what if one person will buy all TH1 mining contract any prize, then raise prize to 3-10 btc and force all short margin to liqudation price and all short sellers will lost all money ?
And what's the point to him?
after liqudation market will buy all TH1 contract for very high prize from this one person (becouse anyone else can sell th1 without any swap, only him with all th1 or 90 % of them)
i just asking what is protection before that becouse now i see ridicious prize 1.3 on th1 and huge fake buy walls, people dont have enought swap to sell into this walls
As a shorter,would like to show concern to BFX on this too.
EDIT
After a sencond thougt, there is currently an non-effective mechenism to prent, which is adding new THS to the market. Also this action is done without prior notice. With the risk that the malicious actor have to bear it would be irrational to do it.
EDIT: and their reaction is FRIGGIN slow.