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EXSAT_RAM_RAMS
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Some black men have been maliciously shorting EOS for a long time. They are used to blackmailing EOS. Now when faced with the RAM promoted by the community, they just open their mouths and arrogantly clamor to short RAM!
I really didn’t study enough and didn’t know enough, so I made a joke this time.
Regarding what RAM is, there are many posts on the square that introduce it, so I won’t go into details. I will just explain a little bit about popular science:
RAM transactions, whether buying or selling, are all real on-chain transactions. The buyer's account, seller's account, and transaction quantity are all public. They can be clearly seen on the chain and cannot be faked.
And the point is that there is no short-selling mechanism in RAM trading.
Even if someone wants to maliciously short RAM, he must first buy a large amount of EOS on the exchange, then take these EOS out of the exchange and put them on the chain, and then use these EOS to buy a large amount of RAM. Only then can he Go short by selling RAM in large quantities.
But here comes the fun thing, this is the awesomeness of the RAM mechanism!
Suppose that before he bought a large amount of RAM, the RAM price was 0.5eos/kb. After he bought a large amount of RAM, the RAM price automatically rose to 1.5eos/kb.
At this time, he wanted to go short, and he immediately smashed all the large amounts of RAM he had just bought!
If this were on a centralized exchange, it would create a huge pit, and he would succeed in shorting.
It's a pity that this is RAM. He spent all the RAM he bought, and the price of RAM only returned to the original 0.5eos/kb, and it didn't go down at all. After buying and selling, the price remained unchanged in the end. Instead, the transaction fee was paid in vain, and the short sale failed!
Moreover, his transactions of buying or selling RAM are all on the chain, and everyone can see them clearly. In the end, he can only become a fool who failed in malicious short selling and became everyone's laughing stock!
Here, pay tribute to the Banco mechanism of RAM transactions! This mechanism largely prevents malicious banker behavior and protects ordinary retail investors from being easily harvested by evil bankers.
Buy quickly and hold on to RAM, waiting for the skyrocketing price!
I really didn’t study enough and didn’t know enough, so I made a joke this time.
Regarding what RAM is, there are many posts on the square that introduce it, so I won’t go into details. I will just explain a little bit about popular science:
RAM transactions, whether buying or selling, are all real on-chain transactions. The buyer's account, seller's account, and transaction quantity are all public. They can be clearly seen on the chain and cannot be faked.
And the point is that there is no short-selling mechanism in RAM trading.
Even if someone wants to maliciously short RAM, he must first buy a large amount of EOS on the exchange, then take these EOS out of the exchange and put them on the chain, and then use these EOS to buy a large amount of RAM. Only then can he Go short by selling RAM in large quantities.
But here comes the fun thing, this is the awesomeness of the RAM mechanism!
Suppose that before he bought a large amount of RAM, the RAM price was 0.5eos/kb. After he bought a large amount of RAM, the RAM price automatically rose to 1.5eos/kb.
At this time, he wanted to go short, and he immediately smashed all the large amounts of RAM he had just bought!
If this were on a centralized exchange, it would create a huge pit, and he would succeed in shorting.
It's a pity that this is RAM. He spent all the RAM he bought, and the price of RAM only returned to the original 0.5eos/kb, and it didn't go down at all. After buying and selling, the price remained unchanged in the end. Instead, the transaction fee was paid in vain, and the short sale failed!
Moreover, his transactions of buying or selling RAM are all on the chain, and everyone can see them clearly. In the end, he can only become a fool who failed in malicious short selling and became everyone's laughing stock!
Here, pay tribute to the Banco mechanism of RAM transactions! This mechanism largely prevents malicious banker behavior and protects ordinary retail investors from being easily harvested by evil bankers.
Buy quickly and hold on to RAM, waiting for the skyrocketing price!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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