Ethereum co-founder Vitalik Buterin criticized forecasts in the cryptocurrency industry, calling many of them erroneous and “arrogant.” He agreed with a message from one of the Twitter users, which called on influential people to be responsible for such statements.
Price predictions on the crypto space are notorious for turning out very wrong – on both the bull * and * bear side. pic.twitter.com/KkapAAxQBX
– vitalik.eth (@VitalikButerin) April 6, 2020
“I think that finding too arrogant forecasts made 2-5 years ago and that turned out to be terribly mistaken, and then making fun of them is a great tradition,” written by Buterin.
Among such forecasters, the creator of Ethereum mentioned both the well-known critic of Bitcoin economist Nuriel Roubini and the entrepreneur John McAfee, who predicted the first cryptocurrency to achieve unprecedented heights.
Last time claimedthat the price of bitcoin will reach $ 1 million in 2020, and even promised eat your penis if that doesn’t happen.
However, at the beginning of 2020, McAfee declaredthat this promise was nothing more than a ploy to attract new users.
In addition, Buterin admitted that he also sinned with erroneous forecasts. In particular, regarding the timing of Ethereum development.
I agree I was wrong on many of those!
– vitalik.eth (@VitalikButerin) April 6, 2020
About all high-stakes on the price of bitcoin, and also about why are the forecasts so differentcan be found in exclusive ForkLog content.
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