Well folks, XBC will not live long if we (the crypto community ) continue to collude with the whale problem.
Exchanges and traders know who these people are and know what tricks they use. Time and time again the troll boxes yammer about the p and d's while the whales, some of them cynically and blatently, rape new coins. The whales in their tertiary blindness and stupidity forget how many people on exchanges are trying to feed their kids.
Whales think they are so clever when all they do is abuse the power they hold. Agreed, the skills and power are built up over years and hard earned but that's no excuse for unfettered greed. We don't want Wall St. in crypto.
Be a clever trader but not a greedy, opportunistic, egotistical pig. Make the profits but within reason.We can admire your skills but detest your activities.
The exchanges, traders and investors must do something to put a limit on outright destructive whaling. Maybe some nubies and traders admire the whales or try to get into the slipstream for a quick buck. Understandable. But think about the cumulative impact it has on us all.
Time to restrict the whales. Crypto is at it's heart about fair distribution and fair profit. Let's not make it too easy for the predators. It only inflates their egos and bank balances. Governments and banks have been playing "gamesofdeception" on us for centuries and thinking themselves heros for it. They get away with it as long as we let them.
Whales will not listen. They will carry on and rationalise what they do in terms of " nothing personal, it's just business ". Time to cull the herd.
well said but this weakhand looting will go on anyway.
As long you can make a profit no fucks will be given.