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Vitalik Buterin‏Verified account @VitalikButerin  11m11 minutes ago
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Yes, I'm an advisor of wetrust. No, I do not have tokens. No, my interest in decentralized insurance should NOT be construed....

https://i.imgur.com/eZlag2t.png

Can someone translate what this means for me?

It means he helps them to build a decentralized insurance product because he believes in this technology amd how it will help people, but does not do it for the money. (Frankly,I doubt he needs money ;-) )

It is the best kind of advisory board you can get, especially with Buterin saying he endorses the concept of decentralized insurance.

Great news for trst!

OK, thank you for the explanation it helps :)

that's style vitalik, not publishing what he's just doing but when he's really sure there's going to be something to surprise us all.
it indicates if we do not need to talk much before there is real evidence.

Good news for a good project.

well, nobody dislikes earning money from doing what they do. specially when it is related to your own project.
but it is not all about the "money" it is also building him a nice résumé! he is already talking to banks and big financial corporations for his future and will most probably start working with them pretty soon and get paid real money with a nice job with government/banks.

I don't have wetrust but if I have I still would not care about advisors much if I am long in wetrust because I don't believe that they can change the ultimate fate of projects.

That's true, but what they can is:
Point the public interest on this project. And in this infinite sea of coins, tokens, icos, fud and shilling advices I am always happy to get focused on projects with real usecases - and better: With solutions for real problems. Remind: That 1/3 of the world population has no bank account, no chance to get a loan, is a big problem. WeTrust is willing to change that.

And the trader in me is just seeing a mc of 36M. Combined with this promising project leads to only one conclusion: Buy!

told you all to get $trst its still cheap af!

btw i did an interview with patrick from the dev team:

https://steemit.com/trst/@tehmoonwalker/interview-with-patrick-from-wetrust

I like her style, rich people with simple looks. wetrust a good coin and he deserves to be part of the team.

In that case I already know in what I will invest the money after my next payday.
Vitalik always knows what he's doing. This guy is like Master Yoda in the cryptocurrency world!  ;D

Vitalik is officially an advisor in 3 projects:

OMG: $800MM  market cap
KYBER: $250MM market cap

And TRST: $30MM market cap

Markets are different, but WeTrust aims personal inurance, and it is still massive, and imho bigger than Kyber.

Do the math...

If true vitalik buterin advisor wetrust, will it affect the price of wetrust in the future? So this is good news and this is the right time to buy wetrust. What do you think?

I means that:
1- the code behind wetrust will be flawless
2- wetrust will use Ethereum possibilities thst other coins don’t inagine today
3- like OMG and plasma, werrust may have access to special developments of ETH in advance

Vitalik created ethereum.

if this tweet is legit, that coin worth considering for an investment

And of course that tweet could pump the price.  Technically sure, he doesn't own any tokens but it's possible somebody else close to him does.  Vitalik has gained enough clout in the space to move mountains now.  He should try to avoid tweeting stuff that could affect the market.

Makes a change from all of his tweets saying he is not part of this project and not part of that project.  Think it might be worth having a look at wetrust and see what it is all about.

We cant say that he dont need money but what hes trying to achieve on here is the reputation and the money he would gain. I dont really believe that he would do this thing if he cant able to make money.  ;D He would tried out to hit 2 birds in one stone and for those who invested on Wetrust this news would really be a good one because we can assume already that it would succeed specially if buterin is involved on this but well theres no assurance though because it would still depend on communities support to the project.

TRST has raised 16% after this tweet. But i want to learn why they didn't finish project till to now? I love this project but this team is little slow. Etherisc team is insurance team too but they are working very good and they are very active.

You need to read between the lines with him sometimes.  If he said he wasn't paid with token...it might mean he was paid cash and he bought tokens with it.  If he says he is not holding any tokens, maybe he already sold it OR donated it.  He is telling the truth but may not be how some would interpret it.  

That said, he is a good guy who supports lots of charities.  He doesn't do these things for free but he "shares" his blessings.  I like and respect him.

