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RE: Some thoughts on whales in the crypto markets
Upvoted and followed. Some of the whales are benevolent, which is cool. However, the market manipulation that goes on in some crypto is egregious. Cool post.
Very much appreciated!
You made me realized that the post does lean in the negative direction.
You have anything in mind in terms of their benevolence?
I don't know if I have much to say in terms of the benevolence of whales except they probably are better prepared resource-wise to defend price levels and projects. However, having an outsized voice can be a bad thing too. And any kind of price manipulation is problematic in the long-run because it hollows out the "truth" of any price. Thanks for replying!