Post
Topic
Board Announcements (Altcoins)
Re: BiblePay - New Coin Launch - Official Thread
by
enervey
on 06/09/2017, 04:07:28 UTC
I was doing a little research in the BBP Explorer and I'm somewhat worried by the current wealth distribution.

The top two addresses each hold nearly 10% of the supply (12,509,890 and 11,585,552)

http://biblepay.inspect.network/richlist

Based on the transaction amounts in those addresses I would assume both are big miners.

There isn't nearly enough liquidity on C-CEX to sustain large sells if either of those addresses decided to dump...

There also must be some serious equipment working for those addresses to have that many block rewards.

I'm a long-term holder so I'm not going to panic but I thought it should be mentioned here for your input.