Post
Topic
Board Speculation (Altcoins)
Re: Crypto is about to dead - Get out from it before its too late
by
Congyang
on 10/08/2018, 07:59:07 UTC
I think crypto currency market will never survive due to several reasons. I will not go into technical depth, you all knows what I am saying, so its better to get out from this before too late.
1- Crypto not a decentralised its truely Centralised by big whales and manipulated, controlling prices according to theirs mutual benefits.
You are wrong about decentralization, we see that the current situation and overall capitalization does not depend on whales but on volatility. Whales simply leaving earlier, minimizing losses, further exacerbated the situation, but they are not a control mechanism, otherwise they stopped this madness.
it was a mistake indeed that the great whale was in the cryptocurrency decentralization but that they only used it and did not have a big influence including the influence to play the price. the big influence in crypto is actually volatility.