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A comment on Bitcoin Exchange Had Too Many Bitcoins. Parent comment
No, this has been done a number of times. Clams, lumens, byteball, this thing: https://bitcointalk.org/index.php?topic=1883902.0 all come to mind.
It isn't done often because it's not seen as a useful technique mostly: you just gave a ton your asset to people who think it's worthless, and who may actively dislike it. Not a great way to maintain a market price.
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No, this has been done a number of times. Clams, lumens, byteball, this thing: https://bitcointalk.org/index.php?topic=1883902.0 all come to mind.
It isn't done often because it's not seen as a useful technique mostly: you just gave a ton your asset to people who think it's worthless, and who may actively dislike it. Not a great way to maintain a market price.