- Laurens Rademakers
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"Fund-raising" via crowdsourced artificial shocks on the stock market
I'm not an economist, so please down this idea immediately if it makes no sense!
This is about a coordinated way to create shocks on a market, and to profit from them.
Crowdsourced speculation, say.
-Suppose you have a website where people gather because they want to make money for charities or for particular actions
-Each member connects to a stock market, allowing him or her to buy stocks
-When money needs to be made for a particular charity or action, the website decides to shout out "BUY" and then mentions the name of the stock
-If there are enough members and they all follow the order immediately, the stock price will shoot up
-After a while, the website shouts "SELL" and members would make cash
The cash is then donated to the charity or the action.
I'm not sure if this is legal, though. :-)