You are viewing a single comment's thread from:
RE: The Stock Market is Dead - block chains will take over and destroy the NYSE
Really good read.
Though no one can "sell" your information on where you would place a stop order, insider trading and price manipulation still exists in crypto, perhaps worse than the traditional markets. It is very easy for an insider or whale to influence the price of a coin.
There are coins like nubits, bitconnect, and others that are all only plausible with price manipulation.
That being said, it is virtually impossible for a governing body to try and regulate these coins or blockchain in general, so I think these systems will probably be here for a very long time. Exchange based regulation is the closest they can get, but if it gets too bad many people will switch to decentralized exchanges.
I believe that decentralized exchanges are going to happen faster then any could imagine, and only be a stepping stone to something that ... would be as hard to conceive of now, as block-chain was back in the 90s. Something like the World Wide Exchange. Where exchanges just become part of the transport layer.