Ethereum Founder, Vitalik Buterin: 'We're at the Tail End of a Crypto Bubble'

Ethereum founder Vitalik Buterin is undoubtedly an industry leader and blockchain pioneer.

Following a multi-month downtrend, Buterin took to Twitter to share his outlook on the current cryptocurrency market conditions.

Erin: 'We're at the Tail End of a Crypto Bubble'.

On July 31, 2018, Buterin replied to a tweet by Post Oak Labs Founder Tim Swanson, displaying the falling web traffic on Coinbase digital asset exchange's main site.

Is anyone surprised? We're at the tail end of a crypto bubble.

A purist blockchain believer, Buterin has always prioritized preserving decentralization and supporting adoption above driving cryptocurrency price hype.

On July 9, Buterin took to Twitter to denounce the recent Bitcoin ETF fervor and emphasize cryptocurrency adoption over investment.

Co-founder of CoinRoutes, David Weisberger gave a response telling Buterin that both aspects of institutional and public adoption are important.

While agreeing, Buterin's response denoted that the "Current level of adoption is imbalanced" - signifying a media focus on cryptocurrency prices rather than actual usage.

In mid-June 2018, Coinbase CEO Brian Armstrong posted a series of tweets delineating his perspective on crypto market cycles and conveyed a similar emphasis on adoption, as a true indicator of the industry's condition and growth trends.