shadowdio
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Zawardo
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April 16, 2020, 01:12:09 PM |
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With that growth I guess there is manipulation but those exchanges has negative reviews so maybe it is. It is not good time to buy that price because they will dump it for sure.
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Tipstar
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April 16, 2020, 01:14:15 PM |
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These things may occur in a low cap coin if some large buyer or seller mistakenly misplaces a order different in price than they were supposed to. Occasionally, the change is also due to technical errors from the exchange. We have even seen such changes in price of ethereum, a large cap coin in a popular exchange like coinbase. It crashed from $320 to $0.1. https://techcrunch.com/2017/06/24/coinbase-is-reimbursing-losses-caused-by-the-ethereum-flash-crash/
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Vitalicus
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April 16, 2020, 01:29:25 PM |
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With that growth I guess there is manipulation but those exchanges has negative reviews so maybe it is. It is not good time to buy that price because they will dump it for sure.
New investors are only interested in profit and this is the main reason why so many coins easily dump in a short time. Maybe the crypto market doesn't have as much potential as people think because it depends a lot on investor confidence. Of course this market has been manipulated and this has been anticipated so before investing should consider and decide carefully.
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disconnectme
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April 16, 2020, 02:08:26 PM |
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Manipulation or not, if you are the seller and you sell well good. the people that need to worry are those that bought the top. Anything can be manipulated, as it is for Gold, Oil and Bitcoin. There is no way to know the true value of a commodity
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Krabby
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April 16, 2020, 02:15:15 PM |
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With that growth I guess there is manipulation but those exchanges has negative reviews so maybe it is. It is not good time to buy that price because they will dump it for sure.
New investors are only interested in profit and this is the main reason why so many coins easily dump in a short time. Maybe the crypto market doesn't have as much potential as people think because it depends a lot on investor confidence. Of course this market has been manipulated and this has been anticipated so before investing should consider and decide carefully. Because every investor has feared this market. In 2018 2019, a lot of people believed in altcoins in the long term. But as a result, those altcoins died and became scams, and made many investors lose money. Now investors will be ready to dump when prices go up 5-10% to ensure profit
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Lantind
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April 16, 2020, 02:28:13 PM |
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Because every investor has feared this market. In 2018 2019, a lot of people believed in altcoins in the long term. But as a result, those altcoins died and became scams, and made many investors lose money. Now investors will be ready to dump when prices go up 5-10% to ensure profit
Yes, that's right, investors have been discouraged about investing in 2018 and 2019, so they obviously don't want this to happen to themselves again, so it would be very natural for them to be ready to throw away when prices rise by 5-10 % to ensure profit.
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ethereumhunter
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April 16, 2020, 02:36:46 PM |
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I guess that is real because the pump is coming to the market, but if the price is back to the price before, I think that can be manipulated by people who have big money that can move the price. I think we will going to see that thing happens in many exchanges, and I guess that in a big exchange, that will happens too since in the big exchanges, many people who have big money. I think they want to make a big profit in a short time so people who have that money will try to move the price.
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Pamadar
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April 16, 2020, 02:40:32 PM |
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With that growth I guess there is manipulation but those exchanges has negative reviews so maybe it is. It is not good time to buy that price because they will dump it for sure.
New investors are only interested in profit and this is the main reason why so many coins easily dump in a short time. Maybe the crypto market doesn't have as much potential as people think because it depends a lot on investor confidence. Of course this market has been manipulated and this has been anticipated so before investing should consider and decide carefully. Doing good research save you up from possibilities of getting hooked to projects that being played/manipulated, The actions that you are witnessing from exchange that you are not trusting should be consider whenever you are planning to invest your money. Most of the time investors who participated from new projects only aimed for quick benefits so together with bounty hunters the project can easily be dumped, if you wanted to keep yourself safe from being trapped make sure to properly do your own study and sort every information that will helps you to decide with every investment that you'll going to take.
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CryptoCrawler_2017
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April 16, 2020, 03:40:44 PM |
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Aside from market manipulation & all that kind of things, some coins have low liquidity & even $100 can make them move 100% in couple of seconds. Yes, manipulation does exist in crypto & even the great Binance do that for some of his Coin that it list when they do their IEO into their exchanges, you should be familiar with that by now.
