Post
Topic
Board Bitcoin Discussion
Re: Stabilized Bitcoin using eMunie economics
by
Sparky_eMunie
on 09/02/2016, 19:40:37 UTC

I'm not sure how else to convey that the sentiment behind the trade didn't change, not how to say again that the supply and demand in this test was disabled.

exactly.. you didnt consider that sentiment would change. that people would react differently after you change the order matching. you presumed that people would still hand over funds in the same manner no matter what.

The sentiment change would be:

A. the vast majority of traders would stop pumps & dumps, as they would not be profitable
B. few may try a coordinated pump & dump of an incredible amount in order to defeat the system buffer

it's not impossible to defeat the system (by exhausing the buffer), but because the buffer receives new currency during the pump, it's very difficult to accomplish.

With eMunie's economic model, BTC would be a digital currency, and not a speculative digital commodity.