Thoughts on Random's Video Last NightIf you have the time, please see Random's video:
https://www.youtube.com/watch?v=bYRhkdOCWWgIn this video, Random explain the CHC movement as succinctly as can be.
What is at stake is bigger than CHC. If this movement fails, it means that the model of pump-and-dump, the law of the jungle, the race to the bottom, will be the law. However, if CHC turns out to be a success, we can repeat this same approach with other low-cap coins.
What Random is describing is a
total disruption of crypto: collective action of pump-and-HODL replacing the outmoded pump-and-dump. I strongly support this movement, not so much because I want to be rich, but rather I want to see this disruption happen.
Caveat emptor: I love Random, it is hard not to. However, I think Random is being a little melodramatic by describing this as an epic battle between the little guy and the whales.
Random believes that
this is war and that the price of CHC is being pushed down by forces that are threatened by this movement. I suspect something simpler is in play: CHC movement doesn't (yet) have control of enough CHC to influence the price. The market cap is (was) too big. and there weren't enough of us to lock up enough CHC to control the price.
However, now that CHC is down sharply, we have the opportunity to get control of a lot more CHC and get the coin locked up master nodes.
As Random suggested, now is a great time for everyone to get at least one node. It is reasonable right now (the price seems to be stabilizing) at about $1,000/node.