Quote from: qwizzie on Today at 04:25:19 AM

Quote from: thunderjet on Today at 02:02:58 AM

Quote from: qwizzie on August 04, 2020, 09:10:16 AM

Quote from: thunderjet on August 04, 2020, 05:36:50 AM

Talking about coin wealth distribution via number of addresses with lot of coins in it is obsolete.In the beginning of crypto market it had some sense,but today not any more.

Then how do you personally analyze coin wealth distribution and base your centralization view on it, if not through addresses ?
An analysis that should be objective and supported with data / statistics.

Quote

The more coin wealth distribution is centralized, the more it is pumped-dumped with huge amplitudes.DASH is just one of these coins. It is mercilessly trashed to oblivion,
because it is in hands of just few people

That statement of yours just sounds very subjective, without any support of data or statistics. Which is why i made my original post in the first place.

Please explain why you think Dash coin wealth distribution is centralized, when addresses (where the coins are in) in fact show the opposite for Dash. Sure exchanges will have
large cold / hot wallets, but that counts for all crypto projects and is not a reason to dismiss coin wealth distribution through addresses for open blockchains.
Not to mention the fact that 68,5% of Dash coin wealth distribution is located outside top 10, top 100 and top 1000 addresses (with Litecoin that is only 35%).

I suspect you dismiss addresses as a means to analyze coin wealth distribution out of hand, because it clashes with your subjective view of Dash. Someone most likely stated on a forum somewhere
that Dash was centralized, which you read, agreed upon without questioning and from that point you started to associate Dash with centralization.

Please show us the evidence that Dash coin wealth distribution is centralized.

With regards to Ethereum investors : what do you think those investors will do with their investments, when they notice Ethereum's netwerk getting increasingly more congested, its gas fees getting increasingly
more expensive and its dapps getting negatively affected by all that ? Ethereum's network is already at 95% utilization thanks to DeFi (mainly due to massive Tether ERC-20 transactions traffic) and there is no short term
solution in sight.

Link : https://cryptoslate.com/vc-ethereum-has-negative-network-effects-needs-scaling-solutions-now/

ETH 2.0 update is launched in phases and its first phase (phase 0) will offer no scaling solution (it just focus on setting up a PoS sidechain and initializing validators). Phase 1 & 2 which focus on
sharding as scaling solution, are years away (ETH 2.0 is a multi-year 2020-2022 update). Even launch date end of 2020 for phase 0 in the ETH 2.0 update, is just a soft target launch date.

Because Iam carefully analizing moves in blockchains of few biggest and some smaller coins for years,I noticed shift during and after last big bull market in 2017.Every single coin was controlled by no more than few people/groups. By control of coins, I mean these people has enough coins in theirs possesion to do what they want on the market.Some of them are connected via different coins,some are not.During and after last bull market,I called them "superwhales" started to dilute theirs coins more and more.One particular "hyperwhale" sent 10000s of BTCs on exchanges 1-2 days before major ETH moves.One reason for that is that they noticed that theirs transactions is not even close so stealthy as they thought,the other is connected with security reasons - that was the time when more and more KYC and AML regulations started and different governments agencies started to show more and more interest in tracking transactions.So,when Iam talking that you cant talk about wealth distribution of coin via how much coins are concentrated in few biggest addresses is not some mine subjective thinking based on thin air , it is just empirical result of mine experience of tracking coins through blockchains for years.You can find some articles about it on Internet from the people who do same thing as I. Today wealth distribution through addresses gives people only false impression about major decentralization.Nothing more.Iam not thinking that major wealth centralization is valid only for DASH,but more or less for all coins.

Though "superwhales" diluted theirs coins,their market behaviour stay the same.They are playing on market on the same way as before,one twist here and there,but one thing never changed - the more coin wealth distribution is centralized the harder pump/dump occure.Today, only way to know about real wealth distribution of coin is its market behaviour.When some coin supply is significantly decentralized, it is extremely hard to make some quick pump/dump.Without enough supply in the hands it is suicidal.Price rise or fall looks more like streched out sine wave.Good and bad news and coin developpment progress also had influence.

