Man only thing wrong with this game is everyone just does 'what you're supposed to do' according to advice that isn't even really tested over a large enough sample size.
Like right now Bitcoin is getting dumped simply because it's the end of the year and well you gotta cash out before 2018 right? Not really, everyone is literally just following along like little horse and ponies with whatever the whales dictate.
Everyone assumes January will boom cause it does traditionally in the stock market, the whales want everyone to dump right before jan 1 so they can scarf it up before the boom. I just feel it's too predictable, cookie cutter, and by the playbook. It's just frustrating watching everyone just copy each other cause well 'that's what you're supposed to do'
Bitcoin would be more stable if there wasn't a bunch've uneducated panic on it every time someone with a lot of BTC starts manipulating the price. The game will mature I guess.
Can the game really survive off a mass coordination of pump and dumps online? Somethings got to give.
Regulation is coming, mainly because whales can control the entire market, a lot of it has to do with the fact Binance fees are so little and they can keep doing shytty trades that would otherwise kill them on other exchanges. With Binance now being the number 1 exchange you can see the manipulation in coins that aren't on it that can skyrocket, yet ones that should explode don't because the Binance whales just out chea havin fun with it.
If XRB had been on Binance and a few other smaller exchanges the shyt would be $4 right now, it's why ICX isn't flying like it.