Quote from: RivAngE on August 11, 2019, 07:10:27 AM

Quote from: poornamelessme on August 10, 2019, 07:34:22 AM

Quote from: RivAngE on August 10, 2019, 06:40:42 AM

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.

You have a good point, but I believe stocks might be a different case and they can't be compared to altcoins.

For example if a US company doesn't keep their investors happy and they sell its stocks, their stock price will fall and so will their buying power since the company could sell some stocks in order to invest in development or make a deal.

But when an altcoin company holds part of their budget in other currencies other than their own, then they don't have to immediately worry about their own token's price.

For example if a company holds enough money in BTC and USD to last 3 years without extra financing, then they can focus on development and not bother with their token's price for 3 whole years.
Heck, it might be even better for them to allow the price to fall, it'll become easier for them to do a 1000% like pump when they decide "now we're ready to focus on investors, let's buy our cheap tokens"!

I have thought about your post and re-read it several times. I'm convinced that you have no idea what you are talking about.