Instead, it's a ninjamine because very few people knew about it during its initial mining phase when most of the coins were created in 2012 and 2013.
That may be true. It certainly seems that no one on BCT forums knew about Bytecoin. It may have been a few people but if many of them were like me, they didn't know the Bytecoin devs and didn't have an account with BCT. I only knew of two others on the 4chan thread where I got my binaries and they were both English and also, as far as I could tell, like me, not really into crypto at the time. You can't say it was 'shielded' from the world - someone at the IPExpo in London showed me the link with the binaries!
I am guessing that a hell of a lot of coins mined early are either lost or forgotten about. I only recovered mine after I joined BCT and got help with my wallet.
Anyway, thanks for an interesting and measured (for Bytecoin topics!) post.
