"Should the ITN live on? Community discussion… " - bigpey video

hey @bigpey i feel your pain with dual boot :nerd_face:

while he did mention litecoin tce, he was quite adamant on the follow up video for this not to be construed as a hard fork/cardano lite as he understands that it has fundamental repercussions (negative) on perceptions, especially as the media has already been spinning it that way already. a false narrative reframed as a failed experiment that’s splitting up post community vote before it even launches. this affects perceived integrity.

as for the higher price, i was referring to instances like if that decision was to be announced now, majority of folks would be buying at today’s high price. in a bid to out accumulate ones from old snapshots as well as old and new who have bought cost average since then. either way it’d be stacked against them. as a consequence that would affect the price significantly with the highly probable strong sell off post shelly. as much as we in it for the long term-ers believe short term price movements don’t matter, they do have a psychological effect on market perception, and wash trading type volatility doesn’t bode well with adoption on all levels.

while i appreciate you’ve disclosed that having a new snapshot would benefit you, which obviously affects/influences your stance on the debate. personally - even with itn rewards, and purchases since old snapshot factored in - i could lean either way, so it’s not an influencing factor.

i’m curious to hear your cost benefit reasoning tho