Distribution-Overview:
http://explorer.neucoin.org/overview
This is the address for Angel-Investors (restricted):
http://explorer.neucoin.org/address/NddwdSJ52ynU3knupStmjebfD67auQr4kp/
But since Dec. 28th there are out-transactions. Maybe that's the source for the dumping. I'm not sure about that, but I wondered who still holds that much to dump it. Doesn't seem as if there are many real/public Investors left with larger amounts.
Edit: Don't understand that address. On dec. 13th there were a lot more out-transactions. All with the same amount: 2,200,000. Could be interesting to take a deeper look in those addresses.
Good luck and have fun but.. their block explorer is to tedious for me. It is not tooled up for forensic investigation?
And until the next overdue update where to start?
impossible to know/prove anything despite the "anyone can verify the blockchain" bs.
Dont waste too much time, we know it is all bs, neucoiners wont know or care about it.
however if you scroll down on overview page, coins moved to "cold minting" addresses.
Does that maybe explain?
Overall, who is dumping is maybe not so lmportant.
We can be sure this is just the start. IF we do the math. As we have.
Now your theory on trust, which I agree, is starting to come into play.
One dump will lead to another.
Only thing we cannot foresee with any real accuracy, and the only thing that keeps neucoin alive, how long will Dan keep buying?
But team/angels/seed don't know that either!
The question how long Dan will build buywalls to slow down the crash depends on "who is dumping?". Reason is: If he just has to catch Neucoins that are dumped by real investors (not the team and without relations to the team) it's possible. He has enough BTC to buy it all back, especially at those prices. But if he should have lost control about team-members or former team-members or some angel-investors etc., he won't throw much more BTC into it.
We won't find out but I would really like to know how much Neucoin are not in control of the team - "real investors" plus unrestricted coins in the hands of people with relations to the team. In general it would be great if an "insider" would show up. I really would like to know what the hell they (team) believed. I mean, it's not surprising that there are some guys who believed in it, bought the dust, still supporting it and so on. But regarding the team it must be some kind of "self-hypnotizing" that they believed they could make money with that.
What I learned in 2015: Never underrate the combination of irrationality, naivety and greed.