Looking good guys, keep sending those ACs back in the wallets. The more in wallets, the less in markets meaning more price. And please try to improve on the english.
But the economy only spins when people are transacting with AC. Bring on the merchants?
Atm 99% BTC is held by 1% of the ppl while 0.5% own 99% of all Blackcoins hence their price. The more held will leave less to be bought increasing price and creating further demand which is what yall want. If 160mill of 170mill was held in wallets, you will see a similar boom as in the case of BC, BTC, Cinni.
Merchants will still work.
most often it was 20GH for AC at the end dropped to 10GH
every day around 1200 BTC value of AC was mined - at 0.06 BTC/MH
if short term speculation on AC market estimated as 75% of exchanges turnover ( this is rather low estimate as oil or gold market pure speculation is over 99% )
that signifies much less than 1/6 of mined AC was dumped on the market right away each day
and someone has accumulated large quantity of mined AC ?Sorry i dont understand u, can u please rephrase it using better english?
during POS ( mining ) period of AC average hash rate was 20GH at the end dropped to 10GH
easiest site to watch hash rate is
http://liteshack.com/at average 0.06 BTC/MH ( each rig gets 0.06 value of coin per 1MH of rig power per day - term used every day by miners )
around 1200 BTC value of AC was mined every day
if all markets turnover of AC was then no more than 600 BTC
http://coinmarketcap.com/volume.html and most likely not less than 75%
of this turnover was short term buying ans selling ( that is low estimate as for instance on forex markets of oil or gold short term plays without intention to hold is over 99% of turnover ) that measn that less than 1/6 of mined AC was sold right away
that means someone had accumulated large quantities of mined AC during PPOS period
hope this language more correct
Sounds excellent, more and more whales are acumlating and holding cold for the long term.