still trying to get my head around the idea that because of a few decisions made by ethereum about the hard fork we now have two of the same type of currency both which are being manipulated constantly. and for those who have been in crypto for a while like i have theres no way this is "the norm" stuff we have been used to. price fluctuations yeah massive ups and downs yea. hacks into exchanges yea.
but... no one has been cloning coins and buying the main hub websites to essentially promote those coins. ETC now has the ability to expand and contract a coins worth though posting on a site considering they have been pumping their ideals through a very well known and heavily used crypto news site. this is the small scale version of rupert murdoch being able to manipulate fox news to be able to capitalize on the way a market will swing.
now imagine if rupert murdoch could clone dollar bills put them into circulation control the movement of those dollar bills through fox news. its like having dollar bills tied to fishing line casting it into a small lake in which the fish are planted by the millions so you know they will bite as soon as its cast and reeling them in whenever you feel like it, all this with zero regulation. thats something that is not "the norm" for the crazy swings of crypto and now that theres all this back and forth i'd have a really hard time seeing crypto move into a real marketplace for a long time. no one wants to be ruled by a few yet right now thats what crypto and especially this whole ethereum debacle seems to convey.
