eUtopium ∞ [UPM] Food For Thought: Fairness & Stability in Perpetuity. Possible?
eUtopium ∞ [UPM] Food For Thought: Fairness & Stability in Perpetuity. Possible?
Proof-of-Fairness is working out well for all investors involved thus far. But do not be complacent, for we have only been alive for 4 days.
One of the biggest problems that altcoins face, as i have come to understand thus far, is the problem of "pumps and dumps". How is it possible for an altcoin to avoid being victim to an accelerated pump and dump which leaves the not-so-smart investors at big losses? It may not be their fault, or ours, but does it even need to happen? Although we have shown that a fair & profitable ico distribution that caters to all parties involved is possible, and that stability in a coin can be achieved in the short term, it is unfortunately also highly unlikely for an altcoin's price to increase forever, and remain stable in perpetuity.
Sure, there will be dramatic ups & downs in the charts in the future, but what does it really mean for an altcoin to be stable? What does a pump & dump really mean? How can stability be achieved in the volatility of altcoins?
Is it possible for an altcoin to achieve stability & fairness in perpetuity? If so, how? And how can we learn from that to make UPM an even better altcoin?
Please share your thoughts, for I have shared mine.
Proof-of-Fairness is working out well for all investors involved thus far. But do not be complacent, for we have only been alive for 4 days.
One of the biggest problems that altcoins face, as i have come to understand thus far, is the problem of "pumps and dumps". How is it possible for an altcoin to avoid being victim to an accelerated pump and dump which leaves the not-so-smart investors at big losses? It may not be their fault, or ours, but does it even need to happen? Although we have shown that a fair & profitable ico distribution that caters to all parties involved is possible, and that stability in a coin can be achieved in the short term, it is unfortunately also highly unlikely for an altcoin's price to increase forever, and remain stable in perpetuity.
Sure, there will be dramatic ups & downs in the charts in the future, but what does it really mean for an altcoin to be stable? What does a pump & dump really mean? How can stability be achieved in the volatility of altcoins?
Is it possible for an altcoin to achieve stability & fairness in perpetuity? If so, how? And how can we learn from that to make UPM an even better altcoin?
Please share your thoughts, for I have shared mine.