Who cares how many coins have the developers? Even if 99%. The value of the coins is not in the holders!
Seriously?
*IF* - I have no idea - *IF* they hold 99% of the coins it makes them worthless.
Currency is oil in the engine.
No oil, the engine freezes solid and the car goes nowhere, it stops.
Without liquidity and free movement of a currency, it is worthless.
If the currency supply is limitted, the price *should* go up, but only once it is in circulation.
Holding 99% of the coins and depriving the market of circulation means it becomes worthless.
It's at 1500 now, from 1800 earlier.
more sellers than holders
guys, i wish ie and his minions would just go away already. he's unwanted, just like his imagined wall street event.
let's face it, in hindsight the pump and the dump were forthcoming as a result of IE's involvement. the guy is pure flash and no bang. or IF there's a bang, its the type that blows up in ur face for following his lead.
he plays the market, he plays us. the smartest among us will indeed learn to identify IE's signature moves and ignore. he's the unwanted child of crypto, i see it now. too bad it's hard to predict how others will react. else i could have made a killing in the markets rather than end up just where I started.
IE, u may be a total nutjob and a perfect egotist, but u sure know ur shit. ur very effective at it. if that's how u rate success, then u are the most successfully effective egotistical nutjob in crypto, bar none. congratulations. u deserve the recognition.
