Post
Topic
Board Altcoin Discussion
Re: NXT Ought to be Taken Seriously
by
bithic
on 18/01/2014, 02:27:44 UTC
A billions were released by an insider team via exchange even before the code was open sourced.
Scam scam scam! Dont understand how people fall for this.
Its biggest scam in the history of crypto currencies.

If approximately 1.5% of accounts own greater than 60% of all bitcoins, by your logic, how is bitcoin not a scam? If you can explain to  me how that distribution is fairer than Nxt, I will believe that you not an absolute idiot.

hey can you give a me a source for that? if its true than i think nxt has already surpassed bitcoin in homogeneity of distribution Grin

According to the stats on http://bitcoinrichlist.com/charts/bitcoin-distribution-by-address?atblock=275000
1.18% of all non-trivial bitcoin accounts hold 68.89% of all bitcoins.

What I mean by all non-trivial bitcoin accounts is all those with more than 0.001 bitcoins. All accounts with more than 100 bitcoins make up only 1.18% of this total, yet they hold 68.89% of the wealth. So the overwhelming majority of bitcoins is controlled by the top 1.18%, and that's after 5 years of distribution.