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Author Topic: Will Ethereum fail if Vitalik dies?  (Read 4088 times)
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October 08, 2018, 08:48:54 AM
 #101

Vitalik, judging by the latest news, has already stated that he is preparing to leave his project. News of his departure will do more harm than news of his death. If it goes off the Ethereum, the network may well react with a sharp drop, if it did not become quite that there would be a big increase.
However Im sure that if ethereum still alive, there's still hope. The point of being decentralized is that it will not rely on individual or instituiton, ethereum is owned by community. Maybe vitalik leaving is a bad news and could potentially affect everyone involved to ethereum
but however it's hardly bring down ethereum to the point where it will have zero value.

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October 08, 2018, 09:00:30 AM
 #102

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

Strange you ask a question.
Vitaly is the founder of Ethereum and is the owner of a large number of coins. His departure from the project or his death will certainly have a negative effect on Ethereum. You can remember what happened with the death of Steve Jobs and Apple, as well as the departure of Elon Musk from the post of chairman of the board of directors had a negative effect on Tesla's stock price.
However, Ethereum is a fairly developed system and I think that it will not die having lost its founder. The price will fall, but not to 0.
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October 08, 2018, 09:44:56 AM
 #103

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
it seems that it will not be that easy ethereum can be replaced by NEO or Qtum, because the mistake in the ICO scam is not the fault of the ethereum team. because he is just a platform not an ICO organizer!
just look at ethereum going back to the moon, and I believe that

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October 08, 2018, 12:27:23 PM
 #104

I don’t think something will happen to ETH. He is not alone in the project. There is a whole team that improves and works on the project.
Nothing generally will happen and apparently we will just see the projects kicking up further with the other developers on board. We do not even know the whereabouts’ of Satoshi, and here we are still clamoring on the usage of bitcoin with development going on further and for what it is worth, so many people have died in the past like Steve Jobs, and the company is still thriving till date.

Ethereum will not be affected in anyway and may be the only thing that will be affected is Vitalik's HODL stash if no one have access to it apart from itself, and even at that, it would just make the circulating supply to eventually reduce.
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October 08, 2018, 12:34:14 PM
 #105

i think that eth would drop, but soon after it would recover
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October 08, 2018, 12:40:58 PM
 #106

If Vitalik dies ETH will fall down very hard for sure. But it doesn’t mean that the project will stop progressing. At the worst it can be bought by big companies like Microsoft.



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andeonnut
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October 08, 2018, 12:48:56 PM
 #107

ETH would be completely fine if Vitalik left the project. I think there would be some initial panic dumping, that would subside and then things would move forward.

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October 08, 2018, 12:58:09 PM
 #108

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

Can not negate that Vitalik has the greatest merit in building EThereum as it is today. If Vitalik leaf out Ethereum project, I think this thing will has a little bad influent to Ethereum but it is still going to continue developing

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October 08, 2018, 01:16:16 PM
 #109

Regardless Vitalik die or not, Eth will run as normal but the price will be doping a bit when Vitalik really die but soon after that the price will goes up.
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October 08, 2018, 02:20:10 PM
 #110

Regardless Vitalik die or not, Eth will run as normal but the price will be doping a bit when Vitalik really die but soon after that the price will goes up.
Yes, Ethereum will not be affected in anyway. Ethereum is a project and Vitalik is not indispensable as anything can happen. It is more like saying when Steve Jobs dies, did Apple crumble? No, it did not and we still keep seeing apple in the same light as we have been seeing it. One thing is that the market will move on, Ethereum will move on as there are so many developers on board and we will only have a name to remember for Vitalik for coming up with some smart contract platform in the long run. At least, he is a unique figure in this space whether we like it or not.

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 am able to understand your concern over being a centralized project. I just wonder about 1000s of other coins which are all being taken care of its one developer or group of developers but if something will happen to them, how it will move to next step. I had never thought in this perspective but now onward need to analyze on this matter more seriously.
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October 08, 2018, 02:25:51 PM
 #111

I don't remember what year in America the owner of the largest firm died. If I'm not mistaken, the Dow Jones firm. After that, people panicked and thought it was a crash for the company. They started selling shares and only because of their panic the price fell. Not because a man died, but because people panicked. The company continued to work further
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October 08, 2018, 02:28:44 PM
 #112

I think is not present but the price will strongly fall. Panic will pass and the price will grow back. It creators of this cryptocurrency but does everything team

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October 08, 2018, 02:32:50 PM
 #113

Ethereum's price should not be based on a single person's life. I don't believe that the death of Vitalikvwill have an effect on Ethereum as majority of the hodler of it were scattered. We can't trust a coin if the price is based on a single investor. Crypto currency isn't made that way.

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October 08, 2018, 02:45:27 PM
 #114

I am sure that ethereum has become a popular and stable coin so that with or without the inventor of ethereum that is Vitalik then ethereum will always be a favorite, this is the strength of ethereum which is a coin that can be used to make many tokens.



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October 08, 2018, 02:52:28 PM
 #115

There are many ethereum developers who will continue the works of vitalik if something happened to him maybe the ethereum network will improved or failed but Im sure this developers knew what they can do and what more features they can improved over time etherem will not die of course.
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October 08, 2018, 04:14:43 PM
 #116

it might also apply like bitcoin, until now we haven't found it, evidence that who is Satoshi Nakamoto and whether he is alive or not, it doesn't even have an impact on bitcoin prices, because the core of crypto is decentralized, maybe this can also be applied if something unexpected happens

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October 08, 2018, 04:26:22 PM
 #117

I believe that Ethereum is already a self-sufficient coin, and even if God forbid with Vitalik Buterin (in fact, I wish him good health), if something happens, then the ETH network will continue to develop.
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October 08, 2018, 05:55:30 PM
 #118

Ethereum is a team of project specialists. Perhaps there will be panic at first, but thanks to the team, everything is normalizing. In general, Vitalik is still very young, the way lives for another 100 years this brilliant guy.
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October 08, 2018, 05:56:32 PM
 #119

Bitcoin is doing quite good without Satoshi, so I do not think any person stop existing in crypto can lead to the failure of Eth. Would be sad however.

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October 09, 2018, 12:23:22 PM
 #120

Vitalik, judging by the latest news, has already stated that he is preparing to leave his project. News of his departure will do more harm than news of his death. If it goes off the Ethereum, the network may well react with a sharp drop, if it did not become quite that there would be a big increase.
However Im sure that if ethereum still alive, there's still hope. The point of being decentralized is that it will not rely on individual or instituiton, ethereum is owned by community. Maybe vitalik leaving is a bad news and could potentially affect everyone involved to ethereum
but however it's hardly bring down ethereum to the point where it will have zero value.
I really highly doubt it. We do not even know who satoshi is let alone if we know if he is still alive or dead and yet we still believe in bitcoin. Crypto space does not belong to anyone which is why we call it decentralized which means if god forbid anything happens to vitalik ethereum should not go down.

Now it is not exactly same with bitcoin because we never knew who satoshi was so the idea of bitcoin is to make sure it is not centralized and depending on one guy whereas ethereum always had vitalik and we know who he is and what he says makes a difference but I still think people will follow where money goes and not care about his health.
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