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Topic: TRX being dumped daily by a Market Maker! (Read 377 times)

hero member
Activity: 1260
Merit: 524
April 05, 2018, 08:10:11 AM
#30
After the testnet launch the market corrected and today i am seeing that the price have jumped above 50% and now trading in 30% profit. So what is the reason dont know but it is same like someone from insider is trading and fluctuating the price to keep the movement in TRX price.
sr. member
Activity: 546
Merit: 250
tron has just been supervolatile and superrisky to trade with https://www.coingecko.com/en/price_charts/tron/usd
hero member
Activity: 1638
Merit: 518
well
i continue watching about OP say
and i think he just sell with small amount.
market still stable until now.

full member
Activity: 280
Merit: 122
There is no doubt that TRX manipulated by someone, as we know the team hold most of the coins and Justin Sun has cashed out billions of dollars, there are still some guys plan to send money, may you lose all your money can you know how scam of trx
member
Activity: 630
Merit: 11
NEW MEDICINE:Faster, Safer, Smarter
Ummm that's a wallet with huge amount.of coins playing with the market . Maybe it has nothing specifically to do with TRON insiders and maybe it's a big whale playing the test net launch .Anyway now that the test net is launched , it's looks promising for TRON.
hero member
Activity: 1638
Merit: 518
We're up 100% in a week. I don't see the problem.

Tron is doing very well in uncertain times. I think we'll see steady growth as the project matures.

hope you are right.
because he try sell it now a piece of piece.
and maybe he will continue.
sr. member
Activity: 770
Merit: 250
Genesis Team™
We're up 100% in a week. I don't see the problem.

Tron is doing very well in uncertain times. I think we'll see steady growth as the project matures.
legendary
Activity: 2072
Merit: 1023
casinosblockchain.io
I think that many TRX holders were very upset, because they expected a good growth by March 31. I also waited a significant pump) But now I understand that this growth may not happen due to BTC down trend.
legendary
Activity: 1085
Merit: 1000
ALT Add: APfc4bykKHxYSVkvzsLdQvmiTXvTgMiCRM
is market maker real? everyone is telling that there is market maker controlling the dump and pump of TRX. analyzing the situation, 28-30 is the expected rise of TRX, after the test net, usually, a big dump will happen. otherwise, if there is no market maker, a slow increase in value is most likely to happen.
sr. member
Activity: 700
Merit: 251
I also came to know about this stuff yesterday. MM has been engaged by Tron themselves to hold the price down. Initially, this was thought to be up until the release of Main Net, but it seems that buying pressure has depleted the MM funds far sooner than Tron/Justin Sun would have anticipated.

Over the last 48 hours, TRX has broken the 0.05 barrier no less than 4 times and each time has been pushed back down. MM has spent around 120 million in the last 48 hours precisely for the reason of suppression and nothing more.

Ans I think, once the MM funds are out... There is an extremely good chance this will double at least and possibly triple. That should occur at some point in the next 4 to 8 days depending on buying pressure.
jr. member
Activity: 252
Merit: 1
Well that thing was normal especially on this game we are the small fish and the whales out there playing the market when they wants. For me don't have to worry any for TRX I really believe on this coins especially for long term hold I'll give them 2 years to implement their projects then that's the time I'll decide if I will dump my TRX or not.
full member
Activity: 966
Merit: 100
may be its called single whale,,control TRX market by a single wallet its really curious? for what purpose? it is internal strategy from dev?buying cheaper than ICO?
sr. member
Activity: 546
Merit: 250
hero member
Activity: 2660
Merit: 551
Sounds familiar. It eerie similar to the Mt. Gox trustee who keeps on offloading his coins as a result bringing the price of bitcoin to what it is right now (with few FUD to go a long as well).

But I saw other threads that TRX will be pumped as well, so I don't know we to believed to. It says that big Korean whale will be pumping that's why we are seeing a day-to-day increase as well.

But I will just get my popcorn ready and see how it goes on March 31. Not buying any on the news though. I'm not totally sold on TRX and would rather observed in the background. But thanks for the information though, it looks like it will help a lot of traders make their decision prior the the pump or dump. Goodluck everyone.
sr. member
Activity: 1400
Merit: 268
Fully Regulated Crypto Casino
I don't think it is being 'dumped by market maker'. If we look back to the end of 2017, when TRX  are insanely pumped, we will realize that the buyer and seller are pulling and pushing the price so it 'make any sense'
full member
Activity: 224
Merit: 100
I try not to trust such insider information, but I'll specifically look at whether the information is truthful. I believe in TRX perspectives.
Faith is good, but it must have a solid foundation. And the tron unfortunately has nothing yet except rumors and hopes of investors. And the last indicators say that it is more like an artificial pump of price.
member
Activity: 66
Merit: 50
Perhaps he will buy again after the release to increase demand and get the price up
newbie
Activity: 19
Merit: 0
This is old news. It is believed the market maker will run out just before the 31st of March. Many are interested in what happens when he runs out Smiley He holds several other tokens as well. Certainly not limited to Tron.
member
Activity: 110
Merit: 10
Normally I don't buy conspiracy theories, but that is a humongous wallet that's doing nothing but moving balance out lately. Good thing I only have $2 worth of TRX on Binance. When the project was first announced, I laughed at the one sentence description in Chinese on their web site, but I placed a tiny low ball limit order anyway just for the sake of diversification.
hero member
Activity: 1638
Merit: 518
well
i try to find on ethplorer. and walla
he/she is no.9 on holders of TRX token.
i just think maybe no 1 up to 8 is from exchange or trx group/foundation.
so that mean , he/she is biggest holders of individual category.
so if that true.
OP right.
the best time for got profit is before launch of testnet.
but is too reckless i mean .
i cant imagine how the price will fucking colaps if he do that.
hope just speculation.
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