/articles/2018-09-08/crypto-growth-nears-ceiling-ethereum-co-founder-buterin-says
Does this mean that future investment in crypto will be unprofitable, and will the bull market no longer exist? What do you think?
September 09, 2018, 07:05:07 PM
Buterin is a genius in his niche, but like most geniuses, that intellect does not transition well into other settings. He's been wrong numerous times regarding fundamentals and market environments. His opinion on this manner is not that much better than yours or mine.
September 09, 2018, 06:52:01 PM
Does this mean that future investment in crypto will be unprofitable, and will the bull market no longer exist?
You should pay no heed to statements made by experts like Vitalik Buterin because most of the times they act for their interest and profit. Crypto will always be profitable and the bull market will still exist so long as people use it for speculative purposes. An average joe might have heard blockchain at least once but the question is if they already own any crypto of some sort? Of course not. Keep in mind that so long as crypto can be developed further, there will be no ceiling in sight since bull run will continue.
September 09, 2018, 06:48:46 PM
Quote
The days of explosive growth in the blockchain industry have likely come and gone now the average person is aware of its existence, according to Vitalik Buterin, co-founder of Ethereum.
“The blockchain space is getting to the point where there’s a ceiling in sight,” Buterin said in an interview with Bloomberg at an Ethereum and blockchain conference in Hong Kong. “If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore.”
“The blockchain space is getting to the point where there’s a ceiling in sight,” Buterin said in an interview with Bloomberg at an Ethereum and blockchain conference in Hong Kong. “If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore.”
Source: https://www.bloomberg.com/news/articles/2018-09-08/crypto-growth-nears-ceiling-ethereum-co-founder-buterin-says
Does this mean that future investment in crypto will be unprofitable, and will the bull market no longer exist? What do you think?
September 09, 2018, 06:19:53 PM
Does this mean that future investment in crypto will be unprofitable, and will the bull market no longer exist? What do you think?
It depends on which crypto we're talking about here because not all crypto are unprofitable forever. Some coins recover and some don't, investing in crypto can be profitable short-mid term if you know how the market moves. People shouldn't take everything seriously, what was said in the article could just be an attempt to mislead people. Saying that there won't be any opportuinty for a 1000 times growth is almost similar to saying history won't repeat itself. Anything can happen with cryptocurrencies it can even grow bigger if there's enough demand.
September 09, 2018, 05:48:12 PM
This guy looks MKUltra to me. Something just seems off with him. Either way I don't trust him anymore than I can throw him. I don't even know if he actually did create this. That's only what I have been told. I believe if we simply go against what these "leaders" say will will profit more. Remember everyone can't be rich. it wont work. No one will do the shit jobs. Do the opposite of the herd. Its the only way.
September 09, 2018, 05:43:46 PM
I think the bull will come, but not this year. I predict it somewhere in the 2019, but of course I am not a financial advisor, nor I have any background in markets like that in general.
September 09, 2018, 09:04:09 AM
I think Vitalik messed up a bit with ETH and now spreads FUD. ETH network can't handle transaction load needed to be usable. Many devs have since made better coins with better tech and those WILL grow. If ETH is to survive it seems others will have to save it, like TNC.
September 09, 2018, 09:03:05 AM
Does this mean that future investment in crypto will be unprofitable, and will the bull market no longer exist?
You should pay no heed to statements made by experts like Vitalik Buterin because most of the times they act for their interest and profit. Crypto will always be profitable and the bull market will still exist so long as people use it for speculative purposes. An average joe might have heard blockchain at least once but the question is if they already own any crypto of some sort? Of course not. Keep in mind that so long as crypto can be developed further, there will be no ceiling in sight since bull run will continue. September 09, 2018, 08:52:23 AM
Quote
The days of explosive growth in the blockchain industry have likely come and gone now the average person is aware of its existence, according to Vitalik Buterin, co-founder of Ethereum.
“The blockchain space is getting to the point where there’s a ceiling in sight,” Buterin said in an interview with Bloomberg at an Ethereum and blockchain conference in Hong Kong. “If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore.”
“The blockchain space is getting to the point where there’s a ceiling in sight,” Buterin said in an interview with Bloomberg at an Ethereum and blockchain conference in Hong Kong. “If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore.”
Source: https://www.bloomberg.com/news/articles/2018-09-08/crypto-growth-nears-ceiling-ethereum-co-founder-buterin-says
Does this mean that future investment in crypto will be unprofitable, and will the bull market no longer exist? What do you think?
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