Stabilizing the Price of Our Coin... Introducing: VIT's Crook Busters

 

Hello Everyone,

Just 2 short days ago, I was Instructed by our CEO to do whatever I feel is necessary, to move our Company forward.

If any of you are wondering why he would place this much confidence in me, my Professional Background is here.
https://www.megandiamond.com/BIZ.php

My First Order of Business is to Address the Problem that currently exists on the Steem Engine.

It has come to my attention that a small group of very unscrupulous people have been purposely causing the price of Vit to crash massively, every single time that they want to purchase.

This causes people that are Selling, to feel that they have no other choice but to sell their Vit for far less than they should.

I believe in Deregulation and a Free Market, but what is being done here is just downright Disgusting. This type of activity devalues our Coin, our Company, and our People.

It also hurts Recruitment efforts. Why would anyone want to join Vit when they see the price being so incredibly low?

This is also very disrespectful to all of our original Investors, as well as any of our good hard working Vitizens that have invested their time and money, hoping for long term success.

And as someone that now holds over 10 Million Vit myself between our Main Platform and the Tribe, I feel disrespected as well. I can only imagine how upset our original Investors must be.

To the People that Have Been Doing This:

• You Will No Longer Get Away With It.

• I Know Who You Are.

• I'm Watching.

So What is "VIT's Crook Busters"?

This is a Team of 3 People. Myself and 2 Trusted Members of My Own Personal Team that are on My Payroll.

We will be Monitoring Activity on the Steem Engine 24/7.

And whenever we happen to notice these unscrupulous individuals causing the price of Vit to plummet, we will then immediately re-adjust the price right back to whatever it was.

An Example Can be Seen Here with Today's Activity.

[Price Dropped]

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[Price Re-Adjusted / 1st Re-Adjust by Vit's Crook Busters]

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The Price had been so severely damaged, that it will take a Day or so for it to get higher now. But this is a good start.

NOTE: This is NOT Full Proof. We will do our Very Best.
That is All that We Can Promise You.

But you can Help.

As a Concerned Vitizen: If you should ever happen to notice something that we don't. For Example, that the price has been sunk for more than 4-5 hours, then feel free to contact me at anytime. See the "Contact" Section of My Business Profile.

This Does Not Affect Buy / Sell Orders. We cannot control what people choose to do there. That type of Activity has not been a part of the problem thus far anyway.

Nor does this affect anyone that is conducting Legitimate Trading Activities. The Activity that has been causing problems is very specific and also very predictable.

But in general, we should have some pretty decent coverage from now on, in order to combat activity like this, that is only coming from a very small group of shameless people.

Some of you may think that I'm being a bit hard by calling these people "crooks". And to that I say this...

That in my book, anyone that sells off small quantities of Vit at dirt cheap prices for the sole purpose of sinking the price of our Coin, is a Crook.

~ MD