Post
Topic
Board Announcements (Altcoins)
Re: ARK - DPoS with Dynamic Fees 🔹 New CORE v2🔹 ARK Deployer 🔹
by
poornamelessme
on 10/08/2019, 07:34:22 UTC
By asking them to manipulate the price, you mean that you want them to spend their development budget to buy up more of their own coin, centralizing it in the process so that you and some other "investors" can sell their ARK at a higher price, right?

Then the price would fall again, ARK team wouldn't have enough development budget, the projected would die.

Is that what you're asking? Is this what an investor wants or maybe what a short-term moon-boy wants?

I would consider myself a real investor and what I want is for ARK to finish their product, start big collaborations and have many apps and games built on it. Then, I can feed from the fee profits on these services.

Not that you are wrong for preferring coin development over manipulation, but it just struck me how the entire US stock market works exactly the way the other fellow suggested. Companies are constantly buying back their own stock.

Some of the coins now being crushed by BTC may have to resort to a 'stock buyback' so to speak, if they hope to survive to see another altseason, that is. I wouldn't view it as short term moon-boy stuff, it's more like an issue of coin survival.