Vitalik Buterin's Recent ETH Sell-Off: What's the Deal?

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ColdNonceFull Member
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#1May 26, 2018, 05:33 PM
Vitalik sold over 17k ETH, which is more than he planned. Seems like a lot of movement in his wallet lately.
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MadChainFull Member
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#2May 26, 2018, 07:36 PM
Yeah, he hit 17,196 ETH sold, right? That's crazy. But apparently it's for ecosystem development, so... maybe it’s not all bad.
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alpha_minerFull Member
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#3May 29, 2018, 03:53 AM
I dunno, man. Selling when ETH is low? That’s risky. He could've sold at a better price honestly.
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0xBossFull Member
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#4May 29, 2018, 04:28 AM
Exactly! I mean, why didn’t he sell when ETH was peaking at 4k? Could've walked away with way more cash.
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#5May 30, 2018, 01:21 AM
They say it’s for projects and upgrades, but still feels sketchy to me. People will always worry when founders sell.
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CalmMinerFull Member
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#6Jun 1, 2018, 06:13 AM
If he’s selling for development, maybe we should just chill? The community has to trust him, right?
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mike23Member
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#7Jun 2, 2018, 02:19 AM
Trust is one thing, but constant selling doesn’t inspire confidence, lol. ETH isn’t breaking those 5k levels anytime soon.
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the_cobraSenior Member
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#8Jun 2, 2018, 04:44 AM
But think about it... He’s still got like 200k ETH in his wallet. If he wanted out, wouldn’t he have dumped way more?
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matrix2015Full Member
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#9Jun 2, 2018, 08:20 AM
True, I mean he’s been selling for charity before too. But I wish it didn’t feel like he was bailing.
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LuckyByteMember
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#10Jun 4, 2018, 05:34 PM
Anyone else kind of think the market gets weirdly emotional over this? Like, is he really impacting the price that much?
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#11Jun 4, 2018, 07:10 PM
But seriously, every time he sells, it’s like a new rumor mill revs up. It’s exhausting.
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alt_forkMember
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#12Jun 4, 2018, 10:59 PM
Totally! People need to realize this is part of funding efforts. Not like he's trying to sabotage ETH.
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w1ld5tackFull Member
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#13Jun 5, 2018, 03:29 AM
I love Bitcoin because it has a cap. Vitalik's moves make me think about market manipulation... It’s kinda scary.
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alpha_minerFull Member
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#14Jun 5, 2018, 09:33 AM
But if he’s selling in a bear market, is that really manipulation? Sounds like smart strategy to prepare for future.
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bull2011Member
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#15Jun 5, 2018, 12:03 PM
But what about those who think he’s just cashing out? That fear leads to FUD, and we don’t need that.
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WildWolfMember
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#16Jun 5, 2018, 02:43 PM
Yeah, I see your point. But without Vitalik in the mix, ETH is better off for decentralization.
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sat_s4geFull Member
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#17Jun 5, 2018, 08:34 PM
Long term growth relies on development, not just market confidence, I believe.
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ledger_2013Senior Member
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#18Jun 5, 2018, 11:38 PM
Honestly, the whole idea of him controlling too much ETH just feels off. He needs that power spread out.
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sigma_ninjaFull Member
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#19Jun 6, 2018, 02:05 AM
Agreed. Every time he sells, it’s an opportunity for others to buy. Decentralization is key.
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bull2011Member
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#20Jun 6, 2018, 04:07 AM
Vitalik’s still smart about this, though. If he was being shady, we’d be seeing much more panic.
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