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General Discussion / Re: No dilution. Now what? Everyone anti dilution please report.
« on: February 22, 2016, 02:22:30 pm »
Development may stagnant for a while and be limited to what people are willing to contribute voluntarily. The project doesn't die. We employ patience. During this time speculators become more confident that they won't be buying into just an ATM for the devs (and their sponsors). Given enough time, there will be a new pump or two, which will leave the price a little higher than it had previously been.
Rinse and repeat this process a few times, then all of a sudden we're in a position to fund a new feature without shooting ourselves in the foot in the process.
Yes, Bitcoin, my example above, does dilute, but this is different because that's not what's funding development. Miners are in more of a position to hold until the price goes up and sell at a time when it's more appropriate and healthy for the market. Let's dilute for new features at times when it's appropriate and healthy for the market, not at times when it will drive the price into the toilet.
Obviously I can't speak for the chinese, but this is my logic as a temporary anti-diluter.
So the expectation is that there is going to be a sudden rush of volunteer developers that are going to appear out of nowhere. Where are those volunteer developers now? If there were these volunteer contributors, don't you think we would not have any workers voted for now, because they rolls are already being fulfilled by these volunteers?
What is the PLAN to have these volunteers do programming that they are paid to do at a rate of $150 per/hr or more at other places? Why would they look at CMC and say: 'gee, I think I am going to ignore Ethereum and all these other alts and focus on this random Bitshares place down in the lower Top 10 area.' ?
This sort of denotes the whole problem with the position of anti-dilution.. there is no clear plan for growth... it seems entirely predicated on this crypto-currency 1.0 'we're a coin' type thinking that says if we have no spending of any kind, then value should increase.. and everything is sunshine lollipops and rainbows everyday then.
If you think leaving it to chance is really a competitive advantage over other networks that are well funded to the tune of millions to further develop their core platforms.. just who do you think is going to be in the lead of that race over time?