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Next step, make a bot to tweet out (fake) news to trigger this bot and place itself on the winning side of the trade.
by kenrikm 11y ago
Next step, make a bot to tweet out (fake) news to trigger this bot and place itself on the winning side of the trade.
- WalterBright 11y agoThat's called "pump and dump", and I believe it is illegal.
- deleted 11y ago[deleted]
- smedawar 11y agoAlso, it's very easy to use a whitelist of twitter accounts.
- venomsnake 11y agoThey can send the bots to jail.
- Springtime 11y agoThis reminds me of the recent Tesla April Fools press release for a new watch called the 'Model W'. Clearly there were bots written to monitor Tesla feeds and other companies for new products and trade automatically as the stock price jumped $2, before returning back to normal by the end of the day.
- giarc 11y agoI imagine these bots only follow reputable news sources.