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Topic: What if the founder of Ethereum sells all the Ethereum he has in his wallet? - page 2. (Read 215 times)

sr. member
Activity: 1554
Merit: 260
Am certain ethereum will crash In the same way, as if Jeff Bezos sold all his Amazon shares overnight. Amazon's share price would plummet.
Why would that happen? Simply because the market would have big doubts about the survival of Amazon and here of Ethereum.
Everyone would say that if Vitalik Buterin is selling all his ETH, he knows about something serious that we don't know about.
Vitalik Buterin, like Jeff Bezos, has no interest in doing this. Worse, he would be forever hated by the Ethereum community and could do nothing in the cryptocurrency world.
It is not in his interest to do this as it is for Jeff Bezos with his Amazon shares.

Of course there are such threats. Vitalik Buterin is the creator of Ethereum, this is his child. Watch a few or a dozen interviews with Vitalik and you will understand that he will never sell his child. As long as Vitalik is alive, Ethereum will continue to grow and this is, in my opinion, the best investment at the moment.
hero member
Activity: 3024
Merit: 745
🌀 Cosmic Casino
Actually he has already sold a huge part of his total Ethereum assets before. And the usual thing that will happen is the price will go down.
Everyone would say that if Vitalik Buterin is selling all his ETH, he knows about something serious that we don't know about.
A bear is coming? the project is failing? seriously, it's just all about taking his profits.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
And then why are you thinking like that? If you know that there was an agreement since ico in 2014. I have been also watching it. There was a token locked but it should have opened now. it's up to the team who wanna sold or not some of their shares as per the agreement with the all of ethereum investors. Did you know that if ethereum foundation was still holding thousands of bitcoin on the its crowdfunding wallet? Even vitalik will not so stupid dump all of his ethereum at once.
So, you're talking about something that will not happen. You must go back to the ethereum announcement thread and then check everything about that. I would say that if you're expecting a non sense thing.
Jeff and vitalik were not stupid enough to do that. They have enough money even to keep the foundations forever.  Cheesy I'm always think positively about that. If you're feeling worry about that and why don't you dump your crypto and back to the cash?
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
Currently, price crashes spread the word about something. If it became headline news, I could see both securities doing well out of it.

That being said, an initial crash would be inevitable for both and might mean vitalik would have to accept less for his eth per unit so it's probably unlikely that'll happen (at least all at once).
newbie
Activity: 14
Merit: 1
Am certain ethereum will crash In the same way, as if Jeff Bezos sold all his Amazon shares overnight. Amazon's share price would plummet.
Why would that happen? Simply because the market would have big doubts about the survival of Amazon and here of Ethereum.
Everyone would say that if Vitalik Buterin is selling all his ETH, he knows about something serious that we don't know about.
Vitalik Buterin, like Jeff Bezos, has no interest in doing this. Worse, he would be forever hated by the Ethereum community and could do nothing in the cryptocurrency world.
It is not in his interest to do this as it is for Jeff Bezos with his Amazon shares.
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