Quote from: tmfp on December 18, 2018, 08:31:46 PM

Quote from: g-uid on December 18, 2018, 08:07:07 PM

Quote from: raven7886 on December 18, 2018, 04:35:48 PM

I don't think this is neither illegal or even immoral. When the whole livelihood of your lives work depends on you doing wash trading so your volume look high that is still quite acceptable, add the fact that others do it too and you got yourself a no brainer.

Are you trolling? Good one if you are, otherwise you are not making any sense. Here's why: it's fraud. Wash Trading is fraud. Anyone who has a livelihood dependent upon such activity is a fraud too.

There's a third possible explanation: some libertarians question the whole concept of fraud, arguing that every trade interaction is based in deception (see Friedman comment in link).

Unless I missed the point, the argument was that if someone took advantage of another person's financial struggles to exert a bargain then that could be taken back because it's fraud. But that is completely separate to fraud. That is knowing of another's situation and using it to your advantage, it is not manipulating a situation so as to make it seem different so that another person is mistaken and you can profit from this.