$100 million worth of ETH? | Bitcointalksearch.org

biddicoin

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Quote from: Longthi_4823_Love on December 18, 2019, 09:35:32 AM

they are very unwise to liquidate ETH at the time it reached the highest level of all time.

why it can be unwise? Isnt it a wise strategy to sell in peak?

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In 2017 everyone wanted to come back again but that was just a wish. It will not happen again because this cryptocurrency market has matured.

I dont think so, as long as there is no regulations in cryptocurrency, the price is always so volatile
it is very possible to reach new ATH again in the future

gweedo

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Quote from: BRODIN on December 18, 2019, 11:01:19 AM

It's not over yet, as long as Vitalik still has tens of thousands of ETHs personally, the opportunity for ETH to return to the highest price is still there. I believe that Vitalik still has tens of thousands of ETH and did not sell all ETH assets in 2018 ago. I am sure that the price of ETH can reach the highest price again.

If he had sold 100$ million in 2017, I think he had sold most of his ETH. In 2018, I read an article about this issue and I found Vitalik's ETH address, it seems that he no longer holds too much ETH. Anyway, hopefully he can help this project grow continuously and the price can surpass ATH 2017, although it is very difficult for the current market situation

red4slash

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Quote from: BeManga on December 18, 2019, 10:52:40 AM

Quote from: Aabcde on December 16, 2019, 01:27:24 AM

Yes, I think so too. Times in 2017 will be very difficult to achieve now but that does not mean impossible either. And I think ATH will happen if bitcoin touches the new ATH price first.
Many people assume that in 2020 this will happen. But what is clear is that the year of crypto can be carried out if the king holds a massive party, which in the sense of bitcoin touches prices above $ 20k.

i agree its not really impossible for eth to reach the price in 2017 or break the ATH
only if bitcoin price increase in the next halving because some of altcoin price of altcoin depend on bitcoin like eth

ethereum has potential, as long as development continues, I also believe that ethereum can reach that price. but it does take time to achieve it and we have to wait eth can reach the expected price

Kambal2000

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Quote from: BRODIN on December 18, 2019, 11:01:19 AM

It's not over yet, as long as Vitalik still has tens of thousands of ETHs personally, the opportunity for ETH to return to the highest price is still there. I believe that Vitalik still has tens of thousands of ETH and did not sell all ETH assets in 2018 ago. I am sure that the price of ETH can reach the highest price again.

Yes not yet the end for Ethereum, so we should not worry at it as we can see that he's doing something for the sake of Ethereum that he's not just sleeping somewhere, still he's doing marketing, developing it and telling to people the importance of it and we can still see it in most projects, so there is no reason to be worry at it.

BRODIN

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It's not over yet, as long as Vitalik still has tens of thousands of ETHs personally, the opportunity for ETH to return to the highest price is still there. I believe that Vitalik still has tens of thousands of ETH and did not sell all ETH assets in 2018 ago. I am sure that the price of ETH can reach the highest price again.

BeManga

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Quote from: Aabcde on December 16, 2019, 01:27:24 AM

Yes, I think so too. Times in 2017 will be very difficult to achieve now but that does not mean impossible either. And I think ATH will happen if bitcoin touches the new ATH price first.
Many people assume that in 2020 this will happen. But what is clear is that the year of crypto can be carried out if the king holds a massive party, which in the sense of bitcoin touches prices above $ 20k.

i agree its not really impossible for eth to reach the price in 2017 or break the ATH
only if bitcoin price increase in the next halving because some of altcoin price of altcoin depend on bitcoin like eth

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Quote from: lousie9 on December 18, 2019, 08:31:41 AM

Quote from: yulionoo on December 18, 2019, 01:16:18 AM

of course all ethereum holders would want ethereum prices to return to 2017 but as you said op the current crypto market conditions are different from 2017. so I think it is quite difficult to make the eth price back to $ 1,400. although later on when bitcoin can pump after decreasing by half maybe eth will also pump but this may take longer and maybe the increase value is not high like in 2017. only time can answer whether eth can pump again like 2017 or not? we wait.

actually anything in the cryptoqurrency space can happen at any time, but speaking of ethereum which once reached a price of $ 1,400 I don't think the time will repeat itself like in 2017. and there may be a price increase for ETH, if BTC can reduce by half of the current amount. but not for ETH $ 1,400

although bitcoin can make pumps on the market after halving, I think the thought of ethereum being able to fly that high seems to be difficult. it could be the same case as this year. where bitcoin pumps, but not ethereum and other altcoins.

