Vitalik openly admits he doesn't trust his creation

[ekin4]

This is not surprising. Vitalik think crypto currencies are not %100 trusted at this moment. Satoshi thought the same. He said in 20 years either very high transaction volume or none. I don't blame Vitalik for that response. He created something and he's still developing it. But there's a real world outside, besides crypto currencies.

[linkybit]

Vitalik said it right, you can't trust 100% on Eth. I think he is quite good at admitting it openly, so no one can blame him later if things goes other way.

[DieJohnny]

People always said Bitcoin was MySpace and Ethereum is Facebook. I think history will show that Ethereum was MySpace and Bitcoin was TCP/IP.

[European Central Bank]

you know that bitcoin developers too regularly emphasise that it's all an experiment and you shouldn't put all your money in?

whatever anyone's feelings are about ethereum, and mine ain't positive, he's taking a sensible attitude.

[benthach]

People give so much credit for this scammer freak, he act like Bitcoin is nothing and he's the pioneer of this crypto. He always want to fud with bitcoin.

[Warren]

Having doubts in your project along the way is natural every entrepreneur has that. But saying it in public is PR suicide...

I honestly agree with this and much of what the other critical posters are saying above, but I think most of you are missing one big thing here...

Vitalik is still basically still just a kid!

He was like 19 or 20 when he started working full time on Ethereum, and look where it's at now, with a marketcap of like $30 Billion!

Can you just imagine if your own little pet project that you were working on when you were 19 exploded and within a couple of years was valued at 30 billion bucks, and suddenly you were a multi-millionaire.

How well would you handle it, and do you think your PR would always be spot on?

Whether you like Ethereum or not, for most people there is no arguing that Vitalik is a smart kid. Time will tell if him and the other developers are smart enough to make Ethereum overcome their scaling problems, but I both hope and think they will.

[Spoetnik]

@Warren
You are missing the point.

Butters is a kid.

Go to a High school and ask them in the halls if they would launch a coin for millions of dollars in real money..

Then watch how they act.
Kids are stupid, selfish, greedy and will steal.

His age is not a defense.
It's just one more reason why little kids shouldn't be launching worldwide internet currencies.
.. Or related gimmick schemes for profit.

At the end of the day he is a kid who printed himself free money..
With a rigged scammed ICO scheme.

The reality is the scheme itself is gay on every level imaginable.
He had no right rigging it, launching it and then manipulating it...
While playing Federal Reserve.

[PaulEngelbertink]

@Warren
You are missing the point.

Butters is a kid.

Go to a High school and ask them in the halls if they would launch a coin for millions of dollars in real money..

Then watch how they act.
Kids are stupid, selfish, greedy and will steal.

His age is not a defense.
It's just one more reason why little kids shouldn't be launching worldwide internet currencies.
.. Or related gimmick schemes for profit.

At the end of the day he is a kid who printed himself free money..
With a rigged scammed ICO scheme.

The reality is the scheme itself is gay on every level imaginable.
He had no right rigging it, launching it and then manipulating it...
While playing Federal Reserve.

You are against Ripple, against ethereum, I only see negative posts by you on the forum...
What's your issue? If people buyin to his ICO, then they do...

[silvermetal]

You are against Ripple, against ethereum, I only see negative posts by you on the forum...
What's your issue?

That's how Spoetnik gets paid in his life.
You have a special name for it, "paid shill".

[shifty30]

well i guess its very simple..... the market went up way to fast and way to much and thus it will pop and everybody that became millionair in the last 2 months or suddenly has a couple 100k is now coming to a point where they are getting uncomfortable, they wanna convert the money to fiat or gold and actually do something with it.... there is nothing wrong believing in a project but there is also a real world out there and 99% of the people that i know who is in crypto is only out for 1 thing and that is profits, most of the people dont really care about the tech and possibilities, they just wanna get rich.

[arielbit]

@Warren
You are missing the point.

Butters is a kid.

Go to a High school and ask them in the halls if they would launch a coin for millions of dollars in real money..

Then watch how they act.
Kids are stupid, selfish, greedy and will steal.

His age is not a defense.
It's just one more reason why little kids shouldn't be launching worldwide internet currencies.
.. Or related gimmick schemes for profit.

