Eth founder says crypto could go to zero anytime

[legenduim]

https://www.google.com/amp/s/www.cnbc.com/amp/2018/02/19/ethereum-creator-vitalik-buterin-warns-about-cryptocurrency-investment.html

It's not a doom and gloom forecast it's just a realization. Just don't go overboard throwing money at things

This is just one of the thoughts of Vitalik Buterin. And he is right when he is talking about the necessity to create organize the currency with stable price and maybe with the understandable predictable strategy of development.

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[matsusomoto]

He is just telling the truth so we need to know that cryptocurrencies are too volatile,it could crash and rise just a matter of hours.He just want to tell most of the people who are investing to cryptocurrencies will all their money could have lose all of their investment which is true because bitcoin is the only reason why our market is still alive,these bankers has planning to destroy our whole community using XRP nad USDT so we need to be vigillant everytime.

[sallydavisy]

May be he is a little exaggerates but overall he is right, and maybe his words will have an impact for some people, who want invest in crypto.

[rickadone]

That is a wake up call from the co founder of ETH, no one should invest his/her saving in cryptocurrencies and again invest only what you can afford to loose because the cryptocurrency market is very volatile and at that it is unpredictable any thing can happen but in at that taking the risk some times pays off.

A real wake up call and I am happy it is coming from someone like him, knowing the impact he has played in the cryptocurrency space. If there is even anything most investors should know is never to go all in or attempt something they cannot afford to lose.

Life generally is full of risks and no one can ascertain what the future holds with the same principle applying to cryptocurrencies. Most people really do not want to play along with the rule of life, but would rather decide to let their greed impulse take over them, which is where the problem starts.

[seek4dream]

I must say the ICOs are getting more and more absurd now.
It really makes no sense for most of the projects to raise above dozens of millions of dollars.
They should go through seed, angel stages before that.

[bitgolden]

https://www.google.com/amp/s/www.cnbc.com/amp/2018/02/19/ethereum-creator-vitalik-buterin-warns-about-cryptocurrency-investment.html

It's not a doom and gloom forecast it's just a realization. Just don't go overboard throwing money at things

Very realistic with his statements. Obviously, it is becoming obvious the level at which people are beginning to see cryptocurrency as a get rich quick scheme and forgetting the main essence for which most of these coins or tokens should be existing. Most investors usually do not even end up doing a proper investigation on an asset before investing and some may even decide to go all in.

The crypto space is still very risky and like he said, volatile, so, going down to zero for some, is not something that should not be expected.

[sunno330]

Not only Vitalik Buterin, Many investigations says If its value can increase rapidly, then it may decrease rapidly.
Anytime can go low. Don't worry, Crypto means risk, and if nothing gets taken away, then something can not be achieved.

[v3liana]

https://www.google.com/amp/s/www.cnbc.com/amp/2018/02/19/ethereum-creator-vitalik-buterin-warns-about-cryptocurrency-investment.html

It's not a doom and gloom forecast it's just a realization. Just don't go overboard throwing money at things

Many people have become greedy lately. That's why ICO price often don't make sense. I see some ICO projects are seeking only quick profit. I am glad that Mr Butterin said that, it's good call for us.

yes mr butterin got some point that somehow crypto could go worse and have zero value. But despite all things bad news and good news the reasons why i invest on cryptocurrency cause i believe somehow it will be used on the future and cause this the best field for investing my money.

[brainitterem]

The problem of crypto world now, that crypto price depends on news like 90% , and because of this its easy to manipulate billions of crypto and price can go down and up .

[metribitcoin]

This is depend on the fundamental and benefits of that crypto, if that crypto does not have feature and benefits will possible going to be zero because no body buy and interest in it.

[tbterryboy]

https://www.google.com/amp/s/www.cnbc.com/amp/2018/02/19/ethereum-creator-vitalik-buterin-warns-about-cryptocurrency-investment.html

It's not a doom and gloom forecast it's just a realization. Just don't go overboard throwing money at things

Many people have become greedy lately. That's why ICO price often don't make sense. I see some ICO projects are seeking only quick profit. I am glad that Mr Butterin said that, it's good call for us.

