In my opinion it is dangerous to invest in BBL because nobody knows the number of bagholders and the amount they own. A current total of 2.2m BBL creates market cap of about 145 BTC, it is debatable if this is reasonable or not but fact is that few people mined at least 90% of currently available coins: 1,800,000 coins mined on low diff in 18h.
For a serious investor, even a gambler this is just an unacceptable risk.
I have nothing against the coin, but IMO the launch was unfair to an extend that I would advice against buying at the moment or anytime soon.
Richlists also cannot prove an even distribution since most coins will be on an exchange and big bags can be divided over many wallets.
Of course, if I would hold a bag myself I wouldn't want too much attention to this, so I understand there are people defending the situation.
I would say, don't take anybody's word for anything but take a moment to research the known facts by yourself, use some common sense and you will be ok : )
For a serious investor, even a gambler this is just an unacceptable risk.
I have nothing against the coin, but IMO the launch was unfair to an extend that I would advice against buying at the moment or anytime soon.
Richlists also cannot prove an even distribution since most coins will be on an exchange and big bags can be divided over many wallets.
Of course, if I would hold a bag myself I wouldn't want too much attention to this, so I understand there are people defending the situation.
I would say, don't take anybody's word for anything but take a moment to research the known facts by yourself, use some common sense and you will be ok : )
A few people? Define few? There were about 40-50 individuals mining on my pool quite early on, let alone other pools, and solo miners - and with the trading volume increasing, that number will only increase.
