Id like to ask a question with out being insulted or battered on topic ...lol
Where do you see in that chart that 1 person holds 50% of all the coins? I see a lot of wallet bubbles with the top ten being largest of course, but with different addresses. Most of them are in the 30K range or less.
thanks!
This is where a single address held ~200k coins:
https://chainz.cryptoid.info/bst/address.dws?BM8G58DvdWpeJyvbbB5H23sLsDm7EwQEPS.htmThis was already posted a few pages back by someone and didn't attract any attention, which was the point of my post.
That 200k was then split into multiple "bubbles". You can still see that top 10 addresses hold >50%. I hope someone with enough time on their hands can dig up the transactions to show if that 200k ended up in those big bubbles, or on Bittrex, etc.
i see now, thanks.
But why do you assume it is one person?
Couldn't it be an investment group or something along those lines?
Ok, let me rephrase: a single entity. Doesn't really make any difference. Actually if it's a "group" that makes it probably more dangerous, less predictable, etc. But that's not the point.
Someone acquiring this amount of coins reeks of inside knowledge. Therefore negating the "no-premine" argument being repeated by BitStoneDev.
Even if it's not an inside job it's still a huge risk to bagholders. Even 10% of that amount would pretty much destroy Bittrex order books.
Even if it's not an inside job and doesn't get dumped in large quantities it's still a risk to the network - that "entity" could likely fork the coin at will.
That's just a few red flags from one address. How many flags would you say is the minimum to consider that something might not be entirely above board?