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Author Topic: Will Ethereum fail if Vitalik dies?  (Read 4004 times)
rhodelmabanal
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October 18, 2018, 08:27:37 PM
 #221

Definitely no. ETH today is not Vitalik only. I see several teams and many developers. And I don't tell about other teams that make sidechains possibilities, Plasma, Raiden, other extensions. I think they can continue ETH development if it will be needed. Nothing worried
This currency ethereum has been established for more years and just like bitcoin, it couldn't be vanished around blockchain. Many of vitalik's co developers has been making ethereum as strong cryptocurrency following the footsteps of bitcoin, which may rise same as how bitcoin soars at higher popularity.

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October 19, 2018, 05:12:52 PM
 #222

Ethereum not fail, but I'm sure that in cryptocurrency world so much FUD after it happen, and the price ethereum will dump for sometime

Yes. That could happen right after Vitalik's death. However, the most important thing is that Ethereum remains alive as a decentralized cryptocurrency project for the masses. The decline in price would be temporary, allowing anyone to buy cheap ETH before the market recovers again. Once the FUD is over, then prices will start to rise again, becoming a profitable opportunity for those who got in earlier when prices were low.

Even if there's no replacement for Vitalik in the future, the project might head its own way as the community guides it every step of the way. On the other hand, Bitcoin has survived without its leader Satoshi Nakamoto. Which means that the same thing could happen with Ethereum, as it remains without a leader, but supported by a wealth of developers and community members. Rest assured, that once Vitalik dies, the mainstream media will be spreading FUD against Ethereum, to scare people away. But none of that matters, since cryptocurrency projects are used to FUDs all the time. Just my opinion Smiley

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October 19, 2018, 08:39:32 PM
 #223

No. I don't think so. There's no way ethereum will fail after Vitaliks death because there are more people patronizing the project and people are investing in it.
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October 19, 2018, 09:21:57 PM
 #224

Well no one heard anything from satoshi for a while, and after his last post on this forum, who knows is he dead or alive. Maybe he was hit by a bus after 12 dec 2010?! And where did price go after he disapered?
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October 21, 2018, 03:42:06 PM
 #225

There are are more serious forces and investors behind Vitalik, such as Ethereum Foundation. He often appears on the screens because of the peculiar appearance, which gives a great charisma to the project, but the main development has long been carried out not by him.
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October 23, 2018, 11:31:39 AM
 #226

There are are more serious forces and investors behind Vitalik, such as Ethereum Foundation. He often appears on the screens because of the peculiar appearance, which gives a great charisma to the project, but the main development has long been carried out not by him.
Yes, his external data make you trust this person and probably make popular Ethereum. This psychological trick is the perfect opposite of the Invisible- Satoshi.
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October 23, 2018, 11:56:54 AM
 #227

Microsoft is among many big companies and government agenciez that have invested in ethereum. No ethereum is not dead and will grow even bigger n the future.

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October 23, 2018, 04:04:17 PM
 #228

Well no one heard anything from satoshi for a while, and after his last post on this forum, who knows is he dead or alive. Maybe he was hit by a bus after 12 dec 2010?! And where did price go after he disapered?

Exactly. Even after the disappearance of Satoshi, Bitcoin has growth in price and popularity over time. No one knows what happened with the pioneer cryptocurrency's founder, because he/she/they was/were anonymous. However, it's quite impressive to see the project take its own course without its founder guiding it. As such, if Bitcoin managed to become a strong cryptocurrency without its founder, then Ethereum could probably head into the same direction.

The main difference between Bitcoin's and Ethereum's founder, is their identities in the real world. Since Bitcoin's founder was anonymous, no one knows for certainty if he/she/they is/are still alive. On the other hand, Ethereum's founder is well-known to the public, which could have a negative effect over the cryptocurrency's price within a short time frame, as FUD spread all over mainstream media. Such case is very unlikely for Bitcoin since the founder was never known or revealed to the public. In effect, it wouldn't have a negative impact over Bitcoin's price, the same way it would be in Ethereum since everyone knows who created the project.

