Post
Topic
Board Bitcoin Discussion
Re: The Bitcoin Trading Group
by
BitcoinRedLight
on 20/09/2011, 01:29:56 UTC
Wait wait wait hold on.
How do we know you're not just going to take everyone's bitcoins and sell them at a low price to yourself or something?  I'm surprised everyone's so eager to join this group.

To directly answer your question: you have no way of knowing.  However, since I only earn a profit when you earn a profit, my interests are aligned with your interests.



A bigger picture is front-running and market-moving, as a function of volume.

This consortium is practically an inevitable phenomenon in the Bitcoin trade biz.

The need, always, is for healthy competition.

Otherwise it's just a game between market-moving and suckers.