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Driendy
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February 06, 2018, 04:42:30 PM |
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Can someone explain this price manipulation to me?
It has less than $20k 24h volume, yet it pumped so heavily. $100mil market cap extra out or nowhere.
How is this possible?
simple , if someone is ready to pay 1000$ for LTC , you see +500% increase . It does not means that you can sell yours for 1000. Buy the time you login there is no more buyers at 1000$ but only at 150$. This is what means low volume . It's nearly impossible with LTC because the volume is so big, but imagine 10 orders only pending to sell LTC at 150$, then 300, 400 ... 1000 the last one . I put in 2000$ basically the price will jump to 1000$ as I am buying the last one at 1000$ but in reallity there is no volume. It will crash very soon . Guys agree or not this is why we need of some regulations from the States. This is not acceptable and marketcap should be careful who they list also. It's bad for the image of the company to collect all this garbage . They should start fitlering only viable stable and free of suspicion project and not list every sing crap . |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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samantadegrenet
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February 06, 2018, 04:50:38 PM |
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Can someone explain this price manipulation to me?
It has less than $20k 24h volume, yet it pumped so heavily. $100mil market cap extra out or nowhere.
How is this possible?
simple , if someone is ready to pay 1000$ for LTC , you see +500% increase . It does not means that you can sell yours for 1000. Buy the time you login there is no more buyers at 1000$ but only at 150$. This is what means low volume . It's nearly impossible with LTC because the volume is so big, but imagine 10 orders only pending to sell LTC at 150$, then 300, 400 ... 1000 the last one . I put in 2000$ basically the price will jump to 1000$ as I am buying the last one at 1000$ but in reallity there is no volume. It will crash very soon . Guys agree or not this is why we need of some regulations from the States. This is not acceptable and marketcap should be careful who they list also. It's bad for the image of the company to collect all this garbage . They should start fitlering only viable stable and free of suspicion project and not list every sing crap . Nothing to explain if it is price speculation you already know why price is going up. I would be very careful about all those people that will buy now.. very risky you are going to lose a lot of money. |
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Namorence
Newbie
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Activity: 5
Merit: 0
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February 06, 2018, 05:02:21 PM |
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lol whos buyin that?
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fishfishfish313
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February 06, 2018, 05:05:13 PM |
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Yea, this looks healthy   |
I'll one shot you with the Wingman from the top of Skulltown - Apex
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Quebec
Newbie
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Activity: 11
Merit: 0
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February 06, 2018, 05:09:13 PM |
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"Launched" *look at the dates on coinmarketcap* |
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big_daddy
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February 06, 2018, 05:09:36 PM |
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great pump how long it will take to see the dump?  |
If you don't believe it or don't get it, I don't have the time to try to convince you, sorry.
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agrar
Newbie
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Activity: 24
Merit: 0
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February 06, 2018, 05:13:22 PM |
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Read carefully, there are short term investments and long term ones! This coin is very speculative therefor it is short term or instant if u wish. I bought few of them at the morning and sold them with decent % profit some hours later. The guy who bought my coins is already on a profit too.. I just don't understand why are you all panicked, maybe missing something ? I've explained in page 3 how the price is calculated with this coin and there's nothing so curious about it.. ECN has no owners & no wallets whatsoever. All the coins are in the exchangers who has it listed.. The pumping, bots, schemes and all the bulshit you are talking about are just ridiculous and that's not the case here. The price is growing because there's constant and intense trading going on so cut the crap and buy some or don't and that's it! I'll ask you all a simple question. How did BTC started ? How was it's price calculated & who is the owner ? It was fun but please people inform yourself and think for a bit, will u ? Peace GL & HF
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samantadegrenet
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February 06, 2018, 05:16:02 PM |
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Yes now lot people are very happy but many people will cry soon ! Advice you just carefull insane rise alwayse follow insane dump too..... just watch , we spoke later!
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CryptonPrime
Jr. Member
Offline
Activity: 154
Merit: 2
HAcken.io HKN 5kk max suply
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February 06, 2018, 05:18:48 PM |
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SCAM ALERT
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My only dream is to ensure family safety. <3
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pooh95
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February 06, 2018, 05:19:15 PM |
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It is very good that someone earned on this coin.
But there will be inexperienced traders who will own it for the rest of their lives, because they will buy at the most expensive price.
This is a pump. It's life
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Coinmaster87
Newbie
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Activity: 136
Merit: 0
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February 06, 2018, 05:20:59 PM |
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300 usd
fucking coinexchange
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CryptonPrime
Jr. Member
Offline
Activity: 154
Merit: 2
HAcken.io HKN 5kk max suply
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February 06, 2018, 05:23:18 PM |
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300 usd
fucking coinexchange
Because DEV got all the coins so he could pump this shit safe with 20 000-30 000 $ LOL.
Only kamikazee will touch this SCAM. |
My only dream is to ensure family safety. <3
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Coinmaster87
Newbie
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Activity: 136
Merit: 0
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February 06, 2018, 05:24:50 PM |
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i literally watched this coin from 30 usd to 300 usd but didnt invest....
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CoinXE
Copper Member
Newbie
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Activity: 62
Merit: 0
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February 06, 2018, 05:25:23 PM |
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PUMP & DUMP ALERT - Please dont BUY!
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Lappenhaendler
Newbie
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Activity: 81
Merit: 0
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February 06, 2018, 05:26:21 PM |
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Seems like very substantial growth, buy order set!
SCAM ALERT; DO NOT WASTE YOUR MONEY; DUMP IS COMING
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lonchafina
Member
Offline
Activity: 95
Merit: 10
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February 06, 2018, 05:27:50 PM |
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i literally watched this coin from 30 usd to 300 usd but didnt invest....
Better for you and your money my friend, this is just dev himself pushing his own shitcoin.  |
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bitloser
Newbie
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Activity: 2
Merit: 0
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February 06, 2018, 05:38:19 PM |
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let me take the popcorn gonna watch the burned people on the dump  |
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ballestplaya
Newbie
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Activity: 5
Merit: 0
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February 06, 2018, 05:39:33 PM |
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This scam, I mean coin still going? Hard to dump when no one is buying I guess.
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Lady29
Newbie
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Activity: 12
Merit: 0
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February 06, 2018, 05:41:57 PM |
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this is the type of pump and dump they talked about in the senate hearing today and this gives the crypto community really bad image.
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prabhu3361
Newbie
Offline
Activity: 27
Merit: 0
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February 06, 2018, 05:45:04 PM |
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This Looks Scam to me.. I am not getting any trustable info about this coin.
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