chocopapaya
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July 04, 2019, 04:37:10 PM |
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It's very common. In fact, it's hard to find an exchange that doesn't do it. There are the really sneaky ones like hotbit that manipulate their own volume to appear like there is a lot of trading going on. But the more common thing you will find is bots, either hired by projects to increase volume or by individuals/groups. It's very easy to spot. Take any coin that has a lot of action and test it out, put up a buy or sell order and if someone is running a bot, immediately there will be other buy/sell orders. They often bury yours meaning they are trying to pump or dump the price.
Really, although these exchanges dominate everything, the future is going to be in decentralized exchanges and peer 2 peer services. That's what crypto was built for. There will soon be a time when we wonder why we bothered with all of this nonsense in the first place
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10BTCaDay
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Oikos.cash | Decentralized Finance on Tron
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July 04, 2019, 04:48:23 PM |
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of course, it exists. There are manipulations on almost all exchanges and if you will understand which coin the exchange uses for its manipulations you can make good money on it
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South Park
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July 04, 2019, 04:58:15 PM |
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After looking at a lot of crypto exchanges, have you ever thought about price manipulation in exchange? Have you ever experienced or seen it. Share your experiences and I want to hear a whisper from you. Thank you.
We know that many exchanges manipulate their volume, that is not speculation that is a fact, they do this because as we know traders want liquidity when they put their money in a coin since that means that it is easier to get in and out of their positions, so to be the exchange with the most volume is something that every exchange wants but some exchanges are willing to fake their volumes to get that first position, but now some sites like coingecko are taking actions against them and have developed new formulas to rank exchanges that do not rely only on volume.
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Iykecollinz
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July 04, 2019, 05:04:59 PM |
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You would have been specific with what you termed manipulation, there could be price manipulations of certain coins but this has little or nothing to do with the exchange itself or the owners, how about pump and dump groups, I have seen a particular active one that obviously pumps coins on Binance
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Fedrey
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July 04, 2019, 05:14:22 PM |
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Of course, I agree that any accusation against this or that stock exchange must be supported by at least some facts. But nevertheless, no one can deny that the administration of certain people still uses its capabilities to manipulate prices on its platforms. Perhaps this does not affect the weight of the cryptocurrency market, but nonetheless manipulation occurs.
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kram31
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July 04, 2019, 05:19:15 PM |
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After looking at a lot of crypto exchanges, have you ever thought about price manipulation in exchange? Have you ever experienced or seen it. Share your experiences and I want to hear a whisper from you. Thank you.
Manipulation on faking volumes is one of the best example on this. There are so many exchanges who fake the volumes even pump the trading. Have you seen an exchange which do have many trades even you can't see that on the buy or sell orders?
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andra73
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terra-credit.com
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July 04, 2019, 05:25:38 PM |
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of course, it exists. There are manipulations on almost all exchanges and if you will understand which coin the exchange uses for its manipulations you can make good money on it
I think it is no longer something that is not known to the public. many people know and understand that almost all exchanges manipulate the trade that is in their exchange. with the aim of making trade increase. but if an exchange that already has a large trade I think it's unnecessary.
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adzino
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www.Crypto.Games: Multiple coins, multiple games
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July 04, 2019, 05:30:07 PM |
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Yeah, it does happen happen a lot especially on most of the shitty exchanges. They create fake volume of transactions to make them seem. Again, you will see those unknown tokens with huge volume of trade to manipulate the price. That manipulation is done mainly by the coins support or the creator themselves to increase both the price and trade volume of the coin.
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Tigerw
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July 04, 2019, 05:41:23 PM |
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Everybody already knows that each exchange has its own community and its own secret groups of cryptocurrency users, which can carry out certain manipulations with those Or other cryptocurrencies. This has long been your opinion of professional people on the forum and in other media. Therefore, it makes no sense to object to the existence of such a problem.
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ahmed04
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July 04, 2019, 05:43:59 PM |
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It's probably happening. But we can't know for sure. Since exchanges keep this information secret) Let's wait for the dismissed employees. So they then reveal to us all the secrets of the exchanges)
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bluesnup
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July 04, 2019, 05:56:37 PM |
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Take a look at the biggest exchanges and DEX. It's just a bunch of fake volume to attract people and why would they stop it if it works.
