What do you think about Stellar?
This coin has doubled his value in 1 month about!
What are your prediction for 1 month, 6 months and 1 year?
More distribution will com to the stellar and it will affecting the market and make the price will get doomed again. The free distribution for the bitcoin holders. it's not good in my mind.
widespread distribution is actually a good thing.
But yeah shortterm it might hurt the price a bit, but those ppl who just sell their " free coins" are not good investors and just take any free money like ETH Holders did with Ethereum classic.
Think before selling coins.
You could argue the same about Byteball or basically even Bitcoin in the beginning was "free coins"
So basically once you have the coins, they belong to you and any trading decision influences your portfolio.
The thinking of just selling "free coins" is very newbish.
It would be the same argumentation with yeah my coin just increased 100% in value so I sell half and now I am free rolling.
Yes you are from your original investment standpoint, but this is not any good expected value thinking at all.
Missing gains is the same as loosing value for good traders/investors.
Besides, I think Stellar has the same tech like ripple just better distribution, so I really think the bitcoin linking distribution actually is a good thing as more and more people take part at their network effect.
That's the reason Byteball decided to take this path, because tony thinks bitcoin has the best distribution of all coins so far.