The 643 he has are 'worth' $10K at the $17/btc rate. That would be triple the $3000 he 'had in his account' so either way that would be not a bad return on $3K.
Raises other questions about whether clients can 'conspire' to hold records of sales (vs rolling back the transactions). In real 'cash' situations you have to give back the actual currency, in a bitcoin world its a rollback of the sell record, but now you've created Heisencoins have you not? Sold by some accounts, not sold by others?
Interesting to watch the intersection of the protocol and the reality.
I'm thinking of doing some bitcoin trading myself. It's like finding a free herd of sheep; eating them would be naughty and possibly illegal, but I'm seeing good opportunities in fleecing them and selling woolly sweaters to keep out the chill.
Raises other questions about whether clients can 'conspire' to hold records of sales (vs rolling back the transactions). In real 'cash' situations you have to give back the actual currency, in a bitcoin world its a rollback of the sell record, but now you've created Heisencoins have you not? Sold by some accounts, not sold by others?
Interesting to watch the intersection of the protocol and the reality.