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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Master_dandosha on March 25, 2016, 10:28:29 AM



Title: Trading Shit coin like ADN ,else will 2x10x double your profit ..open discussion
Post by: Master_dandosha on March 25, 2016, 10:28:29 AM
Hi

In the last few days i noted that some exchanges specially poloinex having some users do a lot of hype to specific coin through a twitter or troll-box with huge increase up to 3000X. i tried ADN Quick profit in no time just one click . But it also very dangerous OnE click will lead you loose all
Any ideas
There is two questions here :
1- why such big exchanges like polo keeping the dead coins alive ???
2-what do you think about trading in shit coins ???any similar experiences????

Thanks


Title: Re: Trading Shit coin like ADN ,else will 2x10x double your profit ..open discussion
Post by: talkbitcoin on March 25, 2016, 01:30:07 PM
that is just hype and it is normal in the altcoin market. without it some of the coins couldn't even live one day.
besides exchangers don't care about these things and they definitely are not who keeping these coins alive, all they care is the daily volume and the numbers that if it falls under their set amount they will remove it. so shitcoin devs and/or bag-holders try to pump it (fake) to keep it on the exchanger.


Title: Re: Trading Shit coin like ADN ,else will 2x10x double your profit ..open discussion
Post by: The Sceptical Chymist on March 25, 2016, 10:37:04 PM
Yeah you could double your money but you could lose it just as easily.  Trading in shitcoins is very much like trading in penny stocks.  It's extremely risky and the markets are thin--those shitcoins are nowhere near as popular as bitcoin, or even Dash, Litecoin, Dogecoin, ETH, and all those others and the markets trade very thin.  You might not get the price you're looking for when you sell.  I'd totally advise you not to even dip your toes in the shitcoin water. 


Title: Re: Trading Shit coin like ADN ,else will 2x10x double your profit ..open discussion
Post by: Snail2 on March 25, 2016, 11:06:23 PM
Forget about trollbox and watch the order books instead. On Polo there are even warnings about "advice" what you can get in trollbox. Rule of thumb: when those guys are talking about pump and buybuybuy they are already silently piled up a lot from that coin on lower prices and started the moving the price up. So, they need buyers to dump.

1. those dead coins are not dead until there are volume, and Polo only interested in volume and trading fees. Until they can get enough fees they let that coin on the exchange.

2. Trading shitcoins is fine if you know what are you doing.


Title: Re: Trading Shit coin like ADN ,else will 2x10x double your profit ..open discussion
Post by: Master_dandosha on March 26, 2016, 11:28:25 AM
Dear all thanks for the clear ideas and thoughts .
So Exchanges only care about the volume.
thanks


Title: Re: Trading Shit coin like ADN ,else will 2x10x double your profit ..open discussion
Post by: Master_dandosha on April 02, 2016, 08:13:45 PM
Any ideas about the coins in exchanges called verified (bittrex for example) i saw in the past two days big different between sell order and buy order
buy 2032 sell at 8999 >
Any chance to find shitcoin in verified markets by bittrex?????
Thanks


Title: Re: Trading Shit coin like ADN ,else will 2x10x double your profit ..open discussion
Post by: BitcoinNational on April 03, 2016, 06:34:09 AM
"some exchanges specially poloinex"

it is the smart money getting out of ETH
they've got big gains and looking to pump anything on poloinex they can

EXE is a dead network up +2000%

big clue
strong signals that the ETH pump is set to pop, only suckers holding +$11 eths


Title: Re: Trading Shit coin like ADN ,else will 2x10x double your profit ..open discussion
Post by: Master_dandosha on April 03, 2016, 06:20:30 PM
"some exchanges specially poloinex"

it is the smart money getting out of ETH
they've got big gains and looking to pump anything on poloinex they can

EXE is a dead network up +2000%

big clue
strong signals that the ETH pump is set to pop, only suckers holding +$11 eths
Thank you dear BitcoinNational for this advice really i am learning in this thread new experience everyday.
happy trading all


Title: Re: Trading Shit coin like ADN ,else will 2x10x double your profit ..open discussion
Post by: CryptoAddict on April 03, 2016, 07:25:19 PM
If Polo wants to maintain their good image and high volume in the long run they really have to clean out the shitcoins.

