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Manipulate LTC price to win bets

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• Invullx

  

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  Location: Sydney, Australia

  @william

  I like to look for flaws in the system haha.

  Flaws in the system... The bitcoin world is full of them. Soooo many of them that I've encountered. This is where a lot of money is made (and lost), especially by the whales. Oh, to be a whale!

  Why do you want to be a whale? They lose so much money.

  Posted on October 22, 2014 at 6:10 PM
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• William

  

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  @invullx

  @william

  I like to look for flaws in the system haha.

  Flaws in the system... The bitcoin world is full of them. Soooo many of them that I've encountered. This is where a lot of money is made (and lost), especially by the whales. Oh, to be a whale!

  Why do you want to be a whale? They lose so much money.

  I find it conceptually and sociologically fascinating, though (admittedly) morally ambiguous at best. But tell me, do you really think they lose more money than they make? A whale that looses too much money wouldn't stay a whale for long. Unless they have a huge stack of BTC from 2010.

  Posted on October 22, 2014 at 6:18 PM
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• adin

  

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  interesting method

  Posted on October 22, 2014 at 9:30 PM
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• dora

  

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  What is your meaning of whale, 50+ btc or 500+?

  Posted on October 23, 2014 at 3:27 AM
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• techsavy

  

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  @dora What is your meaning of whale, 50+ btc or 500+?

  In my opinion a trader with 50 bitcoins is already a whale and can move the ltc market.

  Posted on October 23, 2014 at 6:00 AM
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• Tintin

  

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  Location: Uranus

  @dora What is your meaning of whale, 50+ btc or 500+?

  Depends on what market you want do dominate. If you want to crush LTBc traders, I would say 10 bitcoin is a whale. If you wanna play with the big boys in the XBT/USD market, you need a few 1000 bitcoin.

  Posted on October 23, 2014 at 8:44 AM
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