To apply Bayes Theorem to the people selling Guard. The ratio of Smart holders to Dummy holders of any project is like 1:100.
09 Feb 2022, 03:15
To apply Bayes Theorem to the people selling Guard...
The ratio of Smart holders to Dummy holders of any project is like 1:100.
With Guard it's probably closer to 1:10 because of the education aspect of it all.
Of those, about 100 of them had more than 100,000 tokens. and of those 100, about 19 of them sold.
So if we use the 1:10 ratio, of the 19, maybe 2 meant to do it as a way to take profit, while 17 were probably dumb and either broke even or lost money, and more importantly lost opportunity of future growth.
The evidence points to that being true, since only a few of them were even in profit.