Power down time:
60 weeks
summary: I lost my 20 hive, if someone can issue tokens like that, then the hive-engine is not decentralized.
Power down time:
60 weeks
summary: I lost my 20 hive, if someone can issue tokens like that, then the hive-engine is not decentralized.
It might be tomorrow that I'll post a blog about the transaction you noticed. My eye doctor appointment went longer than expected today. Definitely some selling off of BLOG by @blogtoken based on what's on the HE-Explorer but I need to study it further. @blogtoken placing a buy order of 70,000 BLOG when the account can issue the 70,000 BLOG for free seems odd. I don't think you've "lost" your 20 HIVE though.
Maybe market manipulation
The problem is that he can issue more tokens at any time and dump on market.
I wrote a post about this issue. I don't think that a token account being able to issue tokens at any time is the problem. The way @blogtoken is doing it seems to be a problem. A tool can either be used or abused.
That is weird. Based on trade history it looks like maybe the issued BLOG were dumped on the market. I might need to write a blog post about this later today.
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