Maybe the joke is on us? Price already dropping. Kudos to him!
Well, it did go up a lot in the past week(s). But I noticed the same, it started dropping at about the same time this address joined.
At the price he joined at, he's looking at $3 million in Byteball on Friday. It's a flaw in the way the airdrop works, but I can't think of any way to prevent the huge windfall to rich Bitcoin holders either.
Imagine this scenario:
If one person (let's call him whale) gets enough bytes to sell through all buy support at bittrex, it can potentially decimate the price. That would be an opportunity for others to buy cheaper bytes, but we all know the whale will get the same amount next month. If the price goes up, he'll dump again, making it a very bad investment, so there's a strong motivation against buying.
This is of course pure speculation, and a whale didn't become a whale by dumping his Bitcoins. He could very well HOLD his bytes too. The problem is: we can't know what he's going to do. All we know is one guy gets a much larger share than even the creator. Tony gets a very moderate 1% of all bytes. In my opinion, the modesty of the developer is more or less wasted if whales get a larger share.
