LbtalkL
|
|
April 21, 2020, 05:00:00 PM |
|
I am seeing this is manipulated, why? these exchanges probit,coinsbit,vindax are sh*t exchanges I have a very bad experience with those exchanges especially probit, so many bots it can dump or pump the coin/token. I am holding a token that is listed there it was dump 99%. If they can do it they can also pump a particular coin with fake trades. Be careful with those exchanges.
|
|
|
|
RealMalatesta
Legendary
Offline
Activity: 2338
Merit: 1124
|
|
April 21, 2020, 06:01:18 PM |
|
It’s normal, even Bitcoin which is the father of all cryptocurrencies can as well be manipulated, not to talk of small altcoins. But in the case of this token, being listed on a shady exchange is already a red flag, unless you have this feeling that it is different, then you can continue.
If I’m the one, I would avoid tokens that are listed on an exchange that has a bad rating and known for promoting a scam token, because there is hardly going to be any difference this time. And those running the project, if they are legit and knows what they are doing, they wouldn’t be messing around with such an exchange , because they know such would bring a bad name to their business.
|
|
|
|
ScamViruS
|
|
April 21, 2020, 09:01:00 PM |
|
This is a common game in the altcoin market. There must be someone behind it. 700% increase in one day. This is by no means normal activity. The reports on the exchanges that pumped this token are not good, manipulation can be expected from them. When the volume of a coin / token is low and the marketcap is low, it becomes a whale game.
|
|
|
|
imoet
Member
Offline
Activity: 322
Merit: 10
homt.net
|
|
April 21, 2020, 09:31:41 PM |
|
Recently I saw tokens generated from the bounty project 4 months ago and it was very unexpected that the price of the OKS $ 0.0239 token increased very sharply and volume in 24 hours (+ 718.94%). Exchange: 1. https://www.probit.com/app/exchange/OKS-BTC2. https://vindax.com/exchange-base.html?symbol=OKS_ETHIs this real? or just manipulation of prices in the market? which makes me a little doubtful, because the token is listed in the shade exchange! but if this is really real, How lucky for you to have participated in the OKSchain gift project. If we look at it carefully, it looks like a manipulation. Because it is too weird if it increase too high. It is normal situation to see the manipulation, because people eager to do so much way for their own benefit.
|
|
|
|
crustycrab666
Full Member
Offline
Activity: 560
Merit: 104
terra-credit.com
|
|
April 21, 2020, 10:41:52 PM |
|
What is the importance of manipulation or not? as long as we can attend the party? the bounty hunter who followed the campaign would be happy. Differences in demand and supply look reasonable, I think it's not fake, although it may be manipulated by some holders who have many tokens. It could be that the development team is really taking a strategic step, supported by a pump and dump so that it can rise very sharply.
Even so it looks vulnerable, don't be FOMO and hope that a similar history takes place in the same place. Pump and dump game, as many members explained above.
|
|
|
|
TopT3ns
|
|
April 21, 2020, 10:50:16 PM |
|
I am seeing this is manipulated, why? these exchanges probit,coinsbit,vindax are sh*t exchanges I have a very bad experience with those exchanges especially probit, so many bots it can dump or pump the coin/token. I am holding a token that is listed there it was dump 99%. If they can do it they can also pump a particular coin with fake trades. Be careful with those exchanges.
yes I totally agree that you say because the coin price movements in an exchange place a lot of manipulation because they want to make the exchange place look crowded and look to have high trading volume because that way can make traders and many investors to trade in the exchange place .
|
|
|
|
Bonwin
Member
Offline
Activity: 798
Merit: 38
|
|
April 21, 2020, 10:53:08 PM |
|
Without much proof it is hard to tell if a coin is being manipulated much in an exchange. However, like someone suggested, it is wise to take your time and observe the charts and trading volume of the coin for a couple of days before jumping on the train to buy
This will be something hard to do, most especially if the project team is the one selling. Such token will continue to dump until there is nothing meaning, left to sell to. A lot of projects have done this and they are still doing it. They can definitely manipulate prices, to attract investors and make them buy. It is very risky because they are disposing of off their tokens while taking investors' main coin. i.e, their token for your BTC.
|
|
|
|
Kelvinid
Sr. Member
Offline
Activity: 2828
Merit: 344
win lambo...
|
|
April 21, 2020, 11:03:51 PM |
|
This will be something hard to do, most especially if the project team is the one selling. Such token will continue to dump until there is nothing meaning, left to sell to. A lot of projects have done this and they are still doing it. They can definitely manipulate prices, to attract investors and make them buy. It is very risky because they are disposing of off their tokens while taking investors' main coin. i.e, their token for your BTC.
