Correction:
*** RE: Greatly Increased Price & Volume in CENT/XPM @ Cryptsy ***
--------------------------------------------------------------------------------
Maybe it would be kind of the OP to change the Subject to the above
so that others wont maybe freak out. The OP's subject title:
"Re: Suspicious activity at CENT/XPM market on cryptsy"
OP your phrasing got myself to take a peak at this since I am currently
signed on at Cryptsy.
CENT/XPM has had over a Trillion coins purchased TODAY.
Okay.
Someone likes it.
It's quickly moving up in price on Strong Volume.
That large price gain is simply due to not much market depth since
most for sale is priced higher than current spot pricing. But there is
nothing suspicious about that. Nothing at all.
So the price will soar if anyone cares to purchase larger amounts.
By the same token though the price may or may not hold up at the
resulting last traded price (new spot price).
None of this "suspicious". Just routine speculation and interest
in one of over 100 different crypto-currencies.
"suspicious" - not a good connotation for what is occurring when strong interest
takes place. That would related to 'insider trading', 'insider dumping', and other
things not well received. But massive purchases just simply means someone is
thinking it's hot, or they have their own plans to promote it, or whatever.
"suspicious" - denotes something nefarious, not just strong price increase on strong
demand along with heavy volume.
OP, nice tip, but seriously consider rephrasing your subject title so others might
not freak out when they come across this. I wasted time on this just so many others
that start threads can realize that it's not cool to be misleading.
I seriously doubt the OP meant to be misleading, just saying. Please take no offense.
example Subject (revision):
*** RE: Greatly Increased Price & Volume in CENT/XPM @ Cryptsy ***
or for less razzle and dazzle...
RE: Greatly Increased Price & Volume in CENT/XPM @ Cryptsy
=======================================
Just something to consider...
Caveat emptor - let the buyer beware!
Topic: Suspicious activity at CENT/XPM market on cryptsy (Read 939 times)
What do you people think, is this a setup for a pump? I see nobody talking about it and theres slowly been eaten away 10:s of bitcoins from the walls and it has risen from 1 satoshi to almost 3 now (wall almost gone). I invested some bitcoins just to be sure 
Jump to: