Post
Topic
Board Announcements (Altcoins)
Re: ANN] [1000 SYNC] X11|POS|ANON NITESEND|Profit share|Asset Backed Sync - NEWS
by
youngwebs
on 05/08/2014, 09:00:56 UTC
TOO EXCLUSIVE... (This is not meant as FUD just a thought provoking question, please educate me)

Has anyone considered the potential danger of this coin becoming too exclusive?  Right now approximately 90 percent of the coins rest with the top 100 addresses.  That really limits the number of people I Can trade with especialy if you consider that roughly 30 of those addys are on the 3 coin bubble to qualify for profits meaning i dont think those addys will let go of any coins..

I only bring this up as a discussion point as to whether or not the supply of coins is beneficial long term or if the threshold for profit share and whale status is set too high.

Im already deeply investedin this coin sodont get me wrong, im thinking about others trying to reach these levels in the future.  I dont want people to lose heart tryng to accumulate synvc to reach these levels.

I understand it is a balancing act obetween  exclusivity and  coin price.  Is the general thinking that coins will disperse to a wider audience oncecwe reach a 3, 5 , 10 btc price?

I know my instinct will be to hold and never let go especially once that first profit share btc hits my wallet.

So my question is does anyone see the coin supply and dispersment an issue considering the levels needed to enjoy the higher end benefits?

If so what should we do?

Bottom line... I love this coin and I want more and more people to love it too!

You literally just described Bitcoin. Shocked So judging by its success no it is no "Too Exculsive".  Grin

if you want also to be in top 10/top 100, you just buy more SYNC. There will be always sellers!, even the top 10 people at some point will sell, so you certainly will be able to gain a certain amount of SYNC. There will be always a top 10 with most coins, buth the wallets where they are will certainly move.

I expect in the future, when the price keeps rising, the spread of the coins over more wallets will increase and maybe the minimum to become a whale will reduce as well. But for now, just buy as much as you want to have. Liquidity is high enough.!