But,when the coin is heavily centralized,level of centralization is correlated with the speed of price rise or fall.More centralization, bigger the speed of rise or fall,because there are much less pressure from other traders.They simply have not enough power even to slow down superwhales.Also ,news and coin developpment has no influence on price at all which is impossible if the coin distribution is truly decentralized. When the coin goes down there are no good news or developpment progress which can stop it. Also when it goes up,only some major exchange massive theft can make influence on price.We all saw many times crazy volatility in crypto world on a scale unbeliveable to ever happen on Forex or even stock market,except in the case of penny stocks.Massive volatilty on crypto market means that market is very shallow,so that only one big whale in such shallow sea can make tsunami waves.Dash market is very ,very shallow,just look at buy/sell orders which are so thin even with 10x leverage.

About ETH - congestion is result of coin major sucess and every coin with such level of growth would face probably even worse congestion.BTC had it also,but ETH has much more tools to solve it.DeFi bubble is ready to burst soon and though some people are talking about these tokens as altcoins,I dont think the same.It looks more like ICO 2.0 version.As I said before,I think that Dash has more potential than ETH which was really messy(and still is),but problem is that major DASH holders does not know/want to play on long shot,but just to make quick buck through pump/dump coin trashing.Such behaviour can destroy even the best project.

i am asking for an analysis that should be objective and supported with data or statistics and this is what i get back ? Seriously ?
Your whole post can still be summarized as subjective, nothing more then a personal opinion. You are still failing to show us an objective
analysis supported with data / statistics on how Dash coin wealth distribution is centralized. And no, stating that you 'have carefully analyzed
moves in blockchains of few biggest and some smaller coins for years', does not count as an analysis that is objective and supported with data or statistics.

I showed you an objective analysis supported with data / statistics that Dash coin wealth distribution is decentralized (almost twice as decentralized as Litecoin).
Source : https://bitcointalk.org/index.php?topic=421615.msg54898722#msg54898722
You just keep throwing back personal opinions and seem to focus more on the whole crypto market then on Dash specific. Lets keep this Dash specific.

This is what our discussion is about :

Quote

The more coin wealth distribution is centralized, the more it is pumped-dumped with huge amplitudes.DASH is just one of these coins. It is mercilessly trashed to oblivion,
because it is in hands of just few people

Show me the statistics / evidence that Dash coin wealth distribution is centralized and we can discuss this further.
Otherwise there is really no point at discussing this any further.

Talking about wealth distribution through coin addresses comparison is long abandoned way.That is not only mine opinion,but fact confirmed by other analyists too.Take a look at some reports about it,but I guess that it is impossible for someone who does not want to see ugly truth and blindly defend undefendable. Dash is heavily centralized like majority of coins.Some more, some less. You want me to give you some hard proof,connecting millions of different addresses.Seriously? It was possible about 2-3 years ago,now only for people who has specialized software,like government agencies.

As I said before,where is truly decentralization, there is organic,stable growth.Quick pump/dump or so call coin trashing is not possible.Iam working on market analysis for a long time and I know for sure that level of volatility is always linked with significant level of wealth centralization.Dash is good project,but unfortunately trashed mercilessly like rag doll by Dash big whales. Just look at almost empty buy/sell orders.Even with 10x leverage it cant get more than 15-20 BTCs.Before, it was only few BTCs on orders.A year ago,without heavy leverage,DASH buy/sell orders were in 100s of BTCs.

Even memecoin as DOGE has buy orders 30x greater than DASH.With such quality of project,50% coins tied in masternodes and very low supply(12x less than ETH),DASH price should be at least double bigger than ETH.So,why it is 5x less? Obviously ,coin is abandoned by large majority of investors,money left the coin.Is it success? Today situation is consequence of heavy trashing.Cant trash coin forever without serious consequences.So,please continue to believe that DASH is controlled by the people and for the people.