96 BTC per syscoin - what the hell is up on binance?

[European Central Bank]

a cascade of mega pump and dumps wherever you look.

syscoin going far through the roof? other coins going crazy. is something there seriously broken? an API hack?

[bitofc]

It's difficult to trust exchanges.  They do so many shady things now like pump and dumps.  For example: they will block all incoming deposits for a certain coin so their own bags can be dumped on the market.  It's very difficult to trust these low cap coins with all the pump and dump action, thats why I prefer to stay in btc.

[European Central Bank]

It's difficult to trust exchanges.  They do so many shady things now like pump and dumps.  For example: they will block all incoming deposits for a certain coin so their own bags can be dumped on the market.  It's very difficult to trust these low cap coins with all the pump and dump action, thats why I prefer to stay in btc.

uh, 1 syscoin was 96 BTC at one point a short while back.

that's a little more warped than the usual exchange crap. someone somewhere has been screwing with things somehow.

[malibubaby]

a cascade of mega pump and dumps wherever you look.

syscoin going far through the roof? other coins going crazy. is something there seriously broken? an API hack?

I don't trust exchanges nowadays even in Binance. Many coins from there from pushing it to the higher price and then dump. I think the binance manipulate the price from BCN and now Syscoin. Better to go back to bittrex again or you will be bagholder soon because you bought on binance.

[canman]

a cascade of mega pump and dumps wherever you look.

syscoin going far through the roof? other coins going crazy. is something there seriously broken? an API hack?

Binance is investigating the case and I am sure the sellers at that price will be the richest ones in Binance. I think Binance has been hacked into the whole system and they are maintenance this up as soon as possible. Just wait and wait for the latest announcement

[Nucular]

It's difficult to trust exchanges.  They do so many shady things now like pump and dumps.  For example: they will block all incoming deposits for a certain coin so their own bags can be dumped on the market.  It's very difficult to trust these low cap coins with all the pump and dump action, thats why I prefer to stay in btc.

That reminds, yesterday I was going to sell some of this coin that I hold on Bittrex, but once again it was under maintenance. I forgot about it, looked at the price and it's down today. So annoying.

[tmoney88]

Makes sense then that binance is down for maintenance. If it some sort of hack or bug with api thats crazy. taking a chance to trust a bot to handle your money like that.

[CuriousGeorge]

It's difficult to trust exchanges.  They do so many shady things now like pump and dumps.  For example: they will block all incoming deposits for a certain coin so their own bags can be dumped on the market.  It's very difficult to trust these low cap coins with all the pump and dump action, thats why I prefer to stay in btc.

uh, 1 syscoin was 96 BTC at one point a short while back.

that's a little more warped than the usual exchange crap. someone somewhere has been screwing with things somehow.

Imagine if you are buying 0.000000000000000001 syscoin at 96 btc for each syscoin price and what's the different?

I have seen this so many times on DEX just like forkdelta and etherdelta.
Someone just creating another joke order at the same time.

[Dragonrage201]

This looks like some internal bug causing a big error in price quote or a hack. This bad order and any others will most likely be reversed if they can. Read somewhere that 7000 BTC have been withdrawn from Binance to one address that may be related to this.

[Sephire]

I have seen some ridiculously high sell and very low buy orders sitting on Etherdelta/forkdelta to take advantage of someone typing a wrong price or putting a decimal in the wrong place! But this one is so high a price that it is unbelievable.

[renault18turbo]

Failures on exchanges have become more frequent in recent months and this is a bad sign indicating the lack of technical equipment of a particular exchange.

[caisa88]

I think that Binance was hacked somehow, there is no other explination for how such a thing can happen. So it looks like even on the biggest exchange, things like this can happen..

[Rapidgator]

1 syscoin = 96BTC i cannot believe, there is something wrong in binance. watch it

[iryboy]

I think there must be some kind of bug or hack in normal circumstances it is not possible also day by day we are losing trust on these exchanges. At the start, Binance was a good exchange but now things are not going in its favor.

[Golftech]

I have seen some ridiculously high sell and very low buy orders sitting on Etherdelta/forkdelta to take advantage of someone typing a wrong price or putting a decimal in the wrong place! But this one is so high a price that it is unbelievable.

Can be possible, but for that huge value, we are sure that some hackers did play with the price, the total value can make a lucky person who place a sell order and forget about his coin for a while, he might gained more than what he thinks he have some lottery luck that will change life financial statement, 96btc per sys oh wow...let's wait for further updates from binance regarding to this issue.

[pageraji]

binance is down for maintenance, they want upgrade all the API users account, this upgrade take a time, all acount API key will be reset and there will be a roll back of each single account

[Cryptorianx]

Really wtf was going on Binance??Sys hacked or smt!!? There re so much rumors in the groups.I am confused, really.Time to get out of crypto market I think.Need a vacation or long break time whatever u say.

My mood for now:

[coyote50]

just another API hack. they will reverse transactions i'm sure

[haruna69]

binance are big and whales place, wich it makes this exchange are very risky of hacker attack, they hack through sys, 
another coin should worry if their coin maybe got hacked too

[Nadziratel]

there was a hacking incident. The app was attacked. Theft was done. it was a humiliating attack. I hope that binance makes a refund.