Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SHIFT] Mandatory update to SHIFT 3.0.0, HARDFORK SUCCESSFULL!
by
cbux
on 18/07/2016, 15:31:05 UTC
dumped your coin...no support...sorry...was a good idea, just undisciplined and losing hashpower and getting delisted at markets...pity...

this is called manipulation of the market, that this was not the community up to the market to participate actively, creating support costs and do not just stand on the price of 1000 Satoshi, but to raise the purchase price and buy out the volume at the keypad, thereby reducing its impact on the market, and distribute it assets, it was impossible to make a big dumping. This should be dealt with, and the development team, which should be a money manager, not just programmers. otherwise, we will always see what one person will always push the market and do not give him to grow up in value.

Isn't the whole point of crypto to be trust less and believe in the math??  What you suggest is no different than the fiat model and the Fed.  It's already concerning that the dev team made a significant change, especially without community consent, and we're seeing the consequences.  Changing the block reward, which changes the inflation, is exactly what the Fed tries to do by changing interest rates to increase or decrease inflation.  In my eyes this move was unforgivable.