have these gamblers never heard of the futures market?
rational miners are supposed to short futures in proportion to their mining power, and then during market slumps, consider early closure of outsanding shorts that are now in profit, rather than liquidating "treasury" coins that were held in the hope of selling them for a ridiculous profit.
have these gamblers never heard of the futures market?
rational miners are supposed to short futures in proportion to their mining power, and then during market slumps, consider early closure of outsanding shorts that are now in profit, rather than liquidating "treasury" coins that were held in the hope of selling them for a ridiculous profit.