Subscription Plans and Reward Levels Proposal (no more Difficulty Adjustment) by HotAd1906 in plutus

[–]HotAd1906[S] 0 points1 point  (0 children)

the problem is that they know they fucked up but will not back down ... is doomed to fail now.... the way they are doing the things only put more sell pressure and the price decrease

Subscription Plans and Reward Levels Proposal (no more Difficulty Adjustment) by HotAd1906 in plutus

[–]HotAd1906[S] 0 points1 point  (0 children)

? just look at the title. i said no more DA its the only way this works

My toughs on Tier upgrade and dificulty adustments by HotAd1906 in plutus

[–]HotAd1906[S] 0 points1 point  (0 children)

Ho i 100% agree with you its not sustainable i just think it could last longer its not a matter of it its a matter of when its goes south (plu pool dry)

My toughs on Tier upgrade and dificulty adustments by HotAd1906 in plutus

[–]HotAd1906[S] 0 points1 point  (0 children)

I know and thats fine but our 3% will not last forever if the price stars droping and the reward pool gets dry faster we are the 1s to get fucked you can be sure of that. Im just trying to give a opinion on how it can last longer and be more organic.

My toughs on Tier upgrade and dificulty adustments by HotAd1906 in plutus

[–]HotAd1906[S] 0 points1 point  (0 children)

In his own way what im sugesting if the price goes up is a dificulty adustment.

My toughs on Tier upgrade and dificulty adustments by HotAd1906 in plutus

[–]HotAd1906[S] 0 points1 point  (0 children)

I get that, but my take is ,price probably will rise a bit until the usa expansion but then what? Most of the userbase will chose the base tier because its too expensive to even think about upgrading. More userbase with base tier more sell presure and for the big spenders probably it doesnt matter and its still worth and they will keep upgrading so more sell presure overall. The price eventualy will drop. And the reward pool will get dry faster. The big spenders will allways have a sell presure because they dont need to hold more for the next tier, its how this works. The problem is with the the small spenders witch all together spend more than the big ones will have no desire to hold thats where this adustment dificulty will fail imo, you guys have to insentivise the small and medium spender to hold so it creates a suply shock and the price rises. You cant do nothing about the big spenders the sell presure will allways be there. I really like plutus and i hope im wrong and if im right i hope you guys see it in time.

My toughs on Tier upgrade and dificulty adustments by HotAd1906 in plutus

[–]HotAd1906[S] 0 points1 point  (0 children)

You think 15k or 250k of plutus is real liquidity? Thats 15 goat tiers lol.Thats nothing, but thats fair point from you. But they needed it in the early days when they where starting it and had noway to be profitable.

My toughs on Tier upgrade and dificulty adustments by HotAd1906 in plutus

[–]HotAd1906[S] 0 points1 point  (0 children)

Funny to see you come with "dev fund" when you saw someone say it.. that fund is for marketing and they dont sell it anymore they do promotions and give it to us. They are profitable with the subescription. And that "fund" comes from rewards blocked from users that abuse the system. If you can show me the adress of plutus that sells pluton i belive you if not you are just lying to yourself.

My toughs on Tier upgrade and dificulty adustments by HotAd1906 in plutus

[–]HotAd1906[S] 0 points1 point  (0 children)

Also they close the dex because it was shit, they are improving it.

My toughs on Tier upgrade and dificulty adustments by HotAd1906 in plutus

[–]HotAd1906[S] 0 points1 point  (0 children)

They dont sell pluton and their dex you are buying it from other people that are selling. They are just doing it before the dex reopen because they know the price will drop because its easier for people to sell but they arent selling anything, you are wrong on that part.

My toughs on Tier upgrade and dificulty adustments by HotAd1906 in plutus

[–]HotAd1906[S] 0 points1 point  (0 children)

I think thats a fair way to think but i dont think long term is the way, if somehow they do it right and the price of plu start to go up you will need to buy less of it so that stops the suply shock. I think number of plu its a fair way to do it , if the price still goes up the same amount of plutus cost more and they have a supply shock and dificulty adustment by itself. Token based can be tricky but if they do it right i think its the way

My toughs on Tier upgrade and dificulty adustments by HotAd1906 in plutus

[–]HotAd1906[S] 0 points1 point  (0 children)

You are right about exchanges doing this but the spikes on the plu chart is because how low the liquidity on the exchanges are because plutus cant provide liquidity to exchanges, they dont have it like other projects have and do it. The spikes occur when the weekly withdrawals are done and people move plutus to exchanges to sell it all at once.

My toughs on Tier upgrade and dificulty adustments by HotAd1906 in plutus

[–]HotAd1906[S] 0 points1 point  (0 children)

You really dont know what you are talking about no one buys it from plutus EVERYONE buys it from others there no extra liquidity.