At the end of the day he is a kid who printed himself free money..
With a rigged scammed ICO scheme.

The reality is the scheme itself is gay on every level imaginable.
He had no right rigging it, launching it and then manipulating it...
While playing Federal Reserve.

You are against Ripple, against ethereum, I only see negative posts by you on the forum...
What's your issue? If people buyin to his ICO, then they do...

FUD Philanthropist™

[Spoetnik]

Did you children figure out what ideology means yet?
I hope so.. I bring it up in every comment.

And I post negative comments mostly?

Well you all sum it up regularly when you concede MOST of these "coins" are scammy.
So if most coins are scammed then.. Uhhh?
Comprende?

And Ethereum and Ripple were certified scammy long before you NOOBS got here.
If you don't know why then you haven't been listening.
Let me know how that works out for you.

By the way Ripple & Ethereum are not a currency.
And they have no chance at dethroning Bitcoin.
Which is why I came to the Altcoin section years ago..

Not to support profit schemes that piss all over the Ideally I support.

Care to explain Your version of crypto ideology?
Let me guess it goes something like this..

Fuck Bitcoin / crypto.. I just want money (Fiat)!
My brother said that to me before and you are all just as bad.

You don't belong here.
I look forward to the investards losing their money and wandering off quietly.
Exactly like it happened during the big Doge hype days.

Such FUD.. Many ROI's.. So tears crying.

I Caen haz exchanger profitz coin now?  

[Multatio]

If one suddenly became rich because of market movements, he would try to make sure at least a part of it would be eternal, and not dependant of market movements.

[garet]

I agree that he should stand behind HIS project, but to say that he has to stand behind the entire industry 100% doesn't seem right. There are a number of factors outside of his control, so to say he is wrong for feeling that the industry isn't completely trustworthy/stable is understandable.

[zzert1234]

This is mindless FUD.

He is saying "IF I wanted to do that" implying he stays with Ether and traditional equities.

They are already addressing the network issue. It is on their github.

Ether is falling little more due to the correction from Bitcoin. After Bitcoin corrects back up, so will Ether. As it has been over the last month.

But I guess, all sorts of people here have their own agendas.

[spartak_t]

This is mindless FUD.

He is saying "IF I wanted to do that" implying he stays with Ether and traditional equities.

They are already addressing the network issue. It is on their github.

Ether is falling little more due to the correction from Bitcoin. After Bitcoin corrects back up, so will Ether. As it has been over the last month.

But I guess, all sorts of people here have their own agendas.

Really? And what is YOUR point, Mr. noob? Do your homework, before calling it a FUD. But I guess all sorts of newbies here are trying to leave a trace with their "smart" comments.

[virasog]

This is not surprising. Vitalik think crypto currencies are not %100 trusted at this moment. Satoshi thought the same. He said in 20 years either very high transaction volume or none. I don't blame Vitalik for that response. He created something and he's still developing it. But there's a real world outside, besides crypto currencies.

The points is history when I made the most money off of bitcoin are the periods when I had the highest concerns.  Just because a person has some concerns is not a statement that they are not doing this and that despite those concerns.  Besides, he said it was with the "sector", not sure what he means by this, but obviously the term brings more than the coins and code into play, sectors usually include the people and that is always where my biggest issues lie.

[Qunenin]

The rise from $250 to $600, that period of time was when I was sure to a degree at all times that someone was going to fork into the system and peter piper enough people off to their chain, with deceit, and then they would have a little surprise in the new fork, like a tripwire reward in a future block.

[Sweetbtc]

We survived and we will, I still get concerned at times, but the end result is that if Bitcoin would disappear right now, I have made enough money off of it to never look back.

[jekjekman]

That is why don't hand a child a gun because he will eventually shoot himself or other people's head.

Making your own stuff with a copy cat materials with the original one and not admitting it will make you jealous and will do everything to make it down in everyone's eye.
The best example right now is Vitalik!

He is too young for this kind of pressure that's why he said it and maybe he is just joking -ETH holder

No doubt Satoshi Nakamoto never revealed himself, maybe because of this kind of scenario.