What I think happened is that when @freedomexists started selling his votes for bts he basically undercut the demand for WLS, especially when one bts's worth of his vote would generally be half the price of the comparable ammount of WLS. I warned them that this was going to happen, I mean it very consequential that undercutting the demand for WLS with his vote selling would lead to at least a major 100% correction. What had happened is that there's so much vote selling going on from a lot of the whales there that it completely crashed the market, so much supply, the demand has largely been nonexistent, now it's like selling sand at the beach.
They also have removed the option to flag, at least from the front end.
Meanwhile I'm seriously considering making a bot that spams the most obscene comments under all the topics there and self voting.
Were you behind the @fiasteem shit on there?
No, and I'm not serious, I'd rather watch it burn but I won't enjoy it or add to it's misery.
Well that makes absolutely no sense... wow...
Lol it's so hilarious, @freedomexists was saying stuff like "you say stuff that almost makes sense but you're a troll" or something like that to me when I confronted the retarded man child (he literally gets defensive over the mildest criticism and lashes out and attacks the other person, I've witnessed this happening more than a handful of times with a handful or more people) and idiots like @erodedthoughts were all like "I know I can trust you to do the right thing" to the retard, and at the same time avoiding with ferocity acknowledging that first it's vote selling and that second it would compete with wls demand directly in the same thread when I called him out on his encouragements, literally idiots through and through, defending a full grown man to sell his votes in spite of the fact that the place was created, from what I understand, because of the vote selling on here, and it seems that basic common sense evades them, first economic common sense, and then socially, as they nerfed flagging, and now outright removed it, and I'm sure that 99% of people there are oblivious to that since flagging was so heavily discouraged to begin with.
You are not known for mincing your words, but your critique is 100% valid. I don't think anyone who deals in honesty would find that "business model" sound. As you said, it literally undercuts demand for the token.
What's literally happening is that he is "cashing out" so to speak, and he's doing so without having to wait for the powerdowns, which is literally against the tokenomics. In other words, he's supposed to forgo a portion of his votes, in the way of opportunity cost, but he's circumvented the system altogether and thus created hyperinflation so to speak.
He must be done with the platform at this point, and it's just attempting to unload his bag as quick as he possibly can.
Precisely, which is why his last "post" is a "wtf happened" trying to act as if he had absolutely nothing to do with it, no responsibility whatsoever, and ever since then, he's been spamming trending with an text image that reads "account preservation post", which I would symbolically /gestural flag, and now, can't even express that gesture lol. His last post was literally "and I didn't even power down", like his business model could work at all if he powered down or as if what he was doing wasn't exponentially more devastating than powering down and selling.
I don't know how much he can sell at this point lol, and it's not his fault entirely, the fault lies with ever single douchebag there that either encouraged him, is also vote selling for bts, or both, he's just their mascot as far as I'm concerned.
You should look at his blog just for kicks..
Don't do it to much I want to sell my stash as well lol
Is RUDEX for WLS back up?
Let's hold them for ransom, extort all the newbs there.
Not alot of smart ones