News for hackers. Stuff that matters.
Re:Show HN: First US-based Bitcoin broker by ucha on Tuesday July 29, 2014 @12:22PM (#8103076)
You're absolutely right when you say that the brokerage could make money by front-running you. But so do the exchanges the broker is operating on. After all, we don't even know who operates btc-e, Bitstamp is slightly more transparent, Coinbase a bit more. The whole industry is completely unregulated so everyone could cheat you until it matures and some rules are set.
Re:Show HN: First US-based Bitcoin broker by akbar123 on Tuesday July 29, 2014 @12:39PM (#8103181)
Technically (more like legally), a broker cannot front run an order.