Exactly this. I am a huge fan of ARO but it's simple economics - there are massive whales hanging over this coin. People freaked out about the 700 mil - 1 billion dollar BTC wallet moving recently. If a single wallet controls a large percentage of a coin = manipulation is not hypothetical it is a very real scenario. It would be complete hubris to believe that the massive whales have ARO's best interest in mind for long term success. If ARO pumped to 1k sats, why wouldnt they dump? 10k sats? on and on and on... you do the math.
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We can all stay bullish all we want, doesn't change the fact that the coin still still heavily been dumped on and alot of ppl have lost significant amount of money investing in this project. It would be fair if the culprit that stole others ppl coin does not have several million coins waiting in storage to dump at any moment, or the individual who was allowed to abuse the limitation of the algo does not have several million coins in possession and can control the value for a really long time. So, we all can scream about been bullish, then there is reality.
@Islapdonkey You continue to lie and exaggerate as you've been doing for a very long time. There's a good reason you got banned from discord, although i had my doubts regarding this decision at first, your last messages here just prove it was an excellent idea.
Regarding the dump, it was to be expected considering the exchange was on maintenance for almost a month. There's not a single guy dumping, there are a lot of miners looking to cash in.
As for the price, it's not my job to pump it, keep it pumped or do ANYTHING to affect the price. The market should regulate itself, that's not a dev's job. There's no ico here so spare me with the demands to fix your price.
I'm sure you'll continue with the same bs, so this is the final message you'll get from me.
I wasn't expecting any message from you your honor, so you can save yourself the headache of replying. As for claims about lies and exaggeration, all one need to do is peruse this thread to learn otherwise. You actively promoted Octaex on discord/BTCtalk but when they pulled an exit scam, you denied culpability while one of your marketing admins (
SLPTOME) made fun of members who use the exchange on discord.
You and most of the individuals on discord were aware that a lone miner was the main culprit for contributing to a major dump of the price from a stable point of 1k+ to the lower 200 sat ( other miners dump, but we all know who was getting most of the block and doing majority of the dump) shit that why you finally updated the algo
and even though the action of this individual was discovered early, you choose to do nothing about it to protect this investors who spent tons to maintaqin stability over 1k+, you waited for months, till the price was decimated to the lower 200s before taking action. One of your marketing admin even acknowledged that an immediate action was not taken. As i mentioned before, if your personal finance was involved, i doubt you would have taken no action in updating the algo while you watch your investment squander from a stable value of 1k+ sat to lower 200.
So, i will repeat it again
this was not an organic dump dictated by the mass which is inevitable, rather this was a dump orchestrated by one lone individual who was allowed to abuse the algo limitations for several months when his action could have easily been curtailed if the dev choose to take immediate action and update the algo to protect their investors. in any other institution except for crypto, you will be investigated for collusion but due to the nature of the scene, there is no proof to support the suspicion
Again, this is like monero admins choosing to do nothing for months to update/ protect their investors when bitmain decided to release a miner that would have decimated the price. Monero still recorded loss that correlated with the current bear market, but if their admin had done nothing to protect their investors, the current price of monero would be beyond horrendous.
So, no one ever asked you to pump the price, not once was it mentioned in any of my statement. Shit we all know you not investing your money into this project or you wouldn't let a lone miner get away with abusing the limitations on the algo for several months and destroying the coin's value. We all know its nothing but gain for you.
The question is why you choose to do nothing about the algo limitation for several months (when you discovered/made aware that a lone individual was abusing the algo. You waited till this guy had decimated the price from a stable 1k+ to the lower 200sat and accumulated enough coin to shoot to the top of the leader board by several million coins before an action was taken) Now if that don't seem suspicion then i don't know.
Its quite obvious from my several post that the dump i was talking about has nothing to do with today's dumps. Shit i been talking about it for days, rather its related to the dump due to lack of action from your end that enabled one lone individual(which is easily verifiable from researching block allocation and a constant topic on discord) to destroy the value of the coin for several month while accumulating enough coins to easily manipulate that value for a really long time.