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Author Topic: Eth founder says crypto could go to zero anytime  (Read 715 times)
BlackWidow
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February 23, 2018, 01:29:46 PM
 #61

It's too early for the cryptocurrency market to die, not yet time, I think we have a couple of years , and there already time will show
Don Stefanello
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February 23, 2018, 01:43:15 PM
 #62

He is right tho, crypto is highly fragile, its because everything is connected to bitcoin, and when it falls, alts fall as well, when it rises, alts lose the value, its not a good thing for the market obv, and we need to have something much more stable to have a chance into making a crypto era
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February 23, 2018, 02:24:44 PM
 #63

I do not know what he meant. Perhaps this is a warning that you can not invest in cryptocurrency all in. Or he seems to be reduced of responsibility for the fact that Ethereum can not exceed 900 dollars now a days. But such huge statements from the founder of one of the largest platforms is simply horror. He does not believe in his work? I do not understand.
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February 23, 2018, 02:34:55 PM
 #64

I am afraid that what he said is true because we can see that from the beginning, the price is too volatile and this could make people too afraid and worry about investing their money in crypto. besides that, until now, there are only a few countries that accepting crypto as a new technology and new way to make money and I think this could be each of the government is not yet finish to learn about the crypto. in crypto itself, there are any group or people which makes the price is up and down and I see there is much news that makes the crypto is a bad thing and people should not invest in crypto. but I hope that I am wrong and personally, I still support the crypto because this is a new way for us, for people to have a new way to earn income and earn money.

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February 23, 2018, 02:36:44 PM
 #65

I think that's just him being safe, of course, any crypto could go to zero any time.

Hope this won't be the case though.
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February 23, 2018, 03:03:19 PM
 #66

I think this is unlikely. Market capitalization is too large, not easy to lose all when there are still many investors believe in cryptocurrency.
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February 23, 2018, 03:08:30 PM
 #67

Of course, that's can happen but I don't think a project that's already so big such as bitcoin.eth almost impossible to drop that's far. There will be some dips along the way though
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February 23, 2018, 03:28:22 PM
 #68

yes of course , crypto currency are a very high risk investment , they can lose value at any time , if you are affraid to lose money , traditional assets are the best investment for you
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February 23, 2018, 03:59:18 PM
 #69

I believe this is a great advice coming from cryptocurrency expert and a way of advertising eth at the same time.
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February 23, 2018, 04:05:14 PM
 #70

I think that's not a reason to sell all altcoins and Ethereum!This is just an assumption, the participants themselves regulate prices! Blockchain is not going anywhere!All can ruin the state if they do ban,and so it will continue!
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February 24, 2018, 07:02:52 AM
 #71

Well it all depends on where we park our funds. I primarily like to invest in businesses that are showing promise and have a chance of success. I do not like to just invest in the next hyped up coin or token. Does the business model look good for investors? Does it have a good team whereby I can have confidence in them? Is the product or service disruptive enough or beneficial to the world community at large so it solves a big problem? Are the returns on my investment going to be decent over a medium to long term period of time? These are the things I am looking for so I invest in businesses, more than just the tokens.
Sure, if you do some proper diligence on most of the coins you are holding, you should at least be able to minimize the risk. However, minimizing the risk does not mean the risk is still not there.

The most important thing according to what Vitalik said, is to always have it at the back of our mind that this is still a highly volatile market with a lot still in play which can make anyone who is not careful lose a lot of their funds, most especially those who buy into FOMOs out of greed.

pikebu
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February 24, 2018, 07:09:27 AM
 #72

I think this is unlikely. Market capitalization is too large, not easy to lose all when there are still many investors believe in cryptocurrency.
Yes you are right if you do analysis fundamental of cryptocurrencies based on the capitalization of cryptocurrencies on coinmarketcap.com but however cryptocurrencies are still new in the world, it is not like stocks that be supported by government of the countries, cryptocurrencies are still beta testing in the world, this industry less than 20 years and there are no guarantee will be survive in the future.
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February 24, 2018, 07:25:49 AM
 #73

There are alot of ICOs that evolve around the idea that crypto (altcoins) will be used by the majority of the population. This will never ever happen. The price of some ICOs are so inflated that its scary to watch. I dont mind an altcoin crash at all. It would just pour more money into btc.
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February 24, 2018, 09:31:55 AM
 #74

they are following Maccafe style to dump the market and buy the dip , this trick is no longer effective

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February 26, 2018, 07:45:00 AM
 #75

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.

Crypto momentum has become the top line business in the world and many investors really trust and invest enough capital. So it's impossible for crypto to be worth no. It's just a speculation and prediction about crypto, everyone knows that we are free to share their negative or positive claims about crypto, although crypto is not a legal business and can be canceled at any time if the creator wants to stop operation.
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February 26, 2018, 07:50:17 AM
 #76

Wise words IMO. Never invest more than you are willing to lose. Throwing everything you have into crypto could work out amazingly well for you, but it's not worth exposing yourself to that much risk because should anything catastrophic happen to the market you don't want to find yourself in a position where you cannot recover & can no longer support or provide for yourself or you family.
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May 09, 2018, 01:12:33 AM
 #77

In my opinion all cryptocurrencies has posibility to going to zero anytimes, this is depend on the fundamental and demand of the crypto. But this possibility is just small thing, because in the fact now cryptocurrency keep growing expnonential because this technology given many benefits to the many different industry in the world. Many people can change their life from crypto, so crypto community will be bigger in the future.This is just young technology and will keep in development.

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May 09, 2018, 01:28:38 AM
 #78

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

I do not know about this because it is very difficult to predict the price of altcoin, let alone to zero and that I think is just an excessive prediction on Ethereum but I am sure it will not happen because these past weeks I see Ethereum prices continue to rise and can be good for the future

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May 09, 2018, 01:32:53 AM
 #79

Although the password could be zero at any time, I wouldn't believe it would happen because the cryptocurrency has developed into a business, like a stock exchange. The cryptocurrency is enough to interfere with or benefit the entire international community, so it will not easily become zero.
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May 09, 2018, 01:39:19 AM
 #80

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

Will maybe there's a relevant  about  this statement that dont go overboard to much  of throwing more money at things in this kind of investment,but its depend on the situation now and trends in the market,definetly we already know that crypto is volatile and risk,but if you look up the situation now,market is still on going boom and even all crypto coins turn to green now,because of this  bull run happen,so how could all things ruined now and crypto turn to zero anytime,so therefore i conclude that  this things will imposible to happen now.

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