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Author Topic: What if the founder of Ethereum sells all the Ethereum he has in his wallet?  (Read 151 times)
Wahyuihib
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October 13, 2021, 07:05:41 PM
 #21

You are talking here, as if you are a cryptocurrency expert. who will know the true state of the progress of a coin?. The only one who knows this is the coin maker himself. if ethereum is Vitalik Buterin. and I'm sure that Vitalik Buterin will not sell his ownership of ethereum considering that eth continues to improve in every way

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October 13, 2021, 08:23:59 PM
 #22

If Vitalik Buterin sold all of his Ethereums, then Ethereum price would be affected by it very seriously I think. Because I guess that he is the one who has the biggest amount of Ethereums in the world. Maybe he will continue to HODL his coins forever or sell only a small amount of it. Otherwise, I agree that the community will be angry at him and lose their belief in him.
when Vitalik Buterin sells all its Ethereum assets. I guess this could affect the crypto economy. but I don't think that will happen, crypto's popularity can be destroyed just because it's vital. surely the ethereum devs can conclude the consequences if they sell ethereum assets..

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October 13, 2021, 08:32:59 PM
 #23

If Vitalik Buterin sold all of his Ethereums, then Ethereum price would be affected by it very seriously I think. Because I guess that he is the one who has the biggest amount of Ethereums in the world. Maybe he will continue to HODL his coins forever or sell only a small amount of it. Otherwise, I agree that the community will be angry at him and lose their belief in him.
when Vitalik Buterin sells all its Ethereum assets. I guess this could affect the crypto economy. but I don't think that will happen, crypto's popularity can be destroyed just because it's vital. surely the ethereum devs can conclude the consequences if they sell ethereum assets..

But in the first place, do you think Vitalik will resort to that path? I don't think he will intentionally ruin what he created in this community. If in case he will do that, I am certain there has valid reason. But so far, I am not seeing that happening. Because once it happens, we know eth network will disappear. Eth is pursuing towards their The Merge - https://www.coindesk.com/tech/2021/10/13/ethereums-latest-progress-toward-proof-of-stake/, so right now, they are still actively developing this network to accommodate the need of users.
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October 13, 2021, 11:14:34 PM
 #24

Why on earth will Vitalik Sell all his Eth and what else will he be buying usdt or solana mate oh I see maybe he buys ada or dot I just hope your brain doesnt give you thoughts like that to type these words Is just impossible except maybe hack or something goes absolutely bad and I think thats unlikely to happen

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October 14, 2021, 01:29:08 AM
 #25

Firstly, very unlikely.

People have been speculating on what Satoshi will do with his coins for a very long time now. Hasn't happened.

Secondly, it's not like Vitalik controls 50% of the supply. The community will be fine - in fact there is probably a lot of people wishing that they can get their hands on cheap ETH right now.

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