You are viewing a single comment's thread from:
RE: Bitcoin Could Reach $25,000 Soon / EOS Scam? / Blockfolio Snooping Portfolios / Dash Roadmap / More!
I have to agree with you 100%. If this system can be overpowered by the "haves", it's almost like the "have-nots" don't stand a chance! Great information.
And altcoins will rise too then.
What makes this worse is that they want to transition ETH to a "Proof of Stake" system. This will encourage this kind of behavior, since that system is based upon who has the biggest pile of wealth.
It reminds me of the current fiat system in that regard. Its one of the reasons that ETH is on my no-go list for long term investment. Scalping and short term trades, sure. But not something I'd sit on for more than a month or so.