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Leicester

๐Ÿ‘ค Speaker
1280 total appearances
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Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Trying To Remove Fair Market Pricing (OOC)

So you got two that are two cents.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Trying To Remove Fair Market Pricing (OOC)

Pinex 002, CoinStore 004.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Trying To Remove Fair Market Pricing (OOC)

They're going to take that.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Trying To Remove Fair Market Pricing (OOC)

They're going to get to about a penny-ish.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Trying To Remove Fair Market Pricing (OOC)

Then you take what's on the site.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Trying To Remove Fair Market Pricing (OOC)

It's being sold rock bottom.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Trying To Remove Fair Market Pricing (OOC)

There's a widget.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Trying To Remove Fair Market Pricing (OOC)

They're selling it for a penny on one piece.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Trying To Remove Fair Market Pricing (OOC)

And then another piece, they're selling it for a fraction of a cent.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Trying To Remove Fair Market Pricing (OOC)

Okay, well, you've got all these different open markets out there.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Trying To Remove Fair Market Pricing (OOC)

CoinMarketCap knows that.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Trying To Remove Fair Market Pricing (OOC)

They understand that.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Trying To Remove Fair Market Pricing (OOC)

What the team thought they would do is basically force a fake price by telling the exchanges to market make do that stuff to give the illusion on coin market cap of a price that wasn't real because it doesn't reflect fair market.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Trying To Remove Fair Market Pricing (OOC)

Only we bought reflects a fair market, true fair market, because even coin stores, far as I know, does not allow.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Trying To Remove Fair Market Pricing (OOC)

with deposits as far as I know that.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Trying To Remove Fair Market Pricing (OOC)

So chances are coin mark or coin store is subject to people that are basically dumping the darn thing.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Trying To Remove Fair Market Pricing (OOC)

It might be that the open deposits I didn't check.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Trying To Remove Fair Market Pricing (OOC)

I'll double check this after this one, just from my own curiosity, but,

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Trying To Remove Fair Market Pricing (OOC)

The decline in price on coin store.

Crypto Talk Radio: Basic Cryptonomics
Leicester On #BlockDAG Trying To Remove Fair Market Pricing (OOC)

It's clear that the market maker stuff is out of there.