Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.4 Released MANDATORY UPDATE
So I was looking at the list of richest doge addresses ( http://bitinfocharts.com/top-100-richest-dogecoin-addresses.html ), and came across these two odd ones:
#1 http://bitinfocharts.com/dogecoin/address/DU4wp32x4kvHHqnhPXJ1LnzsS48LedJvbi
Note that it's just sending 1 M doge in and out all the time - it looks kind of like a script, but it makes me wonder if it's a bad one, since the total amount of Doge seems to be going down over time.
#3 http://bitinfocharts.com/dogecoin/address/DDTtqnuZ5kfRT5qh2c7sNtqrJmV3iXYdGG
It's just receiving 10 M doge constantly. And that's it, no withdrawals. The only thing that varies is the time intervals. It kind of scares me to know that so much money is tied up into these accounts, and what would happen to the exchange rate if they decided it was time to cash out.
#1 http://bitinfocharts.com/dogecoin/address/DU4wp32x4kvHHqnhPXJ1LnzsS48LedJvbi
Note that it's just sending 1 M doge in and out all the time - it looks kind of like a script, but it makes me wonder if it's a bad one, since the total amount of Doge seems to be going down over time.
#3 http://bitinfocharts.com/dogecoin/address/DDTtqnuZ5kfRT5qh2c7sNtqrJmV3iXYdGG
It's just receiving 10 M doge constantly. And that's it, no withdrawals. The only thing that varies is the time intervals. It kind of scares me to know that so much money is tied up into these accounts, and what would happen to the exchange rate if they decided it was time to cash out.
I would not concern yourself to much with that amount, I have made several such transaction in the last 24 hrs, it is a nominal
amount in the big scheme of things
Nothing would happen in the long run - because they are not the 100% owners of the doges... yes- it could fall for a while, but in the long run - they would sell - everyone else would buy them out and in a short time - we are back on track - TO THE MOON