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The issue seems to be "prevent fraudulent and manipulative acts and practices" in the spot markets. Is stop hunting considered a manipulative practice? Because
by 21 8y ago
The issue seems to be "prevent fraudulent and manipulative acts and practices" in the spot markets.
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.
- cryptobeanbaby 8y agoAre you suggesting that manipulation is okay, if it has historically happened in a regulated market?
- ur-whale 8y agoHow 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?