Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★
Holy shit.
So you're saying that someone (otoh?) has 1.5 million VIA (and safe to assume possibly more) and you btcdrak have over 1 million VIA from the XCH 'burn'...a coin with a current total supply of over 13 million VIA, 2 people combined own over 2.5 million VIA.
Uh oh.
So you're saying that someone (otoh?) has 1.5 million VIA (and safe to assume possibly more) and you btcdrak have over 1 million VIA from the XCH 'burn'...a coin with a current total supply of over 13 million VIA, 2 people combined own over 2.5 million VIA.
Uh oh.
Zuckenberg owns about 30% of Facebook. I am okay with it. With the currently low BTC, VIA price is very attractive now, so it is an excellent time to increase my VIA, even if it may go lower.
Yea well this isnt the stock market. This is the altcoin market. The fact that 2.5+ million coins are owned between 2 people (and presumably more from Otoh), while the total supply is ~13 million is alarming. Not sure how long you've been around the alt scene but that is definitely noteworthy. I get it btcdrak needs more funding, because for whatever reason the 600+ btc wasnt enough. Id be a bit more comfortable if he actually owned more than the other guy...but just slightly.
Im glad the richlist was brought to my attention recently. Never knew viacoin had one. Definitely pulled my buy orders.
This is certainly noteworthy, however keep in mind that the total supply of Via will eventually reach 92 million. This will even up the distribution down the road.
The fact that Otoh held his Coins off exchange through the pump to 73k and back down makes me much more comfortable with the distribution. He made it clear that he believes in Viacoin as a long term project and is not here to pump and dump on all of us.
Pretty much all altcoins have one or two whales with a majority of the coins, the noteworthy part is that Viacoin richlist hasn't changed in months.