I went allin on CPOOL | Bitcointalksearch.org

o48o

legendary

Activity: 3080

Merit: 1178

Leading Crypto Sports Betting & Casino Platform

Quote from: Loco1887 on November 17, 2024, 08:40:32 AM

Daily volumen 7,8k it's getting worse and worse. Why so many people said it could become number 3 in RWA?

t's called shilling. People shill their own bags because they want rid of them with profit, so they will exaggerate fundamentals, which i already suspected were worse then with dusk.

And honestly don't look at the volume, it's not a good indicator for interest in the crypto world. So far CEXes have got away by manipulating the volume, which is technically illegal, but it's been going on for ages. It's meaningless indicator if you lack tools to find out the real volume.

Also answer to your other question before: It doesn't even matter if devs pay for the volume or not, it's still fake volume. Some of the crypto CEX:es do it for free because it's one of the easiest ways to launder money for themselves; It doesn't cost anything to CEXes, yet they get more "legit" income from the fees that didn't exist in the first place.

Loco1887

jr. member

Activity: 250

Merit: 2

Daily volumen 7,8k it's getting worse and worse. Why so many people said it could become number 3 in RWA?

Loco1887

jr. member

Activity: 250

Merit: 2

Quote from: o48o on November 16, 2024, 01:08:29 PM

Quote from: Loco1887 on November 15, 2024, 06:39:22 PM

Quote from: o48o on November 15, 2024, 06:28:30 PM

It's even worse than that. I quickly looked at CEXes it's been traded at and all top 6 trading pairs except the one in Kraken has mostly wash trading. It didn't come as surprise as all of those sites are notorious for open wash trading.

If you don't believe me, check them out yourself. If you don't know how to do that, it's quite fast and easy: look at the orderbook walls and compare it to buys and sells, if buys and sells are happening between them, without touching the buy or sell orders, that's wash trading. I am amazed how they still aren't even hiding it better.

Also their volume often doesn't reflect the buy or sell wall sizes in sites where fake volume is the worst. If someone actually market sells or market buys in them with same or lower volume, walls can't hold them and they leave spikes to charts.

This isn't rocket science and imho everyone should know how to spot it.

What do you mean by that? Its a scam? Once again CPOOL has no movement

I literally explained everything in my sentence, so i am confused.

Is what a scam? CPOOL? I wouldn't know. What i do know is that most of the volume you referred to, is verifiably fake, so i said it was worse. I even gave you tools how to confirm it yourself, so you don't have to just trust my word.

So you need to elaborate your question. If it's about the concept wash trading, that means artificially inflated trading volume. That's not done by the devs, but the CEXes. Though it can be a service that devs are paying for while listing it.

No matter if the project itself is a scam or not, i already said that chart looks fine, so i wouldn't focus on something i couldn't confirm.

Volume is lower than ever. 1/23 of ONDO and yet they pay for that volumen?

o48o

legendary

Activity: 3080

Merit: 1178

Leading Crypto Sports Betting & Casino Platform

Quote from: Loco1887 on November 15, 2024, 06:39:22 PM

Quote from: o48o on November 15, 2024, 06:28:30 PM

It's even worse than that. I quickly looked at CEXes it's been traded at and all top 6 trading pairs except the one in Kraken has mostly wash trading. It didn't come as surprise as all of those sites are notorious for open wash trading.

If you don't believe me, check them out yourself. If you don't know how to do that, it's quite fast and easy: look at the orderbook walls and compare it to buys and sells, if buys and sells are happening between them, without touching the buy or sell orders, that's wash trading. I am amazed how they still aren't even hiding it better.

Also their volume often doesn't reflect the buy or sell wall sizes in sites where fake volume is the worst. If someone actually market sells or market buys in them with same or lower volume, walls can't hold them and they leave spikes to charts.

This isn't rocket science and imho everyone should know how to spot it.

What do you mean by that? Its a scam? Once again CPOOL has no movement

I literally explained everything in my sentence, so i am confused.

