How to manipulate All Altcoins - page 2.

diegodos

sr. member

Activity: 448

Merit: 251

Quote from: barwizi on May 31, 2013, 01:50:16 AM

I decided to test a theory, looking at the data on cryptsy and coinchoose, i placed buy orders that were close to the lowest sell order. In 5 minutes nibble became the most profitable coin to mine and it's hashrate trippled in an hour. After people matched my prices it fell to 75% and now people are dumping Grin

. Now i've moved on to Worldcoin, i made an offer, someone topped me on bter and now it looks like all the hash has moved there. anyone want to work with me to profit off these mindless miners?

its all want to say : i hate crypsty.com

wiggi

sr. member

Activity: 403

Merit: 251

You place buy order, get filled, then people want to dump...
How can you possibly profit from this, by selling to the guy who topped you?

jasonslow

hero member

Activity: 574

Merit: 500

Great work, I discovered this last week.

barwizi

legendary

Activity: 882

Merit: 1000

I decided to test a theory, looking at the data on cryptsy and coinchoose, i placed buy orders that were close to the lowest sell order. In 5 minutes nibble became the most profitable coin to mine and it's hashrate trippled in an hour. After people matched my prices it fell to 75% and now people are dumping Grin

. Now i've moved on to Worldcoin, i made an offer, someone topped me on bter and now it looks like all the hash has moved there. anyone want to work with me to profit off these mindless miners?

Topic: How to manipulate All Altcoins - page 2. (Read 2291 times)