Bitcoin Cash deals frozen as insider trading is probed
1–10 of 204 posts
Re: Bitcoin Cash deals frozen as insider trading is probed
#2It was so apparent if you watched just a few exchanges.
Re: Bitcoin Cash deals frozen as insider trading is probed
#3Cryptocoins are all a big fraud - fake money to buy fake drugs. This comes at no surprise.
Re: Bitcoin Cash deals frozen as insider trading is probed
#4"Brian Armstrong responded that he had repeatedly warned his staff not to disclose its launch plans to family or friends or to trade in the digital asset themselves."
So the whole staff new about this move, from which it is to be expected to move the market when published?
Charitably put, that's naive.
Re: Bitcoin Cash deals frozen as insider trading is probed
#5But but but crytocurrency is so useful right??
1.) It's just like Visa!! Damn it costs me $500 to send $500
2.) It's just like the bank!! Damn another exchange got shut down/frozen. The insiders made out like bandits
3.) It's just like gold! So rare....oh wait, another crytocurrency just came out with 100M unit of supplies.
4.) It's just like dollar! Shoot, coinbase won't allow me to trade it for 3 months! Every country is banning it? It went up 20% then dropped 50% today?!
Oh well, who cares. It's for gambling!!!!
Re: Bitcoin Cash deals frozen as insider trading is probed
#6I mean lets be honest... If you knew in advance that this was going to happen, who wouldnt have done something like this? You could have made a quick 100k+.
Re: Bitcoin Cash deals frozen as insider trading is probed
#7Some questions I'm curious about (including other exchanges besides Coinbase too).
Do Coinbase employees have to disclose their external crypto-currency trading accounts (as well as for immediate family members) to the internal compliance dept?
Is Coinbase employee crypto trading activity subject to pre-approval prior to trade execution?
What is their policy regarding disclosure of material non-public information of pending changes/additions to their own exchange?
Re: Bitcoin Cash deals frozen as insider trading is probed
#8"Brian Armstrong responded that he had repeatedly warned his staff not to disclose its launch plans to family or friends or to trade in the digital asset themselves." So the whole staff new about this move, from which it is to be expected to move the market when published? Charitably put, that's naive.
He doesn't have to believe it. It still shifts liability away from himself.
Re: Bitcoin Cash deals frozen as insider trading is probed
#9[deleted]
Re: Bitcoin Cash deals frozen as insider trading is probed
#10But but but crytocurrency is so useful right??
1.) It's just like dollar! Shoot, coinbase won't allow me to trade it for 3 months! Every country is banning it? It went up 20% then dropped 50% today?!
2.) It's just like Visa!! Damn it costs me $500 to send $500
3.) It's just like gold! So rare....oh wait, another crytocurrency just came out with 100M unit of supplies.
4.) It's just like the bank!! Damn another exchange got shut down/frozen. The insiders made out like bandits
Oh well, who cares. It's for gambling!!!!