Is what a scam? CPOOL? I wouldn't know. What i do know is that most of the volume you referred to, is verifiably fake, so i said it was worse. I even gave you tools how to confirm it yourself, so you don't have to just trust my word.

So you need to elaborate your question. If it's about the concept wash trading, that means artificially inflated trading volume. That's not done by the devs, but the CEXes. Though it can be a service that devs are paying for while listing it.

No matter if the project itself is a scam or not, i already said that chart looks fine, so i wouldn't focus on something i couldn't confirm.

Loco1887

jr. member

Activity: 250

Merit: 2

Thanks for the explanation, o48o. You bring up a great point about wash trading and fake volume, especially in less reputable CEXes. It’s frustrating how common these practices are, but it really highlights the importance of doing proper research before committing to any project.

Regarding CPOOL, it seems like its volume issues could be a red flag, especially if most of the activity is artificial. I’ll definitely take a closer look at the order books and compare buy/sell walls, as you suggested. Any tips for spotting platforms or projects that are more transparent in their trading data? It seems like this kind of manipulation is getting harder to avoid, even for experienced traders.

What do other people think about this and CPOOL in General ?

Loco1887

jr. member

Activity: 250

Merit: 2

Quote from: o48o on November 15, 2024, 06:28:30 PM

Quote from: Loco1887 on November 15, 2024, 09:22:46 AM

Clearpool has just 2,14 million 24h volume. Isn't that very low for a 150m coin?

It's even worse than that. I quickly looked at CEXes it's been traded at and all top 6 trading pairs except the one in Kraken has mostly wash trading. It didn't come as surprise as all of those sites are notorious for open wash trading.

If you don't believe me, check them out yourself. If you don't know how to do that, it's quite fast and easy: look at the orderbook walls and compare it to buys and sells, if buys and sells are happening between them, without touching the buy or sell orders, that's wash trading. I am amazed how they still aren't even hiding it better.

Also their volume often doesn't reflect the buy or sell wall sizes in sites where fake volume is the worst. If someone actually market sells or market buys in them with same or lower volume, walls can't hold them and they leave spikes to charts.

This isn't rocket science and imho everyone should know how to spot it.

What do you mean by that? Its a scam? Once again CPOOL has no movement

o48o

legendary

Activity: 3080

Merit: 1178

Leading Crypto Sports Betting & Casino Platform

Quote from: Loco1887 on November 15, 2024, 09:22:46 AM

Clearpool has just 2,14 million 24h volume. Isn't that very low for a 150m coin?

It's even worse than that. I quickly looked at CEXes it's been traded at and all top 6 trading pairs except the one in Kraken has mostly wash trading. It didn't come as surprise as all of those sites are notorious for open wash trading.

If you don't believe me, check them out yourself. If you don't know how to do that, it's quite fast and easy: look at the orderbook walls and compare it to buys and sells, if buys and sells are happening between them, without touching the buy or sell orders, that's wash trading. I am amazed how they still aren't even hiding it better.

Also their volume often doesn't reflect the buy or sell wall sizes in sites where fake volume is the worst. If someone actually market sells or market buys in them with same or lower volume, walls can't hold them and they leave spikes to charts.

This isn't rocket science and imho everyone should know how to spot it.

lixer

hero member

Activity: 2688

Merit: 588

Quote from: asriloni on November 15, 2024, 04:08:16 AM

Quote from: Loco1887 on November 14, 2024, 01:45:30 PM

Probably it was a huge mistake by me thinking it will rise due to good fundamentals and hot trend (RWA). Retail money flooding the market simply doesn't know this project and therefore won't pump it until it gets well known (maybe through binance listing?)

I know. But, there's no guarantee that a token invested in by Binance Labs will be listed on Binance. If you're seeking a potential coin that will be listed on binance, then always hunt a hyped meme coin.

This picture was from my friend. He bought pnut after Elon mentioned it in a tweet. He invested $30, then mistakenly took 4x - 5x profit. He didn't realize his small investment could make him a millionaire. To gamble a small amounts of money on hyped meme token is not that bad.

