Post
Topic
Board Announcements (Altcoins)
Re: Qora | 100% POS | Assets | Names | Voting | Automated Transactions
by
HalFinneysBrain
on 12/04/2015, 07:55:01 UTC
Why the price of qora is not raise? It is still between 6-8 satoshi. People dont know qora?

Look at the top 100 holders.  People don't want to get dumped on. 

Well, the top 2 holders are exchanges (bter is #1 and polo #2), so those are actually many people's holdings. 

The biggest holder who wanted to sell for a long time was renat0, but he probably sold back in december, the pump happened back then when his sell wall finally broke.
We dont know who the other big holders are, but if theyve withdrawn their qora from exchanges into their own wlalets, theyre probably in it for the long haul. 
I think at this point pretty much everyone who wanted to sell in the 6 sat range has sold by now. There used to be tons of big dumps, but recently there isnt much selling.