@leojay
@nader , you just need to commit to spending $30 million to buy back and burn $DESO whenever it drops below $10 in order to boost the price. If you do that, odds are you won't actually have to spend a single penny, as the market will quickly push the price back up above $10 on its own
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@iodacasamia
This is just theory; there's no guarantee it will actually happen. It's not an exact science; investors know the drill, and the price spike is just a temporary flash in the pan. The boss prefers to save money.
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@Aviela2022
Nader will never buy and burn deso
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@CozyKoala77
You just need to carefully observe what happens right now. Liquidity, 60k, was supplied to DESO. The market's response is null. Same is going to happen to the second round = $openfund buy&burn. All the liquidity will be extracted, and the market stays as is, when the "distract you from Mirror madness"-shit show on Openfund is going to be over.
Why do you think he does that exactly right now? He had 4 years time to provide return to $openfund holders. He opts to do it exactly when Mirror is on show.
That's my personal uptake.
We essentially see here the results of "5.5 years financial fuckery is a very different thing than actual product development, and market success."
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@Ollys
No, I don’t think this is the solution; as things stand, a social platform like Focus probably isn’t necessary yet. If it ever becomes so, we’ll certainly realize it, but for now, it’s not needed—otherwise, it would be more widely used.
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@CozyKoala77
To me this makes no sense. Why, if there is zero demand at even $1, should there be demand at $10 (especially if $1 > $10 results from a (fake) pump)?
There's no demand for reason = Nader is unable to do DeSo; excuses himself with "time not being right". Truly, and simply he's unable.
I'd guess that if he pumped the price to $10 , it was, soon after, back at $1; at least more likely as there was demand for "$10 DESO" coming out of nowhere (coin suddenly, and for no reason, appreciated by the market x10 ?).
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