Vitalik Buterin, the co-founder of Ethereum, is not always enthusiastic about the crypto-currencies. He never hesitated to warn investors in recalling the degree of risk that surrounds the digital assets are particularly volatile. This is again expressed on Twitter these last few days.
Many investors are enthusiastic and spend a lot of money in the crypto-currency. It must be said that the soaring prices of 2017 has a dream for a good number of people in the world, in the past, hoping to become millionaires in just a few clicks. But we must not forget that these are digital assets, particularly fluctuating, and that these investments are very risky.
Hey, guys, I want to give away another 1500 ETH to my followers.
Easy rules: send 0.3-0.7 ETH to my address, get 3-7 ETH to the address you used in the transaction.
Only for my followers.
— Vitalik Buterin (@HagenAnsel) February 17, 2018
Vitalik Buterin, the co-founder of Ethereum, never misses the opportunity to recall. Because even if the ether has multiplied its value by 75 in just one year, it must not be forgotten that the market can fluctuate very quickly. And therefore, it is preferable to place only a portion of his savings !
The enthusiasm must be controlled
It is for this reason that Vitalik Buterin is out of the silence several times, in order to protect investors and to calm down the enthusiasm of some investors too greedy. This is not the first time that he wants to calm the ardor of investors, speaking in particular on Twitter.
*All* crypto communities, ethereum included, should heed these words of warning. Need to differentiate between getting hundreds of billions of dollars of digital paper wealth sloshing around and actually achieving something meaningful for society. https://t.co/aNpEnBNGsA
— Vitalik Buterin (@VitalikButerin) December 27, 2017
He had already asked last December to internet users to be careful. Invest in the crypto-currency is not a game and can have serious consequences for those who place a large amount of money.
Vitalik Buterin believes in the future of the crypto-currency and does not hesitate to boast about the merits. But he is also aware of the enthusiasm may be surprising to some investors. It is for this reason that he urges caution. A professional attitude and human that many users like.
Source : NCC