Unfortunately, there are such, decentralization is the main thing that we have in the crypto market.
Now we have a situation similar to the banking system, when we ourselves transfer our funds into the hands of a third party, an intermediary, on whom we rely on integrity.
But this is just a business, and as in the case of banks, also in the case of exchanges, if everyone abruptly starts withdrawing their funds, withdrawing them from the exchange, this can cause a collapse of the exchange if it does not have enough liquidity. Who knows how the exchange manages our funds when we bring them to the exchange.
But alas, there is little that can be done now, traders cannot refuse large exchanges because the analogues of the center of Lysed exchanges do not provide sufficient functionality and liquidity.
Topic: The crypto hell: the exchangers manipulation. - page 2. (Read 769 times)
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?.
It is a reality that whales can really manipulate the cryptocurrency market. Thats why there are shitcoins that keep pumping because of the huge portfolios of the whales have. 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?.
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?.
No problem my friend, i use binance and huobi exchange alot because they are fair and transparent, if i notice any shady thing about them then i will stop using them, the truth about decentralized exchanges is they lack volumes and good liquidity 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 of trading volume is indeed a mistake that has not recently occurred. The real purpose I also do not really understand because there are many possibilities such as, want to raise the prestige of the exchange, want to ride the prestige of a coin, or may want to cheat someone. Whatever the reason, I think this is a mistake that should not be done.
It's an unethical practice which is used by so many mid and low level exchanges and the real reason behind this would be to show fake volume of a particular coin and sometimes they just try to increase the price of a particular coin by doing this due to some sort of agreement between the developer of coins and the exchange. Also they want to attract users by showing fake high volume which is just a bot trading and now they are losing their user base because of these cheap tactics.
Manipulation of trading volume is indeed a mistake that has not recently occurred. The real purpose I also do not really understand because there are many possibilities such as, want to raise the prestige of the exchange, want to ride the prestige of a coin, or may want to cheat someone. Whatever the reason, I think this is a mistake that should not be done.
Im joined project a month month ago and the dev do this manipulation. The price is raising but no buy order. Before they do this not much investor interested with this project but after people know the price raising at cmc they joined group. I think manipulation also they use for marketing strategy.
Not all exchanges do such manipulations, so many exchanges have their original volumes and really crowded markets. I've seen a new market where there is a trading event and I follow it.
The market is quiet but strangely the transactions continue to run I think they planted an automated trading bot in order to lure traders to trade.
But I am sure, surely people will choose a large market and have a good volume for them to trade.
The market is quiet but strangely the transactions continue to run I think they planted an automated trading bot in order to lure traders to trade.
But I am sure, surely people will choose a large market and have a good volume for them to trade.
Manipulation of trading volume is indeed a mistake that has not recently occurred. The real purpose I also do not really understand because there are many possibilities such as, want to raise the prestige of the exchange, want to ride the prestige of a coin, or may want to cheat someone. Whatever the reason, I think this is a mistake that should not be done.
Im joined project a month month ago and the dev do this manipulation. The price is raising but no buy order. Before they do this not much investor interested with this project but after people know the price raising at cmc they joined group. I think manipulation also they use for marketing strategy.And very clearly the goal is a marketing strategy, the dev want to show everyone that the project/token/altcoin is legit but in the end when we have bought it in that the market, we are fooled by their wits. full of manipulation, fake volume, fake order wall. it happened on some market exchange.
I think if all the exchanges manipulate like that it has become a very terrible thing because it can provide losses for many traders who make exchanges at the exchange place, hopefully what you think is not happening at the exchange so that it can make the exchange stay safe and comfortable when trading.
Manipulation of trading volume is indeed a mistake that has not recently occurred. The real purpose I also do not really understand because there are many possibilities such as, want to raise the prestige of the exchange, want to ride the prestige of a coin, or may want to cheat someone. Whatever the reason, I think this is a mistake that should not be done.
This is not a mistake. A mistake sounds unintentional and is done without any ulterior motive. What is happening with the exchanges right now is outright cheating. The trading volume is very important in the exchanges' reputation because it is the foremost consideration that is being looked into by crypto traders as well as the projects that want their coins to get listed. There are many reasons why an exchange with the highest volume is treated as the top exchange. And many are cheating in this competition.
