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RE: BREAKING: Bittrex Crypto Exchange Just Released Big Changes EFFECTIVE IN PART TODAY!! -- To Your Trading Accounts... Details Here. Another Use Case for Bitshares and DEX's!!!

in #bitshares6 years ago
"Bittrex actively discourages any type of market manipulation, including pump groups. Consistent with our terms of service, we will suspend and close any accounts engaging in this type of activity and notify the appropriate authorities."

I find these lines a little bit disturbing. How exactly does Bittrex plan on identifying such accounts?

And secondly, if someone has the funds to do a P&D on any coin, why should the exchange have the right to suspending their account? Is Bittrex now in the bossiness of telling its clients what they should be buying and in what quantities?

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I do not even understand how they plan to police such a claim. If suddenly everyone starts buying same coin would they restrict all the accounts? Or is this just to show they are against pump and dump groups? Let's wait and see how they plan to implement this one.

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