Post
Topic
Board Speculation (Altcoins)
Re: So who of the original ETH dev team dumped a fuckton of ETH?
by
kelsey
on 27/06/2017, 03:03:28 UTC
Apparently, the GDAX Ethereum megaflashcrash was due some huge amount that came from the genesis block dumping all at once into the market and triggering this shitshow.

Apparently, the genesis block had 72 million premined coins that was kept between the developers (wtf)

Honestly, how isn't ETH anything but a mess?

Calm down...lets not panic..... lets not jump to conclusions, maybe it was simply hacked  Shocked oh wait ok maybe panic  Kiss