I'm jut hashing this out now so will refine it as i go but it is generally defined as :
The larger the proportional % of scam, is directly related to the lower % of real market participants.
so to explain that :
- If say NXT Po$ mined 95% of all their units, then bid it up to a certain price.
- now the 5% that got a free ride may sell out leaving them holding something the they totally 100% own.
- this presents a paradox, because the "valuation" is high they will never have real market participants, because anyone that would invest a significant % of capital would look at all the market information.
- and as the information in the available market knows they are a scam, if the price drops they will not have the "market cap" vector or "valuation" which is the only two vectors the scam is built on.
so its a hilarious paradox.
Its a hilarious paradox that even after having shit explained to you over and over again, you still seem to think that NXT has something to do with a Proof of Work premine.
Bagful of spanners is the phrase that springs to mind.