HOWEVER, if this promise threatens to destroy the entire CLAM network, which it does, then I feel any and all changes to prevent this not only justified but also necessary.
Why?
Perhaps it is better to just move on. You know, like a bad relationship.
If you think CLAMs is mortally wounded by this digger (and potentially others like it) then just LET IT DIE.
Have you read
Antifragility? Failure of components is absolutely essential to a larger healthy system. Trying to bail out bad ideas with any sort of desperate measures is not helpful, it is harmful. Let the experiment run its course and learn from it.
There are thousands of coins, hundreds of them are somewhat active. I think there are good things about CLAM and I've said so, but if it dies because the distribution turns out to have been fatally bad, then life will go on and, then we all learned something valuable from it. The knowledge of which ideas seemed to be good and which bad will live on.
Well, this is an option, for sure.
However, CLAM s been one of my 3 favorite PoS coins and I would not like to see it die, especially not cause the whole point of CLAM dying s to let 1 single guy fill up his pockets. If we let do that, what does it say about us, the community? What does it say about CLAM devs? My entire life I have followed a simple logic, if something s broken, let s try to fix it. If not, don't fix it.
If I am the only one from the entire community being upset about this development, I wont mention it anymore. I don't want to be the only one who s been rocking the boat. As I say, I ll survive my personal loss but I would rather not to reduce the list of favorite PoS coins from 3 to 2.
I do not, personally, believe this is an existential issue.
The process of re-adjustment during this period of increased supply will be painful - however.
I do not believe CLAM is nearly as fragile as some have claimed during this issue.
That said, again, this is painful.
In the end, the only way that CLAM "dies" is if every single user stops using it.
Possible? Yes.
Likely? I don't believe so.
The question is:
Can we get some common sense changes implemented without sacrificing our ideals?
How strong is the community and how well does it survive this temporary haircut?
In the end, preserving ideals and the promises of the network while simultaneously supporting users is a problem of creativity and labor.
Problems of creativity and labor are
solvable.
Let me get back to my initial premise. We KNOW he s not going to stop dumping for at least next 2-4 months, based on his previous behavior. Knowing that, why would I or you or anyone else buy a single CLAM until we re 100% sure he and others like him are done? There s no point buying if you know bottom s not even close.
If you think CLAM can survive these 2-4 months, suffering this 10% per day price drops, OK, you know much more about CLAM mechanics then I do and I ll accept that. However, based on my previous experience, I have not been able to find a single coin which was dumped from high price to extremely low price and then recovered. Once the community loses hope and leaves, they do not come back. Look at Paycoin. The price was $15, pumped and pumped, the community was huge, then they lost trust into the coin, due to that scammer but they lost trust. Now, under new and honest management, the price is 2 cents. People simply do not come back.
I m just afraid CLAM might suffer similar faith. On the other hand, I m certainly not going to argue about it, being a relatively new CLAM community member and I ll leave ti to more experienced ones. I m out.
Yes I think CLAM will be able to survive 2-4 months. Eventually we'll reach a short term equilibrium. And if people believe in CLAMs and JD long term they'll realize that CLAMs were undervalued during this period and they'll buy in.
Also 10% per day price drops for the next 2-4 months is an exaggeration.