The crypto hell: the exchangers manipulation.

wheelz1200

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Quote from: wheelz1200 on November 01, 2019, 07:54:43 AM

Quote from: FaucetKING on September 30, 2019, 06:42:35 AM

Hello there fellas,
I'm going to discuss something that keeps making me nervous. I'm that kind of a person who likes the decentralization, the privacy, the freedom and the equality in the financial world. It comes to my mind that these exchangers might someday be selfish, crypto is getting worthy and it will bring the eyes of the greedy peoples. Imagine that these exchangers grabs the trust of the peoples and then they start manipulating the market. The total volume in the exchangers is not stabe and peoples will never withdraw all their funds. Let's say that the amount of the holdings that an exchange have is 1000 btc, they could easily create sell walls of 1500 btc and peoples will buy because they trust these exchangers. What will happen then? Imagine that all the exchangers do this, what's your thoughts on this fact?.

I got a little heads up for you, it already is happening. Unfortunately in crypto you still have to expect the worst but hope for the best. This I would imagine would be more prevalent where there is little to no arbitrage availability with a coin. So if one exchange has exclusively secured all the volume of a coin I would recommend to stay away because greed usually wins out and its bound to be manipulated

Well there is a very little number of exchange which gives real value ,real volume, most of them are fake, so better to seek advice from experts which exchange gives a real liquidity to the users as trading not is not good to trade at. Binance is one of example of trading with really good volume.

I wouldn't buy something based on volume anyway. I was talking merely in the sense that if one exchange has all the volume or only listing of a coin I would stay away
It's too easy to manipulate. Now if there are 10 different exchanges than It would be slightly harder (still obviously possible) to manipulate a coin because arbitrage exists and would stop any manipulated pump or dump

nomenclatur

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Quote from: FaucetKING on September 30, 2019, 06:42:35 AM

Hello there fellas,
I'm going to discuss something that keeps making me nervous. I'm that kind of a person who likes the decentralization, the privacy, the freedom and the equality in the financial world. It comes to my mind that these exchangers might someday be selfish, crypto is getting worthy and it will bring the eyes of the greedy peoples. Imagine that these exchangers grabs the trust of the peoples and then they start manipulating the market. The total volume in the exchangers is not stabe and peoples will never withdraw all their funds. Let's say that the amount of the holdings that an exchange have is 1000 btc, they could easily create sell walls of 1500 btc and peoples will buy because they trust these exchangers. What will happen then? Imagine that all the exchangers do this, what's your thoughts on this fact?.

the exchange has conducted a fake exchange volume to increase their volume. This is a game to fool trader. I prefer local exchange indodax famous example in Indonesia and has a good reputation and has a real volume you can choose a local exchange in your country, which you can trust.

mirgo1791

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as exchangers work on customs of decentralized with the blockchain system the reference of transaction might be available on records and offering option as trader to manage with the deeper on measure to returns with decision as expending funds on authorization.

kanayaTabitha

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Quote from: GrayFullbuster on November 01, 2019, 06:58:59 AM

Quote from: kram31 on September 30, 2019, 04:50:30 PM

Nothing new, its been so many years and the market is being manipulated sometime.
Manipulation is a normal thing in every stokck or exchange.
If you are smart enough you can ride, if you have a weak mind then you will left alone

Like what you said, manipulation is normal in all types of market. Every market have a big player who have huge amount of money. They posses power that can influence the price of a certain coin or stock.

If we can follow the game of whales we can survive in this current market condition. Just one thing that we must to held, don't panic when market movement surprise us. If the market move more than 10% in just an hour, it must be a group of people doing mass selling or mass buying.
So, don't get tricked and don't be FOMO, we must confirmed and browse about the news about the coin before we buy them, or we should wait for a correction to check if it's a sudden pump from whales or not.

laskybok

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Although, there will be continuous advocation and campaign against manipulations on exchange, but i am in doubt if it will be totally eradicated. The reason is that, there is yet no regulation against such, except in they are operating in locations where they are bound by regulation.

ReiMomo

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There is possible because usually crypto exchangers now are all centralized and easy to manipulate by the owner. But I guess those exchangers that have a shady activity will most likely doing this. Probably those well know exchange site will not ruin their reputation on this shitty work. We can easily spot those making manipulation on their own exchange site. If we were afraid this just holds for the long term and don't trade.

Bananington

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Quote from: FaucetKING on September 30, 2019, 06:42:35 AM

Hello there fellas,
I'm going to discuss something that keeps making me nervous. I'm that kind of a person who likes the decentralization, the privacy, the freedom and the equality in the financial world. It comes to my mind that these exchangers might someday be selfish, crypto is getting worthy and it will bring the eyes of the greedy peoples. Imagine that these exchangers grabs the trust of the peoples and then they start manipulating the market. The total volume in the exchangers is not stabe and peoples will never withdraw all their funds. Let's say that the amount of the holdings that an exchange have is 1000 btc, they could easily create sell walls of 1500 btc and peoples will buy because they trust these exchangers. What will happen then? Imagine that all the exchangers do this, what's your thoughts on this fact?.

