I am getting curious now as to whether the pre-mine could be where all the ridiculously cheap IXCoins have been coming from that have been dumped over the last few years, just because after each wave of dumping I kept thinking that surely now everyone who had coins that cheap to throw away must have already thrown them away.
Back on Vircurex I sometimes piled the buy-side as high as 11k or even 12k satoshis before it would get dumped back down, then it got to where I could not even pile it up to 10k without it getting dumped back down, now folks are dumping it down below 5k each time I build it back up to 5k. Maybe they are still dumping coins that folks too lazy to withdraw from CEX dumped insanely cheap on CEX ?
But if 580k coins are being dumped from the pre-mine that would account for a lot of the dumping I have been seeing.
So I wonder, how much of the pre-mine is still intact in its original addresses?
Seems to me Thomas has not been gone as long yet as his longest past absence, so it seems premature to me to think he is dead. With prices so low it'd be silly to spend the pre-mine right now, how about we get the price back up over 10k satoshis, maybe to the 16-to-18 k satoshis it used to be way back when, before worrying about him not seeing it up to a level worth re-appearing for?
EDIT: Those posts you showed, Vlad, are only barely over a year old, wasn't he gone 2 years or more once upon a time?
-MarkM-
I remember Thomas was gone 2 years once, but this is the first time he let the website expire and be grabbed by some strangers. That's the crazy part.
There is no way Thomas dumped the premine; I have a good feel for the guy and whatever his reason was for creating IXC he truly believed in it, it was NEVER some pump and dump scheme like everyone accused him of. He was always an unusually diplomatic and patient, decent human being, quite the opposite of me. I couldn't help but feel bad that I once insulted him and said I wanted to punch him in the face. lol
Also, I once spent a day doing Blockchain analysis and I found tons and tons of early blocks which were never redeemed, not even to this day. I looked at other older and popular coins and nothing like that existed. I am convinced these belong to Thomas, to prove he never spent nor dumped the premine [he left the coins unredeemed]. From what I understand, 4 years ago, only a few people in cryptoworld knew how to do this.
So the dumping you witnessed was either people getting tired of holding or simple manipulation which I was seeing very early on.