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Author Topic: Why BitBall Gain 1565 % Within 24 Hours?  (Read 435 times)
sureshnsnet (OP)
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November 20, 2019, 04:25:19 AM
 #1

I have a habit of daily checking the gainers VS losers on coinmarketcap but today I saw that bitball tokens gain 1565 % within 24 hours, so I want to know the reason behind this or any issues in getting data from exchange?

https://coinmarketcap.com/currencies/bitball/


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November 20, 2019, 04:29:32 AM
 #2

I have a habit of daily checking the gainers VS losers on coinmarketcap but today I saw that bitball tokens gain 1565 % within 24 hours, so I want to know the reason behind this or any issues in getting data from exchange?

sorry but for me?this is a pure manipulation and whales are playing to bag money,its been a normal occasion that shitcoins has been pumped hugely and after few hours or days back to falling again.

nice observation but never trust them to invest unless you are willing to risk your precious money.

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November 20, 2019, 05:21:23 AM
 #3

https://extstock.com/markets/btb_eth This exchange has the largest 24-hour volume at the moment, and only on that exchange is the highest BTB price for other exchanges still very far from it.

I think there is something strange here, look at buy and sell orders on the extstock.com exchange, there are very different prices.

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November 20, 2019, 07:00:41 AM
 #4

This is common in the crypto market. The majority of coins are pumped after a long time fluctuating at the bottom price and it seems only money manipulation organizations do this.
so do not think this is an opportunity to buy shitcoins and hold it, all are calculated by these organizations and you should still stay away from shitcoins if you do not want to lose a lot of money.

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November 20, 2019, 07:18:22 AM
 #5

This is common in the crypto market. The majority of coins are pumped after a long time fluctuating at the bottom price and it seems only money manipulation organizations do this.
so do not think this is an opportunity to buy shitcoins and hold it, all are calculated by these organizations and you should still stay away from shitcoins if you do not want to lose a lot of money.
it seems like it's really manipulation, look at coinmarketcap decrease until now -35%, easy up and easy down,
Bitball is still ranked at 1395 and it's risky if you buy it, and survivors who have BTB will definitely feel happy and happy with an increase like that makes quick for rich

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November 20, 2019, 07:51:27 AM
 #6

Do you see how low the volume is? It is quite easy for market makers to pump illiquid coins with a custom trading bot. It has been the practice since 2014. Pump the coin until the real buyers come. Better if the trading fee is free or cheap.

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November 20, 2019, 08:07:19 AM
 #7

This is common in the crypto market. The majority of coins are pumped after a long time fluctuating at the bottom price and it seems only money manipulation organizations do this.
so do not think this is an opportunity to buy shitcoins and hold it, all are calculated by these organizations and you should still stay away from shitcoins if you do not want to lose a lot of money.

Yes you are right mate we have to think before going to invest in any coins like this situation we have to check reality, otherwise our funds in risk.

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November 20, 2019, 08:28:21 AM
 #8

It has tiny market cap and tiny volume. That is the reason that a rise like that is possible.
The smaller the coin, the more volatile it can be, because individual buy and sell orders have more of an effect.
This is a part of the reason why increased crypto adoption will help Bitcoin to become a better store-of-value.

It may not be mathematically exact, but a good guide is that volatility is inversely proportional to volume.






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November 20, 2019, 09:06:59 AM
 #9



Now the price of BTB becomes mines -69.91% and with the increase up to 1500% only manipulation is done by Coinmarketcap.
I see that trading in low BTB volumes is not very active in general, obviously I don't believe in the increase, and I also don't buy BTB at this time.

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November 20, 2019, 09:16:03 AM
 #10

I have a habit of daily checking the gainers VS losers on coinmarketcap but today I saw that bitball tokens gain 1565 % within 24 hours, so I want to know the reason behind this or any issues in getting data from exchange?

https://coinmarketcap.com/currencies/bitball/

 
I've wondered the same as you and find some group crypto in telegram to ask those with experience in the market for years, they say that it is the act of manipulating or an act shady someone insiders department of that business. He also advised me that such businesses are unreliable and have absolutely no potential to invest in them. everything has been arranged and we should only speculate on the top 50 coins.

