BUYERS on CRYPTOPIA BE WARNED I watched this coin last night for couple hours as someone removed the 1 and 2 sata buy positions to see if anyone would take the bait a few times. They then got bored and place 11.5 btc worth at 2 sata. They then played this game where they removed what they had for sale at the 1 sata position and put small amount on the buy side. As the coin stacked up they would dump on the 1 sata position bc why not when it still a 200% gain.
This coin will never pump!!! I bought $200 at 2 sata and consider it lost. I posted my sell at 2 sata last night and the only other bid was 0.01 BTC. Mine was only 0.02 but yet it has never sold despite their being many purchases at 2 sata so you can safely assume that CRYPTOPIA is helping. It actually seems like a decent scam. You pay cryptopia to list it as BTC pair which probably cost 2.5 BTC or less. That is fine since you own most of the coin or at least billion or more that you been buying up since early July. You then fix the wallet and resurrect a dead coin. Instant 30 BTC in 24 hours and it probably only costed you 5 btc pre $10K.
If this not the case then Cryptopia is listing dead coins to steal btc from everyone which is another decent scam. Oh well thanks for stealing my money.
This is my first post but there is nothing like getting burned that will motivate you to be active in the community
Don't be like me and waste your money!!! Buyers
BEWARE DO NOT PURCHASE SPN COIN ON CRYPTOPIA.
First, I will give the standard disclaimer that I have some SPN and thus hope it increases in value.
Anyway, polyatail, I'm confused by your post. I understand your frustration...been there done that with other coins. But if you want your investment to be worth something, why try to discourage everyone else from buying? Don't you want others to buy? Plus, based on your observations, it sounds like a single person may own most of the sell wall at 2 sat. If that's the case, that person could easily pull that order at any time and make SPN look much more attractive to buyers. One trick whales can use is to put up a big sell wall to encourage others to sell while the whale buys. Then the whale drops the wall and waits for price to increase so they can sell.