Worth adding here that it also appears Zcash stakeholders have been internally buying/selling their own ZEC at inflated prices on Poloniex to artificially increase both volume and the market price.
Whilst perfectly legal, it doesn't enhance a "trustworthy" reputation to me.
I don't understand this. None of the stakeholders have even received their money yet; this is publicly verifiable.
You wouldn't need any ZEC to begin with.
Just to be clear, I am not specifically claiming the devs are doing this, but somebody with an interest in ZEC performing well (and money to burn to prop up the price) has been.
It's eased off now in any case, but it hasn't gained trust from a trading point of view.
https://lists.randombit.net/pipermail/cryptography/2016-Nove...