top holders | Bitcointalksearch.org

Luqman

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Quote from: L A on August 22, 2021, 03:45:36 AM

When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

Yes, it may be one of the considerations that we must think about, who is the holder, how much, and how long.
It will make us think realistic and more logically about the strength and weaknesses of the projects.
But if this is about Bitcoin, I think that there is no problem or no matter for holding.

Quote from: Ureung jameun on March 06, 2022, 01:17:30 PM

yes, greatly influenced my decision to buy the altcoin. because if you get the top holder owning more than 50% then you have to stop and take the decision to ignore the altcoin so you don't lose assets in the future. try to learn about good altcoins then you won't find the top holders own more than 50%. so if you want to buy an altcoin then look at the top holders owning as much as 10-20% only.

It is moreover for special new token or coin from new projects, exactly we must double think about this. If a higher amount of percentage or mostly percentage are held by an only a certain person, it will also influence the value and probabilities of market manipulation. And maybe it will not be good at all for the long term inevstment

Ureung jameun

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Quote from: L A on August 22, 2021, 03:45:36 AM

When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

yes, greatly influenced my decision to buy the altcoin. because if you get the top holder owning more than 50% then you have to stop and take the decision to ignore the altcoin so you don't lose assets in the future. try to learn about good altcoins then you won't find the top holders own more than 50% . so if you want to buy an altcoin then look at the top holders owning as much as 10-20% only.

usekevin

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If a few holders own over 50% or which project developers owned a significant amount of total supply, when i will try to avoid it whatever although which projects are looks very promising.

It will happened in almost all the project.The developers and project holders had a control over the project. It's not a unique one and it's common one.When they want to manipulate the price variation in their coin, the adjust it by the token supply into the market.

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Because if dev mood changes anytime they can manipulate, I see that in the several projects. And in the token sale, team should to limit in the maximum invest amount if also investors can't manipulate in token price.

Being a source of the project, they would like to control it based on their own way.In a long run, the team of certain project will became a whale for the long run.And they try to change the token price, when ever they like to do that.So in some project, most of the coin price vary suddenly the huge amount. Background investigation of the project is important one for the safer side.

Zotak337

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Quote from: L A on August 22, 2021, 03:45:36 AM

When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

Run, I repeat run for your life if you come across any token that a holder have access to 50% of its max supply, this means that this holder can manipulate the token value, not good mate not good, even if the project is so good at one point this holder will drag it down for a while.

deean_3one

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Quote from: L A on August 22, 2021, 03:45:36 AM

When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

Not so. Investing is not based on the most coins. To see a good coin or not you can see in coinmarketcap. All the movements of the coin will be visible there.

jeungo

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There are many examples both with one logic and with another. Sometimes it's important, sometimes not. In fact, it all depends on the roadmap and the total amount of money that must be contributed to the project. A coin can be brought down not by top holders, but by a trend of distrust towards this coin.

superman184

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Quote from: L A on August 22, 2021, 03:45:36 AM

When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

Unfortunately, the ownership of the top holder cannot be ascertained. What if the top holder is the team that they are likely to sell at some point in time and make the price worse?
I don't see from the number of top holders. I see how well the team is doing to promote the coin or token, whether it's listed on the best exchanges, or the level of development on their platform.

Baofeng

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Quote from: Daodex on January 29, 2022, 09:19:53 AM

Only shitcoins have huge percentage holding by top holders, this is a game of death for real Grin

I exited a meme token because of this an few days later these whales started selling and the price was greatly affected, equally distribution of tokens brings balance to a project and erase the fact that one person can crash the whole project value just by selling his or her bag

So got lucky and exited on time bro, if not, they you could be the next victim of whales trying to manipulate the price of a shitcoin and meme coins. And right, this is a dangerous game that we are in because of this one. For us small and average joe investors, it's a game of death because we are putting our hard earn money and gambling it to make profits. But if this whales are playing, the whole game will change and to their advantage.

Daodex

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Only shitcoins have huge percentage holding by top holders, this is a game of death for real Grin

I exited a meme token because of this an few days later these whales started selling and the price was greatly affected, equally distribution of tokens brings balance to a project and erase the fact that one person can crash the whole project value just by selling his or her bag

Jackl87

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Quote from: L A on August 22, 2021, 03:45:36 AM

When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

I do think that the coin distribution is an important factor. If a small percentage of people is holding most of the coins then this is definitely something that would scare me off from investing into that project at the first glance. You always need to check carefully though or ask in the telegram what those wallets are. I had this with Drip Network for example where i think more than 70% of all the tokens is in just 1 wallet, which would also be a huge no-go at the first glance but if you investigate a little further than you will see that this wallet is not owned by any person but it is the treasury wallet of the whole project where all the interest is being paid out from.

Saisher

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Quote from: diamond_shine1 on January 28, 2022, 03:27:48 PM

i think if there is a new coin and the top holder has 50% of the total supply it is very dangerous and the holder of the 50% of the coin is clearly very influential with the coin and it doesn't take long anytime he can drop the coin maybe in a matter of hours he can drop it base.

