Re:Coinbase adds support for Litecoin
by gnaritas on Friday May 05, 2017 @10:51AM
(#14273832)
> It would harm shorters, but since those ones are wishing harm to the company, it still seems fair.
No, it isn't fair; this notion that shorters are somehow bad guys is bigotry. Shorters are just as important as those who go long in keeping prices accurate, they are not bad in any way and thinking it's "fair" to fuck them is a symptom you don't understand the market. Shorters don't wish harm on companies, rather they see companies are irrationally overvalued or see the company is doing something to risky or behaving badly and expect the stock price to fall. Don't be a bigot against trading one directly over the other, they're both the same.
And no, no insider trading at all, it's always stealing; you can't come up with a way to justify stealing. It's not ok to steal from investors to make up for being treated unfairly by your company.
No, it isn't fair; this notion that shorters are somehow bad guys is bigotry. Shorters are just as important as those who go long in keeping prices accurate, they are not bad in any way and thinking it's "fair" to fuck them is a symptom you don't understand the market. Shorters don't wish harm on companies, rather they see companies are irrationally overvalued or see the company is doing something to risky or behaving badly and expect the stock price to fall. Don't be a bigot against trading one directly over the other, they're both the same.
And no, no insider trading at all, it's always stealing; you can't come up with a way to justify stealing. It's not ok to steal from investors to make up for being treated unfairly by your company.