why ethereum co-founder Butarin Vitaliy strongly react to falling of crypto-currency?

The co-founder of the Ethereum blockchain, Vitaliy Buttering, believes that investors may be experiencing a “cryptocurrency winter”, but this is not bad news for them, as it is a major pullback in crypto. Indicates long term benefits.    

Ethereum co-founder Buttering Vitaliy

 In a recent interview, the Canadian-Russian programmer said that industry players would "welcome" a rapidly declining bear market, as a drop in prices would help eliminate excess investors in the wider crypto space. In an interview published by Bloomberg, Buterin said that the ongoing slump in the crypto market could lead to another digital asset universe, as prices are currently quite low, and when things improve as before, big players will make good gains. Can get it.                                                                                                                                                                                                                                       The price of Ether has almost halved since November, and Buttering says that “winter is the time when a lot of those applications drop unless you can see which projects are really sustainable over the long term.”  Crypto winter may be just a seasonal cold for this emerging market, but the Ethereum founder told Bloomberg that he was "surprised" by the market's move last year. However, he is unsure whether all cryptocurrencies will survive their second winter, or whether it simply reflects the volatility found in broader economies. With the recent hike in prices, many people have seen their assets rise sharply. Cogeco is tracking 12,588 different tokens and reminds investors that the bull market is not for every existing crypto asset. If it is used incorrectly or by sheepishly following the leaders, investors can be harmed through market fraud and manipulation.    Cryptocurrency prices have tumbled since reaching record highs in early November as investors and speculators anticipate a reduction of the massive amounts of stimulus added to economies and global markets in the wake of the Covid pandemic. The Bloomberg Galaxy Crypto Index is down about 45% from its all-time high. Ether, the native currency of the world’s most widely used blockchain, has slumped around 40% during the same period. “The winters are the time when a lot of those applications fall away "and" you can see which projects are actually long-term sustainable, like both in their models and in their teams and their people,” the 28-year-old crypto billionaire said. Yet Buterin, who said he’s “surprised” by how the market has moved since last year, isn’t sure whether crypto has entered another winter or the sector is just mirroring the volatility in broader markets.                                                                                                                                                                                          A short opinion of another crypto founder- Anthony-Di Rio, a Co-Founder of the Ethereum network, says he’s done with the cryptocurrency world, partially because of personal safety concerns. Di Iorio, 48, has had a security team since 2017, with someone traveling with or meeting him wherever he goes. In coming weeks, he plans to sell Decontrol Inc., and refocus on philanthropy and other ventures not related to crypto. The Canadian expects to sever ties in time with other startups he is involved with, and doesn’t plan on funding any more blockchain projects.                                                                                                                                                                                                                                                                                                                                                                                 “It’s got a risk profile that I am not too enthused about,” said Di Rio, who declined to disclose his cryptocurrency holdings or net worth. “I don’t feel necessarily safe in this space. If I was focused on larger problems, I think I’d be safer.”     

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