Post
Topic
Board Bitcoin Discussion
Re: Stabilized Bitcoin using eMunie economics
by
franky1
on 09/02/2016, 19:53:00 UTC
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.


thats the utopian dream if you are the only wallet service and the only exchange available..
again failing to see the sentiment of a open and free market.