RE: Some thoughts on whales in the crypto markets

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Some thoughts on whales in the crypto markets

in cryptocurrency •  7 years ago 

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?

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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!