Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
EdvinZ
on 18/12/2015, 09:01:55 UTC
Quote from: moocowmoo on December 18, 2015, 08:08:41 AM
Quote from: PenguinsDancing on December 18, 2015, 07:35:40 AM
Quote from: moocowmoo on December 18, 2015, 07:15:11 AM
The way the system is set up, what is good for the currency will trump any few individuals' will to power.

I'm sorry but I can't agree. This is not something you can guarantee now and certainly not in the future.

I'm not making guarantees, I'm extrapolating using game theory/self-interest.

Given that:
    - all budgets are public
    - budget abuse would erode public perception, and
    - the value of the currency is determined by public perception

why would a large shareholder be movitated to damage the value of their
holdings?

If we assume it is an attacker, flooding the market with cheap coins to
suppress the price would be much more effective.

For investors not important the difference in price. It is important for them to know that there are any guarantees on the planned work of developers. This is for serious investors with large capital. Well, with less money you can search your luck on the one-day cryptocurrency with high volatility Smiley