Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: emma.lee1890 on December 01, 2018, 03:05:50 PM
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We are the bears and the bulls, the hodlers and the fodlers, the peasants of the crypto world. We are just not one thing: we are not whales. We are many, but we don't control the market. Whales are few, but they are in full control. So it seems we got our own version of capitalism: the Crypto-Capitalism, where 1% manages the rest of 99%. What do you think?
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not everyone thinks capitalist, we can all become pope and can start by installing something altcoin or bitcoin. I don't think the market can only be controlled by the popes. But we must be able to stabilize it.
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We are the bears and the bulls, the hodlers and the fodlers, the peasants of the crypto world. We are just not one thing: we are not whales. We are many, but we don't control the market. Whales are few, but they are in full control. So it seems we got our own version of capitalism: the Crypto-Capitalism, where 1% manages the rest of 99%. What do you think?
You kinda have some point about that. ::) Just like in the real world where the real rulers are the richest of the
richest people and governments act as a puppet to those people who got control over the finance, there are some
similarities in the cryptocurrency world and the real world in my opinion.
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If you hodl a lot then you are to be called a whale, on their part controlling the price is easy. Large volume are hodl by them so they can do what they want. Investing a lot is really an asset in crypto world. Just be sure to manage and know how to work well.