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Author Topic: Will Ethereum fail if Vitalik dies?  (Read 4003 times)
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September 28, 2018, 06:31:59 PM
 #1

What do you think will happen with Ethereum if Vitalik Buterin's death is confirmed? Will the price crash and the project fail? Or would it continue to grow into infinity and beyond? I'm concerned about this, since previously, there were rumors about Vitalik's death which caused the price of Ethereum to fall drastically within the cryptocurrency market. Fortunately, Vitalik showed proof that he was alive, which calmed the downfall of Ethereum's price.

However, if Vitalik dies, many things could happen either good or bad. Perhaps, Ethereum may fall if Vitalik dies, because he's been leading the project every step of the way. By not having a leader, the Ethereum project will disorientate itself into oblivion, IMO. Nonetheless, what are your thoughts about this? Roll Eyes

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September 28, 2018, 06:58:04 PM
 #2

What do you think will happen with Ethereum if Vitalik Buterin's death is confirmed? Will the price crash and the project fail? Or would it continue to grow into infinity and beyond? I'm concerned about this, since previously, there were rumors about Vitalik's death which caused the price of Ethereum to fall drastically within the cryptocurrency market. Fortunately, Vitalik showed proof that he was alive, which calmed the downfall of Ethereum's price.

However, if Vitalik dies, many things could happen either good or bad. Perhaps, Ethereum may fall if Vitalik dies, because he's been leading the project every step of the way. By not having a leader, the Ethereum project will disorientate itself into oblivion, IMO. Nonetheless, what are your thoughts about this? Roll Eyes

That would be probably super good for Ethereum. But then maybe Vitalik II comes around and will be the same as it is now or even worse.
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September 28, 2018, 07:07:16 PM
 #3

In that scenario i think eth will crash for the moment but then it will bounce back because eth is not a proprietory project its a decentralized company owned by investors and holders, so principally the project will continue even if someone disappears, just see how btc is continuously developed without the real person or brain that was originally behind it.

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September 28, 2018, 08:16:31 PM
 #4

I think that there will be some kind of recession. But still there are sureties who will take the board into their own hands and will not let ETH die. And in general to think of such things in my opinion is silly (I'm sorry)
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September 28, 2018, 08:21:08 PM
 #5

What do you think will happen with Ethereum if Vitalik Buterin's death is confirmed?

This sound like a nice FUD LOL, but for the shake of the argument, I think it would increase in value because the guy will not be able to use what´s stored in his accounts, so the circulating ether will be less. He he

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September 28, 2018, 08:24:37 PM
 #6

Apple didn't fall when Steve Jobs died, it rather just recently became the first company to hit $1 trillion.
A team is a combination of experts geared towards the success of the project.
And Ethereum can survive without it's founder, as BTC is.
The market would surely react, as it would to any major news. But a total collapse won't happen.

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September 28, 2018, 08:27:14 PM
 #7

I think that there are no irreplaceable people - there will be someone else. But it is not good to discuss when - a person is alive, and you bury him.
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September 29, 2018, 06:20:53 AM
 #8

Apple didn't fall when Steve Jobs died, it rather just recently became the first company to hit $1 trillion.

I also think that for the most coins, Ethereum, nothing bad will happen, as Vitali though and keeps the Ethereum project, the company consists of many people who simply will not allow the death of Ethereum.

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September 29, 2018, 06:51:44 AM
 #9

the leader of the Vitalik project team. there are a lot of examples like this.

Henry Martin Ford (1863 - 1947)
Steven Paul Jobs (1955 - 2011)

the most important people of the companies, the founders died. What's happened? if you succeed, you always get important. they are the best companies right now. This kind of speculation should not be made about the value and price of ETH.
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September 29, 2018, 06:55:27 AM
 #10

Vitalik is the face of Ethereum. When the name Ethereum is said, many people think of Vitalik as the main guy. It's like Facebook, we all think of Mark Zuckerburg as the face of facebook. Thus, if something happens to him, the price of Ethereum would definitely tank.

However, Ethereum would not totally die. There is a team behind Ethereum, and the team would probably work harder. There would also be a new "Vitalik", someone who would be representing Ethereum, and people would then treat him as the face of Ethereum.
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September 29, 2018, 06:59:17 AM
Last edit: September 29, 2018, 07:56:56 AM by Coyster
 #11

What do you think will happen with Ethereum if Vitalik Buterin's death is confirmed? Will the price crash and the project fail? Or would it continue to grow into infinity and beyond? I'm concerned about this, since previously, there were rumors about Vitalik's death which caused the price of Ethereum to fall drastically within the cryptocurrency market. Fortunately, Vitalik showed proof that he was alive, which calmed the downfall of Ethereum's price.

However, if Vitalik dies, many things could happen either good or bad. Perhaps, Ethereum may fall if Vitalik dies, because he's been leading the project every step of the way. By not having a leader, the Ethereum project will disorientate itself into oblivion, IMO. Nonetheless, what are your thoughts about this? Roll Eyes
I doubt if his death should have any effect on the price or value of the ETH,most great companies aren't headed by their initial founders,and they are still bossing if today,i don't see why ETH cant do likewise ..
     If his death should have any effect whatsoever,it ought to be a positive one as it'll help to keep the coin more and more decentralized.

