Vitalik is not saying anything that we have not heard hundreds of times before and that any smart investor should know. Cryptocurrencies are a new and vulnerable technology and are very much speculative. Even in the best case scenario, many many crypto's will fail and fall to near zero. Worst case scenario they almost all will.
He is simply managing expectations and ensuring people do not enter the market with the wrong idea, we do not want these type of investors who think that failure or loss isn't a possibility.
Topic: Vitalik Buterin Statment Regarding Cryptocurrencies - page 2. (Read 164 times)
the only reason he passed this statement because many people started investing their life-saving in cryptocurrency and he want to restrict such people to invest in crypto coins where price is very fluctuating and no one can predict where price will go and how people will act on it.
I agree, that's must be the idea behind his words. I remember that also in the past Vitalik has been kinda "hard" talking about the cryptos, but I don't know if it's because he actually cares about people potentially losing money or if he prefers to have less "useless" people in this world, people who got in only to make some money, without caring about the real benefits of the system. 
Vitalik Buterin - Cryptocurrencies could drop to near-zero at any time
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If you people have any thought please do share and contribute.
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If you people have any thought please do share and contribute.
There are already at least 2 threads on this subject - here and here - so I expect that the only "contribution" will be spam.
You guys should really search a little before posting...
Well, I still think that Vitalik Buterin is not just a developer, she's also a very smart person who can count, I think he's not just talking about it, maybe he knows something that we do not. Therefore, maybe it's time to be on watch.
Only 20% of his share has been sold during that rate (8$-30$)
If you will look at his current holdings, Still, Billion $ holding dude.
That's why he hates any ICO that uses him as a shield to shady project instead of bringing real solution to the existing problem in the conventional system - that is what cryptocurrency is all about.
But for myself, I go 90% of all my holding in crypto.
PS: I am 1000% Up from my investment, so no worries in this bearish market currently.
If you will look at his current holdings, Still, Billion $ holding dude.
That's why he hates any ICO that uses him as a shield to shady project instead of bringing real solution to the existing problem in the conventional system - that is what cryptocurrency is all about.
But for myself, I go 90% of all my holding in crypto.
PS: I am 1000% Up from my investment, so no worries in this bearish market currently.
Vitalik Buterin - Cryptocurrencies could drop to near-zero at any time
Ripple - Working with Banks to become Part of Transaction, If we follow Buterin Statement then What is the use of RIPPLE In BANKS and Banks will OPT this
I don't think we need to take Vitalik Buterin statement seriously and the reason is HE is DEVELOPER and NO ONE Can control or predict anything about Cryptocurrencies.
Vitalik Buterin have sold some of his share with Eth Price is 8$, he never imagined that price will even go above 500$ but this happened and now the only reason he passed this statement because many people started investing their life-saving in cryptocurrency and he want to restrict such people to invest in crypto coins where price is very fluctuating and no one can predict where price will go and how people will act on it.
If you people have any thought please do share and contribute.
Ripple - Working with Banks to become Part of Transaction, If we follow Buterin Statement then What is the use of RIPPLE In BANKS and Banks will OPT this
I don't think we need to take Vitalik Buterin statement seriously and the reason is HE is DEVELOPER and NO ONE Can control or predict anything about Cryptocurrencies.
Vitalik Buterin have sold some of his share with Eth Price is 8$, he never imagined that price will even go above 500$ but this happened and now the only reason he passed this statement because many people started investing their life-saving in cryptocurrency and he want to restrict such people to invest in crypto coins where price is very fluctuating and no one can predict where price will go and how people will act on it.
If you people have any thought please do share and contribute.
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