this is SAD
Islapdonkey is right about not protecting the price while knowing there was an issue.
you selected to implement something that did not result into solving the problem since the guy abusing the hashrate is still here.
Price was stable between 1000 to 1500 sats by the time of Octaex exit scam, then "that" guy appeared and killed the price with his continuous dumping. it will be a miracle to see it back there since the abuser has million of coins waiting to be dumped while made an army of MNs.
i stopped mining this with my "big" cpus when the botnet-cloud service guy appeared but i still have 4 "smaller" cpus mining a few aros per day although i'm not so optimistic anymore.
How more miners are joining, how less 1 person can get. If the ARO team will control the mining part and the price, i prefer the oldskool bank they also regulate everything.
They can not ban a miner what have great speeds, there are also 0 proofs he is using hacked AWS accounts, its speculating. Maybe he is paying for those hashing power, nobody knows.
So no i never hope that ARO will act like the banks we have worldwide, ARO should be open for everybody so also big miners. On many coins u see 1 or a few persons is getting massive speeds (nicehash/rent users etc etc), also a price from a coin is NEVER EVER stable at the begin stage. ARO is still in the begin stage so the price is always getting ups and downs, i dont uynderstand why people make a problem about the ARO price is doing the same as all other coins.
This is no issue, this is how the cryptoworld works. ARODEV have the possibility to ban ZEAN, for what i know he dont want to do that because that's against all the rules a cryptocoin should have. This is why the fork came what was not planned at the beginning but it's a step forward for the community.
The issues were some people are talking about.. u can say that about all the coins what are active on coinmarketcap (only not USDT, this is a regulated coin and it will nog get pumped and dumped, its 1dollar for 1 usdt).
People what bought Bitcoin at 20.000 dollar, are they ''crying'' now because the price is 6000 dollar? Is this because BTC is bad? Nah i dont think that. Every coin got a lower price in compare with 6-9 months ago. U can not blame the ARO TEAM when prices are lower now...
I really dont understand the discussions here about the price, about zean... U can copy paste that in EVERY topic on bitcointalk, so please paste that messages in other topics, this is a waste of useless pages in this topic
I think the biggest problem from ARO atm is that the team is active and try to help everybody, there are always people what try to abuse the goodwill from a hard working team, sad but true.
Tell me:
Why did not ETH protect the price? Why did not BTC protect the price @ 20k dollar? Why did nobody protect there price during the last months? Because that's what we called; regulating the price = against the cryptosystems how it should work. That's why the aro team also dont protect the price with buy walls. Remember its a totally new coin in the cryptoworld, it always take time to raise. No worry about that
Ps. if you have proofs that zean is abusing the amazon/cloud servers on a illegal way, please send so the aro team can make actions about this. The problem is, there are no proofs (for what i know, but i can be wrong in this) he is using a botnet, its speculating by some people at this moment.
I think its more important to talk about the features this coin have and everything what is possible on this ARO system,
.
So, Mr super shiller with a purpose, no one said anything about banning anyone. However, the dev was aware/ informed by several members of the community that one acct was earning all the block and also saw that the same acct was dumping/destroying any chance of creating a buy wall on mercatox. This dude was decimating huge buy walls in seconds. Rather than take immediate action to protect the investors who spent tons of money to maintain stability over 1k+, they choose to do nothing till the coin fell all the way down to the lower 200s, and the individual that destroyed the value has accumulated enough coins to shoot to the top of the leader-board and surpass other investors by several millions coins. (like i keep stating their decision to do nothing is extremely suspicion to me, i would even scream collusion but unluckily i don't have any proof to back it)
They would have taken immediate action to update the algo, if they actually had their own personal funds invested in the project but since that wasn't the issue and it was all gain, they did absolutely nothing. So no one was asking aro dev for a buy wall, cos obviously they weren't investing their own funds. The initial investors were providing the buy walls, till one individual discovered a way to abuse the limitation of the algo and destroy any attempt of creating a buy wall, no matter how big it was.
So again, this was not an organic dump dictated by the mass which is inevitable, rather this was a dump orchestrated by one lone individual who was allowed to abuse the algo limitations for several months when his action could have easily been curtailed if the dev choose to take immediate action and update the algo to protect their investors.
So in a way this is like monero admins choosing to do nothing for months to update/ protect their investors when bitmain decided to release a miner that would have decimated the price, if the algo change was not implemented. Monero still recorded loss that correlated with the current bear market, but if their admin had done nothing to protect their investors, the current price of monero would be beyond horrendous.
Oh and you keep mentioning a new exchange but from all communication on discord, they still begging for more donation to approach a new exchange. So unless you can copy/paste this info about a new exchange that is on the horizon, i suggest you quit with the bs
