Bitcoin Forum

Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: hello123123 on November 19, 2019, 11:01:08 AM



Title: Bitball Price
Post by: hello123123 on November 19, 2019, 11:01:08 AM
Hi
Can someone explain why Bitball is listed as 384 Satoshi on coinmarketcap but as far as i can see there are only buy orders on the exchanges at much much lower prices?


Title: Re: Bitball Price
Post by: kolonel_x on November 19, 2019, 12:50:03 PM
What do you mean by this Bitball? https://coinmarketcap.com/currencies/bitball/markets/

Even though the price jumped on the coin market up to 1400%, but I see in the exchange there is no active volume and it is in all small exchanges.


Title: Re: Bitball Price
Post by: hello123123 on November 19, 2019, 01:35:13 PM
What do you mean by this Bitball? https://coinmarketcap.com/currencies/bitball/markets/

Even though the price jumped on the coin market up to 1400%, but I see in the exchange there is no active volume and it is in all small exchanges.

I dont understand how the price is so high but its being traded at very low prices and almost no volume.


Title: Re: Bitball Price
Post by: hello123123 on November 19, 2019, 10:32:49 PM
Nobody who can give an explanation for that?


Title: Re: Bitball Price
Post by: BitMaxz on November 19, 2019, 10:54:36 PM
I'm sure it's a fake volume and the big volume comes from unknown 3 exchanges which are ExtStock, folgory and EtherFlyer never heard these exchanges before.

Much better use other tools to see the volume and the price of this coin check this one below.

- https://www.coingecko.com/en/coins/bitball?utm_content=bitball&utm_medium=search_coin&utm_source=coingecko

Just be careful about fake exchanges with fake volumes.


Title: Re: Bitball Price
Post by: watergold on November 20, 2019, 05:02:41 AM
I'm sure it's a fake volume and the big volume comes from unknown 3 exchanges which are ExtStock, folgory and EtherFlyer never heard these exchanges before.

Much better use other tools to see the volume and the price of this coin check this one below.

- https://www.coingecko.com/en/coins/bitball?utm_content=bitball&utm_medium=search_coin&utm_source=coingecko

Just be careful about fake exchanges with fake volumes.

https://coinmarketcap.com/currencies/bitball/markets/
https://www.coingecko.com/en/coins/bitball#general

The difference is very far, Coinmarketcap can no longer be trusted even though there is no volume but why is the increase so dramatically in CMC.


Title: Re: Bitball Price
Post by: btc78 on November 20, 2019, 05:17:59 AM
Hi
Can someone explain why Bitball is listed as 384 Satoshi on coinmarketcap but as far as i can see there are only buy orders on the exchanges at much much lower prices?

same question asked here

I have a habit of daily checking the gainers VS losers on coinmarketcap but today I saw that bitball tokens gain 1565 % within 24 hours, so I want to know the reason behind this or any issues in getting data from exchange?

https://coinmarketcap.com/currencies/bitball/

https://i.imgur.com/I5V1xKK.png
i think its clear that its either fake volume or manipulation,thats also same reason why sometimes i hate checking CoinMarketCap because of issues like this faking volumes


Title: Re: Bitball Price
Post by: ajaymukund on November 20, 2019, 06:41:06 AM
Hi
Can someone explain why Bitball is listed as 384 Satoshi on coinmarketcap but as far as i can see there are only buy orders on the exchanges at much much lower prices?

It is said to be the usual price push action in the crypto market. This is very normal and there are even coins that have grown over 6k% in just 1 hour but buy orders are still at the bottom price.
We are no stranger to these actions and these price pushes only take place in shitcoin.


Title: Re: Bitball Price
Post by: slaman29 on November 20, 2019, 06:49:53 AM
1. Time for you to learn how the crypto or any markets work.
2. Make a coin, make 5 accounts each for yourself and sell and buy from yourself on auto every day. You'll lose money for sure, but you can see your rank on CMC go up;)

3. CMC is not a bad guy. He just shows you the data the way it is shown.


Title: Re: Bitball Price
Post by: shodik007 on November 20, 2019, 07:35:15 AM
1. Time for you to learn how the crypto or any markets work.
2. Make a coin, make 5 accounts each for yourself and sell and buy from yourself on auto every day. You'll lose money for sure, but you can see your rank on CMC go up;)
more or less how it works as you say, this is really called market manipulation. I will not take this kind of part because it is very risky

Quote
3. CMC is not a bad guy. He just shows you the data the way it is shown.
true, there is nothing we can blame on the coinmarketcap site. this is not their doing because they only record what happens in the market whether the market is being manipulated or not but everything will be recorded there