Therefore, what could happen is that Ethereum's price could decline massively after Vitalik's death within a short time frame. However, once everything is calmed down, you could expect for prices to rise again as demand increases from people in the mainstream world. With the supportive community and active development team Ethereum has, Vitalik could be easily replaced without having a bad impact over the project's longevity within the blockchain space. Just my opinion Smiley

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October 23, 2018, 04:06:38 PM
 #229

No, I do not think so, like many others, I believe that everything will be fine, because ETH is a full-fledged project that can exist by itself, so I think that everything will be fine and the project will remain one of the major projects in this area.
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October 23, 2018, 04:09:35 PM
 #230

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 think that Vitalik is not very important for Ethereum, he is something like an advisor. Ethereum just like other cryptocurrencies is a decentralized project.
So without him Ethereum will be even more decentralized, no big name with a big power.

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October 23, 2018, 04:09:54 PM
 #231

We are all going to die someday, but I don't know where to get that he umrecu I think acne is in order should a tragedy occur then the rate of course will fall but in the world a lot of good developers !

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October 26, 2018, 04:58:00 PM
 #232

I think that Vitalik is not very important for Ethereum, he is something like an advisor. Ethereum just like other cryptocurrencies is a decentralized project.
So without him Ethereum will be even more decentralized, no big name with a big power.

Yes. With Vitalik's absence, Ethereum could become more decentralized as all the efforts would be focused on the community itself. The same way Bitcoin could manage to survive without its founder Satoshi Nakamoto, the same way could be for Ethereum. With the vast amount of developers working each day to improve Ethereum, I believe that there shouldn't be any reason to worry if Vitalik dies anytime soon. Of course, the price will go down the drain for a short amount of time, but it'll quickly recover as soon as the market settles.

When comparing Ethereum with Litecoin, both have founders which are still alive. However, Litecoin's founder has been distancing himself from the project, to make it look as decentralized as possible. He even sold all his Litecoin, which means that he wants to avoid becoming associated with the project. In contrast, Ethereum's founder is still involved with the project, but he hasn't announced that he sold (if he ever had some Ethereum) any of his coins (as far as I'm aware).

Nevertheless, if the Ethereum project remains as decentralized as possible then there's nothing to worry about. While Vitalik is seen as a strong leader for Ethereum by many, he could easily be replaced by someone in the future. Just my opinion Smiley

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October 26, 2018, 05:00:36 PM
 #233

It could happen like 2 years ago, but now there is ethereum foundation which will manage eth development and Vitalik is no longer needed.
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October 26, 2018, 05:06:38 PM
 #234

No eth will not fail if vitalik dies. Only that can cause dump surely as expected. But after that everything will turn to normal situation i think.
Because ethereum foundation already have too many developers with amazing skills. Now vitalik is the symbol of ethereum  he is very valuable person and dev.
But eth can continue without vitalik.

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October 26, 2018, 05:28:31 PM
 #235

Butering support ethereum and I don't think that this option is possible. People trust to ethereum and invest a lot of money in it

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October 26, 2018, 05:35:11 PM
 #236

This is depends from whate rate ethereum will have in the future. Butering is a muvement of ethereum and all investors trust to Vitalik

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October 26, 2018, 05:39:06 PM
 #237

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
This is why I am very happy with the Anonymity of Satoshi Nakamoto. We are having this fears regarding Ethereum because we all know who the founder Vitalik Buterin. Maybe he too should have been anonymous from the beginning. His death may crash the Ethereum price completely to maybe even $0. Everyone may give up on the project, and move over to other blockchains.

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October 26, 2018, 06:14:05 PM
 #238

It's a kinda tricky question. If Vitalik dies (which I don't ever pray for though), ethereum will not die  but it will likely suffer temporary price decline. But with the other members of the competent dev team, it will recover again with time and may even get better than before.
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October 26, 2018, 06:25:26 PM
 #239

If it really happens than for sure it will be a small drop for ethereum but in the end it will grow more than we expect it to right now
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October 26, 2018, 06:31:16 PM
 #240

Well, this is the point to say,he's the head stage of the project,but I think that he is now in the circle itself so many specialists have obladanie that rummage very well,so I think that there is,as now working directly team order for the draft has shown itself as a success,as they say, one is a warrior!

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