Yes, that's what I meant by 'cheating'. Thank you for correcting it. But I think 'mistake' also includes negative actions that are done intentionally as well and finally known by others.
This fraud makes the world of crypto considered unstable, pump & dump, manipulative, etc. Though exchangers are a vital part of the exchange between crypto or crypto with FIAT. Hopefully, this can be reduced in the future.
Im joined project a month month ago and the dev do this manipulation. The price is raising but no buy order. Before they do this not much investor interested with this project but after people know the price raising at cmc they joined group. I think manipulation also they use for marketing strategy.
The deception was clearly seen. Stay away from such coins or you will be eaten by them. Manipulation of trading volume is indeed a mistake that has not recently occurred. The real purpose I also do not really understand because there are many possibilities such as, want to raise the prestige of the exchange, want to ride the prestige of a coin, or may want to cheat someone. Whatever the reason, I think this is a mistake that should not be done.
Im joined project a month month ago and the dev do this manipulation. The price is raising but no buy order. Before they do this not much investor interested with this project but after people know the price raising at cmc they joined group. I think manipulation also they use for marketing strategy. Speaking about ghost trading, I heard https://p2pb2b.io/ did this before but they were using another coin. What happened to them? they rolled back the transaction before the users bought the coin and refund his money(they will make some sort of bullshit as an excuse). Some of them might do this, but all of them? I do not believe they dare to do that.
Not all traders are a fool, they know how to check exchange cold wallet and hot wallet. And calculating whether they have a sufficient number of coin or not, if they find out the exchange does not have a sufficient coin in their wallet. They report it to the exchange local government.
You mention the right one. Im ever trying to do kyc at p2pb2b but always failed and i dont know what exactly the reason. And i have some token already listed there but no buy order. I think so many market have fake volume and cmc still cant filter this case. Not all traders are a fool, they know how to check exchange cold wallet and hot wallet. And calculating whether they have a sufficient number of coin or not, if they find out the exchange does not have a sufficient coin in their wallet. They report it to the exchange local government.
Manipulation of trading volume is indeed a mistake that has not recently occurred. The real purpose I also do not really understand because there are many possibilities such as, want to raise the prestige of the exchange, want to ride the prestige of a coin, or may want to cheat someone. Whatever the reason, I think this is a mistake that should not be done.
This is not a mistake. A mistake sounds unintentional and is done without any ulterior motive. What is happening with the exchanges right now is outright cheating. The trading volume is very important in the exchanges' reputation because it is the foremost consideration that is being looked into by crypto traders as well as the projects that want their coins to get listed. There are many reasons why an exchange with the highest volume is treated as the top exchange. And many are cheating in this competition.
It is a common thing about volume trading manipulation by some exchanges to attract traders or potential users of the exchange.
However, this can be one of the ways these exchanges survive. I am sure that as long as this does not cause us much harm, it certainly won't matter.
The problem is that when various manipulations make a loss and deceive us as users, making us lose too much and lose money.
It will put the exchange in vain, if investors got disappointed with how the manipulations being executed trust will be compromise and many investors and traders will move away from that exchange. It's important not to deceive traders who's using the exchange since they are the very life of the business. That's why doing DYOR is very important. However, this can be one of the ways these exchanges survive. I am sure that as long as this does not cause us much harm, it certainly won't matter.
The problem is that when various manipulations make a loss and deceive us as users, making us lose too much and lose money.
Exchange manipulations won't succeed if traders knows how to deal with this type of market situations.
Manipulation of trading volume is indeed a mistake that has not recently occurred. The real purpose I also do not really understand because there are many possibilities such as, want to raise the prestige of the exchange, want to ride the prestige of a coin, or may want to cheat someone. Whatever the reason, I think this is a mistake that should not be done.
The exchange manipulation is not new for me, a lot of recognition from some of the founders of exchanges did this in secret.
By creating a fake volume that ultimately makes investors fooled, this will be very detrimental to the users of the exhanges.
Because many people are greedy to take advantage of investor confidence. So from that there is a DEX platform to overcome
this problem.Or it could also be of us more careful in choosing exchanges, look for exchanges that have been proven to be trustworthy.
And don't play too much in new exchanges, because new exchanges are more vulnerable in this regard.