He supports lots of ICO by advising them, he might paid or not but still we can see that his trusting ICO that are legits and aumung to get some advised from him. He's indeed good on crypto that's why we can see on social media every ICo RT or posted something with him.

Exactly. Supporting  an ICO and being a full time advisor are 2 different things. It seems to me thst TRST has the blessing of Vitalik

Picked up a nice bag. The market cap is low. With vitalik as advisor this will definitely get its pump - nice opportunity

https://www.crowdfundinsider.com/2018/10/140659-crypto-donation-platform-wetrustspring-offers-matching-campaign-through-giving-tuesday/

Vitalik and Emin  are the man. Well done

This is very interesting. WeTrust lost a lot of market value when it came out of several exchanges because of the small trading volume. I thought the project would be set aside. fortunately, the developers continue working and offering several products and services that are very interesting and important for the crypto community. WeTrust Spring is a project that brings great benefits to society and can positively impact the entire market. I hope more people will use the project to donate to these institutions.

Looks like manipulate from Wetrust company. They hired Vitalik as advisor to hype their project and icrease value of their tokens..

Looks interesting, I didn't noticed that people are still into Vitalik's opinion.
What I only read on the web is full of hate towards him after saying such words.
But look on how he can make a project lively again.

Well, I can see that this is going to be a very big vote of confidence for WeTrust since they got no less than the founder of Ethereum on their side. I am hoping this can be translated into a better future for this decentralized insurance platform and that the marketplace will be reacting to this positively. We know it is not easy to get the nod of Vitalik so this can mean a lot to WeTrust. Is this a good signal to buy more WeTrust tokens?

And he already Ethereum to the mercy of fate. Found a new type of income and is now encouraging this other. Let's see what happens.

This is perhaps the first time I will see verify @vitalik interim publicly endorsing an ICO project! I am off to see how much of wetrust token I can get!

wow, this is really a very shocking information. I'm thinking of Wetrust and some other businesses that are holding the ETH tokens and are using it to manipulate the market. This really was beyond my control. We need to be careful in investing now.

I'm just wondering why there saying that it should not be seen or bought as investment. Would you have opinions why?

It should not be bought because it created a false hype for the project itself and the newbies that got attracted by it will be fooled.
some of them will think that the price will go at least 10x from its price because of vitalik, while vitalik basically do nothing to the project itself.
people should understand that he is an advisor, and he will work as an advisor nothing more than that. it is totally different case if he is a developer of that project.

Hiring someone with reputation is always good for the project and its funding, It will motivate the team too because they do have an advisor who also acknowledges them.  He said he doesn't have Wetrust token though, what is the team's giving him Ether? There are similar projects in insurance industry I hope they'd all have success as I'm holding mine.

Vitalik is an advisor and certainly can help interested people in making investment decisions or not, I think he will work according to his knowledge and even if he does not receive tokens it means he wants to get his dedication first.

Great to have this guy as an advisor, I see  Roger ver is deeply involved with we trust, this is awesome news as well. Great stuff .

People be carefull when buying TRSt tokens. As I remember there was a lot of tokens with similar names but from different teams on bittrex.

upd: don't see any trst on bittrex at all. But keep in mind and check before buying.

Bittrex has already delisted trust token from a long time ago due to the SEC regulations. It's only traded on liqui and as you can see that doesn't have a lot of daily trade volume. I remember when i have sold all of my trust token when it worth 15k satoshi for each wetrust token.

in any case, Vitaly Buterin is not the person you need to talk about negatively The fact is that these guys work with their heads and make our world better. Each of us understands the importance of ethereum in the cryptocurrency market. Although not everyone is aware of the future prospects of erc20.

Well, I believed Vitalik Buterin noticed that there will be some kind of problem in the future with Trust which is while he make the statement posted by the OP cause he said him been Trust adviser doesn't mean he endorse Trust as a good investment but alot of people misunderstand what he said.

https://cryptounlocked.wetrust.io

He's back in.