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Doesn't look like that was the case. The people they targeted borrowed liquidity and may have even short averaged up. To be honest, in the end, the net effect
by bilbo0s 6y ago
Doesn't look like that was the case.
The people they targeted borrowed liquidity and may have even short averaged up. To be honest, in the end, the net effect of this thing may be something similar to a pump and dump.
I feel bad for the retails that are really gonna take it on the chin. At the same time, I'm sticking to my guns. We have to let all the people who lose in this thing fail, or nothing will be learned. It will need to be painful for people to be more careful in the future.