To be fair to the troll it is a bit underwhelming on here.
I am confused daily why the vol on Polinex is like 5-10 BTC while coins like Monero have like 400BTC vol?
In case of Monero, external resources are poured in a form of mining.
And this acts as a
downward pressure in price. That can explain a greater volume on exchanges.
On the other hand, Qora has no external resource to be poured, and the only way to get Qora is to directly buy it on the exchange.
This makes Qora so easy to be
high in price, without the need to struggle against dumping by a lot of miners!
I think this is a major advantage of 100% proof-of-stake coins.
Possibly. So many people quoted my comment like it was some attack on Qora. I was just saying vol is so low for such a great coin. Price had nothing to do with it, just wondered why people were't rushing to buy yet.
Can we stop the idea the distribution is bad myth?
http://coinia.net/qora/blockexplorer.php?top=100That is better distribution than NXT or even Bitcoin.
one of the big holders is probably an exchange too. Maybe the distribution is too good, maybe we need a whale to sell Qora. The price is very stable now, never goes below 50 sats.