@[email protected] to TechnologyEnglish • 5 days agoTeen creates memecoin, dumps it, earns $50,000arstechnica.comexternal-linkmessage-square20fedilinkarrow-up1166arrow-down16cross-posted to: news[email protected][email protected]
arrow-up1160arrow-down1external-linkTeen creates memecoin, dumps it, earns $50,000arstechnica.com@[email protected] to TechnologyEnglish • 5 days agomessage-square20fedilinkcross-posted to: news[email protected][email protected]
minus-square@SpaghettiYetilinkEnglish0•4 days agoSo is there no way to buy your own crypto without this issue? Who is to say he did it to artificially inflate vs he wanted a piece of the pie?
minus-square@[email protected]linkfedilinkEnglish1•2 days agowhen you buy from yourself instead of from a different market participant that is considered wash trading and it is fraud
minus-square@[email protected]linkfedilinkEnglish2•4 days agoWhy would you need to buy your own crypto? The only purpose of these trades is to mislead others.
minus-square@SpaghettiYetilinkEnglish1•3 days agoWhy wouldn’t you buy your own crypto for the same reason others would buy a coin?
minus-square@[email protected]OPlinkfedilinkEnglish3•3 days agoYou already own your own crypto though, without buying it.
So is there no way to buy your own crypto without this issue? Who is to say he did it to artificially inflate vs he wanted a piece of the pie?
when you buy from yourself instead of from a different market participant that is considered wash trading and it is fraud
Why would you need to buy your own crypto? The only purpose of these trades is to mislead others.
Why wouldn’t you buy your own crypto for the same reason others would buy a coin?
You already own your own crypto though, without buying it.