Vitalik openly admits he doesn't trust his creation

[spartak_t]

As far as I remember (though I'm not 100% sure), Vitalik was demanding to be paid in Bitcoin only. Some 3.5 - 4 years ago he created Ethereum and again wanted to be paid with BTC. After a while he sold 25% of his tokens in order to diversify (I never said it was a bad decision, it was his right to do so), and now he's openly admitting that he never fully trusted digital currencies. You don't need to be Einstein to think that the future of digital currencies is uncertain, right? Have you seen some car manufacturer to say that "you may die in one of our cars"? No. They will only tell you to drive safely (pretty much like the advise most of the people are giving here - don't invest more than you can afford to lose).

People said it long time ago: Don't bite the hand that feeds you. Because if it weren't digital currencies, then Vitalik would be probably only a high paid employee in some good company and not in Fortune's 40 under 40 list.

If you don't see the hypocrisy in his statement, then I don't know what else to say.     

[BitcoinerXX]

Vitalik is just saying he has not had "100%" certainty in Crypto which is natural because it's an experimental technology. It is maturing very well with time though and everything seems to be on track. Vitalik is trying to get rid of the weak hands before Metropolis lol jk jk. Easy to hold ETH, if ETH collapses nearly all Crypto will, hold on to the big dog. Crypto is not crashing anytime soon though the Wall Street dudes are just starting to get interested. 

Nobody is 100% sure about crypto, yet the way Vitalik express his opinions is not consistent with the philosophy of blockchain technologies. Dude, we're talking about the creator of the second best coin, ethereum.

This scammer crook Vitalik fail in every aspects, why these millionaire and billionaire still licking his ass is beyond a decent person state of mind. Perhaps their money come too easy just like this crook scammer vatalik to know what is real anymore.

agreed. how can anyone trust a guy who does not believe in his own creation? smh...

[webcam_models hiring]

the hypocrisy in his statement

No, there is no hypocrisy.
If someone see the chart on exchange market and not will to buy some position, is about that such item is not to buy.
And if someone have the perfect idea about fair price of BTC and will buy not it, there is Your problem to understand it.

[kappawarrior]

He is not wrong in saying that crypto as a whole does not have a 100% chance to succeed. If Bitcoin fails, then most of crypto will crash with it at this point. He is just saying that diversifying would not mean pouring in crypto. This is smart logic, not shady.

[HardFireMiner]

I am wondering, all this ETH shills are payed by someone or they really have problems with basic cognitive tasks?

[Herbert2020]

He is not wrong in saying that crypto as a whole does not have a 100% chance to succeed. If Bitcoin fails, then most of crypto will crash with it at this point. He is just saying that diversifying would not mean pouring in crypto. This is smart logic, not shady.

he is not wrong, it is a good idea to diversify and we are all doing it.
but as the head developer of a supposedly big project which you claim to be revolutionary and want to convince people it is good, you should be careful about what comes out of your mouth. for example in this case he is clearly saying i don't even have faith in my own creation.

[Faiyz]

I am wondering, all this ETH shills are payed by someone or they really have problems with basic cognitive tasks?

Ya and now im having doubts. Eth is now successful with its own blockchain but i guess he could see beyond his creations. I mean dont we all agre that btc is the center of it all but with the creator of eth just saying that then i think there is a lot more to it. Maybe he already foresee flaws and mistakes either in btc or in eth. Because as one of the bigmen of crypto his words then could become laws and i think that is bad for low investors like us?. Im really doubts of my own.

[plexasm]

The Ethereum blockchain is growing at 1 gb per day

If you need to hear anything else, please educate yourself

[cychan2]

Just try to take an investment 101 course. Ask what an investment pro's advice on how an successful Entrepreneur should handle his newly created wealth. Look at the world using different perspectives. Cryto is not the only thing.

[tiggytomb]

He's not wrong really, if you can diversify it makes sense so you don't have all your eggs in one basket.  I would be surprised if he doesn't have bitcoin but I am surprised that he has as little confidence in crypto as he does.

[Adelajda]

That's probably the reason why they dumped the BTCs right after the ETH crowdsale, when Bitcoin was very cheap.

Really?  From what I remember they waited a bit to do that, and lost a shitload when bitcoin tanked down to $150, maybe it's that fake new or something...

I do not remember a time when the price of bitcoin went down to $150 after crossing those valuation,in which exchange you saw these rates,i am pretty sure it was above $200 as i was waiting for the market to move below $200 and never saw that happened.What ever Vitalik thinks he just made a ton of money with his creation.

[Minecache]

As far as I remember (though I'm not 100% sure), Vitalik was demanding to be paid in Bitcoin only. Some 3.5 - 4 years ago he created Ethereum and again wanted to be paid with BTC. After a while he sold 25% of his tokens in order to diversify (I never said it was a bad decision, it was his right to do so), and now he's openly admitting that he never fully trusted digital currencies. You don't need to be Einstein to think that the future of digital currencies is uncertain, right? Have you seen some car manufacturer to say that "you may die in one of our cars"? No. They will only tell you to drive safely (pretty much like the advise most of the people are giving here - don't invest more than you can afford to lose).

People said it long time ago: Don't bite the hand that feeds you. Because if it weren't digital currencies, then Vitalik would be probably only a high paid employee in some good company and not in Fortune's 40 under 40 list.

If you don't see the hypocrisy in his statement, then I don't know what else to say.     

You're a grade A moron who spreads nothing but lies and FUD who always provides zero evidence or links to your outrageous claims of others. No wonder you still live at your mothers. You're a bit Norman Bates, ain't you?

