Bitcoin price, in the future it will be zero (says Ethereum): a declaration of prudence, which has not failed to create some sensation ...
Il Bitcoin price? It could end up near zero, says co-founder of rival cryptocurrency, Ethereum, Vitalik Buterin. In short, for one of the most authoritative voices of the main alternative company to Bitcoin, the cryptocurrency investors they could lose their life savings "at any time" due to the volatility of the digital money markets.
A statement - the one mentioned above - obviously very heavy. And it is at least partly surprising that it comes from the 24-year-old Russian Buterin, the one who invented it Ethereum and who now fears that anyone who puts their money into virtual currencies can be ruined in an instant. Or a little more. For this reason, Buterin suggested that investors put their money in more traditional assets, and be sure to put only the money they can "afford to lose" into cryptocurrencies.
“Cryptocurrencies are still one new hyper-volatile asset class and they could reach a value almost zero at any time "- he wrote on his Twitter account with advice - we reiterate - evidently surprising, because he comes from an extremely rich man just after riding the business of Ethereum, the second most valuable cryptocurrency in the world with a market value of 92,4 billion dollars. At this time, in February last year, Ethereum was priced below $ 13. Now its value is around $ 930, after hitting a high of $ 1.300.
But how much truth is there in Buterin's words? Probably a lot. On the other hand, the truth is that nobody can predict the future of cryptocurrencies, nor can they predict if it will really prove to be the future of finance, or just a disastrous bubble that is about to burst leaving millions of people in financial ruin.
As proof of this, it is sufficient to retrace the recent history of the most famous digital currencies. Since the beginning of 2018, for example, we have seen the price of Bitcoin and other virtual currencies plunging in extraordinarily fast times, and even before we have seen the Bitcoin price growing by almost 2000%. In short, everything (or almost) has happened, and everything (or almost) can happen again.
