Re:Winklevoss Twins Bitcoin ETF Rejected by SEC
by ur-whale on Friday July 27, 2018 @05:55AM
(#17624779)
How does stop hunting work in currency markets? If you want to go stop hunting, it seems you need to be able to push the price down somehow, no?
On an unregulated BTC exchange, that's fairly easy to do (e.g. wash trading).
Short of collusion between many high-level actors, how do you do that in the interbank market?
Re:Winklevoss Twins Bitcoin ETF Rejected by SEC
by cryptobeanbaby on Thursday July 26, 2018 @08:50PM
(#17622639)
Are you suggesting that manipulation is okay, if it has historically happened in a regulated market?
Is stop hunting considered a manipulative practice? Because it's happening every day in bitcoin markets. But stop hunting also happens in the currency markets (which also have ETFs), albeit they are more sophisticated and tend to happen around news. I'm not talking about bucket shops, I'm talking about the real interbank market.