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A comment on What Happens to Stocks and Cryptocurrencies When the Fed Stops Raining Money?. Parent comment

Re:What Happens to Stocks and Cryptocurrencies When the Fed ... by devwastaken on Sunday May 09, 2021 @03:49AM (#27094088)
It's a bold new world of investing no longer controlled by behind doors paperwork, government, and traditional brick and mortar business names. Whom exactly are we protecting? There's no hidden costs, no hidden contracts or things you didn't sign up for. Simply 1 doge is equal to some amount of USD. It may go up or down. Investing is and always has been a more sophisticated game of gambling. At least here it's over hashes, and not irreplaceable needs like land/homes.

I don't see how they're meant to be "helping". That'd be like if the government swooped in to save your companies stocks from falling. What conspiracy is there here? Value has always been what we believe it to be, or what an authority says it is. There is no inherent value to anything. Gold/silver are just as valuable as some doge hashes.

[ Parent | on HN ]
Re:What Happens to Stocks and Cryptocurrencies When the Fed ... by viraptor on Sunday May 09, 2021 @04:32AM (#27094287)
> There's no hidden costs, no hidden contracts or things you didn't sign up for

, no protection against collusion, no rules against "insider" trading (as in, people acting before publishing token information, groups orchestrating pump&dumps), no rules about publishing false information about companies/projects, etc.

[ Parent | on HN ]
Re:What Happens to Stocks and Cryptocurrencies When the Fed ... by rebelos on Monday May 10, 2021 @04:15AM (#27103783)
You forgot wash trading. You could basically use SEC regulations developed over roughly the past century as a playbook to game crypto markets.
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Re:What Happens to Stocks and Cryptocurrencies When the Fed ... by bruce343434 on Sunday May 09, 2021 @01:25PM (#27097797)
> no rules about publishing false information about companies/projects, etc.

This is already covered by slander and fraud laws

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Re:What Happens to Stocks and Cryptocurrencies When the Fed ... by viraptor on Sunday May 09, 2021 @06:55PM (#27100624)
Slander doesn't apply to your company saying things about itself. Fraud doesn't easily apply to people outside of your country. (Especially if you don't know where they are)
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Re:What Happens to Stocks and Cryptocurrencies When the Fed ... by sudosysgen on Sunday May 09, 2021 @06:17PM (#27100333)
That can't be enforced much of the time because there is no regulation to enforce the identity and details of the project founders.
[ Parent | on HN ]