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RE: My Humble Plea To Steemit's Megawhales
Replying despite downvotes.
Problem is that this only works from a whale viewpoint if every whale does this. If there's one whale selling, the "good ones" are losing money. And who trusts everyone else? Exactly, nobody.
A valid concern, for sure... I think some of that could go on and it would still wind up making them money, though. The upside is incredible when you think about it.
Isn't that called prisoner's dillemma? Or am I not thinking clearly.
It's a lot like that, yeah.
I would say it's a little different because in this case it's plausible that no individual could do better by not colluding with the others.