Then, we shouldn't have to consider buying new coins instead, looking for old ones. This kind of scheme isn't new to us, they belong to the dump and pump groups that actually still exist in the crypto community. We can't expect them to stop their doings but we could think about being aggressive. Yeah, it was really eye-catching to the investors when they saw a project that been in the hypes but it wonders why that they don't invest this project is that because they know of its ends and they can't be trick again.
|
|
|
|
ahyadinnn
|
|
April 22, 2020, 12:34:54 AM |
|
I am seeing this is manipulated, why? these exchanges probit,coinsbit,vindax are sh*t exchanges I have a very bad experience with those exchanges especially probit, so many bots it can dump or pump the coin/token. I am holding a token that is listed there it was dump 99%. If they can do it they can also pump a particular coin with fake trades. Be careful with those exchanges.
yes I totally agree that you say because the coin price movements in an exchange place a lot of manipulation because they want to make the exchange place look crowded and look to have high trading volume because that way can make traders and many investors to trade in the exchange place . true that price manipulation is usually to attract investors to buy the coin and trade there, I sometimes avoid manipulation like that because it is risky, usually I wait a few days to see the normal price
|
|
|
|
rathaha10
Full Member
Offline
Activity: 616
Merit: 108
io.ezystayz.com
|
|
April 22, 2020, 07:21:09 AM |
|
Is this real? or just manipulation of prices in the market? which makes me a little doubtful, because the token is listed in the shade exchange!
but if this is really real, How lucky for you to have participated in the OKSchain gift project.
To be honest, we've seen lots of coins have more sudden price surge than this in the past and after much consideration it's either turn out to be real or manipulation. I can't deny the fact that this look a bit shady as the whole market is experiencing a down trend so seing a coin have such huge increase is questioning. By the way, if it was a manipulation, the price ought to have bounce back since such moves don't last but seeing the graph you posted, it is hard to arrive at a conclusion since much detail information didn't follow suit
|
|
|
|
bgaf
Sr. Member
Offline
Activity: 644
Merit: 257
Worldwide Payments Accepted in Seconds!
|
|
April 22, 2020, 09:57:35 AM |
|
Always check if the volume is real. Its not that hard to see a 700% reflection of increase but the trades are not filling thr gap of current sell orders. How to know this? Click Trade History and pay attention to the volume or quantity of the tokens sold and also check if the price set by seller has been skipped to execute. Exchange like these are the worse cause they fake the trading volume of any coins on their exchange just to mentioned that their IEO of that project pumps too.
|
|
|
|
popeye95
|
|
April 22, 2020, 01:24:54 PM |
|
After 7 days from the first pump, I think a lot of traders would agree this coin clearly shown some sign of manipulation, pump and dump scheme. The price going sideway even with trade history show orders filled. And with an unknow exchange like vindax, I won't trust or put any cent in this coin. Better yet, it isn't good to invest in coin that already hit +700% in 24h.
|
|
|
|
leatutz
|
|
April 22, 2020, 03:35:57 PM |
|
For this kind of project this situation can't be easily acceptable but we can't declare this is manipulate. After we overcome last bullrun, I found so many coin which are listed in average exchange but pump was huge even more good than top exchange. Average or low volume exchange listed coin literally down most of the time, better check daily volume.
|
|
|
|
Tasrifhossain
Copper Member
Newbie
Offline
Activity: 351
Merit: 0
Another future name is cryptocurrency
|
|
April 22, 2020, 03:55:34 PM |
|
One of the major problems for small traders today is market manipulation and this is one of the reasons why they make wrong decisions after analyzing the market from time to timeThis manipulation has become one of the major problems in this market and it is a big problem for a trader and that is why I think one should never trade when one gets the news of EidAt least one trader should never do
|
|
|
|
jalxyx
Member
Offline
Activity: 506
Merit: 11
|
|
April 23, 2020, 09:14:06 AM |
|
After 7 days from the first pump, I think a lot of traders would agree this coin clearly shown some sign of manipulation, pump and dump scheme. The price going sideway even with trade history show orders filled. And with an unknow exchange like vindax, I won't trust or put any cent in this coin. Better yet, it isn't good to invest in coin that already hit +700% in 24h.