Manipulation has been a big issue in crypto trading, so much power and trust has been given to centralized exchanges indirectly, hence you are right that someday they might do something outrageous of that sort (even though setting up a sell wall of say 1500BTC when traders' funds are 1000BTC is a hyperbole per say). If everyone can decide to choose DEX over CEX, volume will pick up with DEX and hence liquidity will be achieved added to security of DEX.

maxreish

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While I am just hearing those volume manipulators, fake volume, etc, those exchanges who are doing that are those who do not have reputations to be take care of. Unlike those old, trusted and established exchanges. I don't think they can do that in exchange of losing a good reputation, they are dedicated and honest to gain more users.

On the other hand, this statement from this website that shows reports and write those not so known cryoto exchanges that manipulated the volumes to acquire some btc.

miklesm

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I do not think this occasion might happen with top cryptocurrency Exchange, it is only possible for small ones in case many people make withdrawal requests at the same time. If you afraid of such situation, you would better hold your funds on your own wallet.

Katashi

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Yes its possible for the exchange to do price manipulation because they hold a huge amount of crypto but it will be very dangerous for them since they are following some regulations so if people found out and expose them with proof then they might be put on jail especially those popular exchange which i think that only scam or fake exchange will have the guts to do this.

stephanirain

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Quote from: FaucetKING on September 30, 2019, 06:42:35 AM

Hello there fellas,
I'm going to discuss something that keeps making me nervous. I'm that kind of a person who likes the decentralization, the privacy, the freedom and the equality in the financial world. It comes to my mind that these exchangers might someday be selfish, crypto is getting worthy and it will bring the eyes of the greedy peoples. Imagine that these exchangers grabs the trust of the peoples and then they start manipulating the market. The total volume in the exchangers is not stabe and peoples will never withdraw all their funds. Let's say that the amount of the holdings that an exchange have is 1000 btc, they could easily create sell walls of 1500 btc and peoples will buy because they trust these exchangers. What will happen then? Imagine that all the exchangers do this, what's your thoughts on this fact?.

Be wise in choosing which exchange you will use because some of them manipulate the prices to make some coins look good. Comparing the prices from different platforms help a lot to decide well. Big exchange platforms will least likely to attempt to manipulate the prices and trade volume because there are a lot of eyes and their reputation is at stake. Small and new ones however are difficult to determine or if they have hidden agenda, only experience can verify.

jootn2kx

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Quote from: FaucetKING on September 30, 2019, 06:42:35 AM

Hello there fellas,
I'm going to discuss something that keeps making me nervous. I'm that kind of a person who likes the decentralization, the privacy, the freedom and the equality in the financial world. It comes to my mind that these exchangers might someday be selfish, crypto is getting worthy and it will bring the eyes of the greedy peoples. Imagine that these exchangers grabs the trust of the peoples and then they start manipulating the market. The total volume in the exchangers is not stabe and peoples will never withdraw all their funds. Let's say that the amount of the holdings that an exchange have is 1000 btc, they could easily create sell walls of 1500 btc and peoples will buy because they trust these exchangers. What will happen then? Imagine that all the exchangers do this, what's your thoughts on this fact?.

You hardly have to wait for 'someday' to see this, I'm convinced that they are doing so already, and that they have been doing it for a long while now. Some of them got busted, others are subtle enough, but they are doing it alright.

wheelz1200

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Quote from: FaucetKING on September 30, 2019, 06:42:35 AM

Hello there fellas,
I'm going to discuss something that keeps making me nervous. I'm that kind of a person who likes the decentralization, the privacy, the freedom and the equality in the financial world. It comes to my mind that these exchangers might someday be selfish, crypto is getting worthy and it will bring the eyes of the greedy peoples. Imagine that these exchangers grabs the trust of the peoples and then they start manipulating the market. The total volume in the exchangers is not stabe and peoples will never withdraw all their funds. Let's say that the amount of the holdings that an exchange have is 1000 btc, they could easily create sell walls of 1500 btc and peoples will buy because they trust these exchangers. What will happen then? Imagine that all the exchangers do this, what's your thoughts on this fact?.

