Vitalik Buterin said Cryptocurrencies ‘could drop to near-zero at any time

[Kulafu]

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.

[mashino12]

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

[Troysen]

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.

[Gifolote]

he warns that at any moment the crypto can fall to zero. But this is already known without him

[Lerikaweb]

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.

[tornikejr]

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.

[Tiklohor]

There is always a risk, you can wake up tomorrow and all coins will depreciate.

[Minecache]

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.

[Kulafu]

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.   

[Prodigan786]

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.

[bucksman5233]

There is always a risk, you can wake up tomorrow and all coins will depreciate.

Depreciating is different from going to zero at any time. But in the cryptocurrencies this is only possible when a team of a coin suddenly run away with all the user's money. If the team is not active then it's value will depreciate slowly.

[Space32]

This is said not only by Buterin, but also by many other skeptics and analysts.
Think about it, is it worth keeping everything in a crypto? Ask those who hold bitcoins since December 2017 or just bought them in December. Lot of people but it with credits...
You need to understand that there are several strategies here including to hold for a long time or to receive a small profit and fix it by selling crypto. Then buy again. Repeat.
Also you can say about any currency in the world that it can go down and bankrupt.
Think with your head and take consequences of risks that may happen to you.

[zorgo]

Hope we will see next bottom soon) Krypto don't need weak hands, for now, at least. So if prices will drop to about zero value, I will buy a lot of coins)

[Vik_the_Carpentner]

Hope we will see next bottom soon) Krypto don't need weak hands, for now, at least. So if prices will drop to about zero value, I will buy a lot of coins)

Feel you, I think same way. When the prices are falling I'm buying lot of coins. And the newbies start panic selling all their coins. 

[ðºÞæ]

Hope we will see next bottom soon) Krypto don't need weak hands, for now, at least. So if prices will drop to about zero value, I will buy a lot of coins)

You know you cant buy at zero value, not even all the coins in the world.

[JohnMacZeppelin]

Maybe this guy knows what he's saying, of course today there is crypto currency and it is very popular, but on the other hand, it may not be necessary to anyone, especially after it is banned everywhere, so you have to be on check after such statements.

[YajairaSN]

Let's be frank, such interviews can justify the whole market of altcoins behind the ethereum. Let's be smart and understand what is being done for what. Vitalik is a talented developer, he is hardly good at economy.

[zorgo]

Hope we will see next bottom soon) Krypto don't need weak hands, for now, at least. So if prices will drop to about zero value, I will buy a lot of coins)

You know you cant buy at zero value, not even all the coins in the world.

About zero =/= zero. About zero = at very low price for me. A small negative number is about zero too, but nobody will mean this saying "about zero".

[Kulafu]

Hope we will see next bottom soon) Krypto don't need weak hands, for now, at least. So if prices will drop to about zero value, I will buy a lot of coins)

If the price drop to nearly zero from a thousands. That coin have no value at all. It is just like dust in the pavement that no one will care.
Anyway you cannot buy a thing with zero value but you can ask it for free.

[Bujonanila]

the crypto-currency market is very unstable. The coin depends on many factors, including political factors. If it is profitable for someone to destroy the crypto currency, then there is a probability of a drop in value to zero. preconditions can serve as hacker attacks and, as a consequence, a drop in trust in crypto-currencies.