What if the founder of Ethereum sells all the Ethereum he has in his wallet?

[Novice08091]

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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[jackg]

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).

[asriloni]

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.  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?

[tabas]

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.

[bitgov]

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.

[adaseb]

I remember back in 2016, news came out that he sold “some” of his holdings when it was at like $20 which was the ATH at the time back then and the coin didn’t crash.

Developers are allowed to sell some of their coins to pay the bills and such. It’s understandable. However remember when Litecoin founder sold his coins at the top of 2018? It actually was the top of Litecoin. However whether it’s because he sold or because the crypto bear market has already begun is hard to say.

However I don’t think he would sell all his coins at once.

[aprilnot]

if that's the case, it's not a good situation. behind the scenes of ethereum there may be a problem so big that it makes Vitalik not want to hold the coin that he has developed. this will be the end of ethereum, just imagine who would trust this platform if its founders didn't want to hold ETH. so this would be a very bad situation for ethereum. after that Vatalik will probably be considered a criminal by the crypto community.

[Ogette1]

I don't think such thing can happened
Anyways like we all know Ethereum is
A crypto currency, a digital money in that
Matter, at any point of time if the
Founder wish to sell it anyways
Life still continue with other
Crypto.

[Bonenx14]

I don't think such thing can happened
Anyways like we all know Ethereum is
A crypto currency, a digital money in that
Matter, at any point of time if the
Founder wish to sell it anyways
Life still continue with other
Crypto.

Obviously, there won't be a problem with the founders of Ethereum as long as everyone still has a lot of faith in Ethereum, because this won't have a bad impact when the platform's users have started to dwindle and traders are still eager to buy Ethereum in its current state.

[Doell]

As a developer definitely don't want work to be destroyed all at once ,plus have to conect with the wider community ,I don't think Vitalik will sell its assets at the same time when ATH peaks because the profits are huge and the future is guaranteed ,Ethereum is not a scam coin and the work isn't fake

[Viscore]

I don't think such thing can happened
Anyways like we all know Ethereum is
A crypto currency, a digital money in that
Matter, at any point of time if the
Founder wish to sell it anyways
Life still continue with other
Crypto.

Well, he has all the right to sell his ethereum he has in his wallet because its owned by him and not ours. But i don't think he'll probably sell all of them altogether. He might sell only a portion of them. If he can make profits with that, then why not? After all, we invest and hold for the sake of profits and now that its already in front of you, then grab it. For me, when i see to it that my target selling price is already achieved, then i should start selling some of them. Maybe he has a better plan after that that will also yield better profits.

[maju69]

Unfortunately Vitalik is not the same as Jeff Bezos in all the characteristics he has. There is absolutely nothing in common. So when you imagine that Vitalik sold all the Ethereum that he owns then do you know how much Vitalik loves what he has fought for all his life?
You should know the historical value of Vitalik and Ethereum.
Comparing Ethereum to Amazon? in what ways can it be equated? decentralization and centralization? cryptocurrencies and stocks?

[eaLiTy]

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.

We have no idea how much Ethereum Vitalik Buterin is holding right now but at point he disclosed that he was holding 355,000 ETH  but during the course there were reports that he sold billions of dollars worth of ETH and there is no clarity regarding how much he holds now and this year there were reports that he moved billions of dollars worth of ETH and even if he sells them unless he reveals no one is going to know about it  .

[crzy]

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.

Its his money and selling is not a bad thing, beside if a project is a good one it can stand alone even if the founder sell his holdings because there are so many investors that are willing to buy at a cheaper price and if Vitalik sold some of his holdings again, then the price will just correct for a little but after that it will rise again as long as they don’t abandon ETH.

[WalkerIVIV]

I didn't even think that would happen. If ethereum founder was only selling a small amounts of his ethereum and could this be something wrong? i guess it could not. The founder has a small percentages from the total tokens that already allocated to the team. It's up to him whether he wanna sells his coins or not as long as he will not dump it to create a flash crash in the market and then people will be seeing it as a common thing. I must also remind you that even jed former of XRP has sold all of his stash to the market instantly. that proves that if that's not a wrong thing.

[bitcon]

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.

You are right that if a big investor sells off one of his assets, it will cause panic in the market, especially if this big investor is a founder of this company. But we can’t equate the situation in the stock market with the situation in crypto. When a big investor sells his shares, he loses his influence and he can’t make decisions. But Ehteruem doesn’t belong to Vitalik, it is decentralised. But anyway, selling off from his side would shake Ethereum’s position.

[Woodie]

If he sells then Ethereum users are more likely to notice that he has sold a huge chunk of his coins, and I really don't expect this to happen because he should know better that this could have an influence of herd mentality and more people would sell but knowing that then again we now have whales in the market abd this sell would just allow more people to get on board as their pending buys would be triggered.

Btw do we still know how much he still owns that's in the public domain.

[Husires]

Ethereum will not directly effect by what the founder did, and if this happen, then the currency is still central and the risk of investing.

Ethereum has become next largest decentralized crypto than the past, which means that the impact of the decisions of vitalik should not affect the price.

Vitalik is smart Developer, he will sell of his coins but

• will divide them into small parts.
• He can gain money in other ways other than currencies.
• His capital will increase if you keep those currencies.

I hold Ethereum and Vitalik is smarter than me.

[Fivestar4everMVP]

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.

LOL. This will never happen man, even if VB decides to sell all his Ethereum and move on, he is not dumb, he won't do it in a way it will affect the Eth price in the market, he wil probably be selling it bit by bit maybe in an extended period of like a month or two or half a way or even one year depending on the amount of Ethereum coins he owns.

Ethereum is already a very big ecosystem which I believe can survive without VB, check what happened with dogecoin, dogecoin founder sold every thing and abandoned the project way back in 2015(if am not mistaken), fast forward to 2021, dogecoin made it to top 4 on coinmarketcap. Buterin is going no where, even if he does, Ethereum is old enough to survive without him.

[Ararbermas]

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.

its because only those have big contribution can manipulate the price in the market, or should i say always can make impact when they sell or buy, so don't be surprised why its happening.
and based on your thread question well obviously if that time happen for sure ethereum will fall into the very dip price.. But it's business mate, and vitalik is very smart human on the space wherein he will never end up in a situation, such making stupid decision. It's impossible..