Piston Honda
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Activity: 2730
Merit: 1068
Juicin' crypto
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October 06, 2015, 02:19:24 PM |
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For now it seems to be a fake article from coinfire, I have been asking cryptsy helpdesk and support about this but they all say it is BS.
We need to wait for a announcement from Big Vern for more detailed information.
Sorry to scare you guys, Can't be safe enough.
Cheers
The only thing cryptsy can be faulted for is adding the shittest of the shit coins because of btc bribes. haha true
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$ADK ~ watch & learn...
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Jumbley
Legendary
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Activity: 1218
Merit: 1003
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October 07, 2015, 01:23:33 AM |
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Out of the four exchanges trading DGB Cryptsy has the most volume right? Wrong since they swapped trading fees, volume metrics count for shite at cryptsy! I'd call that allowing deceit to take place at least.
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Jonesd
Legendary
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Activity: 1876
Merit: 1014
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October 07, 2015, 08:12:07 AM |
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I did some withdrawels of another coin and they ended up only sending half of them each time (very strange!). I had to withdraw the same amount in six increments for some reason.
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Co-Founder and Managing Partner of Block Bastards
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24hralttrade
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October 07, 2015, 08:23:57 AM |
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I did some withdrawels of another coin and they ended up only sending half of them each time (very strange!). I had to withdraw the same amount in six increments for some reason. I just took 4 million Digibyte from cryptsy, Same problem.
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bogglor
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Activity: 266
Merit: 250
DigiByte? Yes!
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October 07, 2015, 03:01:26 PM |
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Out of the four exchanges trading DGB Cryptsy has the most volume right? Wrong since they swapped trading fees, volume metrics count for shite at cryptsy! I'd call that allowing deceit to take place at least. I don't know the point you are trying to make, but the trading fee has never been included in Total BTC column. And even if it was, the small fee they did take (0.25 - 0.3%) wouldn't be enough to skew the numbers enough to make a false claim about volume.
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My current miner setup: Linux - Ubuntu 12.04, Two 1.3Mh/s Scrypt ASICs, Two Radeon HD 7850 GPU mining different algos (usually qubit or skein). Click here for my DGB Address QR code. DGB Address: D6ZLjbSWu2mse3EqtoSn93nFrJ85wPKBF5 I have the DGB Gaming Wallet on my Galaxy S6
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24hralttrade
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October 07, 2015, 03:08:34 PM |
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^^ But a buy and sell of the same amount is very weird if you ask me
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Jumbley
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October 07, 2015, 04:52:27 PM Last edit: October 07, 2015, 05:16:29 PM by Jumbley |
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@ bogglor, My point is that I could buy and sell to myself all day. It would cost me nothing and the DGB traded on Cryptsy would be whatever I shifted. In this case I suspect I'd get a bot to do it for me. https://www.coingecko.com/en/coins/digibyte/trading_exchanges
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plims
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Activity: 39
Merit: 1
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October 07, 2015, 05:50:12 PM |
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Will there be a new DigiReport this week as it was announced last week? Just curious
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TheCoinGossip - DAS deutschsprachige Krypto-Magazin (https://www.thecoingossip.com)
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bogglor
Sr. Member
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Activity: 266
Merit: 250
DigiByte? Yes!
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October 07, 2015, 06:48:11 PM |
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I really doubt this is happening to artificially inflate the number the volume of DGB. And yes, you could do it all day if you wanted to, but if someone sees trades like this happening, and does some strategic trades while your bot is running, they could make you lose some money. It's not worth the trouble/risk. It's way more likely that the volume of DGB has been high because the price spiked. People would be more likely to try and pump/dump by the type of trade manipulation method you suggest than they would be to raise the trading volume for no reason.
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My current miner setup: Linux - Ubuntu 12.04, Two 1.3Mh/s Scrypt ASICs, Two Radeon HD 7850 GPU mining different algos (usually qubit or skein). Click here for my DGB Address QR code. DGB Address: D6ZLjbSWu2mse3EqtoSn93nFrJ85wPKBF5 I have the DGB Gaming Wallet on my Galaxy S6
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Jumbley
Legendary
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Activity: 1218
Merit: 1003
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October 07, 2015, 06:56:40 PM |
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I really doubt this is happening to artificially inflate the number the volume of DGB. And yes, you could do it all day if you wanted to, but if someone sees trades like this happening, and does some strategic trades while your bot is running, they could make you lose some money. It's not worth the trouble/risk. It's way more likely that the volume of DGB has been high because the price spiked. People would be more likely to try and pump/dump by the type of trade manipulation method you suggest than they would be to raise the trading volume for no reason. said people are possibly being investigated as we ponder! I'm just saying this setup allows deceit and in the light of it, I'm not willing to guess coinfire accusations are unfounded.
