Quote from: TrueCryptonaire on May 25, 2017, 03:50:57 AM

Nice pump and dump guys!
When I speak about raking money from you guys, days like these are the very ones I meant.

Right now I am not seeing Monero going up but down.
I hope nobody did margin long Monero, that is pretty much the worst thing to do.

A few days ago I got a lot of hatred, and look what happened to Monero now..? Grin

Personally I think Monero will recover from this, although it might take some time.

I don't think XMR has ever experienced such a seismic shock like this in all its history. I was just watching Adam Meister's video about it, and he raises the important point that if fluffypony cannot be trusted as a consequence of this one event, then how are people supposed to trust him when he speaks out about scams.

Personally I don't think fluffypony acted like a jerk, or engaged in insider trading. In his mind it probably seemed like a good creative idea of raising an valid issue.

The problem lies in his shortsightedness. It should have been very obvious that:-

1. People would have lost money.
2. Seen from a distance it looks really scammy.
3. People shorting XMR would have propagandised point 2 which leads to even more of point 1.
4. The usual antagonists would have seized upon all points and propagandised them for the purposes of their own projects (desertlynx etc).

I'd like to say this is a storm in a teacup, but frankly this is a completely unnecessary and negative event which will require a lot of ongoing maintenance moving forward.