Reasons why Ethereum will never hit zero according to Vitalik Buterin

[AlexTF.CCN]

Reasons why Ethereum will never hit zero according to Vitalik Buterin: https://cryptocoin.news/news/ethereum-co-founder-explains-why-ether-eth-will-never-hit-zero-20088/

Do you think he's right? or do you think ETH is on its way to 0?

[r1s2g3]

Vitalik himself was a former Bitcoin developer and he will always have some plan to pull out from that situation if it happens.  I do not see that ETH become zero and network having some value or vice versa. But if some better product created in future then both can be zero together.

[masterkiller]

we both do not know how the future will be with the fate of Ethereum. we all can only predict, none is certain, although Vitalik is an expert, I'm sure he himself is currently thinking hard to plan for the future of Ethereum. but I am sure, Ethereum will return to 1000 USD, and I believe that Vitalik is a genius in his field, so there is no reason to worry too much, let alone to think that Ethereum will be 0 USD

[prosokeslo]

The way everything has become right now in the market, it has almost become impossible to predict what might or what might not happen. I think that the trend that ethereum is taking is a pretty bad one, and with what I'm seeing, I might have to agree that if things continue like this, there is a great possibility that the coin will worth about zero at some point.

[Rosyanroid]

This person is obviously exposing the reral thing what is going on in the field of crypto. The price of bitcoin will not reach zero that is proved in the previous year as i can observe. So, there are many reasons behind this position.

[Fetwerivid]

I can not predict this that ethereum is going hold the lowest price and which is zero. As the market value of ethereum is on a satisfying level, it must hold its price and people are also increasing mining bitcoin and this nis a genious thing to say things like that.

[Agaventy]

It may not be possible to happen. As it is cotinuous process of mining and selling ethereum. It will not reach to zero. Bitcoin's price is raising in a very significant way for what the market of ethereum is holding its market value like as before.

[CrazeCoinz]

Ethereum is a good project and with the adoption of smart contract I think this will not hit zero as many projects will be launch under ethereum platform that will makes a good opportunity to grow bigger. Although nothing is impossible considering that we had encounter a series of dumps on ethereum that gives headache to ETH holders I just hope that this is just a minor setbacks and this will return to normal trend sooner.

[paddyfield]

Eh is having a hard time, but I don't think it's going to be zero, and GUSD might help him.

[Rangerman]

The person who has made this statement has been a part of ETH for a long time. He knows how to tamper with it and what are the tricks to make it come back right on tracks. And let this be an assurance for us too that the coin will be alright in the end.

[TheBitcoinBadger10]

We all know that this coin has a demand globally. There will not be such a day that there will not be a single demand for ETH anywhere. Also Vaitalik was associated with ETH before. So he knows all the loop holes of saving this coin, if it ever faces a situation where it will hit zero.

[PureDefender]

This coin has been considered as the next best coin after BTC. Even though the state of the market is not good right now for ETH, we know that it will have a demand in the market somewhere in the world and will be alive.

[Cryptomilz]

Ethereum has a high demand, ICOs launching on the platform need ETH to run their ICOs, traders are trading ETH as well, after BTC, it is the second best coin in the space. Chances to hit ground zero is very low, especially as Vitalik himself is a professional in this space and a miner. He knows how to salvage the situations should it be that threatened.

[goldencrypto7100]

Even if ETH had a chance to hit zero, I don't think Vitalik is going to state that amidst such interest of media. However, I do agree with Vitalik here. There are so many projects and tokens that are either dependant on ETH directly or somehow they are using ethereum's blockchain. So, ETH will have some utility left which will definitely hold the price from going down to zero.

[SoliDCoiNs777]

Though Vitalik is an expert and he might have some plans to pull out from that situation. He is thinking about the future of Ethereum. ETH won’t be zero. Hope, there is nothing to worry about about. ETH will return to 1000 USD someday.

[Dmitry.Vastov]

Reasons why Ethereum will never hit zero according to Vitalik Buterin: https://cryptocoin.news/news/ethereum-co-founder-explains-why-ether-eth-will-never-hit-zero-20088/

Do you think he's right? or do you think ETH is on its way to 0?

There are many reasons that will justify that etherum could not crash ever and the foremost thing in the favour of this is that etherum is very sustainable crypto currency and no doubt it has even made its existence since more than a decade and has helped thousands of people in finding their jobs and stood on the 2nd most popular and successful crypto currency after the bitcoin and those who are saying that etherum would crash because of its low valuation in present times so they should know one thing very clearly that etherum is a volatile crypto currency and thus its valuation is subject to market demand and supply.

[bitkanu]

Vitalik himself was a former Bitcoin developer and he will always have some plan to pull out from that situation if it happens.  I do not see that ETH become zero and network having some value or vice versa. But if some better product created in future then both can be zero together.

Well It's me that lives on a cave for all these past years and Vitalik magically a bitcoin developer, as far as I know he was a journalist that write a lot of thing about cryptocurrency and bitcoin included.
However never once I know he was a former of bitcoin developer. Even he didnt say or never saying about it personally so I guess that's wrong.

[MaiDinhChien]

Yup, I have the same with Vitalik. Ethereum will never hit zero according. It may also develop more thanks to its vast ecosystem, which is growing and its value can only grow for long-term.

[wasiuadejumo]

What Vitalik Buterin said is right and I coat “Don’t put in more money than you can afford to lose. If you’re trying to figure out where to store your life savings, traditional assets are still your safest bet.” cryptocurrency is just like a bet which can be win or loss.

[caisa88]

I agree with Vitalik, it's impossible for Ethereum to hit zero. I also bet that if there wasn't this downtrend, people wouldn't even have even thought about this possibility because it doesn't make sense. How could a strong project, that is used by most of the community for ICO's  and has a current a marketcap of 21.7 Billion Dollars just go to 0 ? It just doesn't make sense.