By creating a fake volume that ultimately makes investors fooled, this will be very detrimental to the users of the exhanges.
Because many people are greedy to take advantage of investor confidence. So from that there is a DEX platform to overcome
this problem.Or it could also be of us more careful in choosing exchanges, look for exchanges that have been proven to be trustworthy.
And don't play too much in new exchanges, because new exchanges are more vulnerable in this regard.
Indeed. Everything is about money, and because every exchange wanted to be at top, they will do everything to make it happen, so having a fake volume, manipulating things is normal now, they will do hype as long as they can. Let's just choose the perfect exchange that we think fits for our preference.
You can manipulate the volume but if they manipulate the price of each coin .exchange should be charge by the law The exchange must be held and responsible for the incident of faking the price of a coin.
No one can really monitor the cex exchange manipulations. Unless you are part of the dev or team that runs the exchange. Many people already know how these exchangers operate and those pump and dump prices are clearly can be made if those exchange pull out one. Like the hacked in exchange, for exampls binance very suspicious right? That's why this market will be flagged as "wash market" very volatile and unfortunately not due to real market valuation but manipulation.
It is a common thing about volume trading manipulation by some exchanges to attract traders or potential users of the exchange.
However, this can be one of the ways these exchanges survive. I am sure that as long as this does not cause us much harm, it certainly won't matter.
The problem is that when various manipulations make a loss and deceive us as users, making us lose too much and lose money.
However, this can be one of the ways these exchanges survive. I am sure that as long as this does not cause us much harm, it certainly won't matter.
The problem is that when various manipulations make a loss and deceive us as users, making us lose too much and lose money.
The exchange manipulation is not new for me, a lot of recognition from some of the founders of exchanges did this in secret.
By creating a fake volume that ultimately makes investors fooled, this will be very detrimental to the users of the exhanges.
Because many people are greedy to take advantage of investor confidence. So from that there is a DEX platform to overcome
this problem.Or it could also be of us more careful in choosing exchanges, look for exchanges that have been proven to be trustworthy.
And don't play too much in new exchanges, because new exchanges are more vulnerable in this regard.
By creating a fake volume that ultimately makes investors fooled, this will be very detrimental to the users of the exhanges.
Because many people are greedy to take advantage of investor confidence. So from that there is a DEX platform to overcome
this problem.Or it could also be of us more careful in choosing exchanges, look for exchanges that have been proven to be trustworthy.
And don't play too much in new exchanges, because new exchanges are more vulnerable in this regard.
Indeed. Everything is about money, and because every exchange wanted to be at top, they will do everything to make it happen, so having a fake volume, manipulating things is normal now, they will do hype as long as they can. Let's just choose the perfect exchange that we think fits for our preference.
The exchange manipulation is not new for me, a lot of recognition from some of the founders of exchanges did this in secret.
By creating a fake volume that ultimately makes investors fooled, this will be very detrimental to the users of the exhanges.
Because many people are greedy to take advantage of investor confidence. So from that there is a DEX platform to overcome
this problem.Or it could also be of us more careful in choosing exchanges, look for exchanges that have been proven to be trustworthy.
And don't play too much in new exchanges, because new exchanges are more vulnerable in this regard.
By creating a fake volume that ultimately makes investors fooled, this will be very detrimental to the users of the exhanges.
Because many people are greedy to take advantage of investor confidence. So from that there is a DEX platform to overcome
this problem.Or it could also be of us more careful in choosing exchanges, look for exchanges that have been proven to be trustworthy.
And don't play too much in new exchanges, because new exchanges are more vulnerable in this regard.
it is too greedy and cunning, in my opinion it should not be in a large exchange because it can be very painful for investors and traders, I as an investor, trader and bounty hunter, very sorry with such an exchange attitude, in my opinion it is a sneaky thing
It's not far to happen even in a big exchange , like what OP was said if greediness comes up there's no way for any investors or traders to know whatthe exchange plans in the next following days. They can do this kind of act and sucked all the profits that they can have while playing safe under their business umbrellas.
It's needs to have more awareness and careful analyze every exchange that you'll going to use. Having good reviews and check opinions from users will give you good insight to avoid making mistakes from using the right place to trade your assets.
Jump to: