Topic: Any clue why whales are pumping shit coins at DEX? - page 4. (Read 1087 times)
If you are very smart, the longer you stay in the space the wiser you are and your decision will be more strategic. Have seen prediction in line several months ago from some experts I follow on twitter. The coin pump are not absolutely for shit coins alone, this trend didn't happen last year at a dipper price of bitcoin. I want to consider that the altcoins could hold on to their price as bitcoin pumps and could dump but response of traders looks like they split there investment into altcoin and bitcoin than in last year bear market when all investment is into bitcoin.
As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning? If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?
Because DEXs have relatively low entry requirements for listings - basically any ERC20 token can be listed.
This is much unlike centralized exchanges, where there are significant barriers to getting listed - there must be sufficient projected liquidity, there must be a good team and a reasonably mature community, etc. etc.
As a result, you see that the tokens listed on decentralised exchanges can be of significantly worse quality, and thus subject to much greater volatility due to the low liquidity within the market. It's really no surprise then that whales (or even any player with 1 BTC or so) can pump up these tokens so much.
sure, but you can see the trade link above https://www.binance.org/en/trade/MDAB-D42_BNB , 2 days in a row , this is not pump & dumb groups i am sure about it, i have been trading long time to realize it.
Firstly, most pump&dump groups don't know anything, they are just a bunch of poor traders looking for a free ride from whales. Secondly, that spike doesn't seem to be a pump & dump scheme, more like classic fat fingers mistake. Either that or a test pump.
There's a pump group in telegram so maybe try to join and see if their call is really effective.
As for me, I never experience being benefited in the pump group but I am just surprise I am already part of the group.
It's really hard to find a consistent pump and dump group as most of them are scams, what I recommend are just those I notice but its up to you to conduct further study and analysis on the group.
However x100 pumps, I am not sure you'll achieve that in this situation.
As for me, I never experience being benefited in the pump group but I am just surprise I am already part of the group.
It's really hard to find a consistent pump and dump group as most of them are scams, what I recommend are just those I notice but its up to you to conduct further study and analysis on the group.
However x100 pumps, I am not sure you'll achieve that in this situation.
As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning? If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?
Whales do it not to collect cheaply, but to sell at a high price. They buy the orders in the sales order book and reach a sufficient price. Afterwards, those with little experience are deceived into this game and want to take advantage of the price increase. At the same time, the whales start selling. If the plan is successful, it is possible to make a profit. That's basically the reason of it and nothing else. They are doing the pump so when it comes to their time, they can dump it gaining a huge profit. They don't care if they ruined somebody else's savings as long as they are gaining money, that's all they care. That's why they are called whales.
is that money laundring?
Oh you mean money laundEring? Why would money launderers necessarily care about making huge profits on an exchange with crypto? They wouldn't. Money launderers only care about changing up their money, not gambling with what they've got.It's the fucking money laundering which is marring the reputation of bitcoin, even if the same thing happens with fiat currency more so than with crypto. Makes my head ache.
I'm convinced that we'll see way more like this in the future. There are tons of wealthy people who wants to move money around without anyone knowing about it, and it's the perfect place to do just that!
Yeah, great opinion! You must be getting paid to post excellent opinions like this!Lol. The gov't is the worst offender of wasting taxpayers' money, and money laundering is a drop in the bucket. The only reason why law enforcement goes after these people is because they're not paying the gov't a kickback in the form of taxes. Fuck that.
It could be that they prefer using the exchange for there business activities as compared to other crypto currency exchange and at the same time, it could be that there is enough traders in that particular exchange that usually follow there trend and that will help them make more profit.
As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning? If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?
Whales do it not to collect cheaply, but to sell at a high price. They buy the orders in the sales order book and reach a sufficient price. Afterwards, those with little experience are deceived into this game and want to take advantage of the price increase. At the same time, the whales start selling. If the plan is successful, it is possible to make a profit. As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning? If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?
It is definitely money laundering action and DEXs are great places for it to do this easily. when our account needed only 12 seed phrases and we were able to start trading hundreds of thousands of dollars and no strings attached.That is why DEXs last so long while transaction fees are expensive and the volume is low. Ideally, we should not use these types of DEXs, which is the playground of the shark.
I'm convinced that we'll see way more like this in the future. There are tons of wealthy people who wants to move money around without anyone knowing about it, and it's the perfect place to do just that!
I'm sure that real DEX's will be used a LOT if we ever get full adoption of the blockchain technology. Millions of dollars will flow through the Blocknet DEX, Komodo's Atomic DEX etc. Just wait and see!
As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning? If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?
It is definitely money laundering action and DEXs are great places for it to do this easily. when our account needed only 12 seed phrases and we were able to start trading hundreds of thousands of dollars and no strings attached.That is why DEXs last so long while transaction fees are expensive and the volume is low. Ideally, we should not use these types of DEXs, which is the playground of the shark.
As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning? If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?
