Hi people, congrats on the price increase, it reflects the hard work of the team.
I was thinking of moving some of my BTC into Dash. If so, it will be for the long term rather than just to make a quick buck.
You have interesting things happening i see! But I have some questions over who the large stakeholders are and what % the dev team hold? And the impact of the new expensive ASICs? I'm worried that the bulk of the wealth may be in the hands of the few. I would appreciate some quality feedback, views, hopes. Good to see Charles having his say,
Warm wishes
Paula
i think evan said all core team members (including himself) owned around 10% of the current supply, that was several months ago.
if you are comfortable with btc's distribution you should be happy with dash. satoshi has 1 million+ btc and hal 1 million+ and a handful of other people own millions of btc from the early days.
afaik user otoh is the largest dash holder with around 400k dash but i think he said he sold some. evan is probably the next biggest holder with 200k+ but you would have to ask them again as that was months ago.
i'm more concerned with btc's distribution than dash, i'm concerned a btc whale could cash out and crash the btc price along with the dash (and all cryptocoins) price. i grow less concerned every day that passes but it is still a concern.
one reason i sold most of my btc for dash long ago was because it was just sitting there doing nothing and dash was earning over 15% at the time (now 10%+) with masternodes. now with instantsend, privatesend, governance, funding, evo and everything else i have no plans to sell any of my masternodes.
