Scorum / scorum price

By Lannie Brockstein.September 12th, 2019. AROUND ONE YEAR AGO, WHEN COLIN KAEPERNICK (FORMERLY OF THE SAN FRANCISCO 49ERS) WAS PISSING EVERYBODY OFF FROM HIS ADVERTISING OF NIKE RUNNING SHOES, the price of Scorum's SCR was $0.259301, whereas it is currently around $0.007699. For those of us who care about the success of Scorum, ought it not be asked for the sake of civilized discussion and debate if it is possible that the price of SCR has been sabotaged by Facebook having purchased a large amount of SCR around a year ago, for the purpose of dumping it over a prolonged period of time, in order to devalue it, so that Scorum in its being a competitor to Libra will no longer be a threat to Libra? It is well known that Facebook and Google each have a record of having bought up the competition, either to further develop the competition’s product as their own, or to completely shut it down.On this page at Quora (look for the image of a smartphone with Scrabble pieces), there is an article by Sylvain Saurel about Facebook having destroyed many of its competitors.~~~ WAS THERE EVER AN ATTEMPT BY FACEBOOK, or any other group that might have been hired by Facebook, to purchase Scorum? Did none of you find it odd that on the day when the Libra white paper was released, the price of all cryptocurrencies tanked, including the price of Bitcoin? Was that intentionally done by Facebook as a negative marketing tactic so that Libra would not be overshadowed in the news cycle by any other cryptocurrency? Furthermore, on the day when Facebook was before U.S. Congress, again the price of all cryptocurrencies tanked, including the price of Bitcoin. In having billions of dollars at its disposal, and with the cryptocurrency market being in its infancy, along with the lack of regulations in the cryptocurrency market, it would probably be relatively easy for any corporation as large as Facebook to temporarily sabotage the entire cryptocurrency market and to destroy the price of specific altcoins if it served its purpose to do so. If it is largely Facebook that has been manipulating the price of SCR to the point where it is currently worth less than $0.01, then what can Scorum do to defend itself against that mighty corporate behemoth? What options do companies typically have if their stock’s price on Wall Street is being sabotaged by the anti-competitive practice of a much larger company that either wants to destroy the competition or perform a hostile takeover? The total supply of SCR is: 29,265,075 SCR coins. Its market cap is: $234,735, which is basically chump change to Facebook. It might have cost a bad actor less than $1,000,000 (also chump change to Facebook) around one year ago to have nowadays decreased the price of SCR to the point where it is currently almost completely worthless. Around one year ago, SCR’s market cap value was $7,505,379. The price of SCR has since decreased by around 97%. Steem is another competitor to Facebook's development of Libra. The price of Steem has also decreased substantially during the past year leading up to the Libra white paper’s release, and to the point where, like at Scorum, many of its users have also quit using that platform in part due to that price decrease that has no end in sight. Whereas one year ago, Steem’s market cap value was $217,384,665. it has since decreased to the point where it is currently worth $53,873,504, which is a loss of around 75%. In its having had a much larger market cap than SCR, it has been more difficult for the price of Steem to become almost completely worthless. But it is well on its way to being completely worthless. If the price of Steem from $0.782940 since around one year ago to its current price of around $0.156455 was manipulated in large part by Facebook, then that probably means Facebook will continue trying to decrease the price of Steem to the point where it will have become almost completely worthless, like the SCR coin has. Yes, the problems at Steem and the problems at Scorum might have contributed to the price of their respective cryptocurrencies having decreased, but probably not by a whopping 75% and 97%! On this page at techpp.com titled "Is Google Buying Companies Just to Shut Them Down?" by Alex Serban, there is a list of companies that Google has destroyed.~~~DON'T ANY OF YOU FIND IT ODD that during the time when the cryptocurrency market has largely returned to being a bull market (with the exception of the specific days when Facebook’s Libra was in the news), the prices of Steem and SCR (each of which are Facebook’s competitors) have stayed in a bear market with no end in sight? Furthermore, earlier this year, and on the very day that EOS had its big announcement that it will be releasing its Voice social media platform later this year, the price of EOS tanked, which was exactly the opposite of what commonsense says should have naturally happened—unless the price of EOS was being intentionally sabotaged on that day by one or more of its business competitors. Is it possible that the prices of Steem, SCR, and EOS have been specifically targeted by Facebook (which has not yet stopped exploiting the data of its users) to be manipulated in a prolonged attempt to shut down Libra’s competition before the probable release of Libra in 2020? Buying up the competition is a tactic that Facebook and Google have each been known to practice, in their already having done exactly that to many other companies that were their respective competitors. Based on its own history of having selfishly furthered its own interests at the expense of others, why shouldn’t we question in a reasonable manner if Facebook has conspired to behave in the same nefarious way towards Libra’s competitors, such as Steem, SCR, and EOS? In a market without regulations and thus that is like a baseball game without any umpires, and a hockey, soccer, or football game without any referees, when a company is being attacked by a competitor that is trying to execute a hostile takeover, what are some of the things it can do to protect itself? Perhaps those defensive measures are what Scorum must do, if it is not too late for it to do so.#conspiracytheory #facebook #google #anti-competitivepractices #cryptocurrencies #libra #scorum