Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"
Voting, YES! There we completely agree. I do not want to impose my opinion on this community, neither I can do that. But it is a fact that CLAM lost 3/4 of its value over a period of 3 months. It s also a fact this coincides with the period the digger has emerged. It is also a fact there are other PoS coins which do not have this kind of issue. The easiest thing would be to say, OK, if you think other coins are better, go there. No! Even without having any serious financial involvement into CLAM, I still think this coin is one of the best PoS coins there, largely due to Price Dice support. I would not like it to go down due to benefits of one single individual, the digger. Let us see how this voting process is going to look like.
Price has went down.
Value and price are two very different things.
This is especially true when a market is young/shallow and clearly not stable/efficient.
It could be argued that given an efficient and stable market without any externalities the market price IS an assessment of value.
The margin of error, given how shallow the CLAM market is, would make any assessment at the moment very difficult.
That leaves us with fundamentals.
I am not convinced the fundamentals, and thus "value", have changed much.
The velocity of the recent digging certainly changes estimates quite a bit.
But, estimates were subjective from the beginning.
Regardless, we will know much more about how the stakeholders feel after the petition process has commenced.