Quote from: Michael Humis on May 04, 2014, 12:53:32 PM

Quote from: rudius on May 04, 2014, 12:33:01 PM

Quote from: GREEDYJOHN on May 04, 2014, 11:08:10 AM

DEV should have kept at least 3m YC for himself. This way, he can set up price walls on major exchanges, so that YC is NEVER UNDERVALUED.

Explain to me how dev could set buy wall with 3m YC.

To put some buy wall you must have BTC. With this many YC, he can only put sell walls. 3m YC is 11% of currently available coins. This is a huge financial power for the coin. Nobody with half a brain will invest in it.

You are correct. No need to bother him. He was just trolling.

I WAS SERIOUS. With 3m YC, you can manipulate the market, if you also possess bitcoin. This is not relevant anymore, because DEV only has 750,000 YC from the premine left.