I don't think that is a sign of money laundering. In my opinion, it is just a normal thing when people's buy bags of cheap shit coin and play pump and dump with those cause the capital needed to play with cheap shit coins is way more affordable than to play with popular coin.
As you know , if you are trading at Dex you could easily see x100 pumps .
Are you talking of short term or long term, because honestly, I never see a short term pump of 100x in any DEX. can you point at least one example here?
After that pump, price down to usual point. So what is that meaning? If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?
The meaning is simple, its a pump and dump scheme that we usually see in the market, its manipulation at its best You should be aware and get used to it, if you understand the market movement, then for sure you can find a working strategy that will help you to be profitable trading in DEX.
As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning? If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?
Which DEX do you mean, if forkdelta or etherdelta is the same as buying a high-priced trash token, DEX works where all users can buy where the price you want to buy, for example you see the highest buyer price is 0.00005 ETH but I will manipulate the price there deliberately bought at a price of 0.002 ETH and only bought a small amount of funds, so what was recorded was the price of 0.002 ETH each token on the marketcap, so it looks like a pump even though there is no value at all, if there really is a pump on the idex or binance.org exchanges might just want to buy it as a long-term investment DEX has very low volume, it means no liquidity and whales are easy to do pump and dump in that exchange
whales just need few money to pump coins. and whales can get money by fooling the noobs
you should avoid that and invest in better coin and better exchange
whales just need few money to pump coins. and whales can get money by fooling the noobs
you should avoid that and invest in better coin and better exchange
Not always whales succeed with this type of pump&dump. With such a large amount of coins, it is difficult to hit the one that will be pumped, but earlier it was quite easy to find a coin whose price dropped slowly for a longer period. Then at a very low price you could buy as many coins as possible and just wait. Mostly within a few days or weeks the pump appeared and you could earn x00%. Unfortunately, with such a large number of shitcoins as it is now it is very difficult.
2. it is not about total amount coins, but liquidity exchange
3. the fact is, high volume is more liquid than low.
As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning? If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?
It's not money laundering but it'a actually their strategy to easily manipulate the market, making profit from the weak hands that already bought that particular shitcoin at its high price. It's not difficult to understand since what they are doing isn't difficult specially if that shitcoin is only available in one exchange only.
As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning? If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?
This can happen if the exchange or developers want to manipulate prices, so, they will benefit from the transaction, but of course there will be many investors and traders who will be disadvantaged when it occurs because the price increase is not due to many requests and offers that occur but only done by a few people, and the price increase like that usually happens with a short amount of time. I think that's the cause or maybe there are other causes, I don't know about.
We'll see huge whales entering DEX's soon enough. If you got into BTC early, and want to trade without anyone knowing, a DEX is the perfect choice to move money around without exposing your identity.
Volume is the biggest hurdle right now, but adoption takes time.
Now, Imagine those who actually RUN these DEX's through masternodes. They'll make a KILLING off DEX fee's in the next coming years. I'm sure a project like Blocknet could become MASSIVE in terms of a passive income opportunity. For the first time in years, it's actually affordable to a human being to buy a masternode, which is my plan. I've got a few other projects in mind that I want to invest in as well.
Volume is the biggest hurdle right now, but adoption takes time.
Now, Imagine those who actually RUN these DEX's through masternodes. They'll make a KILLING off DEX fee's in the next coming years. I'm sure a project like Blocknet could become MASSIVE in terms of a passive income opportunity. For the first time in years, it's actually affordable to a human being to buy a masternode, which is my plan. I've got a few other projects in mind that I want to invest in as well.
DEX has very low volume, it means no liquidity and whales are easy to do pump and dump in that exchange
whales just need few money to pump coins. and whales can get money by fooling the noobs
you should avoid that and invest in better coin and better exchange
whales just need few money to pump coins. and whales can get money by fooling the noobs
you should avoid that and invest in better coin and better exchange
Not always whales succeed with this type of pump&dump. With such a large amount of coins, it is difficult to hit the one that will be pumped, but earlier it was quite easy to find a coin whose price dropped slowly for a longer period. Then at a very low price you could buy as many coins as possible and just wait. Mostly within a few days or weeks the pump appeared and you could earn x00%. Unfortunately, with such a large number of shitcoins as it is now it is very difficult.
DEX has very low volume, it means no liquidity and whales are easy to do pump and dump in that exchange
whales just need few money to pump coins. and whales can get money by fooling the noobs
you should avoid that and invest in better coin and better exchange
whales just need few money to pump coins. and whales can get money by fooling the noobs
you should avoid that and invest in better coin and better exchange
As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning? If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?
On small exchanges such as Dex, a small amount of money is enough to make the pump of price of a coin with little or no volume. It is definitely not money laundering. Much more likely that are actions of pump&dump groups. There is many groups like this on Telegram. Usually, only the founders of the group, who buy coins earlier and sell first during the pump, make money on this.
Jump to: