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    Author Topic: [ANN][CASH] Crypto CASH | Proof of Stake & COIN CONTROL | On Cryptsy | 0 PREMINE  (Read 248284 times)
    Vlad2Vlad
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    July 31, 2014, 08:10:57 AM
     #2661



    Do we have any large holders here?  Like anything over 10%?

    Given I don't mine and I paid up to 1,800 for a lot of my coins, I still easily bought 120,000 CASH which was around 3% of the outstanding CASH.

    It just dawned on me that many people mine and if one was also inclined to purchase CASH at these ridiculously low prices then reaching 10% should be very easy to do.

    Also, worth noting, given CASH has been mined for about 8 months now and it has also been cheap to buy, it also means the coin has been distributed very well, especially compared to the latest fad, 1-7 day PoW schemes.

    I'm asking cause if we have a few large holders here I would suggest to place your sell orders much higher, like above 50,000 Satoshi, that way we don't kill any potential rally.  

    I have my sell orders around 50,000 and another one at 77,777 Satoshi so consider my hoard of CASH off the market which should help create a supply shortage when demand kicks in - well, if we manage to significantly reduce the subsidy and max cap by then.

    Let's work together to not only build a better, more successful coin, but also create a consistent value inclined atmosphere by properly managing supply with incoming demand.

    Cheers!

    iXcoin - Welcome to the F U T U R E!
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