Bitcoin Forum
October 15, 2021, 09:07:41 PM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: What if the founder of Ethereum sells all the Ethereum he has in his wallet?  (Read 124 times)
Fivestar4everMVP
Sr. Member
****
Offline Offline

Activity: 1316
Merit: 292



View Profile
October 13, 2021, 01:40:12 PM
 #21

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.

███
███
███
███
███
███
███
███
███
███
███
███
███

███████████████▄     █████████████████       ▄▄███████▄▄
██████████████████   █████████████████    ▄███████████████▄
█████        ▀█████        █████         █████▀▀      ▀█████
█████         █████        █████        █████           ▀▀▀▀
█████▄▄▄▄▄▄▄▄█████▀        █████       █████
██████████████████         █████       █████
█████        ▀█████▄       █████       █████
█████          █████       █████        █████
█████         ▄█████       █████         █████▄▄      ▄█████
     ██████████████        █████          ▀███████████████▀
     ███████████▀▀         █████            ▀▀█████████▀▀

  █████████▄▄           █████          ████████████
  ████████████         █████          ▐████████████
         ▀█████       █████           █████
          █████      █████▄▄▄        █████▄▄▄▄▄
     █████████      ███████████▄    ▄█████████████▄
     █████████     █████▀▀▀▀█████▄  ▀▀▀▀▀▀▀▀▀▀██████
         ▀█████   ████▀      ▀████              █████
           ████   ████        ████               ████
          ▄████   █████▄    ▄████▀             ▄█████
██████████████     █████████████▀   ▄██████████████▀
███████████▀▀        ▀███████▀▀     ████████████▀▀
███
███
███
███
███
███
███
███
███
███
███
███
███
.
  SPORTSBOOK
  CASINO
  CRYPTO GAMES
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
██████████████████
██████████████████
██████████████████
████████████▀▀  ██
████████▀▀      ██
████▀▀   ▄▄     ██
██▄   ▄█▀▀     ███
████ █▀        ███
████ █ ▄███▄   ███
█████████████▄▄███
██████████████████
██████████████████
██████████████████
██████████████████
██████████████████
██████████████████
████████▀    ▐████
███████    ▄▄█████
██████▀    ▀▀█████
█████▌       █████
███████    ███████
███████    ███████
███████    ███████
███████▄  ▄███████
██████████████████
██████████████████
█▀▀▀











█▄▄▄
.PLAY NOW.
▀▀▀█











▄▄▄█
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1634332061
Hero Member
*
Offline Offline

Posts: 1634332061

View Profile Personal Message (Offline)

Ignore
1634332061
Reply with quote  #2

1634332061
Report to moderator
1634332061
Hero Member
*
Offline Offline

Posts: 1634332061

View Profile Personal Message (Offline)

Ignore
1634332061
Reply with quote  #2

1634332061
Report to moderator
Ararbermas
Sr. Member
****
Offline Offline

Activity: 1498
Merit: 265



View Profile
October 13, 2021, 03:31:33 PM
 #22

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..

BIGGEST AND MOST
TRUSTED FULLY LICENSED
CRYPTO CASINO
▄▄▄▄█▄█▄▄▄▄
▄█████████████▄
███▀▀███████▀▀███
█▀      ▀█▀      ▀█
███████████████████
███████████████████
█████████████████
███████████████
█████████████
███████████████
███████████████
███████████
▀▀███▀▀
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█
█   ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄   █
█   █   ▄  ███    ███   █
█▀▄▀█ ▄███▄ █  ███ █▀▄▀█
█▀ ▀██▀█▀█▀██████  ██▀ ▀█
█   ▄▀▄▀▄███  ██  █   █
█    █▄█  ██  ██ █    █
█    ██  ██  ███    █
█    █  ██  ██    █
▀▄   ▀▄██ ▄▀   ▄▀
▀▄   ▀█▀   ▄▀
▀▄     ▄▀
▀▀▄▀▀
▀▄ ▄▀▄ ▄▀
█▄ ▀█▄▄▀▄▄█▀ ▄█
▀█▀███▀███▀█▀
▄█████████████▄
█████████████████
█████████████████
███████████████
█████████████████
▀█████████████▀
▀██████████████▀
▀█████████████▀
▀█████████▀
▀▀▀█▀▀▀
SPANISH CLUBS
OFFICIAL ASIAN
BETTING PARTNER
ACCEPT
MULTIPLE
CURRENCIES
.
JOIN US
Bilgent
Member
**
Offline Offline

Activity: 490
Merit: 12


View Profile
October 13, 2021, 03:36:12 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.

