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0 points__alexs4y ago0 comments

A world in which lying is not punished is incompatible with progress.

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It's not really lying though? When you send a spoofed order, you really are willing to buy/sell shares at whatever price you offered. It's just that you quickly retract that offer. It's not like you put in a order, someone accepts it, then you say "haha just kidding".

__alexsOP4y ago

It is what you're describing because the buyers are a bit dim and will pile in.

If you place the spoof orders knowing that and trying to create that behaviour then yes it's lying, but with extra steps.

j / k navigate · click thread line to collapse

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gruez4y ago

__alexsOP4y ago

It is what you're describing because the buyers are a bit dim and will pile in.

If you place the spoof orders knowing that and trying to create that behaviour then yes it's lying, but with extra steps.

j / k navigate · click thread line to collapse