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As someone rather naive in regards to cryptocurrency, I don't understand what you're basing this on: > These smaller coins do not have the capability to automa
by rhn_mk1 5y ago
As someone rather naive in regards to cryptocurrency, I don't understand what you're basing this on:
> These smaller coins do not have the capability to automatically or naturally grow bigger market caps, trading volumes, and buy-side demand just because ETH switches to PoS.
What would they need to cross that barrier? For example, don't all coins have the ability to manipulate trade volume by sending money between owned wallets?
- dataangel 5y agoSending money between two wallets you own creates transaction volume not trade volume. The latter comes from orders matching against each other on an exchange and requires paying the exchange fees so it is not as easy to fake (you need the exchange itself to be in on it, or they take all your money in fees).