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RE: Bonding DEC vs Buy and Hold - Which is Better?

in LeoFinance2 years ago

The real question in my mind is how much actual demand there would be for the DEC bonds concept. Everyone already knows that a ton of DEC will be required for things in the future, and if they buy now they can get it at ~62 cents on the dollar, but hardly anyone is taking that deal. DEC bonds would just be giving a larger discount, but with the downside of locking up the DEC, as you mentioned.

So if hardly anyone is taking the deal now at 62 cents on the dollar, then if we offered them for 50 cents on the dollar (which is roughly what it would be with your 800k DEC bonds gets you 1M worth of DEC example) would that really cause any significant amount of buying? Enough to make it worth the development effort of selling the bonds and then including them as payment options for everything that uses DEC in the future?

This is what I'm not really sure about. Also, the alternative is just to be patient and wait for the new DEC sinks to be released over the next 6 months or so. At the moment I'm leaning towards just being patient over creating additional ongoing development for something that I'm not certain will have that big of an impact.

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Fundamentally all markets have a clearing price. So at some discount level people will lock up the DEC.

Of course I don't know how the utility of eating into the existing DEC supply compares to development opportunity costs.

I can say for myself I'd be locking up ~100k DEC/day.

Posted Using LeoFinance Beta

The way you deal with fraud and cheating in your game, is by blocking people who report it to you. Thats right, the entire splinterlands leadership blocks people who want to report it to them, they throw those people from the chat rooms with permanent bans, and then run bully, harassment and intimidation campaigns. This is the way you fucking filthy fraudsters run your game. You were given evidence years ago of the insider cheating and fraud going on, but you swept it under the rug. Not only insiders, but your personal friends, who are also some of the biggest whales, who are then protected by the racketeers. Not only did you sweep it under ALL under the rug, but then you had the morals of a fraudster and you fucking hired some of them and started paying then with company revenue. While other were made moderators to hide and protect the scammers, cheaters and fraudsters.

Why did you hire hive insiders and pay them salaries for doing nothing but play the "game" like anyone else with company money that was supposed to go to building the game. Then the snake oil salesmen spent countless months lying to all the players about all the delays. I dont even give a fuck about that kind of fraud here, but I take exception to the 2 year long bullying and harassment campaign built on pure hatred against one of your original players in the game.

You know exactly who IM talking about, becuse you blocked me in the chat after I messaged you about it. But you are a fraud, a cpoward and a fucking pussy arsehole who protects the racketeers. GO TO FUCKING HELL YOU JERK, FOR PROTECTING THE SCUM OF YOUR INSIDER FRAUD.

Ive had enough of your mobsters and insider frauds pushing me around and giving me the exact same treatment that was given to palikari. There is nowhere or nobody left to speak to, because the racketeers have now banned me from every chat room related to your shitty game. Is that the peace love and freedom bullshit you are spreading? You are all fakes, who hate on anyone you dont like, and then treat them like dirt. So much love and freedom, and peace. Fuck you and your bullshit marketing spin and lies.

You are all directly responsible for the complete destruction of someones life, because of your egos, arrgoance and pure fucking greed. Get fucked. I hope you all get what you deserve for what you all did. We all kno what happens next. The mobsters and racketeers organise to have this comment disappeared. JUST LIKE ALWAYS. THIS IS HOW YOU DEAL WITH IT.

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I see one of your listed accounts seems to have blacklisted me without comment, and I am curious as to why. I am unaware of any interactions we have previously had, and I am confident I have never downvoted or blocked you, nor anyone you could conceivably know, since I almost never do either.

Has the account been sold or compromised, or is there some reason for the downvotes? Surely simply addressing any disagreement, rather than attempting to censor me - exactly as the above listed accounts have been - would be potentially more productive.

I'd appreciate any light you could shed on what is presently quite inexplicable from my point of view, as I don't use tokens as money, and am pretty immune to such censorship, at least insofar as economic pressure is concerned.

Thanks!