Topic: Vitalik Buterin said Cryptocurrencies ‘could drop to near-zero at any time - page 2. (Read 648 times)
February 27, 2018, 12:00:55 PM
I dint know from what prospect he said this sentence . Even the traditional assets followed by speculation , hype and also demand and supply. Same happening in crypto currency being a commodity , equity trader and investor for a year I could justify my points.
February 27, 2018, 11:55:36 AM
The market of crypto currency is arranged on demand, the demand establishes the rules of trade. There is demand = the crypto currency is alive and growing. no demand - prices go down ....
Yes I agree that it works in supply and demand. But don't you know that supply and demand is powered by a chain of words (advertisements or promotions)? Without advertisement or promotions supply and demand will not work. Vitalik words could affect the market in a negative way.
February 27, 2018, 10:56:43 AM
The market of crypto currency is arranged on demand, the demand establishes the rules of trade. There is demand = the crypto currency is alive and growing. no demand - prices go down ....
Yes, these laws of the market have always existed. But now I see no reason for the demand for crypto to fall sharply and become zero. Crypto market begins to develop, so it's too early to talk about his death. I think that Vitalik said this about the abstract future.
February 27, 2018, 05:59:43 AM
There is always a risk, you can wake up tomorrow and all coins will depreciate.
February 27, 2018, 05:45:11 AM
I think he didn't mean that hole Crypto market can drop to zero.
I think he means that to invest in crypto is risky, because there are lots of scam coins and their price really can drop to zero anytime.
I think he means that to invest in crypto is risky, because there are lots of scam coins and their price really can drop to zero anytime.
February 27, 2018, 05:37:30 AM
The whole hype around cryptocurrency is because of high demand. No demand = prices down. Although cryptocurrency is an economical phenomenon it still keeps to its main rules.
February 27, 2018, 05:35:23 AM
he warns that at any moment the crypto can fall to zero. But this is already known without him
February 27, 2018, 01:32:11 AM
Buterin is a very respectable figure in the Cryptocurrency world and his work in ETH is just awesome, but i think we shouldn't let ones personal judgement and opinion stir so much emotions, i mean, people are entitled to their opinions and that is his, doesn't have to cause panic and it will definitely have no direct effect on the crypto market. with the kind of financial pump and investment in cryprocurrencies, i doubt if it will ever get near zero valuation ever.
February 27, 2018, 01:10:42 AM
The market of crypto currency is always a risk, the currency can fall to zero at any time. Almost everyone understands this, so you do not need to invest all your savings
February 27, 2018, 12:58:17 AM
Vitalik Buterin can say anything and it is his opinion because he has already made a lot of money for the rest of his life in his early twenties and he can speculate and predict anything,yes it is possible to go to zero and there is another possibility that it could reach a million dollars,as long as no one can view the future anything is possible.
As long there are investors willing to risk and hoping to earn cryptocurrency will prosper. But what he did could FUD some of the investors.
February 27, 2018, 12:56:14 AM
You are not providing an accurate description. He is warning about the risk of cryptos, but not of all cryptos. We already know that any particular crypto can drop to zero.
Though his statement is true but dropping bomb on what he did risking the cryptocurrency. Many people (investors) believe in him.
Sometimes there are words that need to keep by yourself if the results could be damaging.
February 25, 2018, 05:46:07 PM
According to him traditional asset is the best to store your life time saving.
https://www.cnbc.com/2018/02/19/ethereum-creator-vitalik-buterin-warns-about-cryptocurrency-investment.html
What do you think?
https://www.cnbc.com/2018/02/19/ethereum-creator-vitalik-buterin-warns-about-cryptocurrency-investment.html
What do you think?
You are not providing an accurate description. He is warning about the risk of cryptos, but not of all cryptos. We already know that any particular crypto can drop to zero.
February 25, 2018, 05:38:51 PM
Vitalik Buterin can say anything and it is his opinion because he has already made a lot of money for the rest of his life in his early twenties and he can speculate and predict anything,yes it is possible to go to zero and there is another possibility that it could reach a million dollars,as long as no one can view the future anything is possible.
February 25, 2018, 04:51:21 PM
In my opinion, there are always big risks about the cryptocurrencies. I think all of the cryptocurrencies have really fluctuate prices, and I think this situation is valid for even the strongest coins. The cryptocurrency world can give you great opportunities, but before making investment, you should be careful about the amounts to not be sad against the possibility of encountering a bad situation.
February 25, 2018, 04:32:43 PM
Vitalik has a large investment fund. He invests a lot of money in various projects. This statement is like nonsense. Then all of its investment fund is not engaged in profitable business. I do not think so.
February 25, 2018, 04:01:31 PM
Thats the only truth that most of the people doesnt want to accept,he is just giving a warning to those people that are investing all of their money including the retirement money,which is not cool because if the bitcoin's has failed us all of these people will lose their life,and they can recover from that.Market is too volatile so we need to be careful becaise it could rise and fall all of a sudden.
February 25, 2018, 04:00:39 PM
According to him traditional asset is the best to store your life time saving.
https://www.cnbc.com/2018/02/19/ethereum-creator-vitalik-buterin-warns-about-cryptocurrency-investment.html
What do you think?
Memorize. Don't believe everything they say. If words are not supported by any facts, evidence or official documents, they can be questioned. https://www.cnbc.com/2018/02/19/ethereum-creator-vitalik-buterin-warns-about-cryptocurrency-investment.html
What do you think?
February 25, 2018, 03:54:59 PM
Of course Cryptocurrency can crash anytime.
So never spend all your money into that, never.
Control the risks and you will never loose.
So never spend all your money into that, never.
Control the risks and you will never loose.
February 25, 2018, 03:50:36 PM
There is nothing wrong with his statement because that is the truth that most of the people doesnt know,the market volatility is very high and it could rise and fall all of a sudden that is why i am investing in small businesses because we wont know whem will these cryptocurrencies will collapse we need to be sure that we still have another source of income.
February 25, 2018, 03:49:46 PM
I think that there are a lot of people are involved in BTC, less in ETH and much less in alts. If the market will go down which cryptos will go down first? Of course alts. But I think even if it happens it will be in one-two years, not less.
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