It’s no secret that the cryptocurrency market is subject to large fluctuations. Market capitalization depends, among other things, on the information background: even one phrase can change the situation.

The last statement of this kind was the announcement of the founder of Ethereum, Vitalik Buterin, that the market of cryptocurrencies had reached the point where the ceiling was visible and that the epoch of the 1000-fold rally had come to an end. This gave rise to a storm of indignation in the crypto community, Vitalik was accused of pessimism, meanwhile the Bitcoin price lost almost $200, dragging all the other cryptocurrencies behind. One quotation by Vitalik Buterin set the market back several billion dollars.

The head of Binance, Changpeng Zhao, CEO of Tron, Justin Sun, and the head of ConsenSys, Joseph Lubin, who was there at the beginning of Ethereum, started a debate with him and after a few days Vitalik clarified his statement on Twitter, saying that he had meant the impossibility of a 1000-fold growth of cryptocurrencies. Although, his opponents were not satisfied.

In his comment to the tweet, the CEO of the Binance exchange, Changpeng Zhao, said that he still disagreed with Buterin. He believes cryptocurrencies will continue to grow 1000 or more times (quite an expected statement from the official representative of the world’s largest cryptoexchange).

If you forget that your own money is at stake, the situation looks rather comical. Just think about it — a small holy war on Twitter pushed the rate of Bitcoin down to its annual minimum! Without any institutions, private corporations or governments! Is this really the “cryptoanarchy” to which the first cryptoenthusiasts aspired?

The fact that news has an impact on the cryptocommunity and, accordingly, the cryptomarket capitalization, became clear even at the end of last year after the first serious fall of Bitcoin. That time, according to analysts, the main reason for this was the ban of cryptocurrencies and ICOs by the Chinese authorities, which in fact is a much more “traditional” reason than a price collapse after one tweet.

Is it possible to say that in future the blockchain technology will make it possible to determine the real value of every single person’s statements?

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