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.
YES!!! This would be prudent and sane behavior. The fact he s not doing that and continues stubbornly dumping without any plan show you he does NOT care about CLAM and his only plan is to get as many BTC as fast as possible. He s also aware of the fact the amount of CLAM he s about to insert into the market over this short period of time is going to seriously, SERIOUSLY decimate the coin, if not kill it completely. If my hypothesis is correct, pls tell me again again why wouldn't the dev team eliminate digging? Cause the way I see it, they can choose between CLAM survival and changing the code.
If I m mistaken, pls do offer some other theory why this guy keeps dumping and crashing the price down? There s more then one way to sell your CLAM.
Lol, i can't believe what i'm hearing. You would prefer that the mega whale prop the price up while he dumps on everyone? Ask yourself what would have happened in that case.. the price would have dumped when he was finished dumping at 0.01+ BTC / coin and the propping stopped.
Your "Prudent and sane" behavior would have only delayed the inevitable dumps. the CLAM community would have paid ~$2,000,000 for his 500k CLAMS, instead of the $225,000 at current prices.
This scenario is the best for everyone except the digger. The coins are getting distributed at a much lower price. So be thankful he fucked up. Place your orders at 100k, 80k, 50k, 25k or whatever and wait until he runs out of CLAM.
That's my point. Anyone with a nugget of trading smarts could have squeezed much more money out of the community over time than the digger has. Ergo, malicious intent.