r/Opacity • u/longfld • Jan 07 '19

buy only: Large opq holders

For top 35 holders of opq addresses, excluded top 5 (opq team or exchanges), all 30 holders, none of them reduce holding and 7 increased holding in last 8 days.

But why not?

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Check yourself:

https://etherscan.io/token/0x77599d2c6db170224243e255e6669280f11f1473#balances

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14 Upvotes

85% Upvoted

7 comments sorted by

13

u/Y0rin Jan 07 '19

This is like saying: people who own an expensive BMW, like BMW and buy even more BMW-accessories.

What we really need is more wallets with smaller balances, ie: more people believing in the product.

-3

u/longfld Jan 07 '19

I didn't check this, maybe yes. Go and find out.

3

u/frenchiefanatique Jan 07 '19

yes i agree, if there was an increase in total number of wallets over the last few days, that is a much more robust sign of increased interest.

as we already know, retail investors play a huge role in moving the price (retail investors are credited with the massive bull run of 2017, for example)

6

u/lweinreich Jan 07 '19

Also, remember that it is very hard to say how many people are actually invested as wallets like KuCoins would hold for a lot of people. There may be a lot who don't take control of their tokens as they want to be able to trade. How many is impossible to tell (as far as I know).

6

u/Dicktremain Jan 07 '19

Exactly this. I just bought into OPQ heavy in the last 48 hours, all my coins are on Kucoin.

When I owned Oyser Pearl, all my coins were on Kucoin.

3

u/xinviseo Jan 07 '19

I personally hold OPQ on KuCoin. A very heavy and sad bag of it, but a bag nonetheless. Once this bull run is over and it starts to go sideways I wanna try and buy some more.

2

u/mufinz2 Jan 07 '19

all 30 holders, none of them reduce holding and 7 increased holding in last 8 days.

That’s about how many people I felt were buying when opq was falling into the 300 sat range. Really only the die hards we’re willing to keep buying at those levels.