LogFAQs > #974995584

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Topic	Blockchain and Cryptocurrency General: All things from development to investing
Tanthalas 07/22/23 8:48:15 AM #44:	whitelytning posted... This isnt true at all. There is a large staking community that is perfectly comfortable holding and holding. Well duh. If that "staking community" tries to sell, the value of the currency immediately plummets. Endgame for crypto is always waiting to see how much the price goes up before someone blinks and starts selling. It's also why people keep trying to make new crypto, because the real money is there, when the currency is new. The people that profited most from bitcoin were the early adopters, not the people currently holding "millions". --- Sir Markham pointed out, drinking another brandy. "A chap who can point at you and say 'die' has the distinct advantage". <cite>Tanthalas posted [p:974995584] in Blockchain... [t:80513844]...</cite> <quote>whitelytning posted... </cite><quote>This isnt true at all. There is a large staking community that is perfectly comfortable holding and holding.</quote>Well duh. If that "staking community" tries to sell, the value of the currency immediately plummets. Endgame for crypto is always waiting to see how much the price goes up before someone blinks and starts selling.It's also why people keep trying to make new crypto, because the real money is there, when the currency is new. The people that profited most from bitcoin were the early adopters, not the people currently holding "millions". --- Sir Markham pointed out, drinking another brandy. "A chap who can point at you and say 'die' has the distinct advantage".</quote> ... Copied to Clipboard!
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