Originally posted here
https://bitcointalk.org/index.php?topic=5102050.msg51301145#msg51301145Looking for a opinion and input from other DTs.
Here is one accusation thread >
[POS/MN] ONEX Oneexbit coin is NOT A SCAM but FULLY WASH TRADING on CryptoBridgeI looked trough the accusation and everything seemed to be true. There are all the same accounts "trading" in between some amounts. This was new to me and looked as fraudulent activity.
Then I tagged the
onex_team account for faking trading volumes using bots.
After digging a bit more, this seems to be a common practice among other exchanges as well.
Now comes the question to the other DT's, shall we pursue this kind of attitude or this is acceptable practice ? The huge problem is:1. Fake volumes make new investors buy. Their decisions impacted by FAKE arguments. Is it fair to allow scammers involve people to their project?
Ask yourself a question - will anyone buy the coin with NO trade volumes. Obviously NOT!
No liquidity = No intentions to buy, because you will never sell it Using fake volumes = scam = investors fraudNow ask yourself: do you want to encourage and stimulate that kind of practices?2. Do you want to participate in market where that kind of practices are widely used to appear?Definitely no.
Do you want to loose money while being fooled by any faked info?
Do you want another investors being faked by scammers?
You are responsible for the market reputation and making it healthy place, please use your trust carefully
PS I am really don’t know will OneExBit and their Onex coin project will be scammed but they are using too much fake instruments and activities that looks like scam ones...
Really potty to be their investor.
Wish them only luck and stop of fake volumes use and investors banning