So you're saying this guy provides like a safety net for these projects? If that is true does his credibility not get affected as a result of the insane dump?
"Insane dumps" are some of the most profitable events one can encounter, if properly prepared for them!
It is important to have your column of buy offers go all the way to the bottom, because if a dump drives the price way down below even your lowest lowball buy offer, you missed out on lots of those dirt-cheap coins the dumper was dumping!
You want to be in place, both upwards with your sell offers column and downwards with your buy offers column, so any huge fast movement on the spot market profits one side or the other of your trading-pair.
Remember all buys are sells and all sells are buys, being bought from is selling to the buyer, being sold to is buying from the seller.
You want to be ready on both sides, to snap up either side of the pair as it gets "dumped" onto the other side of the pair and to sell higher and higher and higher to either side of the pair that buys its price in terms of the other side higher and higher and higher.
It probably helps to have a client like Stellar's clients, where you can display the order-books either way around, to keep it clear in your head that any buy by one side is a sell by the other and vice-versa.
So basically these "insane dumps" you mention are actually some idiot who thinks he is selling cheaper and cheaper and cheaper actually buying what he is thinking himself to be selling-for, and paying a higher and higher price in what he is dumping for the thing he is dumping it for, giving you cheaper and cheaper and cheaper prices the more deeply he digs down into your column of buy offers.
You can then simply put back all the stuff he just dumped on you onto the other side of the order-book, basically all your offers the dumper was regarding as being your buy offers go back as what the dumper would regard as sell offers, at a profit of course.
Basically it doesn't matter which side goes up and which goes down, what is important is that it moved, so you had offers on one side or the other "taken", so you made a profit in one direction or the other.
It is important to bear in mind that what really counts is income, not how huge a pile of one side or the other, or both, you have accumulated.
It is when trades happen that you profit. You can even accumulate huge percentages of one side or the other or both, the more you accumulate the less there is out in the wild potentially to be dumped; you can bury your ever-growing stash in concrete under your swimming-pool and even your great-grandheirs likely will never need to dig it up because the wealth is in the trading, the more of everything is buried under the swimming-pool the rarer those you haven't yet managed to take off the market and bury become.
The treasuries system does even better than that though, instead of burying everything under the swimming-pool it locks it all up in treasuries. Same effect but less jackhammers needed to dig a little bit up if some emergency happens such as price skyrocketing way up above your highest sell offer so that its going up didn't feed you stuff to put onto the other side of the order-book because you didn't have your sell offers column built high enough soon enough to be there ready to get fed all the way up no matter how high some pump pumped it; or contrariwise if the price falls off the bottom of your buy offers column, again because you didn't build your column far enough in time to be in place catching that massive dump all the way down.
The worst that can happen when an "insane dump" happens is the insane dumpers have provided an awesome buying opportunity and you maybe haven't got the capital right away to take advantage of that wonderful opportunity.
What you see on Stellar platform right now with
Galactic Milieu assets is the simple fact that Stellar is the latest platform the assets have been implemented on so the players didn't have huge piles of Stellar Lumens with which to build huge strong columns of buy-offers in Lumens for all of those assets.
A few players are still letting dribs and drabs of the assets go for far less Lumens than they are worth simply to build a stockpile of Lumens to build up the buy-offers with.
They can afford to do so because those lowball sell offers they place are using assets that someone already dumped onto their even lower-ball buy offers, so even though they are selling cheap they are still doing it at a profit as they got them even cheaper...
So really they are helping out those who haven't built up their stash yet by providing assets cheap, yet doing so benefits them as it brings in Lumens with which they can strengthen the buy-with-Lumens side...
-MarkM-