I got a little heads up for you, it already is happening. Unfortunately in crypto you still have to expect the worst but hope for the best. This I would imagine would be more prevalent where there is little to no arbitrage availability with a coin. So if one exchange has exclusively secured all the volume of a coin I would recommend to stay away because greed usually wins out and its bound to be manipulated

jcarlo

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Quote from: FaucetKING on September 30, 2019, 06:42:35 AM

Hello there fellas,
I'm going to discuss something that keeps making me nervous. I'm that kind of a person who likes the decentralization, the privacy, the freedom and the equality in the financial world. It comes to my mind that these exchangers might someday be selfish, crypto is getting worthy and it will bring the eyes of the greedy peoples. Imagine that these exchangers grabs the trust of the peoples and then they start manipulating the market. The total volume in the exchangers is not stabe and peoples will never withdraw all their funds. Let's say that the amount of the holdings that an exchange have is 1000 btc, they could easily create sell walls of 1500 btc and peoples will buy because they trust these exchangers. What will happen then? Imagine that all the exchangers do this, what's your thoughts on this fact?.

Therefore, in my opinion government regulation is needed. Price manipulation is a prohibited act in any market because it can harm consumers. In addition, with strict regulations, exchangers must guarantee the safety of customer funds and replace them in the event of theft or fraud

Pinkris128

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Quote from: FaucetKING on September 30, 2019, 06:42:35 AM

Hello there fellas,
I'm going to discuss something that keeps making me nervous. I'm that kind of a person who likes the decentralization, the privacy, the freedom and the equality in the financial world. It comes to my mind that these exchangers might someday be selfish, crypto is getting worthy and it will bring the eyes of the greedy peoples. Imagine that these exchangers grabs the trust of the peoples and then they start manipulating the market. The total volume in the exchangers is not stabe and peoples will never withdraw all their funds. Let's say that the amount of the holdings that an exchange have is 1000 btc, they could easily create sell walls of 1500 btc and peoples will buy because they trust these exchangers. What will happen then? Imagine that all the exchangers do this, what's your thoughts on this fact?.

Sure they can do this but I don't think all of them will make their hands dirty and sacrifice their reputation for it. If they try to manipulate large amount of data, some people will eventually notice and can produce bad image. Though they can also manipulate lowkey and subtle. It is possible that there are strings that they can pull but I guess they can only use it when they're desperate or if the market is too depressing or cold.

Bonwin

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I am of the opinion that exchanges that manipulate are more than those that are exhibit straightway or real trading. They have greatly outnumbered them, that you might find it hard to identify those that still make it real, although they exist.
Also, these set of exchanges that manipulate can most time be well known and today some of them have crashed. Those that still exist are only trying their best possible to remain afloat.

biddicoin

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manipulate is needed in exchange to increase its liquidity. exchange needs money from trader/ investors fee
there are many actively trading, the more money exchange get. that's why exchange must make market look sexy to do trading
to make market look sexy, exchange must do pump and dump. that look an evil, but it can't be helped

Xcode7

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Quote from: GrayFullbuster on November 01, 2019, 06:58:59 AM

Quote from: kram31 on September 30, 2019, 04:50:30 PM

Nothing new, its been so many years and the market is being manipulated sometime.
Manipulation is a normal thing in every stokck or exchange.
If you are smart enough you can ride, if you have a weak mind then you will left alone

Like what you said, manipulation is normal in all types of market. Every market have a big player who have huge amount of money. They posses power that can influence the price of a certain coin or stock.

I think more like a market monopoly, but it will be difficult to stop because they have great power and can create hype on the coins. the most important thing is you should not be affected and trapped in losses, because the hype can quickly grow and fall. so it is better to see the existing conditions

gabbie2010

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Quote from: GrayFullbuster on November 01, 2019, 06:58:59 AM

Quote from: kram31 on September 30, 2019, 04:50:30 PM

Nothing new, its been so many years and the market is being manipulated sometime.
Manipulation is a normal thing in every stokck or exchange.
If you are smart enough you can ride, if you have a weak mind then you will left alone

Like what you said, manipulation is normal in all types of market. Every market have a big player who have huge amount of money. They posses power that can influence the price of a certain coin or stock.

Some Forex brokers are also culprits in price manipulation reference forexpeacearmy.com where series of scam and manipulation are made against them I was surprise that these abnormalities is also embedded in crypto exchanges I believed this is an eye opener to newbie to research well before depositing or investing in any crypto exchange I know two or three that are very trustworthy and credible thus weak minded should be very careful.

GrayFullbuster

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Quote from: kram31 on September 30, 2019, 04:50:30 PM

Nothing new, its been so many years and the market is being manipulated sometime.
Manipulation is a normal thing in every stokck or exchange.
If you are smart enough you can ride, if you have a weak mind then you will left alone

Like what you said, manipulation is normal in all types of market. Every market have a big player who have huge amount of money. They posses power that can influence the price of a certain coin or stock.

Topic: The crypto hell: the exchangers manipulation. (Read 805 times)