He might only be new to it or he did not read the disclaimer that is put by Binance Labs (if ever there are ). He is still correct though of trusting coins with good fundaments over the useless meme coins but it is sad that good coins are sometimes not get listed on a better exchange like Binance but the useless meme coins are. It was kinda unfair. Guess this is an example of how money make the world round. The picture and story you share is still impressive.

If it was only a small amount and no expectations are attached then yeah, it is fine to gamble with the meme coins. In fact, this is also the definition of playing a gambling in the casino.

Loco1887

jr. member

Activity: 250

Merit: 2

Clearpool has just 2,14 million 24h volume. Isn't that very low for a 150m coin?

asriloni

legendary

Activity: 3038

Merit: 1024

Leading Crypto Sports Betting & Casino Platform

Quote from: Loco1887 on November 14, 2024, 01:45:30 PM

Quote from: asriloni on November 14, 2024, 01:12:07 PM

I'm not going to be negative with CPOOL, but look at the recent development of its price. It's moving so slowly, this means no demand for this token.

Also, the thing is worsening with the big token unlock still happening. This obviously puts pressure on the market.

I remind you, the market's mindset is moving now. It's focusing on the token with fair distribution, such as meme coins. No VC, no locked tokens, and no long-term dump.

If i were you, i'd be following the trend.

Probably it was a huge mistake by me thinking it will rise due to good fundamentals and hot trend (RWA). Retail money flooding the market simply doesn't know this project and therefore won't pump it until it gets well known (maybe through binance listing?)

I know. But, there's no guarantee that a token invested in by Binance Labs will be listed on Binance. If you're seeking a potential coin that will be listed on binance, then always hunt a hyped meme coin.

This picture was from my friend. He bought pnut after Elon mentioned it in a tweet. He invested $30, then mistakenly took 4x - 5x profit. He didn't realize his small investment could make him a millionaire. To gamble a small amounts of money on hyped meme token is not that bad.

Loco1887

jr. member

Activity: 250

Merit: 2

Thanks for the feedback, everyone! I’m definitely feeling the FOMO but trying to stay level-headed. The potential for a Binance listing is really what caught my eye, along with the idea that it could go 50x. But I get that there’s no guarantee here, especially with meme coins and the volatile nature of tokens tied to hype cycles.

@albion, you’re right about doing more in-depth research. Does anyone have experience with other tokens that had similar backer hype but ended up having a slow start before catching on? Or maybe thoughts on the long-term outlook for CPOOL? I’m curious if anyone has insights on similar cases that eventually turned around with a major listing.

albon

legendary

Activity: 1890

Merit: 1537

Quote from: Loco1887 on November 14, 2024, 03:11:05 PM

Ozean Launch , possible binance listing and the massive backers make me think it might go 50x but meanwhile I feel like fomo every day

Did Miles Deutscher mention that too? You should not blindly follow the recommendations or analysis of an influencer or analyst; your research will definitely lead you to your goal. Do not let FOMO affect you, as you will not be able to make the right decisions during this case.

If you are sure through your research of the quality of the project you mentioned and the possibility of listing its token on Binance, then you can risk what you can lose, it is wrong to put all your capital into one token whether CPOOL or any other coin, and you should keep in mind that meme coins are very volatile and risky despite their potential to generate profits. Therefore, your investment depends on you and not on anyone else, and the profitability of the token depends on supply and demand, as well as the attractiveness of the technology and development they offer to investors, so if you prefer to hold your invested coins for the long term, regardless of short-term fluctuations, you are the one who makes that decision.

Loco1887

jr. member

Activity: 250

Merit: 2

Ozean Launch , possible binance listing and the massive backers make me think it might go 50x but meanwhile I feel like fomo every day

Loco1887

jr. member

Activity: 250

Merit: 2

Quote from: asriloni on November 14, 2024, 01:12:07 PM

I'm not going to be negative with CPOOL, but look at the recent development of its price. It's moving so slowly, this means no demand for this token.

Also, the thing is worsening with the big token unlock still happening. This obviously puts pressure on the market.

I remind you, the market's mindset is moving now. It's focusing on the token with fair distribution, such as meme coins. No VC, no locked tokens, and no long-term dump.

