No i didn't ehink that price will stay at $60 forever.
They didn't start with development, when put the algo live. When you put something to live conditions, you better do some tests before.
Read the whitepaper: it doen't say, that price should be $20. as a low volatile coin i would expet to see it around some targeted price for the start (not pumped 500% and then dump....and slow dying (25% per day))
My comment about $60 was sarcastic rhetoric.
They can't test live conditions until they activate their system to interact with, and build a response database for, live conditions. Was I not clear? They've even stated this. Keep up, man.
I read the white paper. I didn't say the price was meant to be $20. I've said it in previous posts. I literally, in my response to you, stated that $20 was their goal
at which point they'd activate their volatility control and begin tuning it. How did you not comprehend that when I literally told you that? I said nothing about them pegging the price to $20. Holy fuck.
As for an expected target, the sensible entry point for volatility control would be when the market is already relatively self-stabilized (without massive ups & downs). Otherwise they'd have to bull the market, and that would be silly.