Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FedoraCoin (TiPS); New style, new services, same unique features
by
id10tothe9
on 19/10/2014, 14:03:19 UTC

Ok guys ,sorry for my bad english  Grin .

This is the situation ;the second billionaire  ( http://richlist.chainexplorer.info/ ) is selling many billions at 7 Litoshi (like 6! OMG ) , I don't know why he wants kill TIPS market but he's doing...I hope you read my post and stop,aaand I invite all billionaires, to NOT sell before 1 Satoshi or 100 Litoshi !!!
Again, if we want to attract big  investors and developers , we need an higher market cap ,simply  Wink



actually what worries me is how big those first few wallets are. I mean almost 20% of all TiPS owned by one persone! and another 10% by another! so we have like a third of the entire (future!) TiPS cap owned by max 3 persons!
seems very unhealthy and worrying. this is the kind of stuff that scares other investors away. isn't that a problem, what do you think?
Also if we would switch to a POS algo, the first wallet which has now 40% of the actual coin count would grow proportionally if he staked and would still own 40% of the coins after all have been mined. I would actually welcome those whales to sell their coins now to make a better distribution!