BK - thanks for the explanation, although one of my co-workers whos run a hedge fund read your Ann a few days ago an explained it all to me. He agreed with your design and he should know he's a Best Selling Author on Amazon and has one of the top 5 investment books on the market.
you wrote:
That is to say if a miner decides to dump, the NSF can only buy so much.
I would add that when dumps occur buyers who've been sitting on the sidelines quickly move in to capitalize on a 'good deal' - what's been lacking as was the case of Black Coin (as I sat there and watched it's run up a few week ago and subsequent crash...and I held on too long
) was the lack of a stabilization fund and no real sense of cohesiveness on the part of the coin holds themselves and it was 'every man' for himself mentality as the sell off began - Kind of like the Wall Street crash a few years ago. The NSF is certainly no slam dunk when it comes to stabilization but no one else has ever offered anything like it before so kudo's to you.
And as my co-worker says: "Panic selling is not an investment strategy" - so thanks for the NSF - it's an interesting experiment that could change the face of all new coins being introduced. I hope your patented it: LOL
ps: on a positive note, I see that the Network Hashrate is down under 4 this morning - it was pushing 5 last night so hopefully the multi-pools are losing interest.
one more pss if anyone wants to comment. I've read briefly on KGW - would that be of help to us here?