Topic: don't screw with the market with fake stuff anymore: im contacting attoneys now (Read 636 times)

Okay, but my question is do you even know who is doing that? You have reported to attorneys as you said, who exactly are you pointing at that's causing the manipulation in the market? Or you're just going to report the case and then expect them to figure out those are causing the price swing up and down? Lol this must be a joke.

Before you start such report you must know who is causing it and also have the evidence to prove that they are guilty of such an accusation. I even think you're just someone that is pissed because you lost your money in a trade. You should know by now that cryptocurrency, most of them, are decentralized and they are volatile except for the ones that are stable coins and backed up by assets that pegs them 1:1 with USD.

Lmao, you better have a crazy amount of money OP.

You're going to have to hire practically every blockchain analytics firm in existence, plus subpoena every exchange, plus deanonymize every privacy coin in order to identify those behind major market manipulations (if they even exist).

Also, do you think these guys racking up tens of millions are reading your warning thread? Get real bro.

I really hope this thread is a troll, but it doesn't look like it.

spoof orders(ghost orders) = orders where the value is not of real balance from real deposits
buyers wall(whale orders) = orders where the value is real balance from real deposits

the problem i see is
1. you cant tell if its ghost or whale.
2. too many people are doing orders of only a couple $$  and so when someone has $$$$$ there are then hundreds of jealous people with only $$ crying that they cant instantly make 10x in a few hours.

if everyone was equal and had equal value it wont be a problem.
if the little guys were not so greedy hoping to multiply their pennies into thousands in an inpatiently small time it wont be a problem

if traders are getting emotional. then what they are investing is obviously too much because its causing them stress when they lose it.

i personally have a huge hoard. but i dont use it on exchanges. for one i dont wanna get emotional. so i just use small play money amounts. and also playing the whale game just dont interest me.

atleast im smart enough to only put a few % of my hoard in to play around with and when i trade i trade smart. its far better to look for 1% a day and repeat 365 times a year then it is to be greedy hoping for 10-20% a day and end up crying due to not trading smartly.

but hey. investments are never guarantee return on investments no promise of profit. so people need to learn to not just trade and think they always gonna win and should always cry when they lose, blaming others for the loss.

you never lose if you never sell at a loss.
for all traders.
when you trade. never think of how your going to spend your winnings. instead think can you afford the loses.
before hitting the order button truly ask yourself can you afford the loss... if you cant. dont trade

We all know that nothing is going to come out of this, since the OP will need to identify the person that he thinks is manipulating the markets, however we need to be honest, the whales do in fact manipulate the market as they want, for example during this recent rally I have seen a few instances of spoof orders, which are huge buy orders which are later cancelled without being fulfilled, this creates the illusion of a buyers wall and manipulates the rest of the traders to keep pushing the price higher.

That was his emotional outburst when he lost his money.

If they regulate then we wont see fake volumes and market manipulation like we used to see.

His problem was not how things are going on now but the way in which he lost money trading. My guess is that he tried his luck in bitcoin options trading and when the market reversed he lost his money.

I prefer to use only verified exchanges, wallets, and projects. Lucrative offers are a reason to be wary.

seems the OP is not wanting to file a law suit.

by him having no proof of WHO (the individual) that is doing the whale/ghost trading. heck not even having proof of if its just a whale trader or a ghost trader. makes it not even actionable.

if the SEC were regulating an exchange that is being complained about. with such lack of proof. all the SEC can do is advise the exchange to try to find a way to handle their customers better.

..
the OP seems to be complaining that a whale/ghost. is putting in alot of coins into an order to create a wall. which causes both a financial and psychological barrier for other traders to not let the price go below/above.
unless he can prove its a ghost trade (an order not backed by balance that actually backed by real deposits) then its treated as just a whale trade(richguy with backed assets)

there are no rules to stop any trader making a trade order, and deciding to cancel it before it fills.
thus nothing wrong with placing and cancelling an order before it fills.. and ethically there shouldnt be a rule.. people should be allowed to cancel an order if they change their mind
 
the main issue is not legality or illegality of the issue.. but the fact that the exchange is open to everyone, rich or poor. so yea while for every 1000 people playing with just $100-$1k.. there are a couple playing with $10k-$100k

and so ofcourse some of then poorer traders are going to get annoyed that they dont have the same 'power' of trading that the rich guy does

what people need to do is reign in their emotions. and stop treating it like poker. pretending they are gambling against another person and trying to find the best tile to deal their hand..
instead just think of a price your happy to pay. and put an order in.
if that order doesnt fill because you wanted a price thats not near the current bids and because a whale is blocking it. well then your probably greedy and impatient by wanting the price to fall/rise to hit your greedy order and it never gets their in the time you want.

so heres a trick
if you want to buy btc.. look at the current price. and if your happy with the current price. just buy it at the market rate

if your just a small player and your order pales in comparison to whales. then dont try playing the whales games of putting in orders away from the current bid hoping for it to fill asap.. .. you just wont get that order.

I hope you have tons of money, because the SEC is not the only government organization that are enforcing rules and regulations on this planet.    The price of Bitcoin is determined by a global open market of supply and demand, so it will be difficult to determine who the market manipulators are.

The SEC only have jurisdiction over US matters, so what are you going to do about the irregularities that are happening on markets in other countries? Your lawyers will first have to identify the culprits and then you have to fight them with different lawyers in international courts. 

Also remember that market manipulators have loads of money to hire expensive lawyers too, so you have an impossible task to take on these giants. 

I know how it feels when there's just too much inside you that you would like to burst them all out to make you feel comfortable. That's probably one way to soothe yourself. Well, every now and then, a lot of piss come into our lives. And the way we handle it matters most. I guess that's how you handle on that particular kind of situation. People have always different opinions so if you think it's the right thing for you to do, then go for it. Good luck buddy.

