have you ever held a stupidly high percentage of a coin's total supply?

[European Central Bank]

and this isn't for the developers to answer. we already can guess that.

i've been reading up on NXT recently and it seems that there were a few people who got over 5% of the total supply from its ico.

have you ever been a proper alt whale? there must be some people out there who've gathered up crazy high proportions of coins when they were worth nothing.

[1714770552]

1714770552

[1714770552]

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[1714770552]

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[cryptohunter]

and this isn't for the developers to answer. we already can guess that.

i've been reading up on NXT recently and it seems that there were a few people who got over 5% of the total supply from its ico.

have you ever been a proper alt whale? there must be some people out there who've gathered up crazy high proportions of coins when they were worth nothing.

Quite high ,, but they are worthless alts now. I wont say which but I've had over 2-3% of a few alts.

That is nothing though there are people with 20% or greater of certain alts.

Some of the NAZ investors held 20 % or more

Big whales often scoop up 10% of random alts ready to the days to super pump it or genuinely try to revive it for profit.

[Febo]

I heard one guy hold 1.5 million DATABITS. That is like 7%.   Databits will be currency in that SharkTank South Africa AUGMNTORS game.

Having 1% of any coin is just insane. when you reach 0.1% you should start using brain and stop.

[Leonard2016]

the only people who can answer "YES" to this question are either the coin creators who premine the shit out of their coin and hold like 90% of the supply or the whales who are manipulating the price and hold a large portion of the coins, mostly the shitcoins at higher than 50% percentages. and none of them will even answer and reveal themselves!

the rest of us small traders who you can find on bitcointalk are never stupid enough to go that big in an altcoin that is going to cost us a lot.
and besides i believe that if you can buy a large portion of a coin's supply that means that coin is not really worth investing in! price goes up when they have a good distribution and a good adoption.

[Ayers]

and this isn't for the developers to answer. we already can guess that.

i've been reading up on NXT recently and it seems that there were a few people who got over 5% of the total supply from its ico.

have you ever been a proper alt whale? there must be some people out there who've gathered up crazy high proportions of coins when they were worth nothing.

it's too dangerous to hold such amount, the best i had was 0.1 with soem enw coins, but then was quickly 0.01 and lower, if suddenly the volume crash you are there baghoding useless shit coins, i prefer to have low amount among many coins than focusing on a single one, but if you are lucky with that single one you can be millionaire with such crazy holding

[thejaytiesto]

the only people who can answer "YES" to this question are either the coin creators who premine the shit out of their coin and hold like 90% of the supply or the whales who are manipulating the price and hold a large portion of the coins, mostly the shitcoins at higher than 50% percentages. and none of them will even answer and reveal themselves!

the rest of us small traders who you can find on bitcointalk are never stupid enough to go that big in an altcoin that is going to cost us a lot.
and besides i believe that if you can buy a large portion of a coin's supply that means that coin is not really worth investing in! price goes up when they have a good distribution and a good adoption.

You never know when a coin is going to get pumped into ridiculous volumes by whale groups, so those that are holding coins since the beginning are able to cash out slowly over the next weeks, even if peak is already lost, the price will be much higher than baseline due organic growth after attracting new investors, so you are able to cash out slowly without crashing the market.

I've never been a whale, I would like to tho. Im sure the people that bought PIVX worth cents are now celebrating. That POSW coin seems like a decent gamble to try to do that, they got their own exchange so worst case scenario you'll still have that place to exchange the coins (no risk of total banishment due delisted everywhere)

Just hold the damn right coin and get rich, we all dream about that.

Hopefully a strong new project can make us rich, until then it's all a gamble.