Post
Topic
Board Altcoin Discussion
Re: Proof of Weak Hands explained [P3D]
by
kmkfan628
on 29/03/2018, 13:45:30 UTC

its all good when people are still putting in new money to keep this afloat, but when those 2% and 3%'s go to sell 20,000 tokens at a time the price will tank to a point where any dividends are negligible and you are only able to get back a small percentage of what you put in.


You do not like YT promoters with referral link taking no risk, this is understood and probably most will agree on this but isn't this another debate ? Obviously you did not grasp the whole concept perfectly here, dividends are based on ETH going IN or going OUT of the contract, so your reference that the price will tank so much after 20,000 token sold that any dividends are negligible, well...makes no sense at all imo.  

 your English is kind of wonky, im not sure what you are trying to say at all right there...i understand how the dividends work. they are done in ETH, not in tokens, unless you choose to reinvest. you can compute exactly what affect you yourself would have on the price if you sold by multiplying the number of tokens by the .00000001. so the point was that you will be sharing the amount of dividends you receive based on how many tokens you have. sure it would be nice to get some dividends, but if a group of people sells a large amount of tokens the price will crash, and not only are you going to lose your 10% from withdrawing but you will also have lost a huge percentage of your initial eth as well.