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3232Trading Bot Mistakenly Causes e-Gulden Pump
https://www.digit.info/trading-bot-mistakenly-causes-e-gulden-pump/
Wed, 27 Dec 2017 17:00:20 +0000https://www.digit.info/2017/12/27/trading-bot-mistakenly-causes-e-gulden-pump/Read more]]>In an unregulated market such as cryptocurrency, bad actors and spontaneous events continually prey upon unknowing individuals. While the victims of these acts typically consist of naive and inexperienced individuals, even savvy traders sometimes find themselves duped by these ploys. Since last Thursday, McAfee Antivirus creator and eccentric cryptocurrency magnate has been tweeting a “coin-of-the-day” to his almost 500,000 followers on Twitter. The results of these daily tweets are exactly what one would expect: the coin spotlighted in each tweet is almost instantly pumped as all of the tech pioneer’s followers rush to buy, guided by a fear of missing out (FOMO). Of course, the pump
In an unregulated market such as cryptocurrency, bad actors and spontaneous events continually prey upon unknowing individuals. While the victims of these acts typically consist of naive and inexperienced individuals, even savvy traders sometimes find themselves duped by these ploys. Since last Thursday, McAfee Antivirus creator and eccentric cryptocurrency magnate has been tweeting a “coin-of-the-day” to his almost 500,000 followers on Twitter. The results of these daily tweets are exactly what one would expect: the coin spotlighted in each tweet is almost instantly pumped as all of the tech pioneer’s followers rush to buy, guided by a fear of missing out (FOMO). Of course, the pump