Quote from: madawg on December 31, 2024, 11:15:16 PM

Will @transylvania969 aka Vlad cause a situation where the price will never rise if someone gets their hands on 650k ixcoin or is he bluffing in your opinion? Surely those 650k ixcoins would be safer in your hands so maybe you could bid in this so called auction if he is serious?

I notice it says it is a limited time offer, I expect by the time any bids are received the limit will turn out to have already passed.

But consider the possibilities such a large number of coins opens up!

One could put half into an offician treasury for a treasury-based asset, an asset that mints 325000 tokens and has 325 IXCoins in its treasury would have a calculated value of one IXC per token;

One could build a huge ascending pile of sell offers with the other 325000 IXC, ever upward from above its highest buy offer, and as they sell could start building on the buy side of your one's own new treasury-based asset, building its own spot-market price upward toward its calculated value.

If you've never sold any yet of your new asset no-one will have any to dump on your buy offers so building them all the way to the calaculated value should be just a matter of time.

But you could also use some of the proceeds of the IXC sells to strengthen IXC's own buy-side, continue building its spot market price up toward its own calculated value, which currently it it still falling short of.

Then too look at how neglected I0Coin is, technically isn't it actualy even better than IXCoin, I've never understood at all why IXCoin keeps being more popular.

Eventually if someone really is out to dump their coins will end up in the hands of smart players, it is just a matter of time.

This is a generational / dynastic game in the long run, it just can indeed seem slow sometimes.

-MarkM-