Greedy to the point that they risk all their life savings just because they want to make quick bucks and this is the main reason why so many of them panic easily and sell for loss once it starts dropping hard. It is really good he mentioned something like this, and if people are very smart enough, investing what they cannot afford to lose is like playing with the Tiger's tail. Hopefully, people get to listen.

[xenomorphe1]

Don't you think that it is a tactic so he can buy a very big bag at a cheaper price? Why didn't he already sold all his cryptos?

[cheezcarls]

I think it is one reason why that statement alone creates FUD to the newbie and inexperienced investors and traders to think twice about investing in cryptocurrencies. I honestly don't think that it will go to zero anytime because it cannot be stopped.

Not even the banks and government could stop the disruptive technology (even destroying the main core won't help). The blockchain is like a virus that spreads throughout trillions of devices, but it makes sense that he did that for the purpose of not treating it like its life savings for us.

[djscreem01]

I am worried about this. the fluctuations are disturbing in the meantime.
 but I have been following it for about 6 months and can not be said to be very stable for shan. see bitcoin prices. 

[eugenefonts]

Yes its true , any thing could happen to crypto its the most volatile investment at all time. Maybe upon investing at crypto we should check well the white paper, team , community and the potential of the coin. And dont throw all your funds on crypto maybe you should try also stockmarket and own a business too. We should diversify our income and play well, and play safe our money and dont stress too much in crypto. Crypto is dangerous investment but the fastest way to get rich if you play smart.

[Haunebu]

https://www.google.com/amp/s/www.cnbc.com/amp/2018/02/19/ethereum-creator-vitalik-buterin-warns-about-cryptocurrency-investment.html

It's not a doom and gloom forecast it's just a realization. Just don't go overboard throwing money at things

Very realistic with his statements. Obviously, it is becoming obvious the level at which people are beginning to see cryptocurrency as a get rich quick scheme and forgetting the main essence for which most of these coins or tokens should be existing. Most investors usually do not even end up doing a proper investigation on an asset before investing and some may even decide to go all in.

The crypto space is still very risky and like he said, volatile, so, going down to zero for some, is not something that should not be expected.

His discussion is not a new one, nor is it a discovery that emerged during the crypto hystory alone. So, Vitalik haven't told me a thing I don't know.

Exactly my thoughts. This is something I knew about from a long time back and it makes sense due to the extreme volatility of the crypto market. Vitalik just stated the obvious which can happen at any particular point of time which is why everyone need to understand the risks before investing into such a volatile crypto market. Some people tend to invest big amounts without doing proper research into scam coins and end up losing huge amounts of money and blame bitcoin and the crypto market ultimately which is silly.

[residivis]

yes of course because the movement of the currency crypto very volatile and significant, because that is to choose altcoin to be invested must be seen with truth because if we wrong to choose it we could lose a lot of money. and altcoin itself must have a high shareholding by the project so that the prices listed do not drop drastically.

[bamb]

Anything could go to zero sum. In actual fact, fiat has gone to zeri many times n history but the Governmenr keep printing more money and keep creating more debt for you and me and our generations unborn. What ethereum founder is saying should be put in perspective not unneccesarily creating FUD out of it!

[cryptobobo]

I dont see anything wrong about what his statement because it is the truth which we need to accept,the market volatility of cryptocurrencies is very high and it could rise and fall all of a sudden,few hours and it can recover from any market crash,theres nothing to worry about we have been here for a long time and we will survive anything that would happen to bitcoin's price.Im sure that the big players wont allow bitcoin to fall down easily.

[Agaton]

The words zero value in crypto is a bad thing that people worried and many people closely prayed that it will not happen soon. It is only the management can decide and make a direct decision on what being to do, to avoid crypto business will come into zero value. I know many people trust the capability of the management on how to handle any bad things that come in crypto business. And hopefully the negative spectations about crypto value will not truly happen.