While I'm sure some will complain, I think you made the correct decision to publish. This is a threat that has hung over clam since its inception and any other coin that mimics its distribution method. It will be interesting to see how clam community reacts to the first "dig whale".
We've had big digs before, and the market swallowed them up pretty well. But this one looks like it's going to be considerably bigger. Time will tell I guess.
The problem with this is that the bag holder won't be an idiot, he'll wait for the price to go back up. This discovery is going to significantly hinder clam investment in the future and is ultimately an issue with the distribution strategy.
"Everyone with a BTC address gets 4.6 CLAM" sounds like a good, fair distribution.
Unfortunately the implication is "anyone with 100,000 BTC addresses gets 460,000 CLAM", which seems a little less fair.
It's going to be hard to know whether he has dumped at all now that others are presumably dumping too.
We've always known there were around 15 million CLAMs lying around waiting to be dug up. I guess in a sense this 3% is nothing compared to what could theoretically happen.
this means you extracted loads of free CLAMs now ?
Me? No. It means someone is digging up a load of free CLAMs. But it's not me. I'm left holding a buttload of CLAMs that are worth half of what they were worth a week ago.