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November 20, 2019, 09:38:40 AM
 #11



Now the price of BTB becomes mines -69.91% and with the increase up to 1500% only manipulation is done by Coinmarketcap.
I see that trading in low BTB volumes is not very active in general, obviously I don't believe in the increase, and I also don't buy BTB at this time.
I don't think Coinmarketcap is manipulating, because it only displays price statistics
Those who manipulate are traders usually, who are the traders? maybe the developer of the coin
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November 21, 2019, 04:19:58 PM
 #12

This is common in the crypto market. The majority of coins are pumped after a long time fluctuating at the bottom price and it seems only money manipulation organizations do this.
so do not think this is an opportunity to buy shitcoins and hold it, all are calculated by these organizations and you should still stay away from shitcoins if you do not want to lose a lot of money.
it seems like it's really manipulation, look at coinmarketcap decrease until now -35%, easy up and easy down,
Bitball is still ranked at 1395 and it's risky if you buy it, and survivors who have BTB will definitely feel happy and happy with an increase like that makes quick for rich

in principle there are a lot of prices and volumes manipulated.
and in this case it looks like it. but even if this is not the case then it looks like the train has already left.
please don't invest any money if such an increase has already happened. Wink
this goes directly in the other direction. 99% of the time.
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November 21, 2019, 05:39:57 PM
 #13



Now the price of BTB becomes mines -69.91% and with the increase up to 1500% only manipulation is done by Coinmarketcap.
I see that trading in low BTB volumes is not very active in general, obviously I don't believe in the increase, and I also don't buy BTB at this time.
I don't think Coinmarketcap is manipulating, because it only displays price statistics
Those who manipulate are traders usually, who are the traders? maybe the developer of the coin
Don't know why people are trying to blame CMC on this one yet knowing that this will normally shows or list out on the current price increase change of a certain coin.

The thing here is that you can check out the liquidity or the volume of the said coin if you are in doubt.If we do saw that its a new one in our eyes then theres no doubt that this
is some another shitcoin that had been pumped up and later on would be dumped.

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November 21, 2019, 10:30:18 PM
 #14

These pumps usually happens for old coins, I think the pumping worked effectively for this coin. Just look at how dead it was before but after the pump, it seems to continue up to now. I'll never get into this coin because I know the consequence and dumping is just nearly around this coin.
No need to have reasons or what but these thousands of percentage gain also a representation that when no volume for a coin was found and sudden there's a pump, that will trigger their meter.
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November 22, 2019, 03:04:31 PM
 #15



Now the price of BTB becomes mines -69.91% and with the increase up to 1500% only manipulation is done by Coinmarketcap.
I see that trading in low BTB volumes is not very active in general, obviously I don't believe in the increase, and I also don't buy BTB at this time.
I don't think Coinmarketcap is manipulating, because it only displays price statistics
Those who manipulate are traders usually, who are the traders? maybe the developer of the coin
Don't know why people are trying to blame CMC on this one yet knowing that this will normally shows or list out on the current price increase change of a certain coin.

The thing here is that you can check out the liquidity or the volume of the said coin if you are in doubt.If we do saw that its a new one in our eyes then theres no doubt that this
is some another shitcoin that had been pumped up and later on would be dumped.

Indeed, this coin is bought to be pumped in an instant so that many traders glance at it and then discard it because shitcoin never lasts long like this, even though BTB coins are old but still in my opinion this is shitcoin with no price.
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November 22, 2019, 03:50:33 PM
 #16



Now the price of BTB becomes mines -69.91% and with the increase up to 1500% only manipulation is done by Coinmarketcap.
I see that trading in low BTB volumes is not very active in general, obviously I don't believe in the increase, and I also don't buy BTB at this time.
I don't think Coinmarketcap is manipulating, because it only displays price statistics
Those who manipulate are traders usually, who are the traders? maybe the developer of the coin
CMC is not manipulating the price of token but CMC is taking the information about the price of the token from the wrong or non-credible website. It's not traders nor the developer but the exchange site was manipulating the price of the token. A big gap between buying and sell order can be manipulated by both that created by the owner of the exchange site. I hope you guys should take a look at the exchange site before drawing a conclusion.

