lol, if you look at the order book, close to $1 million just went "poof". That's a successful pump and dump.
pump and dump trick lives as long as any open trading market. 
It's morally dishonest but perfectly legal.Is it Adam (and others') 'BUY BUY BUY' posts that are tongue-in-cheek being referred to here?
I certainly may be missing something but I'm reluctant to let it pass because of the implication in the term (and in the 'morally dishonest' comment) that someone's playing this market unfairly. I've yet to see any evidence of that.
* This is from the Wikipedia definition I'm referring to which classifies Pump and Dump as fraudulent. Maybe what's being referred to here however is [not fraudulent]? If so is there a more suitable term from this that doesn't imply wrongdoing? That's simply playing the speculation game where rather than blaming others' imagined manipulation for their losses I'm hoping people will more learn to make better judgements with their trading. I believe it is that, combined with more professionals with volume and experience (and leveraged trading) that will in the long-term take out these double-digit percentage drops and hikes and provide a more stable exchange - which is a more helpful outcome to all those using Bitcoin outside of speculation.
