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Re:Insider Trading at Coinbase by mousetree on Wednesday April 13, 2022 @07:11AM (#31013293)
Could you explain further. I'm not sure I understand how this relates to the parent comment?
Re:Insider Trading at Coinbase by ButchC on Wednesday April 13, 2022 @07:21AM (#31013366)
Imagine you you had a magic button that suddenly increased demand for a volatile security any time you pressed it. That would be a fairly valuable thing for some people.
Re:Insider Trading at Coinbase by lbotos on Wednesday April 13, 2022 @09:05AM (#31014122)
If I have information that the price of x coin is going to go up and my friend knows I know, then they just need to follow my trades and they can make money too.

If enough people follow my trades then this can generate demand and actually affect the price.

Re:Insider Trading at Coinbase by drexlspivey on Wednesday April 13, 2022 @07:17AM (#31013340)
It’s in their interest if other people copy their trades because the asset values will go up