Quote from: Captain-Cryptory on February 23, 2018, 10:05:49 AM

Quote from: bitgolden on February 23, 2018, 10:02:05 AM

Quote from: Walrus1 on February 20, 2018, 01:35:07 AM

https://www.google.com/amp/s/www.cnbc.com/amp/2018/02/19/ethereum-creator-vitalik-buterin-warns-about-cryptocurrency-investment.html

It's not a doom and gloom forecast it's just a realization. Just don't go overboard throwing money at things

Very realistic with his statements. Obviously, it is becoming obvious the level at which people are beginning to see cryptocurrency as a get rich quick scheme and forgetting the main essence for which most of these coins or tokens should be existing. Most investors usually do not even end up doing a proper investigation on an asset before investing and some may even decide to go all in.

The crypto space is still very risky and like he said, volatile, so, going down to zero for some, is not something that should not be expected.

His discussion is not a new one, nor is it a discovery that emerged during the crypto hystory alone. So, Vitalik haven't told me a thing I don't know.

Exactly my thoughts. This is something I knew about from a long time back and it makes sense due to the extreme volatility of the crypto market. Vitalik just stated the obvious which can happen at any particular point of time which is why everyone need to understand the risks before investing into such a volatile crypto market. Some people tend to invest big amounts without doing proper research into scam coins and end up losing huge amounts of money and blame bitcoin and the crypto market ultimately which is silly.