★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 752.

bogglor

sr. member

Activity: 266

Merit: 250

DigiByte? Yes!

Quote from: Jumbley on October 07, 2015, 02:56:40 PM

Quote from: bogglor on October 07, 2015, 02:48:11 PM

Quote from: Jumbley on October 07, 2015, 12:52:27 PM

@ bogglor, My point is that I could buy and sell to myself all day. It would cost me nothing and the DGB traded on Cryptsy would be whatever I shifted. In this case I suspect I'd get a bot to do it for me.
https://www.coingecko.com/en/coins/digibyte/trading_exchanges

I really doubt this is happening to artificially inflate the number the volume of DGB.

And yes, you could do it all day if you wanted to, but if someone sees trades like this happening, and does some strategic trades while your bot is running, they could make you lose some money. It's not worth the trouble/risk.

It's way more likely that the volume of DGB has been high because the price spiked.

People would be more likely to try and pump/dump by the type of trade manipulation method you suggest than they would be to raise the trading volume for no reason.

said people are possibly being investigated as we ponder! I'm just saying this setup allows deceit and in the light of it, I'm not willing to guess coinfire accusations are unfounded.

So, if I understand you correctly...

They eliminated trading fees so they could artificially inflate their trade volume, so that more people would come and trade, so that they wouldn't make any money off of that trading because there are no trading fees.

Um, I'm not seeing the logic here...

Jumbley

legendary

Activity: 1218

Merit: 1003

Quote from: bogglor on October 07, 2015, 02:48:11 PM

Quote from: Jumbley on October 07, 2015, 12:52:27 PM

@ bogglor, My point is that I could buy and sell to myself all day. It would cost me nothing and the DGB traded on Cryptsy would be whatever I shifted. In this case I suspect I'd get a bot to do it for me.
https://www.coingecko.com/en/coins/digibyte/trading_exchanges

I really doubt this is happening to artificially inflate the number the volume of DGB.

And yes, you could do it all day if you wanted to, but if someone sees trades like this happening, and does some strategic trades while your bot is running, they could make you lose some money. It's not worth the trouble/risk.

It's way more likely that the volume of DGB has been high because the price spiked.

People would be more likely to try and pump/dump by the type of trade manipulation method you suggest than they would be to raise the trading volume for no reason.

said people are possibly being investigated as we ponder! I'm just saying this setup allows deceit and in the light of it, I'm not willing to guess coinfire accusations are unfounded.

bogglor

sr. member

Activity: 266

Merit: 250

DigiByte? Yes!

Quote from: Jumbley on October 07, 2015, 12:52:27 PM

@ bogglor, My point is that I could buy and sell to myself all day. It would cost me nothing and the DGB traded on Cryptsy would be whatever I shifted. In this case I suspect I'd get a bot to do it for me.
https://www.coingecko.com/en/coins/digibyte/trading_exchanges

I really doubt this is happening to artificially inflate the number the volume of DGB.

And yes, you could do it all day if you wanted to, but if someone sees trades like this happening, and does some strategic trades while your bot is running, they could make you lose some money. It's not worth the trouble/risk.

It's way more likely that the volume of DGB has been high because the price spiked.

People would be more likely to try and pump/dump by the type of trade manipulation method you suggest than they would be to raise the trading volume for no reason.

plims

jr. member

Activity: 39

Merit: 1

Will there be a new DigiReport this week as it was announced last week? Just curious Wink

Jumbley

legendary

Activity: 1218

Merit: 1003

@ bogglor, My point is that I could buy and sell to myself all day. It would cost me nothing and the DGB traded on Cryptsy would be whatever I shifted. In this case I suspect I'd get a bot to do it for me.
https://www.coingecko.com/en/coins/digibyte/trading_exchanges

24hralttrade

hero member

Activity: 756

Merit: 500

Community Liaison,How can i help you?

^^ But a buy and sell of the same amount is very weird if you ask me Huh

bogglor

sr. member

Activity: 266

Merit: 250

DigiByte? Yes!