|   Facebook   |     Twitter     |                    R A N G E R S                    |    Discord    |    Medium    |
|    Telegram    |                    ─────     PROTOCOL     ─────                    |    Gitbook    |
████  ███  ██  █          VIRTUAL WORLDS BLOCKCHAIN INFRASTRUCTURE          █  ██  ███  ████
Wahyuihib
Member
**
Offline Offline

Activity: 344
Merit: 10

" DeFi Launchpad & token of the CinemaDraft "


View Profile
October 13, 2021, 07:05:41 PM
 #24

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

apaben
Member
**
Offline Offline

Activity: 752
Merit: 10


View Profile
October 13, 2021, 08:23:59 PM
 #25

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..

|   Facebook   |     Twitter     |                    R A N G E R S                    |    Discord    |    Medium    |
|    Telegram    |                    ─────     PROTOCOL     ─────                    |    Gitbook    |
████  ███  ██  █          VIRTUAL WORLDS BLOCKCHAIN INFRASTRUCTURE          █  ██  ███  ████
tippytoes
Sr. Member
****
Offline Offline

Activity: 1652
Merit: 274



View Profile
October 13, 2021, 08:32:59 PM
 #26

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.

           ▀▀█▄
     ▀▀██▄▄██████▄████▄
      ▄▄███████████▀█▄
  ▄█████████████████▄█▄ ▄
 ▀  ▀██████████████▀▀█████
   ▄██████▀▀     ▀▀▀▀▄▄▀█▀
 ▄███████▄▄█▀               █
█▀▀ ▀██████▀                █
    ██████▄█▌              ██
   █████████             ▄██▌
    █▀ ▀█████ █▄ ▐▄  ▄█████▀
         ▀███████ ██▄▄███▀
           ▀▀█████████▀
.CoinDragon.████
██
██
██
██
██
██
██
██
██
██
██
████
..7.
████
██
██
██
██
██
██
██
██
██
██
██
████
..No.████
██
██
██
██
██
██
██
██
██
██
██
████
             ▄▄██████▄▄
   ▄▄██████▄████████████
 ▄███████████████████████
▄█████████████████████████▄▄
█████████████████████████████
█████████████████████████████
█████████████████████████████
 ▀█████████████████████████▀
     ██  ▄▄   ██  ▄▄   ██
     ██  ██   ██  ██   ██
     ██  ██   ██  ██   ██
     ▀▀  ██   ▀▀  ██   ▀▀
████
██
██
██
██
██
██
██
██
██
██
██
████
Competitions
& Tournaments
for All
Flowzer
Full Member
***
Offline Offline

Activity: 518
Merit: 107



View Profile
October 13, 2021, 11:03:28 PM
 #27

Its probably can true, but when we take back and see Lee (Founder of LTC) that sold most of his coins, its does nothing to the price at this time, its keep increasing following the market supply and demand.
But the impact of Vitalik would be different, we dont know yet until its happen.

|   Facebook   |     Twitter     |                                       R A N G E R S                                       |    Discord    |    Medium    |
|    Telegram   |                                        ─────     PROTOCOL     ─────                                        |    Gitbook    |
████  ███  ██  █          VIRTUAL WORLDS BLOCKCHAIN INFRASTRUCTURE          █  ██  ███  ████
TomArayaSlaya
Member
**
Offline Offline

Activity: 686
Merit: 10

RANGERS


View Profile WWW
October 13, 2021, 11:14:34 PM
 #28

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

|   Facebook   |     Twitter     |                    R A N G E R S                    |    Discord    |    Medium    |
|    Telegram    |                    ─────     PROTOCOL     ─────                    |    Gitbook    |
████  ███  ██  █          VIRTUAL WORLDS BLOCKCHAIN INFRASTRUCTURE          █  ██  ███  ████
hello_good_sir
Hero Member
*****
Offline Offline

Activity: 924
Merit: 529



View Profile
October 14, 2021, 01:29:08 AM
 #29

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.

█████████████████████████████████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████████████████████████████████
██████████████████████████████▄▄▄█████▄▄▄████████████████████████████████████████████████████
██████████▄█████▄█▄███▄█▄██████████▄██▀▀▀████████████████████████████████████████████████████
██████████████▀████▄████▀██████████████████████████▄█████▄██▄█████▄████▄████▄████▄████████
█████████████████▐█████▌███████████▄█████▀███▀▀████████▀▀▀▀█████▀▀▀██████▀▀███▀▀███████████
██████████████▄████▀████▄██████████████████▄▄▄▄▄███▄▄▄▄█████▄▄▄████████████████████████
████████████████▀█▀███▀█▀██████████▀███████▀█████████▀█████▀██▀█████▀███████████████████████
██████████████████████████████▀▀▀████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████████████████████████████████
.
.
.WELCOME BONUS UP TO 7 BTC!..
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
.
...BET NOW...
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!