That's risky, a good project will try to have as many holders as possible and will try to equally distribute their token that is why some tokens do their ICO in a launch pad where investors investment is limited, few holders holding 50% can manipulate the price and especially if the holders are the developers of the tokens, and if it is a farm-based token you should check the liquidity and the certik certificate to avoid rug pull.

laredo7mm

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Quote from: cryptomaniac_xxx on August 22, 2021, 09:32:30 AM

Quote from: L A on August 22, 2021, 04:01:37 AM

understood however when looking at coin like Covalent, the top 100 own 99%. does this matter ?? I thought maybe supply should be more spread

Of course it does matter, if top 100 owns 99% then something is wrong with that project.

It can easily be manipulated for instance, or what if those suddenly dump the coins in the market? What will be the results? It will be a disaster for those small holders.

To be fair, there are a lot of projects like this, so personally, I would stay away from this projects.

I have seen many projects that made more than 20X when the top 10 holders have 90% of the total supply. Actually, it's risky to put any money on those projects but for a working project, I saw the team push the price exponentially by keeping most of the supply out of circulation. The team will surely sell their token gradually but for quick profits, I can risk some money to those projects.

diamond_shine1

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i think if there is a new coin and the top holder has 50% of the total supply it is very dangerous and the holder of the 50% of the coin is clearly very influential with the coin and it doesn't take long anytime he can drop the coin maybe in a matter of hours he can drop it base.

Jackl87

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Quote from: L A on August 22, 2021, 03:45:36 AM

When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

I do think that it is an important factor, how the coins are distributed among the holders. I mean most crypto projects claim to be decentralized but if a lot of coins or even the majority like in your example are in the hands of only few dozens of people for example then i would say that projects is pretty centralized and those few holders can basically control everything that happens with this projects. They can kill the price of it if they decide to sell off their holdings, if there is some kind of staking available for this project then the gap between them and the other holders will only become bigger and if there is also some sort of governance function implemented in the token then they can also completely dictate the course of the project.

Rengga Jati

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Yes, when many more investors are holding the tokens, the chance to grow up maybe higher although this doesn't guaranteed. However for me myself, this becomes one of the reasons why commonly I will also buy and hold the token. Of course, This is not only the factor that I must take because I need many more factors to ensure my decision. Like what kind of token, the use case, the project team and developer, the exchanges, and many more others.
Moreover, if that is a new coin.
And if that is for top coins itself, top holder tokens are alco considerable in order to see the token supply, demand, and also circulation.

Kena Banned

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Quote from: hamba laeh on September 06, 2021, 02:51:16 PM

Quote from: L A on August 22, 2021, 03:45:36 AM

When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

be careful with new coins at this time because there are so many new coins that are not able to develop properly so they die by themselves. moreover the top holder has more than 50%, then in my opinion it is a shitcoin that we don't need to buy because it can make us lose. so my advice please look at the better altcoins and the top holders only have 10% - 20%.

For reminding that if top holder has more than 50% probably its a locked liquidity or any exchange wallet, so check it more detailed to have some conclusion of it.
But if its a whales or team funding which not locked for periodic time, it could be a problem soon.

hamba laeh

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Quote from: L A on August 22, 2021, 03:45:36 AM

When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

be careful with new coins at this time because there are so many new coins that are not able to develop properly so they die by themselves. moreover the top holder has more than 50%, then in my opinion it is a shitcoin that we don't need to buy because it can make us lose. so my advice please look at the better altcoins and the top holders only have 10% - 20%.

Matteorsini

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Quote from: L A on August 22, 2021, 03:45:36 AM

When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

I don't think it is a good consideration since I don't trust these people. You can see Elon Musk's manipulation with Bitcoin. I think you should only check the project's use case, dev team, potential to growth, having every day development and so on. One of the best altcoins I highly recommend buying now is this promising gem called XSN, the native cryptocurrency of Stakenet. A stable and credible project backed by a transparent and solid team of professionals. The current comprehensive development growth is what keeps me super bullish and excited about it.

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Quote from: Baimovic on August 30, 2021, 12:07:01 PM

Quote from: L A on August 22, 2021, 03:45:36 AM

When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

Isn't it very worrying if the highest holder owns more than 50% of the tokens, then what if the holder releases all his assets, of course the price can drop because the highest holder leaves the project so that it can make other investors hesitate to think about holding the tokens longer because the risk given is quite high if we go into token project like that.

If we believe in the coin we holding as well we understand their plans as well risk then it will be easier to hold them despite the price drops due to other investors. Though it will be much better if we know if there are holders like in stock market to know whether we need to add more cash out some if there are news or happening about that coin.

wxa7115

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Quote from: L A on August 22, 2021, 03:45:36 AM

When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?

If you are going to invest in altcoins then one of the most important things that you need to look for is how many of those coins are being held by the developers of the project, because it is very common that they are going to keep most of the coins that they have created and then when the coin finally achieves a good enough volume they begin to sell, crash the market and then disappear with profits.

So without a doubt if you see that those that are at the top are holding more than 50% of the whole supply of the coins then it is a good idea to never invest in it because they can crash the market at any moment and you will be unable to predict when that will happen.

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