Following the point about D manipulation, you can found the same traces on the January 2022 chart. 3% of the total crypto market cap was robbed.
The situation has not changed much at the moment, about the roles I mentioned: According to reliable information, Chinese miners have now transferred equipment to South and North America; Chinese retail investors have decreased but they still have a lot of ways to trade; Also those price prediction groups on Wechat are still active. Well miners from other countries won't tell us whether they joined the gang or not.
With those Chinese miners, btc has seen few technological upgrades since that controversial hard fork. Because it is not necessary, as long as they manipulate D, they can starve the altcoin projects that carry out technological innovation and easily win. Even if someone wanted to, do you remember how many miners in the so-called community were strongly opposed to Ethereum's upgrade proposal?
This is extremely harmful to the crypto industry, both altcoins and btc. When Satoshi's prototype finally fails to maintain its Dominance, they will soon dump all their holdings and crash the entire market. If you believe crypto is the future, then all they do is DESTORY OUR FUTURE.
The situation has not changed much at the moment, about the roles I mentioned: According to reliable information, Chinese miners have now transferred equipment to South and North America; Chinese retail investors have decreased but they still have a lot of ways to trade; Also those price prediction groups on Wechat are still active. Well miners from other countries won't tell us whether they joined the gang or not.
With those Chinese miners, btc has seen few technological upgrades since that controversial hard fork. Because it is not necessary, as long as they manipulate D, they can starve the altcoin projects that carry out technological innovation and easily win. Even if someone wanted to, do you remember how many miners in the so-called community were strongly opposed to Ethereum's upgrade proposal?
This is extremely harmful to the crypto industry, both altcoins and btc. When Satoshi's prototype finally fails to maintain its Dominance, they will soon dump all their holdings and crash the entire market. If you believe crypto is the future, then all they do is DESTORY OUR FUTURE.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.