Manipulation of cryptocurrency exchanges. - page 4.

jostorres

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Quote from: Lawrenzoo on July 07, 2019, 11:43:44 PM

Quote from: mattadc on July 07, 2019, 02:31:05 PM

Now they are manipulating not only the exchanges, but the entire market, manipulating people with the help of news that are published on the Internet

I know of news manipulation, but i have not heard of exchange manipulation

Well, shits do happen in cryptocurrency world, and many people with their many strategies in creating things that will make them earn money, I have heard of price manipulation in exchanges too, but I don’t know exactly how it works or plays out, and their motive behind manipulating price.

If it was for volume, that is understandable, it is mostly done by exchanges who are new to the market, and would want to do everything possible to attract people to them, and for the news manipulation, that one is the major tool used by whales to pump the price of a particular coin, but these type of pump usually does not last, because in the end, people would have no use for the project product, which will make the value not to be sustained and eventually dumped, if not dumped first by the whale himself.

Adriano2010

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I think there is manipulation on some exchanges and somehow it might affect the market when people buy from that exchanges, but if people check most exchanges then there should know how much is the price and not buy at manipulated price.

2Kool4Skewl

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I believe that exchanges can manipulate cryptocurrency. Only because of the great competition in this area. Because of this, it turns out that those who offer conditions are better for those and more supporters and, accordingly, investments.

eidoscore

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Quote from: JCviggen on July 09, 2019, 12:20:08 PM

80 percent of the exchanges have not real volumes. not just a few, but a majority. By creating non-existing volumes, they want to attract new traders to their platforms.

just know few crypto exchanger are manipulating their volume trade, because exchanger need manipulate the vollume for gain new user and used their exchange and increased transaction in exchanger

AbdullahTheLover

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Quote from: icekohl on July 09, 2019, 11:33:45 AM

Quote from: 4rzun4 on July 04, 2019, 06:52:24 AM

After looking at a lot of crypto exchanges, have you ever thought about price manipulation in exchange? Have you ever experienced or seen it. Share your experiences and I want to hear a whisper from you. Thank you.

Manipulate and bot, almost every existing exchanges has. Because they hold a large amount of BTC and tokens, they can do whatever they want.
The experience I once had was when using Kucoin, every time I placed an order, the bot would automatically place an order before my order. It constantly repeated when I adjusted the price. That makes me use the market order.

Not sure if that's true, bet there's a more interesting thing to draw attention to. Found a video showing some messenger application with exchanging ethers in a chat with something like a chatbot – https://www.youtube.com/watch?v=Vtzit4xBGi0. Are there any analogs among crypto projects so far?

Pecunia non olet

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There are some gossips that Binance is buying back tokens that were previously listed on Binance launchpad to pump the price up and get more investors in next project on launchpad. Wink

bitcoinst

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If you talk about price manipulations, I have not seen this as often as volume manipulation.
However, I occasionally met with the strange behavior of the exchanges, when at the time of the pump of an coin, the large exchange unexpectedly left for unplanned technical work.

Lanatsa

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Quote from: 4rzun4 on July 04, 2019, 06:52:24 AM

After looking at a lot of crypto exchanges, have you ever thought about price manipulation in exchange? Have you ever experienced or seen it. Share your experiences and I want to hear a whisper from you. Thank you.

Manipulation is possible specially to these exchanges which is really prone on such thing.We have seen about wash trading of Exchangers where it does mean they are faking out volume for attracting new traders or investors to use up the the platform.You can spot it out if your dealing with bots.

Dexion

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Quote from: JCviggen on July 10, 2019, 11:04:44 AM

Oh yeah. about 0.8 BTC was frozen on my account while I was trying to withdraw my money from the exchange BiteBTC. I think they are pumping some coins on their exchange so that people start deposit money to them

beware of exchanges that move abnormally like that. sometimes there really is the value of coins that are so far from those circulating in other exchanges. of course it makes people interested in trading there because of the huge profits, but if it has happened as you have, what can we do?

JCviggen

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Quote from: omone1 on July 10, 2019, 11:00:27 AM

Some exchanges do fake price to lure traders and get them hook in their exchange, Bitebtc a notorious scamming exchange is well known for this deadly act and afterward freeze users account for a manufactured violation of their policy which is a blatant falsehood.

