Quote from: wachtwoord on September 14, 2016, 01:19:45 PM

Quote from: Azael on September 14, 2016, 12:26:10 PM

Quote from: OrangeP on September 14, 2016, 12:03:44 PM

Quote from: Azael on September 14, 2016, 11:56:28 AM

Quote from: OrangeP on September 14, 2016, 06:38:41 AM

Thanks for pointing that out. The devs must be stupid not to have at least hundreds of thousands coins or more stored.

Most people sell after their investment or whatever is up several times what they bought for. There's a reason why people like Roger Ver became "famous" you know? Not many have the bravery to hold after a massive increase and generally speaking most of the time they'd be right not to.

I simply cannot believe that super smart people like the Monero Devs did not take any chance of accumulating a good amount of coins themselves.
There is nothing wrong about that in my opinion.
They have/had the perfect circumstances to buy coins when they were cheap and also know the upside potential. (therefore not sellout everything)

If Monero continues to rise and one of the Devs missed out I'll gladly hook them up with some coins..

Seems likely that some Bitcoin core developers don't own that many Bitcoins either. I don't care if they do or don't.

One could argue that hoarding the coins yourself could have an negative impact on the development of the economy perhaps not even allowing it to grow. Sometimes less become more like with equity.

That's bullshit. The incentives should be aligned.

I know the Keynesians have tried to brainwash you but hoarding is never bad for the economy. That's a retarded notion.

It is not that simple and one dimensional in my opinion.
It depends if the merchants are holding Monero or using it as a mere token.
If they hold Monero (or pay to their suppliers in Monero), it might be good for Monero economy to let the coins circulate.

For instance, if you sell me something for 2 Moneros which cost you 1 Monero and you are not dumping your 2 Moneros, you were creating value to the marketcap of Monero [I have to buy 2 Moneros (instead of 1) from the markets to get the good I bought from you].