Hey OP, I applaud you for expressing your opinion, if you wanna call it that... but that's not what it was...was it? You want a scapegoat, ha, of all things.. or you wanna fix a problem in a huge industry... excellent.. go for it.. but be careful.. what if what you witnessed was say oh I dunno, the cartels in mexico, moving big funds around when it appeared to be a fundamental news piece getting some response.. they time their transfers perfectly... never know.. maybe its just good news and it appears to be market manipulation... hell maybe it is.. what are you gonna do a company in the Cyprus? You gotta be realistic... you're not gonna throw water at a chain link fence and break it down.. this is crypto!!  But hey you can try.. that's the beauty with freedom. Good luck.

I read that twice. And still....  What did you tell these people you left messages for? That bitcoin is being manipulated?

There are no laws for the crypto market as there are for traditional markets. You allowed doing things on the crypto market that would be considered illegal in a traditional market. You need to learn the law.

Btw you sound delusional. Stop sniffing your model plane glue. Don't glue them in your room or something. Those fumes are making you sound like a crazy person. And I don't mean crazy as in someone with an amazing idea that gets called crazy for dreaming. Im talking genuinely none sensical. It's very scary what goes on in some peoples minds.

your main problem is that you are new to trading and the markets (not "bitcoin" market but in general anything related to trading). and since you have no idea what to do, you have crashed and burnt. now you are trying to find someone to blame, from random users on this forum to some imaginary people who are manipulating the market preventing "only you" from doing anything in it!

it is like not knowing how to swim, then insist on swimming, after you drown you try to sue Poseidon for drowning you

HAHAHA that dude will make you apologize not only to your mother but also to the president and senate!

Hmm so this is your actual thread...

First, i really doubt the people you intend to threat with legal action are even going to read this. They probably speak Chinese anyway.

Second, your laws are not my laws. US laws are not World laws. South of Florida you have this country that happens to be the largest island in the Caribbean, they have violated US laws for more than half a century and continue to do so. I suppose you are like the owner of the expropriated American companies waiting for your American troops to act "any moment now" to recover their assets (60 years later).

Third you are getting nowhere venting your frustration here. Are you even aware of the many automated trades that are going on? You might be yelling at a computer for doing something it was programmed to do by somebody else.

So if the exchange can be used by an US citizen, they would be liable. Well i guess, that is why some exchanges discriminate US users, either forcing them to use a sister exchange, block US citizens entirely, or show them different content, in-spite of originating from the same source. Its like you are begging for them to censor some of the book transactions, so that you cannot see them and not get angry.

Are you aware that if you are scammed by, say, a Russian, there is very little you can do about it? Even if your government blocked access to those exchanges, some Americans would still find ways to evade the restrictions and use them, full knowing the risks.

The crypto space is largely unregulated worldwide, SEC can't do nothing but file your complain, hoping that, maybe someday they could somehow use it for reparation if other countries agree on common legislation. But as you should know, there are always "fiscal paradise" countries that do that precisely to attract investors and they tend to have more permissive laws, that is where those exchanges tend to register their companies.

In the meantime, you are yelling at the wind. I doubt any money you pour into legal action will ever return to you. While this is the traditional American way of doing things (sue first, settle later), it simply doesn't work that way elsewhere. For starters, the judicial system in other countries doesn't even work the way you'd expect it to. Many countries don't even have justice at all, it doesn't matter if you have the evidence and everything is in your favor, if the accused is friends to the right person, it is you who end up in prison (I'm not joking).

I know, shocking, that the world is so different when you merely cross the border, but that is a reality even YOU cannot escape from. Not even being American can help you. I know, an American was imprisoned here for 2 years on suspicion of "aiding" a political opposition protest (habeas corpus be damned)... Finally he was released and expelled, over "humanitarian" reasons, but only God knows what bribing AND diplomatic pressure had to took place for that.

Oh this reminds me, there are rumors of some governments, and high officials from some governments, being involved in crypto trading. They could be some of the whales. Can you imagine if the actual culprit of your complain is a foreign government? Good luck with suing that...

This is not a fair game, that is what you are complaining about. Unfortunately, there is little you can do, and legal threats in this forum are useless. Since you already made enough money in the past, perhaps you should now just go into holding, and let those automated traders just eat themselves. Or diversify your portfolio and invest elsewhere, where things are more regulated.

Its not fair and you might have the right to complain, but it won't do or change anything. That's the way it is.

LOL

I can buy whenever I want. I can buy because I had a bad day and I can buy because I don't like your post. I can buy because I want the market to go up and I can buy because it makes me hard. Whatever I do to the market is my business and you can stick your felony where light doesn't shine.
Go contact your attorneys and tell them that I did it. I bought some BTC on December 4. Did it mess up your shorts? I'm so sorry...  NOT. 

Screwing with the market IS the market. Didn't you say you were twelve?

No mindrust it's not.  I'm going to be honest with you.  Maybe that is a famous name or you are joking again but that is not my last name

I'm not sure you're thinking clearly.  You're trying to report me after you are obviously the one harassing me and trying to put on the "tough guy on the internet" look.  And you know...using the term "motherfucker."  Not sure how smooth that'll fly for the admins.

Ooooh you'll regret this move motherfucker. I reported you to Mr. President Trump. Sent a personal letter to his home. Signed by me.

Let's see how powerful your admins against the president of the US.

Reported me ha, I'll show you how its done.

First off, it started on Bitfinex and then went to Binance.com

Second, I'm not accusing the entire market.  Buys aren't wrong but when someone tries to harass the market everyday and people like you try to cover up that fact there is a problem.

Third:  not sure what else to say.  I don't need you to ignorant.