Quote from: Jumbley on October 06, 2015, 09:23:33 PM

Out of the four exchanges trading DGB Cryptsy has the most volume right?
Wrong since they swapped trading fees, volume metrics count for shite at cryptsy!
I'd call that allowing deceit to take place at least.

I don't know the point you are trying to make, but the trading fee has never been included in Total BTC column.

And even if it was, the small fee they did take (0.25 - 0.3%) wouldn't be enough to skew the numbers enough to make a false claim about volume.

24hralttrade

hero member

Activity: 756

Merit: 500

Community Liaison,How can i help you?

Quote from: Jonesd on October 07, 2015, 04:12:07 AM

Quote from: 24hralttrade on October 07, 2015, 03:26:29 AM

Just to let people know, on social media there are still people having trouble with cryptsy, Cryptsy says this is a blockchain problem ( https://twitter.com/cryptsy/status/651452139223519232 ) But i dont know what to believe these days.
With cryptsy 2.0 and the coinfire article a few days ago and now this, It's getting a little shady in there.

Also cryptsy (BigVern) did a interview with NewsBTC, Personally i never heard of this website and have my doubts about this article.
http://www.newsbtc.com/2015/10/07/cryptsys-ceo-a-hard-man-in-the-face-of-coinfires-aggro/

Please be carefull and safe and if you read any news or know more about this, Please feel free to share with your fellow Digimembers.

Cheers

http://www.digibytegaming.com/pages/wallets
http://www.digibyte.co/content/choose-your-digibyte-wallet

I did some withdrawels of another coin and they ended up only sending half of them each time (very strange!). I had to withdraw the same amount in six increments for some reason.

I just took 4 million Digibyte from cryptsy, Same problem.

Jonesd

legendary

Activity: 1876

Merit: 1014

Quote from: 24hralttrade on October 07, 2015, 03:26:29 AM

Just to let people know, on social media there are still people having trouble with cryptsy, Cryptsy says this is a blockchain problem ( https://twitter.com/cryptsy/status/651452139223519232 ) But i dont know what to believe these days.
With cryptsy 2.0 and the coinfire article a few days ago and now this, It's getting a little shady in there.

Also cryptsy (BigVern) did a interview with NewsBTC, Personally i never heard of this website and have my doubts about this article.
http://www.newsbtc.com/2015/10/07/cryptsys-ceo-a-hard-man-in-the-face-of-coinfires-aggro/

Please be carefull and safe and if you read any news or know more about this, Please feel free to share with your fellow Digimembers.

Cheers

http://www.digibytegaming.com/pages/wallets
http://www.digibyte.co/content/choose-your-digibyte-wallet

I did some withdrawels of another coin and they ended up only sending half of them each time (very strange!). I had to withdraw the same amount in six increments for some reason.

24hralttrade

hero member

Activity: 756

Merit: 500

Community Liaison,How can i help you?

Just to let people know, on social media there are still people having trouble with cryptsy, Cryptsy says this is a blockchain problem ( https://twitter.com/cryptsy/status/651452139223519232 ) But i dont know what to believe these days.
With cryptsy 2.0 and the coinfire article a few days ago and now this, It's getting a little shady in there.

Also cryptsy (BigVern) did a interview with NewsBTC, Personally i never heard of this website and have my doubts about this article.
http://www.newsbtc.com/2015/10/07/cryptsys-ceo-a-hard-man-in-the-face-of-coinfires-aggro/

Please be carefull and safe and if you read any news or know more about this, Please feel free to share with your fellow Digimembers.

Cheers

http://www.digibytegaming.com/pages/wallets
http://www.digibyte.co/content/choose-your-digibyte-wallet

Jumbley

legendary

Activity: 1218

Merit: 1003

Out of the four exchanges trading DGB Cryptsy has the most volume right?
Wrong since they swapped trading fees, volume metrics count for shite at cryptsy!
I'd call that allowing deceit to take place at least.

Piston Honda

legendary

Activity: 2730

Merit: 1068

Juicin' crypto

Quote from: Danslip on October 06, 2015, 08:09:20 AM

Quote from: 24hralttrade on October 05, 2015, 08:52:33 AM

For now it seems to be a fake article from coinfire, I have been asking cryptsy helpdesk and support about this but they all say it is BS.

