Topic: Market Manipulation Or Not? - page 6. (Read 995 times)
It is definitely a pump from a certain group of people to scam some newbies. It's huge in 24 hours of course. People who participated in OKSchain bounty are definitely lucky if there has enough of the liquidity of course. But looking at the pump and the price, I doubt there are enough liquidity on this.
Without much proof it is hard to tell if a coin is being manipulated much in an exchange. However, like someone suggested, it is wise to take your time and observe the charts and trading volume of the coin for a couple of days before jumping on the train to buy
Basically this has is a case of a pure pump and likely to be fake volumes. Regardless of the ups and downs, what you see is exactly what happen to new tokens launched on exchanges at the very first times. There was a similar case that happened on Binance few days ago, SOL was listed and within few minutes of their launched the token took a sharp curve and within a few hours again the price was dumped hardly. Though, this is where am always interested on newly launched tokens, because, I usually take my profit in the first days of the launched.
Recently I saw tokens generated from the bounty project 4 months ago and it was very unexpected that the price of the OKS $ 0.0239 token increased very sharply and volume in 24 hours (+ 718.94%).
Exchange:
1. https://www.probit.com/app/exchange/OKS-BTC
2. https://vindax.com/exchange-base.html?symbol=OKS_ETH
Is this real? or just manipulation of prices in the market?
which makes me a little doubtful, because the token is listed in the shade exchange!
but if this is really real, How lucky for you to have participated in the OKSchain gift project.
Exchange:
1. https://www.probit.com/app/exchange/OKS-BTC
2. https://vindax.com/exchange-base.html?symbol=OKS_ETH
Is this real? or just manipulation of prices in the market?
which makes me a little doubtful, because the token is listed in the shade exchange!
but if this is really real, How lucky for you to have participated in the OKSchain gift project.
manipulation or not but the current price is the right time for bounty participants to sell it, too bad I don't follow the okschain bounty.
this is why I personally continue to do bounty work because we do not know what will happen in the future about the project.
what is certain is that today's prices are real.
Its volume is very low so the price can easily rise high in a short time. Never care about altcoins like this because its price will collapse quickly in the same way that it went up. I have seen a lot of shitcoin like that and it has made many greedy investors fail
I think it's the depend on the back history of buy and sell any tokens in the market.
All that does not depend on the history of buying and selling, because traders in the market have bought at a low price and sell at a high price, so it all depends on the size of the demand and sales in the market on any token. In my opinion, probit exchange has not been manipulated so far. even many who trade refer to probit. and if the price of a token rises sharply and a large volume in the market is indeed a reality if it occurs on a good exchange in reputation. not all markets are manipulations.
Probit basically does not have many investors involved so whales do not need to manipulate because there is very poor liquidity here. I don't think exchange can determine anything in this market and only Bitcoin can change the market if volatility occurs. Of course, everyone will have different thoughts when it comes to this problem, but probit is nothing in the crypto market.
I think we have too little detail to give OKS the final verdict of manipulation or not. So you guys should look at the exchange that lists OKS and judge whatever they are trusted or not. Probit and Vindax exchange is completely unknown to me so I take those increase as a grain of salt.
In my opinion, probit exchange has not been manipulated so far. even many who trade refer to probit. and if the price of a token rises sharply and a large volume in the market is indeed a reality if it occurs on a good exchange in reputation. not all markets are manipulations.
Not because there is a sudden pump, you'll already think it's manipulation, I guess it's necessary to find out the reason behind and if there is a valid reason then it's normal that the price will rise, however, I can see that there is only low volume so there's less liquidity in this project.
projects with less volume can easily be manipulated,, but it does not say it's being manipulated now.
projects with less volume can easily be manipulated,, but it does not say it's being manipulated now.
Even though you have the tokens as long it is considered manipulation you cant dump it since they are using the bots to use for trading and skipped the sell orders of those who are selling. This is completely insane, I do hope there is a punishment for using too much manipulations to these exchange. I think vindax has an active allegation due to their cheating on IEO, what more on trading. Tsk bad exchanges dont use those two not good foe traders.
