Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread -100% Original Codebase - Over 70 Team Members
by
fudbuster
on 07/04/2015, 16:53:25 UTC
By the way is this your rich list?


http://pastebin.com/wZtajyfP


Seems like a poor distribution to me, lots of whales.

https://forum.ournem.com/general-discussion/nem-rich-list/msg15667/#new

You got too much time on your hands.  Looks like you just copy and pasted what was on that thread and removed the parentheses.   Roll Eyes


So there aren't a lot of whales?
NEM has no whales.



Not true.

Not true.  There hasn't been enough sells at current prices to make that anywhere remotely possible.  For somebody to get 5% of NEM (450 million) they would have to send the price skyrocketing.



I didn't even mention the NXT AE assets which could have easily produced a couple of monster whales.

Bottom line is that NEM, like any other crypto, will end up having the majority of the coin circulation in the hands of a few, regardless of the initial distribution. It is how it has always been and always will be.