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November 22, 2019, 04:36:33 PM
 #17



Now the price of BTB becomes mines -69.91% and with the increase up to 1500% only manipulation is done by Coinmarketcap.
I see that trading in low BTB volumes is not very active in general, obviously I don't believe in the increase, and I also don't buy BTB at this time.
I don't think Coinmarketcap is manipulating, because it only displays price statistics
Those who manipulate are traders usually, who are the traders? maybe the developer of the coin
Don't know why people are trying to blame CMC on this one yet knowing that this will normally shows or list out on the current price increase change of a certain coin.

The thing here is that you can check out the liquidity or the volume of the said coin if you are in doubt.If we do saw that its a new one in our eyes then theres no doubt that this
is some another shitcoin that had been pumped up and later on would be dumped.

Indeed, this coin is bought to be pumped in an instant so that many traders glance at it and then discard it because shitcoin never lasts long like this, even though BTB coins are old but still in my opinion this is shitcoin with no price.
Main targets of these common cases are those noobs who are too greedy and also to those people who do love to join or FOMOers.

Manipulating prices that shows off enourmous % gains do act as a bait and to those who got interested would surely lose up their money later on when
bag holders tend to slumped down their stashes. Common and classic P&D but people still never ever learn.

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November 23, 2019, 04:29:35 PM
 #18

I have a habit of daily checking the gainers VS losers on coinmarketcap but today I saw that bitball tokens gain 1565 % within 24 hours, so I want to know the reason behind this or any issues in getting data from exchange?

https://coinmarketcap.com/currencies/bitball/
I'm sure that in a way you already know the answer to your question, it is impossible for any coin to have that kind of growth in a legitimate way, that kind of growth can only happen when someone is manipulating the price, with such low volume I will not be surprisedax if a single person was manipulating the price by selling his coins and buy them for a higher price this creates the impression that the price is going up but that is false and this is done to attract investors which will eventually lose their money.



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Hamphser
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November 23, 2019, 05:40:05 PM
 #19



Now the price of BTB becomes mines -69.91% and with the increase up to 1500% only manipulation is done by Coinmarketcap.
I see that trading in low BTB volumes is not very active in general, obviously I don't believe in the increase, and I also don't buy BTB at this time.
I don't think Coinmarketcap is manipulating, because it only displays price statistics
Those who manipulate are traders usually, who are the traders? maybe the developer of the coin
CMC is not manipulating the price of token but CMC is taking the information about the price of the token from the wrong or non-credible website. It's not traders nor the developer but the exchange site was manipulating the price of the token. A big gap between buying and sell order can be manipulated by both that created by the owner of the exchange site. I hope you guys should take a look at the exchange site before drawing a conclusion.
I'm not surprised with this kind of manipulation, i just look directly to the coinmarketcap if what is the volume of that said cryptocurrency. By looking at it i can certainly tell already that the price was just a trap for real investors. It's too common to see this kind of tricks nowadays.lol

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November 24, 2019, 03:36:59 PM
 #20

I have a habit of daily checking the gainers VS losers on coinmarketcap but today I saw that bitball tokens gain 1565 % within 24 hours, so I want to know the reason behind this or any issues in getting data from exchange?

https://coinmarketcap.com/currencies/bitball/
I will explain this easily, I see the bitball exchange here
https://coinmarketcap.com/currencies/bitball/markets/
there are no attractive exchanges and have high trading volumes listed there like EtherFlyer, I think it's just a mistake from the CMA to match the original price, the distance of buying and selling prices on a quiet market usually pushes the CMA to record the last price. on that exchange

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