Quote from: brokedummy on March 24, 2014, 05:18:05 PM

Quote from: Infectiphibian on March 24, 2014, 04:54:33 PM

Quote from: chesthing on March 24, 2014, 04:40:25 PM

Well, before they can buy bc they need to take the shitcoin and trade it for btc then to bc incurring 2 trading fees. It makes more sense to mine with a multipool that mines shitcoins for btc, then you get a choice whether/when to buy bc. I think the idea was stupid from the beginning, not sure how to explain the enthusiasm shown by the current pump.

The whales aren't done yet pumping. I keep watching the top BC wallets grow and shrink buy millions of coins each day. One wallet grows to 4 million BC, then drops to drops to 1.5 million. Later in the day it is back at 3 million. The link below is the blockchain explorer for the top 100 wallets.

http://agran.net/bc_getbalance.php?top=100

Don't get your hopes up, this is probably just the exchange moving between hot and cold wallets. Most of the top balances are probably exchange wallets. Each exchange can have any number of wallets really.

I am speculating a little bit, but most of those top wallets have been up since before BC was on an exchange. Everytime I see the price drop, a few of those wallets go up in value. My assumption is that the price drops when these guys are done playing for the day. If they are cold storage wallets, I can't believe there is that many people leaving their money on exchanges still.