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Topic: Ok Coin , Huobi and other chin exchange..they are cheating all of us. - page 4. (Read 4365 times)

hero member
Activity: 560
Merit: 500
They have the biggest mining companies there running soo all beneficts when the price goes up,because there isnt nothing new to make the currently price stand or the last pump from 300 to 400 soo ,call it profit from the mining companies,100 dollars unit sure make diferent when you mine.
Pab
legendary
Activity: 1862
Merit: 1012
So i think that chinese BTC traffic is completely false,the bitcoin that are on their sites are not real,they are present only on their systems, they do not really exist.

So all the pump of the last 2 month are fake, the price of BTC is in the hands of these scammers with no regulation.

no one says anything, perhaps because it benefits everyone this fake bull...

Chinise are  risking prisoning for any financial fraud including  btc  fraud
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
Might be driven by large capital fleeing china
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
So i think that chinese BTC traffic is completely false,the bitcoin that are on their sites are not real,they are present only on their systems, they do not really exist.

So all the pump of the last 2 month are fake, the price of BTC is in the hands of these scammers with no regulation.

no one says anything, perhaps because it benefits everyone this fake bull...

By "traffic" I'm assuming you mean trading volume. Even if the volume is false, the price is still based on buying pressure and selling pressure. If the volume is fake on the Chinese exchanges, it shouldn't matter to any other exchange, because the buyers and sellers who make up the price aren't operating there, and those exchanges have no power to fake data on any other exchange.
full member
Activity: 130
Merit: 100
Tipsters Championship www.DirectBet.eu/Competition
Yes, they are suspicious.

But price is increasing, so even if it is fake, I wouldn't complain.

If it is fake, I hope they do better than Goxand don't implode
legendary
Activity: 3332
Merit: 6809
Cashback 15%
Well I am paying an ever-increasing price for btc, so that's definitely real.

Yeah, it seems everything that comes out of China is fake.  It would not surprise me if your hypothesis were true, though it doesn't seem you have evidence for it.  It kinda reminds me of Mt. Gox right before they Goxxed.  In that case, though, the huge premium on Gox was b/c of the huge risk of trading there.  Nice, steady climb is what we need and go screw the bears.
hero member
Activity: 588
Merit: 503
Free Julian Assange
So i think that chinese BTC traffic is completely false,the bitcoin that are on their sites are not real,they are present only on their systems, they do not really exist.

So all the pump of the last 2 month are fake, the price of BTC is in the hands of these scammers with no regulation.

no one says anything, perhaps because it benefits everyone this fake bull...

How do you work this out, any proof for your serious claim's?

No proof, but with no rules or control on chi exchanges scrypt (the US and EU exchanges have rules)  it is almost impossible that they do not fake the bid/ask walls..
legendary
Activity: 1106
Merit: 1005
Oh look, a bear in denial.        

Fake volume or not, the price is rising, the amount of transactions and the amount of wallets are rising too.      

Bitcoin is growing, deal with it.     

It won't ever stop growing until a large part of the world uses it. We aren't even close to that point.
hero member
Activity: 1092
Merit: 520
So i think that chinese BTC traffic is completely false,the bitcoin that are on their sites are not real,they are present only on their systems, they do not really exist.

So all the pump of the last 2 month are fake, the price of BTC is in the hands of these scammers with no regulation.

no one says anything, perhaps because it benefits everyone this fake bull...

How do you work this out, any proof for your serious claim's?
hero member
Activity: 588
Merit: 503
Free Julian Assange
I doubt any other Bitcoin exchange is being *regulated* when it comes to their BTC trading either so if you think you really are getting "more honest figures" from other exchanges you should consider the fact that they could simply create their own trading accounts that are paying the fees to themselves and manipulate their volume just as much.

At least the Chinese exchanges "don't pretend".

Unless all the exchanges openly disclosed everyone's account details (which they wouldn't and shouldn't of course) then you can never trust their "books" to be honest (as none of them are being properly audited).



Thanks for the professional answer that you gave me,

I hope that one day this will be adjusted in some way!
legendary
Activity: 1890
Merit: 1072
Ian Knowles - CIYAM Lead Developer
I doubt any other Bitcoin exchange is being *regulated* when it comes to their BTC trading either so if you think you really are getting "more honest figures" from other exchanges you should consider the fact that they could simply create their own trading accounts that are paying the fees to themselves and manipulate their volume just as much.

At least the Chinese exchanges "don't pretend".

Unless all the exchanges openly disclosed everyone's account details (which they wouldn't and shouldn't of course) then you can never trust their "books" to be honest (as none of them are being properly audited).
legendary
Activity: 3206
Merit: 1069
well the other exchange reflect the true value anyway, even if the demand was artificially increased by their faked pump, the demand adapted to it

anyway anything that can increase the bitcoin value it's a good thing
hero member
Activity: 588
Merit: 503
Free Julian Assange
So i think that chinese BTC traffic is completely false,the bitcoin that are on their sites are not real,they are present only on their systems, they do not really exist.

So all the pump of the last 2 month are fake, the price of BTC is in the hands of these scammers with no regulation.

no one says anything, perhaps because it benefits everyone this fake bull...
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