If that ‘fat’ (bittrex) address concerns you, wait until the blockchain is announced with a definitive date. You will see it split up in a more general division since (guess) 80% of the coins will be transferred to the safex wallets. Yet there will always be some addresses with a larger amount of safex.
Don’t forget that some people, including myself, have been following this project from the very beginning. Some of these people, including myself, are not invested in safex for (dollar) financial gain only. These people just share the same vision about the project as you have; they only got in really early and understood the hodl value on the long term in those early days. I don’t think in dollar, but in products and services (and then dollar). This is what the future will bring anyway… crypto is here to stay. Safex being the first of its kind… long time stay!
Daily there’s about 130-150 million safex coins being offered on the various exchanges. That’s about 12-15% of the total on bittrex (the other exchanges are insignificant). As said: right before the blockchain announcement (especially the airdrop date), there will be an exodus on bittrex and what is remaining are the ‘forgotten accounts’, the ‘newbies’, ‘the bankrupt people’, ‘noobs’ and the people who bought in really early, waiting for their target sell, but have no clue what gem they bought into. I read the news continuously about various crypto’s and many have really no idea what safex is. Chille? Never heard of!
To give you an indication of how value safex is right now: I would sell a 2014 Ferrari 458 for 22 million safex. Far above the btc price vs dollar, but at this stage we only have a wallet and a strong team. When we add the blockchain, the marketplace… this price will rapidly drop. Till the price will change to 1 million safex, then 1 million Chille coins, 500k, 250k, 100k, etc.
Safex is win/win/win situation in the long(er) run. Either the dividends will set you forward, or the Chille coins sells will set you forward or safex gains so much in value to you maybe choose to convert to dollar… and all of the above at the same time. So it really doesn’t matter how you look at it. Let’s assume you own 1 million safex coins. With a $3 billion market turnover, the dividends will basically give you the opportunity to live a financial healthy life of the dividends. But then it starts to make sense… these dividends will go on as long as the marketplace is active. This will be for the next 5 years absolutely no problem. There will be some competition, but look at bitcoin… they were the first, that’s why they mid $5000 nowadays. When your dividends give you $100k per year, every year (and growing)… how you will price your safex? What if Chille hits $10 per coin? Doesn’t matter… what can I get for 1 Chille is the question.