Quote from: id10tothe9 on October 19, 2014, 02:03:19 PM

Quote from: DarkVenu on October 09, 2014, 08:44:24 PM

Ok guys ,sorry for my bad english Grin

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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!

You just rang my bell.

Normally those big wallet is exchanger but after i count it, only Cryptsy qualify to hold such amount, but i doubt all of those is them.
Right now Cryptsy' sell depth about 11b, and Bter only 2b, others are below 100m

So POS is not a good option, and those whale is not willing to sell any if the price is not their favor.
More scare me is if they DUMP it.

I think if we want to know them, we have to create another V2 Tips, a new wallet not a fork, and made a procedure to convert
They will act and move the balance, so we may know is it a dead wallet or just a big investor that have faith in Tips and not willing to sell below 10 lit