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Not necessarily. If people buy after you trade then the value of your wallet goes up.
Could you explain further. I'm not sure I understand how this relates to the parent comment?
If enough people follow my trades then this can generate demand and actually affect the price.
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Maybe if you throw some more big words in, you will get your point across. Following this thread it is pretty evident that you don't have any evidence for your "all crypto is scam", and are pretty lost when asked for proof.
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Crypto fans want deregulated finance. Crypto fans get mad when deregulated finance is comically unfair. You really can’t make this up. Embrace this. It’s exactly what crypto is all about.
Crypto fans want deregulated finance. Crypto fans get mad when deregulated finance is comically unfair. You really can’t make this up. Embrace this. It’s exactly what crypto is all about.
Crypto fans want deregulated finance. Crypto fans get mad when deregulated finance is comically unfair. You really can’t make this up. Embrace this. It’s exactly what crypto is all about.
Crypto fans want deregulated finance. Crypto fans get mad when deregulated finance is comically unfair. You really can’t make this up. Embrace this. It’s exactly what crypto is all about.
I think crypto fans want transparency and an equal playing field, and are more afraid of things like regulatory corruption and markets that are not open to them. It is not clear that "regulated finance" prevents comically unfair outcomes either. You still have insider trading that is legally protected, discriminatory rules like accredited investor qualifications, and abuse of the legal system by the rich to avoid reg…
If you want more transparent investments then you should be advocating for reforms that will encourage companies to go public sooner. This would be reversing the trend in recent years where companies stay private longer, which allows them to not disclose how they’re doing.
Is this insider trading according to the law? Nonpublic information isn't being used to trade public stocks; it's being used to trade assets that don't appear to be regulated securities.
Crypto fans want deregulated finance. Crypto fans get mad when deregulated finance is comically unfair. You really can’t make this up. Embrace this. It’s exactly what crypto is all about.
A lot of the rah-rah boosterism of "decentralization" is coming from VCs that saw how much money there is to be made by ignoring laws and regulations for long enough. Airbnb and Uber are the most brazen examples of this. What's left unsaid of course is that the only interest deep-pocketed investors have in dismantling elements of the financial system (MC/Visa dominance, KYC/AML checks, suspicious transactions disclos…
Isn't this a fact about capitalism and not at all specific to the financial sector?
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This is so on point. To me, and many others active somewhere on the "regulated finance" spectrum, the way crypto kept going on and on how awesome "deregulation" is from a consumer standpoint was tragically ironic. The vast majority of regulation is there to protect market participants.
>The vast majority of regulation is there to protect market participants. Anyone involved with GME knows this isn’t true.
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This is so on point. To me, and many others active somewhere on the "regulated finance" spectrum, the way crypto kept going on and on how awesome "deregulation" is from a consumer standpoint was tragically ironic. The vast majority of regulation is there to protect market participants.
>The vast majority of regulation is there to protect market participants. Anyone involved with GME knows this isn’t true.