Vitalik Buterin Fuels Coinbase with $1M ETH!

[Johnyz]

I guess Vitalik Buterin might have sent over $1 million worth of ETH to Coinbase with the intention of trading or investing in other cryptocurrencies or assets available on the platform.

Most probably this is the reason and seriously, its not even big to influence the whole market, maybe he just want to do some trading as the market is getting more cheaper.
Well, ETH is a good coin already but Vitalik also know how to diversify, its good thing that the money is coming in the market and if there's more investor we can expect to rise again from this drop. There's no big news with ETH though, hopefully they are working into something big that can actually pump ETH and be the reason to remain as the top altcoins.

[Quidat]

Selling it, it's that simple, it doesn't need to be complicated, but only the OP and many other media channels I've looked at are talking about the story of early exit, I really want to say "wtf? what the hell do you think? what's up?" with 600 ETH I think a lot of people own it, and moreover it's Vitalik he can't do anything with it. Anyway, there's no need to speculate on it, things will soon be seen and the suspicions of many people I can't understand.

On the most sensible and that common approach then it would really be simply having that reason on "selling it".Is there something wrong with that? Why people do really love on finding
other viable reasons on which they could really be able to seek upon? If he sells, then its none of our business and come to think that he's the creator of ETH and having that tons of baghold
which it is really just that his right about selling and buying up something and just like i had said earlier that its none of our f*kin business. 
I dont think about charitable works, or something about staking or something about whatever possible reasons because selling coins is always means to sell.

[goaldigger]

Selling it, it's that simple, it doesn't need to be complicated, but only the OP and many other media channels I've looked at are talking about the story of early exit, I really want to say "wtf? what the hell do you think? what's up?" with 600 ETH I think a lot of people own it, and moreover it's Vitalik he can't do anything with it. Anyway, there's no need to speculate on it, things will soon be seen and the suspicions of many people I can't understand.

On the most sensible and that common approach then it would really be simply having that reason on "selling it".Is there something wrong with that? Why people do really love on finding
other viable reasons on which they could really be able to seek upon? If he sells, then its none of our business and come to think that he's the creator of ETH and having that tons of baghold
which it is really just that his right about selling and buying up something and just like i had said earlier that its none of our f*kin business. 
I dont think about charitable works, or something about staking or something about whatever possible reasons because selling coins is always means to sell.

Probably just to create FUD as if Vitalik is the only founder who sell their holdings.
We actually don't know the reason for the transfer and why sell during the bear market right?
This could be just a normal transaction for Vitalik and let's just hope that it will not add up to the reason why the price is declining. ETH is a good coin to hold though, this is not the progress that we want to hear, if he sells then so be it, its already beyond our control.

[philipma1957]

Why would anyone with that much experience go near Coinbase? Their fees are crazy high for anything you try to do - so maybe it is related to charity - which still leaves the question why choose to lose so much in fees?

Well he may want some cash. If you have as many eth as he has at a cost basis of 25 cents a coin fuck fees fuck taxes.

He may simply cash them and move the cash to a charity.

He likely has 1,000,000 eth coins and is worth more than a billion in cash.

[shinratensei_]

its simple, its just like what other whales doing when they are sending their assets to coinbase that is to sell it.
i think there's no need to overcomplicate the fact that these famous figure are just doing something very normal which is selling their assets when they need money.
after all $1 million for him is just meager amount, its not like its gonna become a news headline that vitalik is selling his $1m meanwhile he got another hundred millions if not billions in his arsenal.
i believe $1m for him is just penny.

[el kaka22]

I think it should not matter all that much considering how big ethereum is and how little 1 million is. We are talking about a ton of money for us of course, I mean I agree that it is a lot of money, but that doesn't mean that it is a lot for him, it is nothing for him and it is nothing for the market in general.

This is why we are not going to see too much change in anything just this moment, it should be considered normal and not really be reacted any differently. Of course you could see it change overtime, but you shouldn't, it shouldn't really be taking this much time to make this much difference. Hope that it gets to a better point, and we could make a bigger difference with our charities if he leads the way to all those who need it.