What you seem to forget is that we re not talking about market price and normal PoS supply and demand. What we have here is an external element able to get his hands on hundreds of thousands of free CLAM and dump them immediately.
It isn't an external element. It is internal to the CLAM blockchain, and it has been there all along, even if investors for a time foolishly chose to ignore it.
Did you claim your "free" CLAMs?
Why was your claim any more legitimate or less "external" than anyone else's?
Far too much is being attributed to this digger, when much of it is third-parties making market bets
Agree. For one thing dooglus has already told us that he has been dumping. That's clearly his right, as they are his coins, but it has an effect on the market nevertheless. For another, has anyone considered that perhaps all this talk about impairing or (less likely) eliminating a big part of the USP of CLAMs is potentially spooking the market?
And finally I agree that the recent big wins on JD have also likely spooked investors. The first big win was bought by dooglus so that saved the market from a big dump (though maybe dumped by him now?). The second big win was promptly donated back to the JD investors, sparing the market from another big dump. But maybe investors have wisely recognized that their luck will eventually run out and sooner or later someone will win big at JD and actually want to sell their coins (not to dooglus) to buy a car or something.
I have not claimed a single free CLAM. I purchased every single CLAM I used to own. What I am saying is that free CLAM cannot be considered as a market element cause he s got them for free. There s no single comparable element in crypto. You need to spend money to mine BTC or other crypto, you need to spend money to buy coins to stake them, you need to invest some form or resource to generate income. With this CLAM, you get something for NOTHING. This is why the market s inefficient and this is why it s got all preconditions to fail. I really, really hope I m wrong about this.