Dangki01021991

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Vitalik Buterin, having sold 30,000 of his personal ETH during the highest ETH rally, was a wise decision. There are many who have done the same. If something unexpected happens to ETH now, I won't miss it.

Longthi_4823_Love

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they are very unwise to liquidate ETH at the time it reached the highest level of all time. In 2017 everyone wanted to come back again but that was just a wish. It will not happen again because this cryptocurrency market has matured.

Whilemost

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2017 was the peak of the cryptocurrency market with extremely strong growth. ETH price peaked at $ 1,400, which could have earned as much as $ 100 million. this is terrible. Shocked

BChydro

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Quote from: cheezcarls on December 16, 2019, 01:17:55 AM

To me, it was a wise decision for them to liquidate their ETH when it reaches its all-time high back then. Even the “extraordinary terrestrial” himself, Vitalik Buterin, sold his personal 30,000 ETH.

I just wish it was 2017 all over again, when we could have sold some ETH and other tokens during the big bull run. However, I honestly think that it will not repeat ever again because the market has matured already.

This shows their trust in the coin in the long run as they never expect the price to go further and so is the reason they sold $100 million worth of their assets when the price was rallying and even there were reports that Charlie Lee who created Litecoin sold all of his coins during the rally and all the developer made their massive profits during the past rally and i hence i highly doubt whether we will see a rally like that in these coins ever again.

lousie9

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Quote from: yulionoo on December 18, 2019, 01:16:18 AM

of course all ethereum holders would want ethereum prices to return to 2017 but as you said op the current crypto market conditions are different from 2017. so I think it is quite difficult to make the eth price back to $ 1,400. although later on when bitcoin can pump after decreasing by half maybe eth will also pump but this may take longer and maybe the increase value is not high like in 2017. only time can answer whether eth can pump again like 2017 or not? we wait.

actually anything in the cryptoqurrency space can happen at any time, but speaking of ethereum which once reached a price of $ 1,400 I don't think the time will repeat itself like in 2017. and there may be a price increase for ETH, if BTC can reduce by half of the current amount. but not for ETH $ 1,400

zeze18

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Quote from: nhbaonghi on December 18, 2019, 04:25:08 AM

Since you said that the market is now more matured, I do think that the next bull run of this market will be bigger than ever. Why? Because other than the mature of investors, the tech side of this space is now more matured as well, no surprise that more and more traditional big companies want to enter this field. Besides, I also see that some excellent blockchain projects appear since 2017 with dedicated team and innovative idea, not only-whitepaper projects anymore. The strong projects always know what they need to do at this sensitive time which is building, this is not the time to only talk about token price, and when everybody realize the real potential and the mature of this technology, that is the time the BIGGEST FOMO will comes.

Yeah the real value of cryptocurrency is not showing up yet, people are still comfort in their zone doing trading everyday with some little profits. When they realize they're buying and selling a thing that really valuable in the future i'm sure they will just buy more and more to collect as much as possible good cryptocurrency which will boom in the upcoming years.

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Quote from: libert19 on December 17, 2019, 11:56:03 PM

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Even the “extraordinary terrestrial” himself, Vitalik Buterin, sold his personal 30,000 ETH.

That's not anything less then extraordinary, knowing when to sell is great thing in itself. I wish he should have tweeted or something at that time so we also could have sold lol

that makes sense for me to see that, it's better to see him tweeted at that time and we can also follow that decision.
but that has already passed and by the way why does the team create an announcement right now? just hope the team can be more transparent to the all of pre-mined coin lol

nhbaonghi

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Since you said that the market is now more matured, I do think that the next bull run of this market will be bigger than ever. Why? Because other than the mature of investors, the tech side of this space is now more matured as well, no surprise that more and more traditional big companies want to enter this field. Besides, I also see that some excellent blockchain projects appear since 2017 with dedicated team and innovative idea, not only-whitepaper projects anymore. The strong projects always know what they need to do at this sensitive time which is building, this is not the time to only talk about token price, and when everybody realize the real potential and the mature of this technology, that is the time the BIGGEST FOMO will comes.

