Quote from: chessfan on January 06, 2018, 01:03:04 PM

About the "whale effect":

* personally, I perceived the whale appearance since yesterday as: negative

* the last whale sighting I experienced was 3 weeks ago (Dec 13, see my old blog: https://github.com/chess-fan/thoughts ), but the net weight there was "only" 80 million. Nothing in comparison to the 2000 million net weight we had now
* when considering other small bag holders waiting "to see" something in the wallet is not good (no matter if you have the possibility for a faucet)
* my last generated block was about 23h ago, I wonder when I will make a new block... the whale(s) do not seem to wanna go away right now, we still have a high net weight.

The donations I got so far are only like 92.5k (and with the prize money for the tournaments I hold, which belong not to me: I am at 134.9k coins)
And my wallet told me yesterday I had to wait 30 days to stake... OMG

Anyways... the current donation motivation by the community do not even bring me stake-wise in a good position (before the masses/investors/chess players would join later on here).

All in all, the "whale coming" made me think:
* I could also just save me all the trouble and be "just" an investor or... use "other options"

just my 2 cents

Honestly I only own 54,000 I cannot be considered a whale just a supporter, but still waiting for these so-called whales to dump their shares so I can buy more, it's part of the industry you buy a lot when it is very low and sell when it is the right time or you are in profit, whales are those who takes the risk when others have not, they are the one who keeps the trade going..

Do you all know that Chesscoin already lost 2 exchange because of the low volume, encourage people to buy buy, chesscoin, is still a young currency so many things needs to improve early holders or whales should encourage trading or buying and improving all their platform.