Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"
by
danonthehill
on 21/11/2015, 04:06:04 UTC
Would be easy enough to request exchanges to freeze Clams, take a snapshot and simply BAN your clam address.
LOL
Well, I'm not mad at you.  I lost about 90% of my equity but that's just the way the market works.  I only wish you'd have tried to optimize your position a little better so the crash didn't happen so violently.
I could have been better at hiding how many clams I have. By accidentally revealing that info, it lead to a market panic. The amount of clams I sold pales in comparison to what everyone else dumped on the market. I'm definitely the catalyst. So sorry about that.
Seems quite unlikely that you would be smart enough to dig 10.000s of addresses and at the same time be dumb enough to by 'mistake' reveal your address and 'unknowingly' create panic. Even a complete idiot could have dug slower over a long period or time, hid the digging and made 5x the BTC.
The attacks aren't helpful.
Do you have a recommendation or idea for the first census/petition, that doesn't include "I'm taking my toys and going home"?
I don't see them as attacks, because I don't think he's stupid. I am just making the argument that the whole story kind of stinks. There are so much smarter ways to make a LOT of money from digging 10000s of addresses then the way that it's being done.

I think the "help" part is arguably self-serving.

It didn't take "stupidity" to be revealed in his digging.
As I understand it, the client was set to conserve "age".
This caused the "youngest" outputs to be used first, and created the trail that was discovered.

Regardless, roasting him isn't going to help us move forward.

Ah, Ok. And I guess I agree. Just figured that if you were to dig what could have been $1 million worth of CLAM's, figuring out a way of doing so without crashing market price would be a priority.

Yes. Price in late August when dumps began (pre-dating any discussion here) price was 10X what it is now. Best way would have been to prop up market with BTC gains and sold slowly.