[PaulEngelbertink]

OMG, het is being sarcastic ..... totally out of context..

[mining1]

@Dollface competes with chris derose and tone vays for the biggest ethereum hater crown. Not having 100% confidence is only natural for any sane person, especially when you work in a (still) niche field that's still in development. How about this tweet dollface, do you agree with it ?

https://twitter.com/VitalikButerin/status/870711337592078336

Or better, do you have 100% confidence that your wannabe crypto project will be succesful ? Of wait, it already failed to launch. But you kept goin, why ?

Do you have 100% confidence that your girlfriend won't cheat on you ? Do you have 100% confidence that your bank doesn't go bankrupt and lose your savings ? Do you have 100% confidence in your neighbours ? And it can go on forever. Point is, you can't.

[spartak_t]

@Dollface competes with chris derose and tone vays for the biggest ethereum hater crown. Not having 100% confidence is only natural for any sane person, especially when you work in a (still) niche field that's still in development. How about this tweet dollface, do you agree with it ?

https://twitter.com/VitalikButerin/status/870711337592078336

Or better, do you have 100% confidence that your wannabe crypto project will be succesful ? Of wait, it already failed to launch. But you kept goin, why ?

Do you have 100% confidence that your girlfriend won't cheat on you ? Do you have 100% confidence that your bank doesn't go bankrupt and lose your savings ? Do you have 100% confidence in your neighbours ? And it can go on forever. Point is, you can't.

Here's what I got for you: https://twitter.com/bulgar1an/status/878221795588947968

[Aquazi]

The cryptocurrency world, in this moment, is a mass of overpriced currencies and technologies with limited or no utility.

How's Vitalik any wrong?

There isn't a single coin producing real use, or being widely adopted (I can count on my hands the number of online shops accepting something like Bitcoin that's 8 years old and has proven very stable).

We all know that, 99% of the ICOs, Coins, Tokens we are buying/mining are worth absolutely nothing.

A big crash will come and few remaining ledger blockchain technologies may become the next thing.

But we're still very far from that. Yet, crypto's (virtual, try to dump all of your coins..) price is much much higher than the utility/use it provides.

[dennyd999]

That's right, folks. This is the difference between people like Charlie Lee, who left their job

Yes Spartak keep buying China shitcoins with no real usage. LTC is just copyclone of Bitcoin. There are no own work of Charlie Lee. Alll doing Bitcoin Core and he just copy that while Bitcoin is opensource. Thats why he was even able to do other work like Coinbase engeenereing before.

And thats why there is only 3 developers ATM in LTC team  


Also thats why he is asking to promote and advertise LTC to merchants on his reddit


Hey WTF Charlie its your job to promote and advertise..Why you ask other people to do your job?

Starting from Bitcoin Core developers to make some code for LTC and finishing to invetors to LTC when you start to ask them for advertising LTC to merchants.

JUST DO YOUR JOB CHARLIE. HIRE MOR PEOPLE.ENOUGH PARASITISING ON OTHERS

I invested my money and you need to work for that. Not I need to advertise your product, because you got my money allready fat,lazy bustard.



Look Vitalik hyping ETH as crazy he is traveling from conferention to converention almost daily,weekly. He allready got ETH Alliance, meet presidents and CEO of corporation..


Where is Charlie Lee? Right!! asking people on Reddit to promote LTC to merchants and drawing stupid mems like Chikun.....Stop parasites! Stop LTC!

[Red-Apple]

That's right, folks. This is the difference between people like Charlie Lee, who left their job

Yes Spartak keep buying China shitcoins with no real usage. LTC is just copyclone of Bitcoin. There are no own work of Charlie Lee. Alll doing Bitcoin Core and he just copy that while Bitcoin is opensource. Thats why he was even able to do other work like Coinbase engeenereing before.

at least LTC and BTC have never failed to this day, and even if bitcoin fees are high it is still functioning under all kinds of attacks from all sides.

come back after a while when we have forgotten about how ethereum easily failed 2 days ago.

p.s. it is funny how you ethereum advertisers, like mining1 for example have never helped anyone asking anything about ethereum or needing help in this board!. you always answer to anything price related!
as someone who pretends to support an altcoin and know a lot about it, at least have the decency to help those who have some trouble. you can find at least 3 topics in this board currently needing help.
unless you are only paid if you advertise ethereum...

[dennyd999]

That's right, folks. This is the difference between people like Charlie Lee, who left their job

Yes Spartak keep buying China shitcoins with no real usage. LTC is just copyclone of Bitcoin. There are no own work of Charlie Lee. Alll doing Bitcoin Core and he just copy that while Bitcoin is opensource. Thats why he was even able to do other work like Coinbase engeenereing before.

come back after a while when we have forgotten about how ethereum easily failed 2 days ago.

LTC owners just dreaming about so many transactionand about real usage, about own talanted and succesful team as ETH have.

LTC is nothing compare to ETH its a chikun. Another funny shitcoin as Dogecoin and others.

[dennyd999]

That's right, folks. This is the difference between people like Charlie Lee, who left their job

Yes Spartak keep buying China shitcoins with no real usage. LTC is just copyclone of Bitcoin. There are no own work of Charlie Lee. Alll doing Bitcoin Core and he just copy that while Bitcoin is opensource. Thats why he was even able to do other work like Coinbase engeenereing before.

at least LTC and BTC have never failed to this day

LTC is not BTC is a chinesse copycode.



BTC have a big scalability problem ATM as everyone now and sometimes its fail very hard with unconfirmed transactions.