Oh yeah. about 0.8 BTC was frozen on my account while I was trying to withdraw my money from the exchange BiteBTC. I think they are pumping some coins on their exchange so that people start deposit money to them

r32godzilla

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Yeah, the biggest exchanges according coinmarketcap website with pretty high fake volume are well known for manipulation and other shady behavior.

omone1

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Some exchanges do fake price to lure traders and get them hook in their exchange, Bitebtc a notorious scamming exchange is well known for this deadly act and afterward freeze users account for a manufactured violation of their policy which is a blatant falsehood.

shimbark123

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Quote from: Shallow on July 09, 2019, 04:06:23 PM

I have seen and experienced it first hand. Within that exchange it was terrible, because I saw a good volume via CMC and on getting to the exchange it was bots at work. Also, most exchange manipulate their volume for the sake of attracting more users, but this is wrong totally and not worthy of a space like this crypto space. This issue of manipulation needs to be tackled.

Well, are you trusting CMC until now? With these kinds of manipulation? Are you still trusting cmc?

Shallow

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I have seen and experienced it first hand. Within that exchange it was terrible, because I saw a good volume via CMC and on getting to the exchange it was bots at work. Also, most exchange manipulate their volume for the sake of attracting more users, but this is wrong totally and not worthy of a space like this crypto space. This issue of manipulation needs to be tackled.

icekohl

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Quote from: 4rzun4 on July 04, 2019, 06:52:24 AM

After looking at a lot of crypto exchanges, have you ever thought about price manipulation in exchange? Have you ever experienced or seen it. Share your experiences and I want to hear a whisper from you. Thank you.

Manipulate and bot, almost every existing exchanges has. Because they hold a large amount of BTC and tokens, they can do whatever they want.
The experience I once had was when using Kucoin, every time I placed an order, the bot would automatically place an order before my order. It constantly repeated when I adjusted the price. That makes me use the market order.

elcoblast

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Quote from: bitcoinst on July 09, 2019, 01:27:14 PM

If you talk about price manipulations, I have not seen this as often as volume manipulation.
However, I occasionally met with the strange behavior of the exchanges, when at the time of the pump of an coin, the large exchange unexpectedly left for unplanned technical work.

read news about coinmarketcap warned few exchange beause they don't give real data about trade volume and exhange liquidty.
many exchange are manipulate exchange data like i said

lohladex

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Most exchanges nowadays manipulate trades which is very unethical and disappointing . I have hard similar experience in 2 different concurrency exchange. Most of these exchanges doesnt have much liquidity. They manipulate their trading volume to attract traders which is very deceitful .I have learnt my lessons and sticking on 2 exchanges which Binance and Coinex.

South Park

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Quote from: swiftbits on July 09, 2019, 12:34:41 AM

I haven’t experienced anything like that, but I suspect that they do it to gain more profit just like anyone else in trading, they might do it in a manipulative way but surely most of popular exchange site use strategic power to avoid losing their legitimacy and assets.

You have experimented it but you did not notice, the manipulation of an exchange volume is felt when you try to sell your coins in an exchange and there are no buyers for hours and you wonder why when there is such a huge volume, the reason is not that you set an unrealistic price, it is just that most of that volume is fake and no one is there to buy your coins, then you get desperate and try to sell them for an even lower price and finally you get what you want but now the exchange can do some arbitrage and sell your coins for a more expensive price and multiply their profits even further at your expense.

shimbark123

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Quote from: 4rzun4 on July 04, 2019, 06:52:24 AM

After looking at a lot of crypto exchanges, have you ever thought about price manipulation in exchange? Have you ever experienced or seen it. Share your experiences and I want to hear a whisper from you. Thank you.

What do you mean whisper? Manipulation on volumes, prices are being done by exchanges. There's no questioning for that. They are actually paying some sites to fake the volume of their coin for investors to invest on their platform such as CMC.

Also, I would like to add the manipulation of whales. Whales are very dangerous in cryptocurrency. Many new investors fell into whales trap. I don't know how it works but this includes manipulation of prices.

JCviggen

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Quote from: eidoscore on July 09, 2019, 11:58:37 AM

Quote from: swiftbits on July 09, 2019, 12:34:41 AM

I haven’t experienced anything like that, but I suspect that they do it to gain more profit just like anyone else in trading, they might do it in a manipulative way but surely most of popular exchange site use strategic power to avoid losing their legitimacy and assets.

many exchanger are manipulated their trade volume and liquidity, that's why few month ago coinmarketcap warn few exchange to give real data for stored in coinmarketcap and few exchange do this manipulation

80 percent of the exchanges have not real volumes. not just a few, but a majority. By creating non-existing volumes, they want to attract new traders to their platforms.

Topic: Manipulation of cryptocurrency exchanges. - page 4. (Read 1709 times)