Question: how is an IPO price "maintained" by the banks? Isn't that "fake trades"? Basically a kind of pump until they can get out, showly without affecting the stock price too much.
Trading money for money, instead of labour for money.
> "More than half of all reported trading volume is likely to be fake or non-economic"
I wonder what basis they use to determine "likely to be fake or non-economic". Seems highly unlikely they have any concrete evidence.
Makes me want to start a "think tank" where I can just publish whatever speculation I'm feeling at the moment with fabricated numbers built from specious methods to add a veneer of substantiation.
(Also, kind of amusing that an article about how bitcoin exchanges are fabricating numbers is fabricating numbers itself.)
I found the actual Forbes article to be far more stimulating than the summary in the linked slashdot post (or re-post, really)
https://www.forbes.com/sites/javierpaz/2022/08/26/more-than-...