Bitcoin Forum

Economy => Currency exchange => Topic started by: shegazy82 on November 02, 2017, 08:03:38 AM



Title: Exchanges and currency price manipulation
Post by: shegazy82 on November 02, 2017, 08:03:38 AM


With the help of a friend of mine I began shifting from being an OTC Bitcoin trader to a proper Crypto-trader, we agreed on how we are going to work and he began building a system that will allow us to monitor certain opportunities in the market others seem to disregard.

It takes a lot of work and requires someone who is highly intelligent and dedicated but he built it and we began testing .....

I was aware that Chinese exchanges never really reflects the real values on their platform due to the technology they use and I was sure there would be many others like them, but that should not be a problem. I was also aware that other exchanges have fake API's but again I knew this should not be a problem.

The surprising part was finding some major exchanges doing things such as delaying withdrawals for days, others having wallets for certain currencies under maintenance at certain times for the currencies I just purchased.


I don't want to start a hate thread by mentioning exchanges names but I would like to know if I am doing something wrong, or if others had similar experiences.