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Author Topic: Manipulation of cryptocurrency exchanges.  (Read 1646 times)
elcoblast
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July 09, 2019, 07:46:19 PM
 #121

If you talk about price manipulations, I have not seen this as often as volume manipulation.
However, I occasionally met with the strange behavior of the exchanges, when at the time of the pump of an coin, the large exchange unexpectedly left for unplanned technical work.
read news about coinmarketcap warned few exchange beause they don't give real data about trade volume and exhange liquidty.
many exchange are manipulate exchange data like i said

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July 09, 2019, 09:06:23 PM
 #122

I have seen and experienced it first hand. Within that exchange it was terrible, because I saw a good volume via CMC and on getting to the exchange it was bots at work. Also, most exchange manipulate their volume for the sake of attracting more users, but this is wrong totally and not worthy of a space like this crypto space. This issue of manipulation needs to be tackled.

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July 10, 2019, 01:30:04 PM
 #123

I have seen and experienced it first hand. Within that exchange it was terrible, because I saw a good volume via CMC and on getting to the exchange it was bots at work. Also, most exchange manipulate their volume for the sake of attracting more users, but this is wrong totally and not worthy of a space like this crypto space. This issue of manipulation needs to be tackled.
Well, are you trusting CMC until now? With these kinds of manipulation? Are you still trusting cmc?

 
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July 10, 2019, 04:00:27 PM
 #124

Some exchanges do fake price to lure traders and get them hook in their exchange, Bitebtc a notorious scamming exchange is well known for this deadly act and afterward freeze users account for a manufactured violation of their policy which is a blatant falsehood.
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July 10, 2019, 04:03:38 PM
 #125

Yeah, the biggest exchanges according coinmarketcap website with pretty high fake volume are well known for manipulation and other shady behavior.

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July 10, 2019, 04:04:44 PM
 #126

Some exchanges do fake price to lure traders and get them hook in their exchange, Bitebtc a notorious scamming exchange is well known for this deadly act and afterward freeze users account for a manufactured violation of their policy which is a blatant falsehood.
Oh yeah. about 0.8 BTC was frozen on my account while I was trying to withdraw my money from the exchange BiteBTC. I think they are pumping some coins on their exchange so that people start deposit money to them

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July 10, 2019, 04:07:30 PM
 #127

Oh yeah. about 0.8 BTC was frozen on my account while I was trying to withdraw my money from the exchange BiteBTC. I think they are pumping some coins on their exchange so that people start deposit money to them
beware of exchanges that move abnormally like that. sometimes there really is the value of coins that are so far from those circulating in other exchanges. of course it makes people interested in trading there because of the huge profits, but if it has happened as you have, what can we do?

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July 10, 2019, 04:09:52 PM
 #128

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 is possible specially to these exchanges which is really prone on such thing.We have seen about wash trading of Exchangers where it does mean they are faking out volume for attracting new traders or investors to use up the the platform.You can spot it out if your dealing with bots.

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July 10, 2019, 04:14:32 PM
 #129

There are some gossips that Binance is buying back tokens that were previously listed on Binance launchpad to pump the price up and get more investors in next project on launchpad.  Wink

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July 10, 2019, 07:25:24 PM
 #130


80 percent of the exchanges have not real volumes. not just a few, but a majority. By creating non-existing volumes, they want to attract new traders to their platforms.
just know few crypto exchanger are manipulating their volume trade, because exchanger need manipulate the vollume for gain new user and used their exchange and increased transaction in exchanger

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July 11, 2019, 08:04:13 AM
 #131

Now they are manipulating not only the exchanges, but the entire market, manipulating people with the help of news that are published on the Internet


I know of news manipulation, but i have not heard of exchange manipulation
Well, shits do happen in cryptocurrency world, and many people with their many strategies in creating things that will make them earn money, I have heard of price manipulation in exchanges too, but I don’t know exactly how it works or plays out, and their motive behind manipulating price.

If it was for volume, that is understandable, it is mostly done by exchanges who are new to the market, and would want to do everything possible to attract people to them, and for the news manipulation, that one is the major tool used by whales to pump the price of a particular coin, but these type of pump usually does not last, because in the end, people would have no use for the project product, which will make the value not to be sustained and eventually dumped, if not dumped first by the whale himself.

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July 11, 2019, 09:52:15 AM
 #132

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.
The price manipulation can be done in a lot of ways. Just like everyone believed that USDT was part of the increase (I am not really sure about that ). It happens, and there are lots of ways that it do happens… just like someone once said that the problem we are having is that people are not treating cryptocurrency as a means of payment, instead they are seeing as an speculative asset. People can even put orders and cancel them before they are finalized. This will make it seem like there are higher demand and will cause the market price to go up.
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July 11, 2019, 05:21:22 PM
 #133

If you talk about price manipulations, I have not seen this as often as volume manipulation.
However, I occasionally met with the strange behavior of the exchanges, when at the time of the pump of an coin, the large exchange unexpectedly left for unplanned technical work.
That is really common as well, if an altcoin that is not well known begins to skyrocket some exchanges will go into maintenance, but for the time being anyone that has money invested in that coin can do nothing and that is a terrible position to find yourself in since you can lose your opportunity to sell your coins for a good price, this is why we need decentralized exchanges to become more popular since several of those tricks will not be possible on them.

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July 11, 2019, 09:01:10 PM
 #134

Virtually all exchanges involves in price manipulation for example when you place an order in some exchanges the bot place another order cheaper than your own order, that is typical example of manipulation going on some exchanges.
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July 11, 2019, 10:15:49 PM
 #135

On a better note, the manipulations in exchanges nowadays is getting out of hand which will get one asking if really it is worthy of an industry or a space like Cryptocurrency. Most exchanges nonchalantly does it without putting their users at heart thus making trading difficult and unfriendly. One exchange deceived me with that, I had no other other option than to withdraw ASAP, hope not to visit that exchange again.

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July 15, 2019, 07:43:04 AM
 #136

Obviously, the most of crypotocurrency Exchanges are manipulating the price of tokens on their platform by using bots. There is no regulation at the moment, so they can do what they want.
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July 15, 2019, 07:47:38 AM
 #137

Exchanges are known to have fake volumes. I think this is something that exchanges use in order for the prices to be constantly moving. Bots are employed for this strategy. This is also a strategy to attract traders. Traders will not be trading on exchange platforms that have low volumes. Their buy and sell calls will have a hard time getting filled up.
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July 15, 2019, 07:52:35 AM
 #138

I have had such experiences in my crypto life that started some three years ago. A crypto exchange named BiteBTC robbed me out of two BTC by not allowing me withdrawal. It has faked volume and price of coins just to attract new traders and prey on them. It is still in operation. Stay alert.

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July 15, 2019, 07:54:21 AM
 #139

Some exchanges do fake price to lure traders and get them hook in their exchange, Bitebtc a notorious scamming exchange is well known for this deadly act and afterward freeze users account for a manufactured violation of their policy which is a blatant falsehood.
Oh yeah. about 0.8 BTC was frozen on my account while I was trying to withdraw my money from the exchange BiteBTC. I think they are pumping some coins on their exchange so that people start deposit money to them
It's a scam exchange and there are many people who have warned about it. Sorry about your case but I believe you will never be able to withdraw that money on your wallet. I also have a few friends who have lost all the money there


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July 15, 2019, 08:33:49 AM
 #140

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.
I've never experienced it or seen it firsthand, I think crypto currency exchange can't be manipulated because it's based on the provisions. if there really is something like that, I think the crypto's future will end soon because there is no trust from investors.

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