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Always interesting how crypto prices tank after legal action is announced against exchanges. Isn't the whole point to be decentralized in the first place? Hard
by adamsmith143 3y ago
Always interesting how crypto prices tank after legal action is announced against exchanges. Isn't the whole point to be decentralized in the first place? Hard to believe the whole dip is due to people wanting to get their tokens off the exchanges.
- jrm4 3y agoWell, there is no "whole point," right? You could roughly divide the crypto world into "true believers" and "people who just want to get rich." The latter overwhelmingly dominate price and volume, and moreover it's the "whales," i.e. a relatively small number of parties. I suppose I'm something of a "true believer," but what I may want or think is best doesn't matter in the face of the working crypto technology. The incentives are in place and to an extent we just have to sit back and see what happens.
- nfRfqX5n 3y agolooks like the price barely changed
- adamsmith143 3y ago? Bitcoin is down 5% since Binance was sued...
- awaythrow483 3y agoPrice is up today