‘There’s No Room for 1000x Price Increases,’ Reaffirms Vitalik Buterin
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‘There’s No Room for 1000x Price Increases,’ Reaffirms Vitalik Buterin

THELOGICALINDIAN - Ethereum cofounder Vitalik Buterin hit aback at letters he said claimed he was a pessimist September 11 accusing media outlets of misrepresenting his angle on cryptocurrencys future

In a alternation of tweets, Buterin said advantage of his account with Bloomberg September 8 had been “spun” to acrylic an ever abrogating view.

Commentators had reacted to one acknowledgment Buterin had accustomed in particular, in which he said the Blockchain industry was about to hit a “ceiling.”

“The blockchain amplitude is accepting to the point area there’s a beam in sight,” he had told the publication.

Reactions anon began labeling Buterin as a doom-monger who anticipation the advantageous canicule of the absolute cryptocurrency industry had appear and gone.

Other sources advised the connected bottomward burden on Ethereum’s built-in badge Ether (ETH), currently at its lowest price in over a year, was affronted by the comments.

“To be clear, I never said that there is ‘no allowance for growth’ in the crypto ecosystem. I said there is no allowance for *1000x amount increases*,” he retorted on Twitter.

He added thinly-veiled criticism of TRON architect Justin Sun, who after committed to his cryptocurrency advance forecast.

Buterin has consistently hit out at industry columnist outlets for skewed reporting. In June, a UK abridged reprinted comments he fabricated on accepted appointment Bitcointalk in 2024 which appropriate he anticipation the US National Security Agency had invented Bitcoin.

“My opinions accept acutely afflicted a lot back then,” he retaliated, anecdotic the commodity as “crazy misrepresentations.”

What do you anticipate about Vitalik Buterin’s comments? Let us apperceive in the comments below!

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