That's setting network rules for heavy handed top-down market manipulation in my eye.
Price is down? The network forces everyone to cut supply. Totally artificial. I don't like the idea.
That's setting network rules for heavy handed top-down market manipulation in my eye.
Price is down? The network forces everyone to cut supply. Totally artificial. I don't like the idea.
If you think that is bad then let's keep everything as it was set from the beginning. But if we are going to manipulate then it should be adaptive to market cap and not to transient preferences. There should be a formula which determines things and not public opinion.