Quote (hoosna @ Apr 14 2020 09:38am)
don't think you understand what an exploit is lol. My point still stands, even if someone were to attempt to price fix with 20 accounts, none of them would actually be selling. The demand will balance out to the actual lowest price seller and the market will adjust accordingly
the misinformation can cause folks to change the price though
If 10 sellers and 10 buyers observe multiple threads that show exalts trading at a 30:1 ratio --- the sellers will think 'if I don't sell at that price, I won't be able to sell' and buyers will think 'I should wait until I see someone selling at that price'
It's just like the stock market --- the price for any given stock listed is the last price it actually traded at. The problem here is there's no 'trade verification' to guarantee the trades are actually occurring.