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RE: Mystery Steem-Dollar Pump

in #arbitrage7 years ago

I wonder if someone saw an opportunity to just make a profit on SBD's themselves. I mean they pumped the price 5X on not that much dollar volume. Perhaps they were just trying to make a profit on the SBD's and then sell them at inflated prices as the traders followed in...

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Is it a huge gamble? My mind can't wrap around how such a manipulation is that profitable..

It usually isn't.