Vitalik sold over 17k ETH, which is more than he planned. Seems like a lot of movement in his wallet lately.
Vitalik Buterin's Recent ETH Sell-Off: What's the Deal?
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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.
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.
Exactly! I mean, why didn’t he sell when ETH was peaking at 4k? Could've walked away with way more cash.
chris.viperMember
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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.
If he’s selling for development, maybe we should just chill? The community has to trust him, right?
Trust is one thing, but constant selling doesn’t inspire confidence, lol. ETH isn’t breaking those 5k levels anytime soon.
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?
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.
Anyone else kind of think the market gets weirdly emotional over this? Like, is he really impacting the price that much?
chris.viperMember
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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.
Totally! People need to realize this is part of funding efforts. Not like he's trying to sabotage ETH.
I love Bitcoin because it has a cap. Vitalik's moves make me think about market manipulation... It’s kinda scary.
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.
But what about those who think he’s just cashing out? That fear leads to FUD, and we don’t need that.
Yeah, I see your point. But without Vitalik in the mix, ETH is better off for decentralization.
Long term growth relies on development, not just market confidence, I believe.
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.
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.
Vitalik’s still smart about this, though. If he was being shady, we’d be seeing much more panic.