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September 29, 2018, 07:02:00 AM
 #12

However, if Vitalik dies, many things could happen either good or bad. Perhaps, Ethereum may fall if Vitalik dies, because he's been leading the project every step of the way. By not having a leader, the Ethereum project will disorientate itself into oblivion, IMO. Nonetheless, what are your thoughts about this? Roll Eyes
I don't think so, just like bitcoin when Satoshi Nakamoto vanished in thin air bitcoin still survived and even pump. Ethereum will live when Vilatik dies because they are a team that developed that platform and it is not a good move to have only a single person who knows that platform.
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September 29, 2018, 07:06:04 AM
 #13

However, if Vitalik dies, many things could happen either good or bad. Perhaps, Ethereum may fall if Vitalik dies, because he's been leading the project every step of the way. By not having a leader, the Ethereum project will disorientate itself into oblivion, IMO. Nonetheless, what are your thoughts about this? Roll Eyes
I don't think so, just like bitcoin when Satoshi Nakamoto vanished in thin air bitcoin still survived and even pump. Ethereum will live when Vilatik dies because they are a team that developed that platform and it is not a good move to have only a single person who knows that platform.

Big difference is that noone knows who "Satoshi Nakamoto" is,and i doubt it was ever just 1 single person,thats just the name that is used for Bitcoin project.While on the other hand,we all know that Vitalik Buretin is alive and kicking,so ETH would certainly be heavily affected if something hapens to him.
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September 29, 2018, 07:09:42 AM
 #14

Yes, of course the project will die with him, but it will not happen immediately, I think that for several years his product may be in demand, but its encoding is available only to him, so it is not known exactly how the whole system will behave if suddenly the machines subject to him will be disabled. In any case, as you correctly noted, without a leader, the project is doomed to become an outsider among other projects. I am almost sure that Ethereum will not withstand such information and will fall in price as bitconnect.
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September 29, 2018, 07:22:19 AM
 #15

The head is the main governing body of any organism. If you cut off the head - the body will stop its life. It's hard for me to say if there are any ideological people in the Ethereum development team who will be able to take full responsibility for the project. But if Vitalik will die - it definitely will not bring anything good.

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September 29, 2018, 07:28:21 AM
 #16

What do you think will happen with Ethereum if Vitalik Buterin's death is confirmed? Will the price crash and the project fail? Or would it continue to grow into infinity and beyond? I'm concerned about this, since previously, there were rumors about Vitalik's death which caused the price of Ethereum to fall drastically within the cryptocurrency market. Fortunately, Vitalik showed proof that he was alive, which calmed the downfall of Ethereum's price.

Well the first rumor says it already. If by any chance Vitalik died then it will sent shock wave to Ethereum holders and for sure they're going to panic and immediately push the sell button. It's going to be a nightmare for Lubin (co-founder) to carry on the legacy of Vitalik and see that Ethereum can survived without Vitalik Buterin. Leaders really do matter in this market, and with enigmatic presence, Vitalik is very hard to emulate and if someone took his place it going to be difficult. Just like when Steve Jobs untimely demise.

However, if Vitalik dies, many things could happen either good or bad. Perhaps, Ethereum may fall if Vitalik dies, because he's been leading the project every step of the way. By not having a leader, the Ethereum project will disorientate itself into oblivion, IMO. Nonetheless, what are your thoughts about this? Roll Eyes

Just like I said, Ethereum will suffer, can go to 2 digits (worst case scenario). As Ethereum for me is also like Bitcoin now, a speculative assets that every news whether its positive or negative has a drastic effect on the price.
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September 29, 2018, 08:21:53 AM
 #17

most probably yes. it doesn't have to be death. it just has to be him moving on to something else like being employed by the Russian government or banks to work for them on their centralized coin (as he already spoke with Putin and has been paving his way!)

that is what happens with centralized systems. when the head of the organization fails the whole thing fails. and in this case the project has enough problems and serious flaws that even if someone else picks it up they wouldn't be able to fix it. it is much easier to start a new one.

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September 29, 2018, 08:39:28 AM
 #18

I think that there will be a fall in the course, but it will not last long. In addition to Vitalik, a huge team is now working on the project. and they will be able to continue the business without it further. The news will affect the fall, but not for long.

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September 29, 2018, 08:44:53 AM
 #19

If Vitalik Buterin really announced his death, it would definitely have some impact on Ethereum. Because Vitalik is the soul of Ethereum, as Jobs does for Apple. But I don't think this will lead to the collapse of Ethereum. Just as Apple, which lacks Jobs, is still great.

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September 29, 2018, 08:52:49 AM
 #20

Ethereum will die if Vitalik is dead or alive, the blockchain is full of scammy fake ICOs and the transaction speed makes it unusable in business. Take a look at a real project like NEO which will surpass ethereum one day, or even something like QTUM which is looking at 50k tps

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