I've given this a (small) bit of thought. With regard to the whales, it occurred to me that if one (or two, or more) of them all decided to sell at the same tim

I've given this a (small) bit of thought. With regard to the whales, it occurred to me that if one (or two, or more) of them all decided to sell at the same time and crash the price, the effect would be to disperse all those coins amongst the "non-whales". And then the question is, well, is the coin more or less valuable when it is held by more people? It seems to me that it would be more valuable, since there would be more people using it. So even if the immediate effect of the whales cashing out was to lower the price (to something above absolute zero, assuming there will still be buyers), the long-term effect would be more adoption, and increased value. I'm sure there are holes somewhere in that logic, feel free to point them out.