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.
1. You were clear. you could always test predictable conditions. Even on simulator.
2. obviously their violatility control at this stage does not work as it should (which returns us to poin 1.). this in not fine tuning. It's a crap.
3. when the market will be relatilevy self-stabilized - based on what can you see until today, i doubt it will work as it should. (which return us to point 2.)