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Author Topic: It is obvious askcoin.net is scamming by generating fake volume  (Read 1022 times)
edward_cullen (OP)
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December 16, 2014, 09:00:52 PM
 #1

If you haven't noticed yet, this exchange is manipulating their volume to make it look like more trading is happening. I have watched the values for the past day to confirm and the markets don't have enough orderbook orders or trading for the volume to be legitimate.

I would be wary of depositing funds on a site who would manipulate their volume.
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December 16, 2014, 09:05:22 PM
 #2

Fake volume is key in a P&D just check out ripple.

Where's the dump?

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December 16, 2014, 09:18:55 PM
 #3

Fake volume is key in a P&D just check out ripple.

I would roughly like to stay on topic. This doesn't really have to do with ripple. This is an altcurrency exchange not a cryptocurrency.
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December 16, 2014, 09:56:15 PM
 #4

Fake volume is key in a P&D just check out ripple.

I would roughly like to stay on topic. This doesn't really have to do with ripple. This is an altcurrency exchange not a cryptocurrency.

Sure it has... only morons think that this curve is "natural".
Which i heard from every altcoin in here.. look look this is all natural.
Once the truth hits your face you will know that this topic would also include "ripple"

No need to throw around adhoms. I'm not siding with ripple, I don't support centralized currencies. I'm saying this topic is about an exchange which is perpetuating a scam not ripple.
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December 23, 2014, 11:14:55 PM
 #5

Good call. The fake exchange site was delisted from coinmarketcap.com on 11 Nov 2014, after several people reported the fraud.

It is possible to report a fraudulent business to econsumer.gov, although I think they will not tell you what -if any- action has been taken... Sad

By the way, the AskCoin Twitter account is spam city. Grin

AskCoin.net WhoIs
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February 26, 2016, 12:30:16 PM
 #6

what happened with askcoin.net?Huh?? website not load...
i had coins inside there...anyone knows?
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February 26, 2016, 01:30:35 PM
 #7

Good call. The fake exchange site was delisted from coinmarketcap.com on 11 Nov 2014, after several people reported the fraud.

It is possible to report a fraudulent business to econsumer.gov, although I think they will not tell you what -if any- action has been taken... Sad

By the way, the AskCoin Twitter account is spam city. Grin

AskCoin.net WhoIs

Posted it here and unmasking their activity is a good step now if a trader is knowledgeable enough he will search for a review about askcoin.net and the search engine will yield these post about the askcoin.net

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