Vitalik Buterin: Crypto, Blockchain Space Won’t See ‘1,000-Times Growth’ Again

[Crypto]

There is no chance that the cryptocurrency and blockchain space will see “1,000-times growth” again, Ethereum (ETH) co-founder Vitalik Buterin stated in an interview with Bloomberg September 8.

At an Ethereum and blockchain conference in Hong Kong, Buterin told Bloomberg that the rapid growth of crypto and blockchain industry is now reaching a “ceiling,” and is moving from “just people being interested” to the stage of “real applications of real economic activity.”

Buterin explained that the period of explosive growth in the sphere is likely coming to an end because the level of superficial awareness about the industry has significantly grown, and is likely to plateau:

Readmore: https://cointelegraph.com/news/vitalik-buterin-crypto-blockchain-space-wont-see-1-000-times-growth-again

[Fenix]

I think that Buterin spoke first of all with respect to bitcoin and ethereum. I fully admit that these coins will not increase in their value by more than a thousand times. That is, bitcoin will never cost more than six million dollars, and ethereum will not rise to 200,000 dollars. However, other cheap coins now may well grow in price in tens of thousands of times.