macsga
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Strange, yet attractive.


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December 31, 2013, 01:51:52 AM

If traders are not exploiting defects in the trading system itself (which is actually a "feature" on the NYSE where elite participants have better access than everyone else) then there really is no argument. A manipulator that can influence the market because he has more coins or fiat than other's is not reason to cry foul. It is also a misnomer to think a large trader negatively affects the smaller; the smaller must set his mind to figuring out what the big trader is doing and to front run him. The big trader is handicapped by his size and will move slower, unravel trades over longer time frames, thus he is the shark that suffers the irritation of a thousand sucker-fish. Of course he accepts this as long as he can get his fill.

This said, faking volume is perhaps fairly nefarious, stopping this however is almost impossible as long as the multiple accounts are under different names and different IP addresses. The exchange would have a very hard time proving this beyond being able to provide "circumstantial evidence" of suspicious trades.

VERY well put. Totally agree. (THIS FORUM NEEDS A LIKE/THANKS BUTTON!) Grin