Manipulation of cryptocurrency exchanges. - page 9.

Dodoymabs

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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.

It happens maybe because they want their investment exchanges to survive. This is how I see it and I think price manipulation is part the system which makes them some profits. Well, as long as you know this kind tricks then maybe you should be more careful about it.

z21770179

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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.

I have been seeing, you can upload houbi's exchange, there are a few altcoin that have increased more than 10 times since the last few months. They started to have many pump shots since the BTC recovered strongly

Caladonian

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Quote from: CryptoTech_ on July 04, 2019, 08:14:03 PM

I rarely find price manipulation, but once I saw it in small exchanges and new tokens, price manipulation was done by developers so that traders were interested in buying but I don't think that would last long

There's manipulation indeed, bot inside the exchange play the role and attract new investors it should be well understood that investment
with crypto needs to be research not to fall with this kind of act, reasons behind this can help the token/coin to have additional investors
those who can take the risk to follow the market from this project can take advantage while those who are not taking time to investigate
will have a higher risk of being caught and be trapped inside.

pageraji

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Manipulation will continue to occur if there is a bet on the exchange about one coin fluctuation, a clear example is bitmex, short and long on bitmex has a lot of influence on the movement of bitcoin especially if the market is stable or not high volume.

CryptoTech_

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Official Street Team member

I rarely find price manipulation, but once I saw it in small exchanges and new tokens, price manipulation was done by developers so that traders were interested in buying but I don't think that would last long

axel2078

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This is actually not a new thing in this space anymore and indeed it is really disheartening for this space owing to the way it tends to go mainstream. Most exchanges if not all manipulates volume for their own personal gain, which is to convince users or investors that they have what it takes while in reality it is fake. I think it is time CoinMarketCap sets rules to cumb this bad trend before it gets out of hand.

TimeTeller

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Quote from: rdewilde on July 04, 2019, 06:44:42 PM

Many exchanges manipulate volume etc so as to attract more users. While most exchanges are perfect in doing this others aren't; that is, in most exchanges you will see how bot influence price thereby making trading almost difficult.
After having a bitter experience with a certian exchange, I tend to overlook what is displayed on CMC and thus visiting the exchange in particular to be sure there is a good level of trading activities before sending any coin.

This is quite true to most of the crypto exchanges even if they are the top ones in their field.
Actually, it is not only the exchange itself but the project owners of that coin.
To portray that their coin is doing well in the trading aspect, they will place long list of their buy/sell orders to make their coin look dynamic in trading.
But you will see their true color after couple of months or more of trading because they already got tired of doing the same cycle over and over again.

seleme

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Duelbits.com

It is not easy to find a transparent exchange that clearly shares all data publicly. Binance also chooses what to share with the community and what not. Manipulation is another way of making money for these exchanges. Crypto exchanges should be regulated for preventing such problems.

rdewilde

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Many exchanges manipulate volume etc so as to attract more users. While most exchanges are perfect in doing this others aren't; that is, in most exchanges you will see how bot influence price thereby making trading almost difficult.
After having a bitter experience with a certian exchange, I tend to overlook what is displayed on CMC and thus visiting the exchange in particular to be sure there is a good level of trading activities before sending any coin.

kawetsriyanto

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duelbits.com

If it is about the price, it can be. But the fact by manipulation is probably about the trading volume and activities. Some exchanges may use the fake trading volume in order to attract more investors or traders to use the exchange. Normally, it may not be a bad idea. But, of course, we must be more careful whether their most trading volume is fake or not. And about the price, sometimes, the team of the exchange probably have chance to manipulate it. Well, who knows exactly.

frost_wind

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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.

Every time I enter exchange and see how orders are executed, I think that this is all the work of robots that work in accordance with the algorithm that is programmed in them. I am also convinced that on most crypto exchanges trading volumes are fake and they simply hold us up for fools

romanij

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I know for sure that each exchange fakes trading volumes in order to attract as many traders as possible. There is no exchange that could boast of its correctness.

r_delossa

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I have absolutely no doubts that almost all exchanges are manipulating the prices, because it is great for business. For example they pump an altcoin price and people are depositing those tokens that they have bought for a cheaper price. As soon as, their tokens landing on this exchange, the price goes down to normal.

AgentZero23

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I have been trading quite a while and I notice in some exchanges they do have quite in common and it's wash trading. And you could tell there is a price manipulation when in the trade section showed sell and buy price are not in the buy or sell order. Some exchanges are using bots to manipulate the price and if you want to take advantage and hoping to make a profit. You need to analyze the chart and the price on when to pump and dump.

klaaas

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Quote from: Thanasis on July 04, 2019, 11:50:52 AM

but they are not manipulating the price even if there is an exchange doing it won't affet other exchange to be honest because when the marketcap value is high it cannot be manipulated.

Sure they can. We cant look into the backend so it can be manipulated if the team behind the exchange really wants. Beside the price a exchange earns on the amount of trades.

Hueristic

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Doomed to see the future and unable to prevent it

Polineix manipulated clams to rip off the insurance fund then they took all the stolen ?Monero and dumped it so I'd stay outta that exchange. Its owned by GodmanBallsacks which is nothing but institutional money trying to destroy the scene.

bluesnup

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Take a look at the biggest exchanges and DEX. It's just a bunch of fake volume to attract people and why would they stop it if it works.

Visit any exchange with a trade history and you will see crazy numbers and the same crazy deposits, just in, out and repeat. Real exchanges that don't participate in this like Switchdex.ag proceeds to get ignored by the community because of the lack of volume, yet they will go to a "big" dex and have their order stand there for more than a day without buyers.

ahmed04

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It's probably happening. But we can't know for sure. Since exchanges keep this information secret) Let's wait for the dismissed employees. So they then reveal to us all the secrets of the exchanges)

Tigerw

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Everybody already knows that each exchange has its own community and its own secret groups of cryptocurrency users, which can carry out certain manipulations with those Or other cryptocurrencies. This has long been your opinion of professional people on the forum and in other media. Therefore, it makes no sense to object to the existence of such a problem.

adzino

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www.Crypto.Games: Multiple coins, multiple games

Yeah, it does happen happen a lot especially on most of the shitty exchanges. They create fake volume of transactions to make them seem. Again, you will see those unknown tokens with huge volume of trade to manipulate the price. That manipulation is done mainly by the coins support or the creator themselves to increase both the price and trade volume of the coin.

Topic: Manipulation of cryptocurrency exchanges. - page 9. (Read 1709 times)