Quote from: Tash on August 02, 2015, 08:50:46 PM

Quote from: illodin on August 02, 2015, 05:51:58 PM

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:

Quote from: fluffypony on August 02, 2015, 04:19:01 PM

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 ... it's the same as the 2 million Dash, no worries at all, clear sailing.

It is impossible to know -- in both cases -- how the coins were or weren't redistributed, especially if we believe the anonymity works, so this is a baseless claim.

Quote

coin is 3 years old and dumped heavy early on

The claim of it being 3 years old is as phony as a three dollar bill and even if it weren't there was no certainly established market "early" and the coins couldn't have been "dumped heavy" on nonexistent markets.

If you are making all these bogus statements, you clearly have an agenda. What is it?