Visit any exchange with a trade history and you will see crazy numbers and the same crazy deposits, just in, out and repeat. Real exchanges that don't participate in this like Switchdex.ag proceeds to get ignored by the community because of the lack of volume, yet they will go to a "big" dex and have their order stand there for more than a day without buyers.
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Hueristic
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Doomed to see the future and unable to prevent it
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July 04, 2019, 06:04:35 PM |
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Polineix manipulated clams to rip off the insurance fund then they took all the stolen ?Monero and dumped it so I'd stay outta that exchange. Its owned by GodmanBallsacks which is nothing but institutional money trying to destroy the scene.
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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klaaas
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July 04, 2019, 06:09:43 PM |
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but they are not manipulating the price even if there is an exchange doing it won't affet other exchange to be honest because when the marketcap value is high it cannot be manipulated. Sure they can. We cant look into the backend so it can be manipulated if the team behind the exchange really wants. Beside the price a exchange earns on the amount of trades.
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AgentZero23
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July 04, 2019, 07:01:07 PM |
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I have been trading quite a while and I notice in some exchanges they do have quite in common and it's wash trading. And you could tell there is a price manipulation when in the trade section showed sell and buy price are not in the buy or sell order. Some exchanges are using bots to manipulate the price and if you want to take advantage and hoping to make a profit. You need to analyze the chart and the price on when to pump and dump.
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romanij
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July 04, 2019, 08:30:34 PM |
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I know for sure that each exchange fakes trading volumes in order to attract as many traders as possible. There is no exchange that could boast of its correctness.
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frost_wind
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July 04, 2019, 09:42:25 PM |
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After looking at a lot of crypto exchanges, have you ever thought about price manipulation in exchange? Have you ever experienced or seen it. Share your experiences and I want to hear a whisper from you. Thank you.
Every time I enter exchange and see how orders are executed, I think that this is all the work of robots that work in accordance with the algorithm that is programmed in them. I am also convinced that on most crypto exchanges trading volumes are fake and they simply hold us up for fools
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kawetsriyanto
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duelbits.com
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July 04, 2019, 11:21:27 PM |
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If it is about the price, it can be. But the fact by manipulation is probably about the trading volume and activities. Some exchanges may use the fake trading volume in order to attract more investors or traders to use the exchange. Normally, it may not be a bad idea. But, of course, we must be more careful whether their most trading volume is fake or not. And about the price, sometimes, the team of the exchange probably have chance to manipulate it. Well, who knows exactly.
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[/tabl
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rdewilde
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July 04, 2019, 11:44:42 PM |
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Many exchanges manipulate volume etc so as to attract more users. While most exchanges are perfect in doing this others aren't; that is, in most exchanges you will see how bot influence price thereby making trading almost difficult. After having a bitter experience with a certian exchange, I tend to overlook what is displayed on CMC and thus visiting the exchange in particular to be sure there is a good level of trading activities before sending any coin.
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TimeTeller
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July 04, 2019, 11:53:33 PM |
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Many exchanges manipulate volume etc so as to attract more users. While most exchanges are perfect in doing this others aren't; that is, in most exchanges you will see how bot influence price thereby making trading almost difficult. After having a bitter experience with a certian exchange, I tend to overlook what is displayed on CMC and thus visiting the exchange in particular to be sure there is a good level of trading activities before sending any coin.
This is quite true to most of the crypto exchanges even if they are the top ones in their field. Actually, it is not only the exchange itself but the project owners of that coin. To portray that their coin is doing well in the trading aspect, they will place long list of their buy/sell orders to make their coin look dynamic in trading. But you will see their true color after couple of months or more of trading because they already got tired of doing the same cycle over and over again.
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axel2078
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July 05, 2019, 12:18:50 AM |
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This is actually not a new thing in this space anymore and indeed it is really disheartening for this space owing to the way it tends to go mainstream. Most exchanges if not all manipulates volume for their own personal gain, which is to convince users or investors that they have what it takes while in reality it is fake. I think it is time CoinMarketCap sets rules to cumb this bad trend before it gets out of hand.
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