better we check it right now, if we know the market condition and answer all the argument, so this topic can locked by moderator and no one to post on it
|
|
|
|
Davian144
|
|
April 23, 2020, 10:15:45 AM |
|
better we check it right now, if we know the market condition and answer all the argument, so this topic can locked by moderator and no one to post on it
After I checked, it turns out that today the events have started to differ from those on this topic, I also do not understand about this, and maybe you can conclude yourself about this. 1. https://www.probit.com/app/exchange/OKS-BTC2. https://vindax.com/exchange-base.html?symbol=OKS_ETH
|
| █████████████▄▄▄▄▄▄▄█████▄ ███████████▄█▄█▄████▄▀███████▄▄ ███████▄▄█████▀▄███▀▀█▀████▄▄▄██▄▄ █████▄██▄████████████████▄▀█▄██████▄▄ ████▄█▀▄█▄█████████████████▄▀█████████▄ ░▄█████▀██████████████████▄▄▄██████████ █▄████████████████████████████████████ ▀███▀████████████████████▀██████▌████ ░▀██████████████████████▀▄█▀███▀████ ░░▀██████████████▀████████▀▄███████ ███▀███████████▀███▀██████████████ ████▀███████▀█████████▀██████████ █████▀██▀▀▀██████████████▀█████▀ | | | | | | | | | | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████ | | ▄▄▄██▄▄▄ ▄███████████▄ █████████████▄ ███████████████ ▄█████████████████▄ ▀▀▀▀█████████████▀██ ▀█████████████▄ ▄▀█████████████▄ █▀ ▀▀▀██████████▌ ▐███ ▄█████████▀▀ ▀▀ ▄█████▀▀ ███▀▀ ██▀ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████
|
|
|
|
samcrypto
Sr. Member
Offline
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
|
|
April 23, 2020, 10:22:09 AM |
|
After 7 days from the first pump, I think a lot of traders would agree this coin clearly shown some sign of manipulation, pump and dump scheme. The price going sideway even with trade history show orders filled. And with an unknow exchange like vindax, I won't trust or put any cent in this coin. Better yet, it isn't good to invest in coin that already hit +700% in 24h.
Probably a way to attract newbie traders and if they do bought on a higher price, they will regret it later on. Usually a new coin listed on an exchange experienced this kind of pump but later on if they have no real usage in the market, traders will have to leave that token for good and the price will dump hard. A price manipulation is normal nowadays, that's why we have to study the project and their real use in the market, if you didn't do you part, then you'll lose money.
|
|
|
|
DeadCoin
Sr. Member
Offline
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
|
|
April 23, 2020, 10:38:15 AM |
|
After 7 days from the first pump, I think a lot of traders would agree this coin clearly shown some sign of manipulation, pump and dump scheme. The price going sideway even with trade history show orders filled. And with an unknow exchange like vindax, I won't trust or put any cent in this coin. Better yet, it isn't good to invest in coin that already hit +700% in 24h.
Probably a way to attract newbie traders and if they do bought on a higher price, they will regret it later on. Usually a new coin listed on an exchange experienced this kind of pump but later on if they have no real usage in the market, traders will have to leave that token for good and the price will dump hard. A price manipulation is normal nowadays, that's why we have to study the project and their real use in the market, if you didn't do you part, then you'll lose money. That's right, crypto market price at this moment is normal for manipulations. Even Bitcoin has a whale to manipulate its price but I know they will get tired when the right times come. If you have been invested in the project make sure you have already spend more time doing research. Make it sure the team is not fake including their documents.
|
|
|
|
pikkie
|
|
April 23, 2020, 01:57:56 PM |
|
After 7 days from the first pump, I think a lot of traders would agree this coin clearly shown some sign of manipulation, pump and dump scheme. The price going sideway even with trade history show orders filled. And with an unknow exchange like vindax, I won't trust or put any cent in this coin. Better yet, it isn't good to invest in coin that already hit +700% in 24h.
Probably a way to attract newbie traders and if they do bought on a higher price, they will regret it later on. Usually a new coin listed on an exchange experienced this kind of pump but later on if they have no real usage in the market, traders will have to leave that token for good and the price will dump hard. A price manipulation is normal nowadays, that's why we have to study the project and their real use in the market, if you didn't do you part, then you'll lose money. well this all often happens in some places of exchange that still do not have a good reputation they will try to make an impact by manipulating the conditions of cryptocurrency prices from fake trading volumes and so forth so that it can give effect to new traders.
|
|
|
|
jalxyx
Member
Offline
Activity: 506
Merit: 11
|
|
April 24, 2020, 11:59:42 AM |
|
thank you, its answer all argument on this topic. hope moderator lock this thread. problem solve, lets make a good new topic
|
|
|
|
|