You are viewing a single comment's thread from:
RE: WTF is IOTA and why is it #7?
Market cap is not a suitable measurement. I could launch Tweety coin with a billion zillion coins premined and sell my counter ego one for $1.
Boom, #1 in market cap.
Market cap is not a suitable measurement. I could launch Tweety coin with a billion zillion coins premined and sell my counter ego one for $1.
Boom, #1 in market cap.
I guess what I'm really concerned about is how just about any project can get a hype from the spotlight on that popular site and do nothing to deserve the attention.
Is there any way to see who is holding the coins? There was a scam coin 1337 last Friday with such a page. Everyone piled in on Friday night before the "next halving." Price went up 150% that day, and then the large whales sold their holdings. I wouldn't want to invest in anything where I entity hold a third of the asset.
I see some discussion rooms upon deeper examination, you may get some people to disclose their identities there but I doubt it.