I think it's the depend on the back history of buy and sell any tokens in the market.
That was an insane pump, but you don't have to ask whether there is a manipulation or not as the market itself is manipulated.
It's an opportunity to sell at this point as eventually the price will drop soon, no project can sustain a stable increase at this situation, that's my opinion.
It's an opportunity to sell at this point as eventually the price will drop soon, no project can sustain a stable increase at this situation, that's my opinion.
It is not manipulation if the price can stay stable on that position, maybe someone was buybacking the token with higher price ?
We should look for the price on other exchanges, if the price rising too, then i think it is not market manipulation.
Yes, the market does not make manipulations, because basically those who make manipulations are people who are always and are active in the market, because they also want to benefit from the prices of tokens in the market. We should look for the price on other exchanges, if the price rising too, then i think it is not market manipulation.
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I just visited the link you shared right now and as of this moment, the only volume of the coin is around 11-12 ETH.
With this low volume, a coin can easily be manipulated by those whales or a group or rich investors who wants to get profit. Sometimes the dev themselves are the ones who are pumping and dumping it. In short these are just pump and dump coins nothing more nothing less.
I'm wrong maybe but one thing is for sure, the coin is being manipulated as it is easy to pump and dump with that amount of volume right now.
With this low volume, a coin can easily be manipulated by those whales or a group or rich investors who wants to get profit. Sometimes the dev themselves are the ones who are pumping and dumping it. In short these are just pump and dump coins nothing more nothing less.
I'm wrong maybe but one thing is for sure, the coin is being manipulated as it is easy to pump and dump with that amount of volume right now.
It could be a manipulation.
Who is behind it? We don't know.
It could be some whack trader that just want to make the price go up since he bought a large amount of it.
Or it could be the company.
But, we don't have proofs to provide for facts so we can leave it as it is.
Somehow, there will be a time it will be corrected. That is if the exchange does want it to.
Who is behind it? We don't know.
It could be some whack trader that just want to make the price go up since he bought a large amount of it.
Or it could be the company.
But, we don't have proofs to provide for facts so we can leave it as it is.
Somehow, there will be a time it will be corrected. That is if the exchange does want it to.
It is not manipulation if the price can stay stable on that position, maybe someone was buybacking the token with higher price ?
We should look for the price on other exchanges, if the price rising too, then i think it is not market manipulation.
We should look for the price on other exchanges, if the price rising too, then i think it is not market manipulation.
It's coming from you that it was listed in a "shady exhange". Then there is a greater probability that the token 's performance were just manipulated by the pump and dump team. It's not even new. I mean, it was the usual scenario of the new tokens that was newly launched. It's for the purpose of convincing and to attract investors to buy their token. Well, let's see how this token will perform in the long run.
just look at the bids there.
someone wanted to buy 1 OKS for 0.0002 ETH while the real price is 0.0000006 ETH. of course it will pump that much but those who will sell will not profit.
its a manipulation of course we do see that everyday.
We don't know if that is true or not but perhaps, there is a pump and dump that will happen to that tokens because if someone has a large amount of that token, he can easily to dump the token until it reaches low price. But if the team of the project aware of that, they will hold the price so it will not decrease so deep, and they will try to push the price to back the last price. Perhaps, the manipulation really happens behind us. Probably, that is from some whales, or that is because many traders buy and sell of that token.
Manipulation become part of crypto industry, we can't prevent it. When a coin suddenly raised price or dumped price means someone behind of this and trying hard to manipulate. Most of this manipulation happen from whales and innocents traders like us loss fund by falling such as trap. Most of manipulation happen on worst and shady exchange like OP mentioned above. I will suggest don't fall on such trap if you can't afford loss, its something swing trade and it's quite risky. Better choose more trusted exchange rather than worst exchange so there will be low chances of trap.
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