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FanEagle
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April 16, 2020, 05:36:10 PM |
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Well, it is both manipulation and also not. That right there looks like a pump and dump or a misclick or maybe a faulty bot, there is just one time huge increase and fall very very quickly but that was it.
So, as you can see it wasn't really purely a manipulation because whoever increased it that much couldn't also profit from it since they couldn't buy from that level and also get rid of it at around those levels neither, would have killed all the momentum it had and would actually cost them money if they did it willingly so there is no way it was manipulation.
However it created some sort of buzz around it so it could have been for news reasons, cheap marketing, it used to be 41 satoshi before that and now its over 300 satoshi, which is really cool increase all by itself.
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passwordnow
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April 16, 2020, 05:41:33 PM |
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Don't be surprised if some of the coins that's already dead came back from the living and start pumping unstoppable, there's something wrong. It's best for you not to ride the hype of that coin and just ignore the rise. If you ride and you sell late, goodbye to your money.
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lousie9
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April 16, 2020, 05:46:32 PM |
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when viewed from the graph shows that the price of coins increased very significantly and is very unlikely if someone did it themselves. I think this is a form of price manipulation in the market, but if you want to invest in new coins, pay attention to how the project team works and don't just look at it in terms of profits. be careful with that.
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mersal
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April 16, 2020, 05:57:41 PM |
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Most of the tokens were created for the purpose of bump and dump and look at the increase in volume it is not organic so its blatant manipulation.So look for the coins with market cap of atleast over 500 btc which maybe harder for someone to manipulate with such value or simply go for other coins or tokens.
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cytpoway121
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April 16, 2020, 06:57:46 PM |
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With 2 BTC ($14,000+) on probit exchange, and 11 ETH ($1,800$ +) on vindax as volume of the OKS token, thats to show us that the token trades more on the probit exchange with a convenient but low trading volume (24hr).
With this, i do not think it is a price manipulation; it may be a dump/pump situation; but it does not negate the fact that the token did really to increase in price and volume. It is now left to go back to the drawing board, dyor and decide whether to get in or get out.
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Marble777
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April 16, 2020, 09:09:08 PM |
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Judging from the data above, it seems indeed true that it was manipulation or it could be that the rising price of the coin was due to the influence of the news. yes as we know about pumps and dumps, but usually a new project after pumping is high then it is most likely that it can go down drastically.
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koang
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April 16, 2020, 09:16:23 PM |
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As you said, the token is listed in the shady exchange... So in fact you already know the answer ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) This project is just trying to raise money on a wave of hype on the blockchain. Future plans OKSCHAIN project... Run away with all your money ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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irixo10
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April 16, 2020, 09:41:14 PM |
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There is a lot of this every now and then, and if you are holding just take your profit and move on because it will go down as usual and this time might be bad. Also, comparing data from the price increase it is likely not to be manipulation nevertheless do not let down your guard when you see token growth like this because most tokens we have today are just for pump and dump, nothing more nothing less and this might be one of them.
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bittick
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April 16, 2020, 10:48:51 PM |
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Manipulation or not, if you are the seller and you sell well good. the people that need to worry are those that bought the top. Anything can be manipulated, as it is for Gold, Oil and Bitcoin. There is no way to know the true value of a commodity
The key is the gap between the buy and sell order. If you have identified that there was something that makes you doubt about that and that is manipulated. i can even do that to buy a single coin with a good price to manipulate the market. Just stop to believe the market when it was having a big gap. Mostly whales or pumpers are doing it
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AmoreJaz
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April 16, 2020, 10:54:27 PM |
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As you said, the token is listed in the shady exchange... So in fact you already know the answer ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) This project is just trying to raise money on a wave of hype on the blockchain. Future plans OKSCHAIN project... Run away with all your money ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) stay away from this token as much as possible. have seen that countless times and only one direction they are heading - in the trash bin!
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imstillthebest
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April 16, 2020, 11:02:25 PM |
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they say probit was a scam exchange same as latoken , p2p and others ( i forgot thier names ) but there were so many of them . but what is that oks coin ? sounds like a coin asociated with okex but the coin should be only found on okex exchange and not on probit so prolly not . 710 percent is a massive increase for coin that is not than known but unknown coins are mainly the ones that pumped out much compare to classic ones . there are even coins on yobit that pump 1000 percent higher than this . just be realistic tho becasue mostly they are a trap
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