poloniex scam?

[poloniexscam]

some altcoin has trade volume abnormal rise befor info delisted

On May 2, 2017, the following will be delisted: BBR, BITS, C2, CURE, HZ, IOC, MYR, NOBL, NSR, QBK, QORA, QTL, RBY, SDC, UNITY, VOX, XMG
Posted by MobyDick at 2017-04-19 00:08:50

http://sv1.upsieutoc.com/2017/04/23/upload_2017-4-23_1-58-51.png

http://sv1.upsieutoc.com/2017/04/23/upload_2017-4-23_1-59-40.png

http://sv1.upsieutoc.com/2017/04/23/upload_2017-4-23_2-0-1.png

http://sv1.upsieutoc.com/2017/04/23/upload_2017-4-23_2-0-47.png

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[aTriz]

some altcoin has trade volume abnormal rise befor info delisted

On May 2, 2017, the following will be delisted: BBR, BITS, C2, CURE, HZ, IOC, MYR, NOBL, NSR, QBK, QORA, QTL, RBY, SDC, UNITY, VOX, XMG
Posted by MobyDick at 2017-04-19 00:08:50

Why do you think this is abnormal rise of the volume?
Most of these shortcuts are altcoins who have really small market capitalization, because they are not worth much and not many people using it.

I would say that it is not strange seeing such a big difference after poloniex annoucement (delisting one), i assume that there was a panic selling over there, not any abnormal rise, because polo has the highest volume among the all exchanges.

You really think it is a scam?

[BitHodler]

It's not that these altcoins got dumped down hours before the announcement. It's just a few minutes that sits between the dump and the announcement.

I think that the developers behind the coins got notified slightly earlier about the delisting which might have lead to them dumping coins before others do. I don't consider this to be a scam at all.

[mindrust]

These kind of pump and dumps always happen when an exchange declares a removal of an alt(s). Those alts already had 0 volume before the announcement and they are easily to be manipulated by a couple hundred bucks. Some greedy whales enter the arena, pump the coin before it gets delisted, noobs get attracted, whales dump on noobs and get away, coin dies.

Witnessed this same scenario in the past on btc-e with TRC (terra coin) and FTC (feather coin). Dead coins always get one last pump before their death. or... One last fuck.  

[philipma1957]

It's not that these altcoins got dumped down hours before the announcement. It's just a few minutes that sits between the dump and the announcement.

I think that the developers behind the coins got notified slightly earlier about the delisting which might have lead to them dumping coins before others do. I don't consider this to be a scam at all.

it would be defined as insider trading and result in jail time if they were subject fcc rules.

[BitHodler]

It's not that these altcoins got dumped down hours before the announcement. It's just a few minutes that sits between the dump and the announcement.

I think that the developers behind the coins got notified slightly earlier about the delisting which might have lead to them dumping coins before others do. I don't consider this to be a scam at all.

it would be defined as insider trading and result in jail time if they were subject fcc rules.

Strictly speaking, this can indeed be seen as insider trading. It could also be Poloniex that messed up where they didn't time email notifications to the developers and the public statement properly. I go with the latter.

It's not that they have gained a massive advantage over intentionally providing the developers with crucial information before the public. It's all speculation, but they messed up, that's the only sure thing.

[DomainMagnate]

It is quite possible that these are manipukated by Polo.Almost all exchanges involved in inside trading

[klarki]

This was expected.
What are you surprised at?

[MyEstrangedFriend]

It is quite possible that these are manipukated by Polo.Almost all exchanges involved in inside trading

I'd say it would be stupid not to. Who gets out first? The guys at top. Oh how I love poloniex, the hard on I'd get having inside info. }>>>>>>D

[PokerDiceMan]

is bad analys
all altcoin if delist in exchanger, all holder coin can selling coin, so down price extreme, because another exchanger not accepted
and coin delist because volume transaction is very low

poloniex still the best altcoin trading site

[jorneyflair]

It is not a strange thing that such a weak and cheap  altcoins have got dumped so quick on a big volume, because the poloniex has announced that they are going to de-list them, so it has started the panic on the markets.

You even have written on this screenshot, that poloniex exchange is recommending withdrawing/selling these coins as fast as possible, so that was exactly what the traders have done. They sold it to avoid losses on this trades.

[Rinder]

Even not making a lot sense to pump something thas has no interest at all, i do see those as last opportunity to make some cash from it, as already said some whales join and push the price up, with that the newbies get in and will hold the coins, and try somewhere else to recover their investment.

[cpfreeplz]

It is quite possible that these are manipukated by Polo.Almost all exchanges involved in inside trading

Lol source?

It does seem fishy that 4 of them had increased volume BUT there are, what, 23 being delisted? There are bound to be some coincidences when we're talking about delisting that many currencies.

[MyEstrangedFriend]

It is quite possible that these are manipukated by Polo.Almost all exchanges involved in inside trading

Lol source?

It does seem fishy that 4 of them had increased volume BUT there are, what, 23 being delisted? There are bound to be some coincidences when we're talking about delisting that many currencies.

All them fee's add up on such an exchange. If they hold the key and know in advance the coins would drop in value, why would they wait? It seems reasonable shady shit happens on all exchanges. Until my coins/profits don't get finalized withdrawing, do we really care.

[The Sceptical Chymist]

These kind of pump and dumps always happen when an exchange declares a removal of an alt(s). Those alts already had 0 volume before the announcement and they are easily to be manipulated by a couple hundred bucks. Some greedy whales enter the arena, pump the coin before it gets delisted, noobs get attracted, whales dump on noobs and get away, coin dies.

Witnessed this same scenario in the past on btc-e with TRC (terra coin) and FTC (feather coin). Dead coins always get one last pump before their death. or... One last fuck.  

Yeah, and that's why 1) These shitcoins are turds that cannot be polished into beautiful geodes, and 2) You are Seroquel-munching, doody-dribbling INSANE if you own any of these things.  The simple fact is that the market for such excrement is as thin as the lunar atmosphere, and you will have both a hard time buying and a really fucking hard time selling these 1-satoshi-wonders. 

So where exactly is the evidence of scamming here?  Poloniex is pretty reputable.

[ETCethereum]

some altcoin has trade volume abnormal rise befor info delisted

On May 2, 2017, the following will be delisted: BBR, BITS, C2, CURE, HZ, IOC, MYR, NOBL, NSR, QBK, QORA, QTL, RBY, SDC, UNITY, VOX, XMG
Posted by MobyDick at 2017-04-19 00:08:50

iam not understand youre reason about poloniex scam
youre only use reason several coin delisted and then you say poloniex scam

[Rinder]

Poloniex has a big reputation and its a free market, exchanges does collect fees from bitcoin to each altcoin traded, soo its more easy for them to dump those coins instead pump, whales always see opportunity into all, the delisting news should made those coins to get dumped, but whales had made the reverse, something no one were expecting, soo they will do a fast casht with those and leave.

[PovertyByte]

Now Poloniex is adding a coin where the devs hold 96% of the coin

[HTracer]

OP thanks for info about delisted coins on Poloniex but the heading seems a bit dubious.

[BrewMaster]

the dump (those big red candles leading down) is perfectly normal. people were holding some of these shitcoins and as the delisting news came they started dumping.

but what people are missing are the pumps 3 or 5 days before the announcement and the dump. they all started days before the news and price pumped and those with internal information made their exit on top then the news came!