We need to wait for a announcement from Big Vern for more detailed information.

Sorry to scare you guys, Can't be safe enough.

Cheers

The only thing cryptsy can be faulted for is adding the shittest of the shit coins because of btc bribes.

haha true

Bluestreet

legendary

Activity: 988

Merit: 1000

Quote from: ?? on ??

I would trust coinfire before I trusted cryptsy, coinfire has been right about all the GAW Scam, and considering from email leaks that cryptsy was possible in bed with josh Garza, wouldn't surprise me to see they are u der investigation for all that

This is why I prefer bittrex. I asked cryptsy to add Guldencoin at the time which was far better then coins they were adding. The coins they were adding ended up being pumps and dumps. I am not saying they were in on scams with certain coin creators but the fact they didn't add Gulden which is a independent team that isn't in bed with crypto cartels raised suspicions about the exchange for me.

Danslip

hero member

Activity: 2058

Merit: 538

Leading Crypto Sports Betting & Casino Platform

Quote from: 24hralttrade on October 05, 2015, 08:52:33 AM

For now it seems to be a fake article from coinfire, I have been asking cryptsy helpdesk and support about this but they all say it is BS.

We need to wait for a announcement from Big Vern for more detailed information.

Sorry to scare you guys, Can't be safe enough.

Cheers

The only thing cryptsy can be faulted for is adding the shittest of the shit coins because of btc bribes.

Lovethecoins

hero member

Activity: 658

Merit: 500

Quote from: Kayahoga on October 05, 2015, 08:11:36 PM

Once again, the issues with Cryptsy remind us that we shouldn't leave large amounts of coins on any exchange. The safest practice is to get coins, put them on an exchange, buy / sell as needed and transfer the results off.

I admittedly have become too relaxed on this and the recent Cryptsy news has renewed my desire to become rigorous in maintaining the security of my coins.

Yeah if you aren't trading there is no reason you should trust any exchange with your funds, we have seen funds go missing time and time again in this space

Kayahoga

full member

Activity: 146

Merit: 100

Once again, the issues with Cryptsy remind us that we shouldn't leave large amounts of coins on any exchange. The safest practice is to get coins, put them on an exchange, buy / sell as needed and transfer the results off.

I admittedly have become too relaxed on this and the recent Cryptsy news has renewed my desire to become rigorous in maintaining the security of my coins.

24hralttrade

hero member

Activity: 756

Merit: 500

Community Liaison,How can i help you?

Quote from: ?? on ??

What's currently going on with the DigiSpeed wallet release?

More information about this very soon!

24hralttrade

hero member

Activity: 756

Merit: 500

Community Liaison,How can i help you?

Quote from: ?? on ??

Quote from: 24hralttrade on October 05, 2015, 08:52:33 AM

For now it seems to be a fake article from coinfire, I have been asking cryptsy helpdesk and support about this but they all say it is BS.

We need to wait for a announcement from Big Vern for more detailed information.

Sorry to scare you guys, Can't be safe enough.

Cheers

Yeah. Better safe than sorry. Never fully trusted Cryptsy. If the allegations turn out to be true many altcoins will suffer under it. Luckily we still have Bittrex as a second bastion and in the future (hopefully) DigiPay.

Excuse me guys, Sorry Undecided

http://blog.cryptsy.com/post/130547612142/re-coinfire

24hralttrade

hero member

Activity: 756

Merit: 500

Community Liaison,How can i help you?

For now it seems to be a fake article from coinfire, I have been asking cryptsy helpdesk and support about this but they all say it is BS.

We need to wait for a announcement from Big Vern for more detailed information.

Sorry to scare you guys, Can't be safe enough.

Cheers

Meeren

newbie

Activity: 28

Merit: 0

Quote from: 24hralttrade on October 05, 2015, 06:26:32 AM

Please take your coins of cryptsy, We do not have any further information about this investigation but becareful!

http://coinfire.io/2015/10/04/federal-investigations-of-cryptsy-underway/

DONE, thanks for the tip

Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 752. (Read 3058816 times)