NavI_027

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Quote from: libert19 on December 17, 2019, 11:56:03 PM

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Even the “extraordinary terrestrial” himself, Vitalik Buterin, sold his personal 30,000 ETH.

I wish he should have tweeted or something at that time so we also could have sold lol

And then what? You and the rest of us will sell earlier than him. Of course he will not let that happen because the market might fall down rapidly which result to a bad point of exit Grin

. He is wise no doubt, but this also means a suffering for small holders like us. Actually, I can't anything right now but to laugh at myself — laughing and questioning why it seems I'm trapped with this miserable market *sigh.

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Quote from: cheezcarls on December 16, 2019, 01:17:55 AM

At the peak of the market during the massive bull run of 2017, the Ethereum Foundation liquidated 70,000 ETH. Ethereum co-founder Vitalik Buterin convinced the foundation to sell at that time.

The price of ETH peaked at $1,400 during January of 2018, which would have netted approximately $100 million from the sale. Buterin also disclosed a personal sale of 30,000 ETH at the same time.

Full news here

Holy smokes! Now this is why their projects can keep up for a very long while.

To me, it was a wise decision for them to liquidate their ETH when it reaches its all-time high back then. Even the “extraordinary terrestrial” himself, Vitalik Buterin, sold his personal 30,000 ETH.

I just wish it was 2017 all over again, when we could have sold some ETH and other tokens during the big bull run. However, I honestly think that it will not repeat ever again because the market has matured already.

Good for them. Well done!

Why not? At least the Ethereum community is still strong, and I'm waiting for the event change from PoW to PoS in the next time. Honestly, if the sharks want to create a robust bullish trend to come back $1,400 again, I'm sure we will see many FUD, lousy news, delist, or anything like these to dump the ETH price in the nearest time.

PoS is necessary for Ethereum because it needs to stop the "feature" unlimited supply coin like now Tongue

. However, I don't know the devs of Ethereum really want to do that or not ... Grin

shoreno

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Quote from: Pamadar on December 18, 2019, 03:19:20 AM

Quote from: libert19 on December 17, 2019, 11:56:03 PM

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Even the “extraordinary terrestrial” himself, Vitalik Buterin, sold his personal 30,000 ETH.

That's not anything less then extraordinary, knowing when to sell is great thing in itself. I wish he should have tweeted or something at that time so we also could have sold lol

Yeah right, it would be much better if he shared he's fate with us so we able to sell everything before this huge fall happened. But there's no way for those investors who've been trapped along with the high hopes to get something bigger from this project.

course there are still a hope because eth is not just a kind of ordinary coin but i see many potentials to this coin . they dont need to tweet or post some hints before they sell because it does not make sense at all to do that . they will only look like they are bragging and will make them bad in in the font of the people . this also cause people to panic disrupting thier plans to sell because the price can drop imediately . the said amount was nothing compared to other sellers of cryptos .

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Quote from: libert19 on December 17, 2019, 11:56:03 PM

Quote

Even the “extraordinary terrestrial” himself, Vitalik Buterin, sold his personal 30,000 ETH.

That's not anything less then extraordinary, knowing when to sell is great thing in itself. I wish he should have tweeted or something at that time so we also could have sold lol

Yeah right, it would be much better if he shared he's fate with us so we able to sell everything before this huge fall happened. But there's no way for those investors who've been trapped along with the high hopes to get something bigger from this project.

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Quote from: libert19 on December 17, 2019, 11:56:03 PM

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Even the “extraordinary terrestrial” himself, Vitalik Buterin, sold his personal 30,000 ETH.

That's not anything less then extraordinary, knowing when to sell is great thing in itself. I wish he should have tweeted or something at that time so we also could have sold lol

Actually from what I remember,,, he sold twice in 2016 and 2017. I was around for the second one it was only a few million dollars. Haha,,, only!

But he sold at very low prices by the way. If he held until today he would have made a lot more money. So that shows he was not even a speculator which is a good thing. Do you not think so?

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