Quote from: Minor Miner on Today at 12:00:41 AM

In fact, whales are using the institutes to create instant hype in the market after hdling enough bitcoin in their reserve at the lowest price, then when the market gets hyped, rises at the top, and stabilizes there, whales gradually sell their holdings to retailers. Thus they buy at low and sell bitcoin at the highest profit. Then after making profits, they use the rest of their holdings to make dump the market, then panic selling starts and the whale starts to accumulate their holdings again.

Assume that there are ten participants in the currency circle, each with 10 yuan. If it is a small number of people making money, one of them earns 2 yuan from the other nine people, this person has 28 yuan, and the other nine people have 8 yuan, and the game can continue. If most people make money, nine of them earn 2 yuan from one person, and nine people have 11 yuan. One person not only loses money, but also owes 8 yuan, and the game can't be played anymore.

If a few people make money, the market will be sustainable; if most people make money, the market will collapse.

These are the rules of the game and the embodiment of human nature. Long-term holding is the kingly way, and I will continue to recharge my faith.