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bogglor
Sr. Member
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Activity: 266
Merit: 250
DigiByte? Yes!
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October 07, 2015, 08:45:11 PM |
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I really doubt this is happening to artificially inflate the number the volume of DGB. And yes, you could do it all day if you wanted to, but if someone sees trades like this happening, and does some strategic trades while your bot is running, they could make you lose some money. It's not worth the trouble/risk. It's way more likely that the volume of DGB has been high because the price spiked. People would be more likely to try and pump/dump by the type of trade manipulation method you suggest than they would be to raise the trading volume for no reason. said people are possibly being investigated as we ponder! I'm just saying this setup allows deceit and in the light of it, I'm not willing to guess coinfire accusations are unfounded. So, if I understand you correctly... They eliminated trading fees so they could artificially inflate their trade volume, so that more people would come and trade, so that they wouldn't make any money off of that trading because there are no trading fees. Um, I'm not seeing the logic here...
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My current miner setup: Linux - Ubuntu 12.04, Two 1.3Mh/s Scrypt ASICs, Two Radeon HD 7850 GPU mining different algos (usually qubit or skein). Click here for my DGB Address QR code. DGB Address: D6ZLjbSWu2mse3EqtoSn93nFrJ85wPKBF5 I have the DGB Gaming Wallet on my Galaxy S6
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Jumbley
Legendary
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Activity: 1218
Merit: 1003
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October 07, 2015, 10:37:15 PM |
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I really doubt this is happening to artificially inflate the number the volume of DGB. And yes, you could do it all day if you wanted to, but if someone sees trades like this happening, and does some strategic trades while your bot is running, they could make you lose some money. It's not worth the trouble/risk. It's way more likely that the volume of DGB has been high because the price spiked. People would be more likely to try and pump/dump by the type of trade manipulation method you suggest than they would be to raise the trading volume for no reason. said people are possibly being investigated as we ponder! I'm just saying this setup allows deceit and in the light of it, I'm not willing to guess coinfire accusations are unfounded. So, if I understand you correctly... They eliminated trading fees so they could artificially inflate their trade volume, so that more people would come and trade, so that they wouldn't make any money off of that trading because there are no trading fees. Um, I'm not seeing the logic here... No, I do not think you do understand me… I’m not saying they did anything for any reason. What I am saying is that they have provided a tool for market manipulation (no fees.) to everyone now and one of the accusations that is being made against them is market manipulation. But, I’m sure that they will still make money because they have a fee on everything that goes off the exchange and looking like they are very active and have more volume than they actually do will not harm them either. I’m not letting my mind run off with all sorts of other possibilities because I simply don’t know. I have used Cryptsy for a good while now and have never personally had any issues, that they did not sort out with efficiency, with their service but for the time being I have removed my trade from their exchange while these accusations are followed up. How does anyone know what the real volume of trade is on Cryptsy right now?
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yoyoamigo
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October 08, 2015, 03:00:12 AM |
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in case nobody has noticed this yet, Cryptsy's withdrawal fee for DGB has changed to 0.5% amount of DGB withdrawn + 1DGB if i rmb correctly. So if you are withdrawing 1000DGB, fee is about 5DGB. 100 000DGB will be 500DGB. used to simply exchange my BTC for DGB for supercheap withdraws (1DGB only).
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wildduck
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October 08, 2015, 06:32:38 AM |
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in case nobody has noticed this yet, Cryptsy's withdrawal fee for DGB has changed to 0.5% amount of DGB withdrawn + 1DGB if i rmb correctly. So if you are withdrawing 1000DGB, fee is about 5DGB. 100 000DGB will be 500DGB. used to simply exchange my BTC for DGB for supercheap withdraws (1DGB only).
Craptsy soon enough will be closing so f... them
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Jumbley
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October 08, 2015, 08:55:50 AM |
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Cryptsy does not look to be in good shape at all. Here I can see a sell order lower than buy bids
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HarveyOne
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Activity: 130
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October 08, 2015, 12:42:20 PM |
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Cryptsy does not look to be in good shape at all. Here I can see a sell order lower than buy bids Seems Cryptsy can not get rid of the 10000 DGB at 38 Sat, they are still listed, despite the latest buy offer of 39 Sat!
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24hralttrade
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October 08, 2015, 01:06:03 PM |
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Ok, So who just bought DGB upto 225 on polo?
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Fenix_One
Member
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October 08, 2015, 01:43:11 PM Last edit: October 08, 2015, 01:54:13 PM by Fenix_One |
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Vertical buy wall @55 at poloniex EDIT: 6 millions DGB actually
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