by Leviathan » Fri Dec 13, 2013 11:32 am
Again, exploited seems to have no idea how markets work. The flaw is a well known flaw, and one that has been apparent for a while. Such a flaw is built into the price of bitcoin already. The whole pump and dump thing is stupid as well, given that pumping just pushes the price up, and dumping pushes it down. You only lose in a pump and dump situation if you enter AFTER the pump has begun, or exit AFTER the dump has occurred. If you buy in before the pump, you have bought in at the market price. The pump will push the price up, and as long as you seek prior to the dump pushing the price back down, you make money.
"The President, through the Attorney General, may authorize electronic surveillance without a court order under this subchapter to acquire foreign intelligence information for periods of up to one year..." - 50 U.S.C. § 1802