Let Yobit and other small exchanges have those. Focus on quality not quantity.



Title: Re: Trading Shit coin like ADN ,else will 2x10x double your profit ..open discussion
Post by: Master_dandosha on April 03, 2016, 07:32:08 PM
If Polo wants to maintain their good image and high volume in the long run they really have to clean out the shitcoins.

Let Yobit and other small exchanges have those. Focus on quality not quantity.


That is it dear , every coin listed in a big exchange like polo or bittrex must be a verified market at least with a working stable network . this will let them have a good volume too also will reduce the loss to other new trader who know nothing about the technologies/blockchain of every coin just to follow a dead end HYPE


Title: Re: Trading Shit coin like ADN ,else will 2x10x double your profit ..open discussion
Post by: Zebedee23 on April 04, 2016, 11:50:46 AM
If Polo wants to maintain their good image and high volume in the long run they really have to clean out the shitcoins.

Let Yobit and other small exchanges have those. Focus on quality not quantity.


That is it dear , every coin listed in a big exchange like polo or bittrex must be a verified market at least with a working stable network . this will let them have a good volume too also will reduce the loss to other new trader who know nothing about the technologies/blockchain of every coin just to follow a dead end HYPE


Not true, On Bittrex only certain markets are Verified, by verified meaning the developers have proved their identities to bittrex and also in public  i think. All coins that have had an ICO/crowdfund must verify their details!


Title: Re: Trading Shit coin like ADN ,else will 2x10x double your profit ..open discussion
Post by: Master_dandosha on April 06, 2016, 10:00:03 AM
If Polo wants to maintain their good image and high volume in the long run they really have to clean out the shitcoins.

Let Yobit and other small exchanges have those. Focus on quality not quantity.


That is it dear , every coin listed in a big exchange like polo or bittrex must be a verified market at least with a working stable network . this will let them have a good volume too also will reduce the loss to other new trader who know nothing about the technologies/blockchain of every coin just to follow a dead end HYPE


Not true, On Bittrex only certain markets are Verified, by verified meaning the developers have proved their identities to bittrex and also in public  i think. All coins that have had an ICO/crowdfund must verify their details!
So i was wrong for long time ago .
Verified means or related to the team\Dev behind the coin who reveal their identities in public\bittrex  , not the market itself
So in case you need to verify a market\coin you need to dig more by yourself only
Thanks for explanation


Title: Re: Trading Shit coin like ADN ,else will 2x10x double your profit ..open discussion
Post by: BitcoinHodler on April 06, 2016, 12:32:07 PM
no exchanger have ever cared about shitcoins, there is not such thing defined as shit coins.

there is only trade volume and as long as it is up they don't remove the coin.


Title: Re: Trading Shit coin like ADN ,else will 2x10x double your profit ..open discussion
Post by: Master_dandosha on April 11, 2016, 03:45:20 PM
no exchanger have ever cared about shitcoins, there is not such thing defined as shit coins.

there is only trade volume and as long as it is up they don't remove the coin.
so no shit coins in exchanges principle only volume & profit but there are good coin with advance technology as well as eth btc ..else you will never loose profit if buying any of them and wait but in shit coins if you buy in a wrong time surely you lost all
Thank you


Title: Re: Trading Shit coin like ADN ,else will 2x10x double your profit ..open discussion
Post by: Rune on April 12, 2016, 12:10:54 AM
When you trade a coin with more of a community your not really risking all your bitcoins.
it is unlikely they will drop to 0 satoshis . you are only risking like a 1/2 drop or something similar
when you trade a real shit coin with a dead community you are risking all your BTC


Title: Re: Trading Shit coin like ADN ,else will 2x10x double your profit ..open discussion
Post by: andyatcrux on April 12, 2016, 12:52:26 AM
A lot of people made a killing on ETH and have had money to burn. Hence the senseless pumping of nearly dead coins. A lot of bag holders got a way out but a new field of bag holders were inevitably born from the heap. There is money to be had there from other people's greed, no doubt. But I think Poloniex has done a good job of delisting and avoiding shitcoins. Many  nearly dead coins that remain are there because of early Polo supporters involvement in the projects/coins but I am sure there are some more on the chopping block.