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I sure hope there's no such law. Let those who panicked and sold cry, because they were speculators to begin with. Should there be the same laws kick in if th

I sure hope there's no such law. Let those who panicked and sold cry, because they were speculators to begin with. Should there be the same laws kick in if they drive the price up, by say, adding fake orders on their exchange? I don't even think that should be illegal. The market should move as it moves, through whichever means: fairness, deceit or ruse. I wouldn't want BTC any other way.

thisiswrong 13y ago
> Should there be the same laws kick in if they drive the price up, by say, adding fake orders on their exchange? I don't even think that should be illegal. I strongly agree, and I do believe that there's price manipulation going on with the Gox situation at the moment. Is it just an attempt by Gox to make some money back? Or is it something far bigger aimed at damaging the reputation of BTC? Don't forget that Karpeles has recently been vulnerable to manipulation from the USG [1]. But It's surprising that you wouldn't want BTC, when on the road ahead lies Open Transactions, distributed exchanges, and so much more innovation that will take your above statement and put it directly into code. Thus making these wall-street tactics obsolete. [1] http://thegenesisblock.com/warrant-for-mt-gox-wells-fargo-accounts-shows-additional-2-1m-seized/ http://thegenesisblock.com/warrant-for-mt-gox-wells-fargo-ac...