Well Maarten, I am disappointed. I was expecting just a guess, a generous one at that, but, as I now have discovered, the uncomfortable questions, you simply avoid them as if they were never possed, hoping the blind by greed sheep will forget. Some, of course, do; others, more discerning, as you can see, not exactly. And, like I told you yesterday, as the volume, price and market cap continues dwindling, as more miners leave and as the discerning ones start going for the exits, it will be even more apparent.
But I, of course, don't forget. And as I promised I'd do yesterday, I am going to come with the REAL numbers, so there's no way to hide. I have to admit that I find quite peculiar the lapses in memory and perceptions of some no doubt well intentioned people that have posted here, at least two or three of them... and yet, even with the best of intentions, their memory of what happened just about two months ago is quite deplorable. In the beginning of the "mining period" it not only wasn't difficult to mine BC, it was extraordinarily easy. I have stated several times than somebody with a decent equipment has posted that in 8 hours he mined 520,000 BC. Somehow that was considered outrageous by even those who were there... amazingly, I repeat. The facts are that in the first three days of mining of BC, 40 to 50 million Blackcoins were mined. Let me repeat that so it will be quite clear for everyone: In the first three days of open mining of Blackcoin, 40-50 MILLION blackcoins were mined. Now, we know that Eugene and his "team" were quite prepared for the launch of the coin and the mining... how doubtful are you now, with this information on hand, that the DOGE had 25 million?
Take a couple minutes to digest the previous paragraph. And since it is so easy to anticipate your -and many other- thoughts and natural rebellion against the evidence and the facts, let me tell you this right now, beforehand: I have the evidence that proves that repeated statement in the previous paragraph. I know it will be demanded and it is at the ready.
Have a lot of those coins been already sold? Of course. A lot. But if we take that "the team", "Corleone team", as it were, may have had their hands on 25 million of those, that is a lot of dumping. How much has already been dumped? That I don't know -but it isn't impossible or even hard to find out with some accuracy.... At the risk of being wrong -on the short side- I'd say that the pace of dumping has been established at around 10 million coins a month since the first pump. That would be like 1 and 1/2 month approximately. By that measure, there would be.... uh, still around 7-10 million coins to be dumped. And dumped, they continue being. Orderly, slowly, but incessantly. Is The Black Hand that is dumping these millions also buying on dips? I certainly believe they are, but cannot be sure and, in any case, that would be relatively minimal in this short period of time by comparison with the dumping that has fleeced and continue fleecing investors and "enthusiasts" (sheep blinded by greed). After having successfully dumped next to 20 million coins at an average price of 35-37k satoshis, we find that "Team Corleone" has already cashed out well north of $3 million in fiat money. The Black hand has "operating money" to even conceive the idea that this coin may have a future, after all, if they somehow find a way to keep on milking the community, either via donations, lotteries or the continual fleecing at the exchanges. Still quite a few more millions of coins to dump, plus the ones accumulated on the dips. And, importantly, a future business that could be quite profitable (the never-fixed pool, the key to time the buys for instant profit), in itself -if the bloody miners can ever be lured back, that is- and that, if so, would continue being ideal to time the buys of The Black Hand to extend the fleecing perhaps for months, even for years, until the bombs finally explodes or the authorities intervene, whichever comes first.
Keep on dodging questions, Maarten. They'll also sink in: What are you doing at the Amsterdam conference? what have you done or bring to the table of BC? Mickey, Josh, Rob?
Oh, and just for your reference, Morituri admitted in the original forum to the existence of The Black Hand... of course he called it "group of investors"... you know, the one with contracts drawn and papers signed? That one. No conspiracy theories there, you know?