Quote from: Mrboot on December 08, 2016, 10:52:40 AM

Quote from: Mrfrismint on December 08, 2016, 10:15:10 AM

Quote from: Mimir on December 08, 2016, 09:37:30 AM

Quote from: Mrfrismint on December 08, 2016, 09:10:10 AM

what is your opinion about the fact that such an amount seems to be so centrally owned by a hand full of people

For one I'd be terrified if people in the company didn't own some FCT. It provides incentive, you should hope they own as much as possible.

Secondly, you are ignoring the fact that the top account is worth 5X the second account. It's widely assumed to be the Poloniex cold wallet. Now where are the other exchange wallets?

Thirdly, It has no underlying PoS, large bagholders present no threat. FCT isn't made to be a currency that transfers wealth, it's a software license, by holding FCT you are expecting that people will use the system to make entries.

I think you are right. first one is Polo of course. Second could well be bittrex. Other bigones are likely some Factom founders. They won't sell early anyway. For the rest is pretty spread out. By the way. suddenly a massive buy wall is forming on Polo... I expect a big swing up today and pretty soon.

Becareful with big buywalls, they can have two reasons.

1) He is lazy and actually wanna buy.

2) He wanna sell into the people putting buy orders above him.

Cause if you wanna buy that much you should never do it like this, cause people will just keep putting orders above you.
So i guess the second option is my pick.

Doesnt change the fact factom is great, but still its strange to buy like this cause you make it harder for yourself to buy cheap.

I was thinking that too. and indeed.. big sell there... lol. hope it stays low, cause tomorrow i have some funds again ;-)