When will retail investors surrender their chips?

1. Lost and recovered, facing release after being locked in;

2. Lost and recovered, retreat after making money.

The main funds in the currency circle also played like this at the beginning, collecting retail chips through various means, and circulating profits between absorbing and distributing. Some old currencies: such as XRP LTC can see the shadow of such operation.

But in the current currency circle, except for BTC, I think most other currencies no longer have the concept of collecting chips. If this plate is broken, just change the plate. Because the difficulty of issuing coins is much less than the difficulty of listing stocks, the difficulty of concentrating on playing a plate to collect chips is much greater than the difficulty of starting a new plate again. This is the current situation in the currency circle.

Pie and the currency circle: At present, the biggest difference between Pie and the currency circle is that the composition of the participating traders is different. The counterparty of the native currency circle is: institutions vs retail investors vs retail investors; while the counterparty of Pie is: retail investors vs institutions vs institutions. The Bitcoin and cryptocurrency worlds have long been separated and will continue to drift apart.