Quote from: adaseb on December 11, 2018, 07:22:39 AM

Quote from: RivAngE on December 10, 2018, 01:20:14 PM

Quote from: smurfpapa on December 10, 2018, 11:25:45 AM

I know people that know people on Wall St. and I can assure you none of the exchanges is building infrastructure for institutional crypto trading. Buying or selling any crypto coins or tokens is against the federal law in the US. This is one big manipulation this is fake news someone probably banks are paying the crypto news sites to spread these lies and then they are shorting big and when prices crash they buy your coins at lower prices. Everyone who is falling for this "institutionals are coming to save the day" is an absolute fool I can't describe it any better. And what the hell happened to decentralization suddenly everybody became from decentralist to centralist, "banks are coming to save the day hooray", give me a break. This is the oldest trick in markets - buy the rumor sell the news and they been robbing you for months!

There was no decentralisation from the beginning. When inexperienced teenagers were using their gaming PCs to obtain 1 ETH / day but now it'd take about a year to get 1 ETH with a good single-GPU PC... it means that the wealth was locked with the few first people who got in early.
Sure, the early investors should be rewarded, but I never called this decentralisation.

I hope that one day, in a couple of years of now, there will be no whales anymore and only then we'll see real decentralisation.

I was an early miner with ETH, and I think I mined about 1 ETH per GPU per day. However those ETHs were long ago sold at probably $10/ETH or so.

I did keep some in case of a large pump and those I've sold at $25/ETH. And I am pretty sure this applies to 99% of all the early miners.

The real Hodl'er of ETH are the ones who bought the ICO at 30 cents a coin. They probably sold most of those ETH's anyways and most likely less than 1% of those investors still have large quantites of ETH.

You see profit, you take it. Basically would be stupid not too.

I also sold most of my ETH at around $1.

Sanguintan

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