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Topic: Ethereum made their single biggest bitcoin dump yesterday (80% dumped since Oct) (Read 2383 times)

hero member
Activity: 882
Merit: 1000

 the organization dissolves once it's released,

If this, then who will be in control of all of their monies? They need to spend that shit before they dissolve. All acording to plan. Plan approved by Goldmansux
legendary
Activity: 1162
Merit: 1042
White Male Libertarian Bro
legendary
Activity: 1316
Merit: 1000
Varanida : Fair & Transparent Digital Ecosystem
Don't worry, they just need fiat to improve their projects
legendary
Activity: 1162
Merit: 1000
You give money to children and what do you expect?

legendary
Activity: 2282
Merit: 1050
Monero Core Team
about 5,000 BTC dumped yesterday:

https://blockchain.info/charts/balance?address=36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2

a total of about 80% of their approx 25,000 BTC has been dumped since October


Why they dump at this falling market? They don't have confidence on future of BTC?

I gave my theory in this post https://bitcointalksearch.org/topic/m.10378311 Basically the typical trading behaviour of a very weak hand in a mature bear market.
hero member
Activity: 616
Merit: 500
about 5,000 BTC dumped yesterday:

https://blockchain.info/charts/balance?address=36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2

a total of about 80% of their approx 25,000 BTC has been dumped since October


Why they dump at this falling market? They don't have confidence on future of BTC?
hero member
Activity: 882
Merit: 1000
And when that happens, the former goldmansachs employees, are available to get re hired. Revolving door, just like they do with everything
hero member
Activity: 667
Merit: 500
This is sucks! They will creating endless coins to themself.

Not only that, the organization dissolves once it's released, so the donations are pretty much a "thanks idiots, later" move.
legendary
Activity: 1008
Merit: 1000
This is sucks! They will creating endless coins to themself.
sr. member
Activity: 314
Merit: 250
Future development will be funded through the Ethereum Foundation's ether stake. They will receive around 10% of all ether in existence at the time of the genesis block, and I assume the plan will be to fund all future development from this stake.

I didn't know they were dong a 10% premine. That's quite a large percentage.
full member
Activity: 189
Merit: 100
Future development will be funded through the Ethereum Foundation's ether stake. They will receive around 10% of all ether in existence at the time of the genesis block, and I assume the plan will be to fund all future development from this stake.
sr. member
Activity: 314
Merit: 250
When are they releasing ethereum?
hero member
Activity: 574
Merit: 500
I don't think there is any problem arising. Another round of fundraising can take place. Ethereum is promising and has been attracting so many attention. There are many VC investors willing to invest in it.
legendary
Activity: 1162
Merit: 1042
White Male Libertarian Bro
sr. member
Activity: 336
Merit: 250
Didn't they pull in over 30K BTC from the ipo?
sr. member
Activity: 280
Merit: 250
about 5,000 BTC dumped yesterday:

https://blockchain.info/charts/balance?address=36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2

a total of about 80% of their approx 25,000 BTC has been dumped since October
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