Bitcoin Forum
March 28, 2024, 06:04:42 PM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: We all know huobi volume is faked, but what is this???  (Read 877 times)
r3t4rD4life (OP)
Jr. Member
*
Offline Offline

Activity: 76
Merit: 1


View Profile
January 01, 2016, 05:11:49 AM
 #1

Buy and sell of a million+ coins at a time. Turned a profit also. wow

1711649082
Hero Member
*
Offline Offline

Posts: 1711649082

View Profile Personal Message (Offline)

Ignore
1711649082
Reply with quote  #2

1711649082
Report to moderator
1711649082
Hero Member
*
Offline Offline

Posts: 1711649082

View Profile Personal Message (Offline)

Ignore
1711649082
Reply with quote  #2

1711649082
Report to moderator
1711649082
Hero Member
*
Offline Offline

Posts: 1711649082

View Profile Personal Message (Offline)

Ignore
1711649082
Reply with quote  #2

1711649082
Report to moderator
"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1711649082
Hero Member
*
Offline Offline

Posts: 1711649082

View Profile Personal Message (Offline)

Ignore
1711649082
Reply with quote  #2

1711649082
Report to moderator
1711649082
Hero Member
*
Offline Offline

Posts: 1711649082

View Profile Personal Message (Offline)

Ignore
1711649082
Reply with quote  #2

1711649082
Report to moderator
pitham1
Legendary
*
Offline Offline

Activity: 1232
Merit: 1000


View Profile
January 01, 2016, 05:17:07 AM
 #2

Buy and sell of a million+ coins at a time. Turned a profit also. wow



There is no profit involved in these trades. It is just coins moving from one pocket of yours to another.
That is why exchanges with no transaction fees are not reliable for volume data.

--Encrypted--
Copper Member
Legendary
*
Offline Offline

Activity: 924
Merit: 1007

hee-ho.


View Profile
January 01, 2016, 08:56:51 AM
 #3

I didn't know we all know that... where's the proof of this again?
mobnepal
Legendary
*
Offline Offline

Activity: 1218
Merit: 1006


View Profile
January 01, 2016, 12:55:30 PM
 #4

I think this the actual fuel for recent pump and dump scheme after some constant low volume trade. Those high volume seems to be the fake one regarding my opinion.
hasiramasenju
Legendary
*
Offline Offline

Activity: 980
Merit: 1000


View Profile
January 01, 2016, 03:34:00 PM
 #5

huobi is one of the largest bitcoin exchange in China and i don't know if volume trade in this exchange is faked
but could you give me the proof regarding this exchange?
Denker
Legendary
*
Offline Offline

Activity: 1442
Merit: 1014


View Profile
January 01, 2016, 08:44:41 PM
 #6

Someone was playing ping pong with his accounts I'd say.
Not the first time you see things like that on the chinese exchanges.
You can thank the zero fee politics for that.
NorrisK
Legendary
*
Offline Offline

Activity: 1946
Merit: 1007



View Profile
January 01, 2016, 09:00:04 PM
 #7

Even with no trading fees that is some seriously big volume that is not easy to create.. If the spread is not high enough it is very difficult to trade with yourself wihtout catching other peoples coins.

abs350
Full Member
***
Offline Offline

Activity: 481
Merit: 100



View Profile WWW
January 01, 2016, 09:01:35 PM
 #8

This is just the surface.

There is some really weird things going on in these Chinese exchanges. I'd like to see a good investigation of it someday.

DIAGON  e S p o r t s       Global decentralize eSports ecosystem
JAP CN SPN RU   WHITEPAPER  ]   ICO ❱ ❱  Nov. 12 th
facebook    TWITTER    reddit     ────   (   B U Y   )   ────
randy8777
Legendary
*
Offline Offline

Activity: 896
Merit: 1000


View Profile
January 02, 2016, 12:26:48 AM
 #9

Even with no trading fees that is some seriously big volume that is not easy to create.. If the spread is not high enough it is very difficult to trade with yourself wihtout catching other peoples coins.



the large traders or groups that buy their own coins do it within seconds. mostly they are indeed buying their own coins, but some times they end up buying the coins from other people as well, but i don't think they care that much if they are buying a few coins from others while trying to buy their own coins. traders on this level have several thousands of coins to play with and equal amount of fiat. a few coins more or less doesn't bother them.
Omikifuse
Legendary
*
Offline Offline

Activity: 1736
Merit: 1009



View Profile
January 02, 2016, 12:29:12 AM
 #10

No fee, if you are boring you won't lose by doing big orders
Maskedman
Sr. Member
****
Offline Offline

Activity: 244
Merit: 250


View Profile
January 02, 2016, 12:30:13 AM
 #11

Chinese whales these days  Cheesy
Proxiebuier
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
January 02, 2016, 01:17:14 AM
 #12

Buy and sell of a million+ coins at a time. Turned a profit also. wow



0% fee make more people can manipulate price, because he can buy and sell with his own order
Arcteryx
Hero Member
*****
Offline Offline

Activity: 728
Merit: 500


EtherSphere - Social Games


View Profile
January 02, 2016, 02:37:19 AM
 #13

Chinese whales these days  Cheesy
My sediments exactly. I don't believe in what I read now a days on the website. They seem to be all hyping bitcoin for a major up heveal in the price. Just wait for it will happen by mid next week only if no major bad news comes into till then.

........EtherSphere........
.....ICO Starts on 5th August, 4:00 PM UTC.....
.......High ROI Social Ethereum Games
........BENEFITS WHITEPAPER ANN THREAD GITHUB REDDIT TWITTER........

░░░░░░░░░░░▄██████████████▀░░░░░
░░░░░░░░▄█████████████▀▀░░░░░░░░
░░░░░░▄██████▀░░░░░░░░░░░░░░░░░░
░░░░░██████▀░░░░░░░░░░░░░░░░░░░░
░░░░░██████░░░░░░░░░░░░░░░░░░░░░
░░░░░░██████▄░░░░░░░░░░░░░░░░░░
░░░░░░░▀███████████████████▄░░░░
░░░░░░░░░▀▀██████████████████▄░░
░░░░░░░░░░░░░░░░░░░░░░░███████░░
░░░░░░░░░░░░░░░░░░░░▄▄██████▀░░░
░░░░░░░▄█████████████████▀▀░░░░░
░░░░░▄████████████████▀▀░░░░░░░░......................
pattu1
Hero Member
*****
Offline Offline

Activity: 675
Merit: 500


View Profile
January 02, 2016, 02:51:27 AM
 #14

Even with no trading fees that is some seriously big volume that is not easy to create.. If the spread is not high enough it is very difficult to trade with yourself wihtout catching other peoples coins.

If you have deep pockets, you can skim the other trades and do huge volumes of trades with yourself.
In the end, you won't lose much.
It is only when there are trading fees that you feel the pinch.
Alley
Legendary
*
Offline Offline

Activity: 910
Merit: 1000


View Profile
January 02, 2016, 02:56:06 AM
 #15

I'm confused.  You said million coins in one trade but those numbers show a whole days volume.
r3t4rD4life (OP)
Jr. Member
*
Offline Offline

Activity: 76
Merit: 1


View Profile
January 02, 2016, 04:08:14 AM
 #16

I'm confused.  You said million coins in one trade but those numbers show a whole days volume.


You're right. I've never seen this ticker show day summaries in that column but that would make sense. Ooops ¯\(°_o)/¯
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!