How does Bob raise the price $49 without actual paying a lot of people and creating a real new price?
Or is that the entry price of the scam? And the profits come from everyone else willing to buy at 10k (instead of 9950) because they are placing market orders and don't know what the real price is?
Seems like this "scam" is just taking money from people who have no idea what price they want, which gets us back to what investors think they are entitled to 8% /yr for purely passive investments backed by no loan contract.
No one is really getting scammed in the example. Bob buys whatever liquidity is available between 9950-10000. Keep in mind, Bob's goal is to buy at 10k. If he is able to get 100-200 of those contracts on the way up to 10k, he's buying at a lower price than he intended, which is a great deal for Bob.
Or is that the entry price of the scam? And the profits come from everyone else willing to buy at 10k (instead of 9950) because they are placing market orders and don't know what the real price is? Seems like this "scam" is just taking money from people who have no idea what price they want, which gets us back to what investors think they are entitled to 8% /yr for purely passive investments backed by no loan contract.