Quote from: rikkejohn on September 09, 2014, 12:29:12 AM

Quote from: rpietila on September 08, 2014, 10:01:16 PM

Quote from: rikkejohn on September 08, 2014, 09:46:42 PM

Are there any Whales in Monero?

Maybe, but the term is used so readily. Mark Karpeles was a Whale, someone that could affect big markets on a whim (or scam).

Maybe these Whales spoken of today are people with a fair amount of money, but really nothing more than sharks in a big pack.

This thread stays on 4 pages forever. i wonder why?

A whale in Monero would be one with at least 50k XMR, we have about 7-10 such players. Monero differs from some coins in that for the big holders Monero is still a portfolio investment, they have not gotten "rich" via Monero. They were wealthy, and put the required BTC200 and now own Monero. If you are dev-rich, you don't have other wealth and are not a "whale".

Bitcoin is bigger than the players. Monero, at least now, is smaller than many people who are playing it. That makes it interesting.

like party for greedy people? I guess this is a project for people that made money by doing nothing very much in 2011.

There are some true believers here, but you're right, some guys who made a load of paper wealth through nothing more than luck and good fortune hearing about bitcoin earlier than others do seem to think that their success was actually due to their above average investing abilities. A bit like taking investment advice from someone who won powerball jackpot lottery.