If i were you, i'd be following the trend.

Probably it was a huge mistake by me thinking it will rise due to good fundamentals and hot trend (RWA). Retail money flooding the market simply doesn't know this project and therefore won't pump it until it gets well known (maybe through binance listing?)

Text

hero member

Activity: 2464

Merit: 594

Quote from: Loco1887 on November 14, 2024, 01:13:25 PM

So u think it's nothing unexpected that it hasn't run yet?

I'm just scared I invested into a dead project

It's understandable to feel a bit disappointed with its recent performance, especially after the initial hype. Yeah they have been around for a while but the crypto market is notoriously volatile, and even established projects can experience setbacks.

If you're considering shifting your investment strategy, it's important to weigh the risks and rewards carefully. Meme coins and AI tokens can offer significant upside, but they also come with higher volatility. Before making any significant changes, consider doing thorough research on the projects you're interested in.

Diversifying your portfolio can help mitigate risks. Consider investing in a mix of established cryptocurrencies like Bitcoin and Ethereum, as well as promising altcoins and DeFi projects.

Loco1887

jr. member

Activity: 250

Merit: 2

So u think it's nothing unexpected that it hasn't run yet?

I'm just scared I invested into a dead project

asriloni

legendary

Activity: 3038

Merit: 1024

Leading Crypto Sports Betting & Casino Platform

I'm not going to be negative with CPOOL, but look at the recent development of its price. It's moving so slowly, this means no demand for this token.

Also, the thing is worsening with the big token unlock still happening. This obviously puts pressure on the market.

I remind you, the market's mindset is moving now. It's focusing on the token with fair distribution, such as meme coins. No VC, no locked tokens, and no long-term dump.

If i were you, i'd be following the trend.

o48o

legendary

Activity: 3080

Merit: 1178

Leading Crypto Sports Betting & Casino Platform

Quote from: Loco1887 on November 14, 2024, 12:54:15 PM

I'm not shilling , I told you I bought it because Miles Deutscher recommended it. I'm just getting nervous because it had no positive development during last week

People who shill, rarely do their research either. They are just shilling for others to pump their bags, that they already filled. And very few people seem to understand fundamentals behind RWA, as you need to understand regional regulations as well, which is the complex field that even most developers aren't familiar with.

Dusk has way better fundamentals when it comes to true ownership of an asset, and not just synthetics trading, while their tech is also so experimental that it takes forever to develop. But least they are trying to build something new, that would actually comply with existing and upcoming regulation.

Loco1887

jr. member

Activity: 250

Merit: 2

Quote from: o48o on November 14, 2024, 12:50:09 PM

Quote from: Loco1887 on November 14, 2024, 07:06:16 AM

Any1 has info on CPOOL whether it's a good buy in terms of fundamentals ?

Going all in before finding that out yourself makes me think this thread might be just for shilling it. Waiting for the new accounts to come and praise CPOOL any time now.

Also, good fundamentals aren't pumpamentals. They don't guarantee any kind of price growth, you just buy them because you trust the product, which you for some reason haven't researched.

Chart looks good from TA perspective though, but old ~$100M market cap coins might not be the first ones to pump with the bull run, if ever.

I'm not shilling , I told you I bought it because Miles Deutscher recommended it. I'm just getting nervous because it had no positive development during last week

o48o

legendary

Activity: 3080

Merit: 1178

Leading Crypto Sports Betting & Casino Platform

Quote from: Loco1887 on November 14, 2024, 07:06:16 AM

Any1 has info on CPOOL whether it's a good buy in terms of fundamentals ?

Going all in before finding that out yourself makes me think this thread might be just for shilling it. Waiting for the new accounts to come and praise CPOOL any time now.

Also, good fundamentals aren't pumpamentals. They don't guarantee any kind of price growth, you just buy them because you trust the product, which you for some reason haven't researched.

Chart looks good from TA perspective though, but old ~$100M market cap coins might not be the first ones to pump with the bull run, if ever.

Topic: I went allin on CPOOL (Read 238 times)