Quote from: Hippie Tech on February 14, 2015, 02:58:45 AM

Quote from: MyFarm on February 13, 2015, 10:42:18 PM

After seeing just how much wolf0 was able to optimize the CPU I realized just how much a few miners with properly optimized code could dominate. And if I was:

1. Someone who only care about definite profit, I could get such a miner and dump for more than it costs me to mine.
2. If I was a competing coin, I could keep the price of the coin deflated.

3. BINGO on #1. Wink

4. Markets are easily manipulated when the dev owns more than 5% of the coins.

They set their bots to buy/sell into their orders, inducing panic buys and sells at will. And all it takes is one panicing noob to make back the 0.25% exhange fees.

Did you forget about this enlightening revelation ?

Or did you purposely ignore my response after realizing that you have said too much ? lol