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Crypto trading how flashbots work to front run ether and-other coin purchases
- jqpabc123 5y agoWhen people start releasing open source bots to commit crypto fraud, it might be time to consider the fact that fraud is pervasive from top to bottom in this "marketplace". And it's worth noting that almost none of it involves breaking the crypto in block chains. Virtually all of it revolves around security, markets and the mechanisms of trading and the myriad of ways this can all be manipulated. In other words, in the crypto con game, technophiles often play both parts --- manipulator and rube. The rubes tend to be overly focused on and in awe of the amazing technology (blockchain accounting) while ignoring the "easy" part that they don't really grok (market mechanics and manipulation). Crypto traders in general often seem to operate under one hugely invalid assumption --- that the *unregulated* crypto markets work just like the highly *regulated* financial markets. They don't understand or appreciate that regulations exist for a reason and technology is not a replacement. Now go ahead and down vote me for telling you the truth you didn't want to hear.