Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
Also ~842000 XCP are still in burning address. Maybe count few thousand wrong but about 840k.
Because this not have sold or even moved so far we can wait that all own someone/s from 84. biggest owners.
When total balance is 2634744 XCP this means 84 richest+burn address coins is 1317372 XCP+842033 XCP = 2159405 XCP.
2159405/2634744*100= 81.95% of coins own someone from top 84 address... Maybe even more, I am not surprised if over 90% of coins owns someone of this 84 address... What this mean for markets and price in future are interesting
IF something big happen...
The whole bid side on poloniex, which is the main exchange of XCP, is less than 15 BTC, and the daily volume is at single digit. That's the reason why no big player is intested to move coins and sell them, cause they cannot liquidate their holdings without push price to almost 0. Because this not have sold or even moved so far we can wait that all own someone/s from 84. biggest owners.
When total balance is 2634744 XCP this means 84 richest+burn address coins is 1317372 XCP+842033 XCP = 2159405 XCP.
2159405/2634744*100= 81.95% of coins own someone from top 84 address... Maybe even more, I am not surprised if over 90% of coins owns someone of this 84 address... What this mean for markets and price in future are interesting
IF something big happen...