90-99% of all the Bitcoin is owned by 1% of all the users.
Bitcoin is an improvement to the monetary system only in efficiency. The main issue of the previous fiat currencies is more abundant in Bitcoin which is the concentration of the elites wealth making all other users slaves for the system.
Fair distribution and manipulation proof are the most important elements needed.
Also note the volatility as a way they increase their holdings through manipulation.
The entire crypto shere has been infiltrated not only bitcoin.
www.bitcoinb.io
Get involved and help expose the manipulation!
Topic: Binance - price manipulation, insider trading and scaming users w some proof (Read 238 times)
April 26, 2018, 11:07:05 AM
January 25, 2018, 01:57:11 AM
I was also waiting for Binance to open deposits of BCD for some time, but it seems it's not to their best interests. It couldn't be a technical problem, BCD blockchain is stable and if it wouldn't be true, we would get that kind of answer from Binance ("We are waiting for BCD blockchain to become stable"), but now they are deleting questions and it looks like that forkexchanges found why - it's a gold mine for Binance (I'm sure thay are doing the same not with the BCD only). So people don't let Binance to foul you by charging 4x-5x for a coin that they are buying in other exchanges.
January 23, 2018, 03:02:42 PM
Well about the wallet i don't think if what is the real reason behind that issue why they are still not fix the issue.. i believe that maybe BCD may conflict to their website.. Since i am using this site and still not having any issue i still fine using them..
I think the price of BCD you are talking about is always depends in demand and supply since binance is more trusted than gate.io and okex because this 2 sites already had scam accusation so i think people who are investing in BCD much prefer to buy in binance and the price is keep increase because there are lots of traders and investors are keep buying it that is why the price is high..
If you wanted to buy in lower price you can go buy in okex or gate.io its not a problem to go there but research first before you buy there because base on what i searched reviews about that 2 sites i couldn't trust them.
All exchanges has different price they are all not the same it will be still depends in volume..
I think the price of BCD you are talking about is always depends in demand and supply since binance is more trusted than gate.io and okex because this 2 sites already had scam accusation so i think people who are investing in BCD much prefer to buy in binance and the price is keep increase because there are lots of traders and investors are keep buying it that is why the price is high..
If you wanted to buy in lower price you can go buy in okex or gate.io its not a problem to go there but research first before you buy there because base on what i searched reviews about that 2 sites i couldn't trust them.
All exchanges has different price they are all not the same it will be still depends in volume..
January 23, 2018, 01:07:36 PM
On November 23rd Binance announced that they credited Bitcoin Diamond(BCD) to their users: https://support.binance.com/hc/en-us/articles/115002998351-Binance-Distributes-Bitcoin-Diamond-BCD-and-Adds-BCD-Markets
On November 25th some guy asked when BCD deposits will be enabled. November 27th someone from Binance replied, that it will happen when the network is stable.
https://imgur.com/a/f1qvV
BCD network launched on 21st December, network got stable a few days after that, but Binance have not enabled deposits/withdrawals yet. Why is that?
Technical difficulties?
No, because Bitcoin Diamond integration is identical to Bitcoin, so it can be done in under an hour.
Price manipulation and scamming their users?
Yes, because they are buying BCD on the free markets such as gate.io and okex.com and selling it to their users at 4-6 times the price, scamming their users for 75-85% of their money spent on BCD.
Currently coinmarketcap.com shows Bitcoin Diamond price at $15.69, but they eliminate Binance from their pricing and they amount for 42% of the total trading volume with the price 4 times higher than the rest of the market(~$60).
If we include Binance's trading data, BCD price would be: $35.19 at this moment.
https://imgur.com/a/9Qy4a
I have been watching the trade volumes for last 2 weeks, by my estimations they are making 10 to 30 million USD a day by not enabling BCD deposits/withdrawals and scamming their users.
I tried asking on their reddit, how long until they will enable it and got my questions deleted in a few minutes - this seems to be a very delicate topic for them, otherwise why would they be so keen at deleting such questions.
https://imgur.com/a/gxtf9
Conclusion
If you are a Binance user: Demand for proper service, share this post and refuse to buy at 4-6 times the market price until they enable free trade through the cryptocurrency market.
If you are a user on other exchanges: Do not sell at low prices for corporate thieves scamming their users at today's largest exchange, wait until the market is freely traded.
On November 25th some guy asked when BCD deposits will be enabled. November 27th someone from Binance replied, that it will happen when the network is stable.
https://imgur.com/a/f1qvV
BCD network launched on 21st December, network got stable a few days after that, but Binance have not enabled deposits/withdrawals yet. Why is that?
Technical difficulties?
No, because Bitcoin Diamond integration is identical to Bitcoin, so it can be done in under an hour.
Price manipulation and scamming their users?
Yes, because they are buying BCD on the free markets such as gate.io and okex.com and selling it to their users at 4-6 times the price, scamming their users for 75-85% of their money spent on BCD.
Currently coinmarketcap.com shows Bitcoin Diamond price at $15.69, but they eliminate Binance from their pricing and they amount for 42% of the total trading volume with the price 4 times higher than the rest of the market(~$60).
If we include Binance's trading data, BCD price would be: $35.19 at this moment.
https://imgur.com/a/9Qy4a
I have been watching the trade volumes for last 2 weeks, by my estimations they are making 10 to 30 million USD a day by not enabling BCD deposits/withdrawals and scamming their users.
I tried asking on their reddit, how long until they will enable it and got my questions deleted in a few minutes - this seems to be a very delicate topic for them, otherwise why would they be so keen at deleting such questions.
https://imgur.com/a/gxtf9
Conclusion
If you are a Binance user: Demand for proper service, share this post and refuse to buy at 4-6 times the market price until they enable free trade through the cryptocurrency market.
If you are a user on other exchanges: Do not sell at low prices for corporate thieves scamming their users at today's largest exchange, wait until the market is freely traded.
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