Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
Tash
on 02/08/2015, 20:50:46 UTC
Just in case there's someone who doesn't already know - Bytecoin was mined 82% before it was publicly announced. When the insiders hold 82% of the coin there's ever gonna be it's pretty easy to pump it.


And about Bytecoin being anonymous:

Doesn't count as anonymous because 80%+ of the utxoset is owned by entities who mined them before it became public and global, which means that those entities can deanonymise pretty much all future transactions.

Marketcap is irrelevant as it's easily inflated (doubly so when all you have to do is slightly bump the price due to the massive amount that's already emitted).
Those coins mined early have all been sold and redistributed already (coin is 3 years old and dumped heavy early on) it's the same as the 2 million Dash, no worries at all, clear sailing.