Topic: Why is Sharkcoin surging in trade volume? (Read 1808 times)

Not your life savings, maybe just 1%.

brb putting my life savings in "Sharkcoin"

4,45 wall is falling

Has anyone here traded on jubi?  I'm thinking about asking a chinese friend for help.

Here's a copy and paste from their site that is translate via S3 translator addon in Firefox: "Sharks currency trading rules innovation Bulletin
2015-04-16 Source: Poly currency net Author: Poly currency net

In the current digital encryption severe form of money market transactions, the poly currency net as a professional digital encryption currency trading platform, the success of the shark coins provide investors with trading services. In order to provide investors with better services, network decided to gather money sharks gather coins as currency trading rules and innovative network a first currency, referring to the mature market trading rules, particularly to make the following adjustments in order to facilitate a more effective institutional investors and professional investors trade entry.

Introduced the following trading rules since February 9, 2015:


1. Trade Time:

Monday to Sunday 9:00 am to 5:00 pm normal trading, and other times closed for national holidays, national holidays vacation time per year the State Council issued subject;


2. pending order rules:

For lodging during normal trading transactions, closed only during the reservation, withdrawal of the original Unsold pending order, can not add new pending order;


3. The transaction fees: 0.2%;


The coins into shark does not enjoy "top back 1%" campaign


With Poly currency net breakthroughs in innovation trading rules, it is possible to render the majority of investors a fair, just, open quality trading platform, adding more boost for digital encryption currency industry.


                                                                                                                                     聚币网

                                                                                                                                2015年2月7日"

The logan of Sharkcoin is to fight agaist the fraud,  reveal the rubbish altcoins, and bring comprehensive block searching service to investors for free, so the sense of justice leaves us a good impression among various altcoins.

well, i read it on coinmarketcap itself: http://coinmarketcap.com/currencies/sharkcoin/#markets
if the exchange says otherwise, than coinmarketcap should list it in the chart

Are you sure it's zero fees? It shows 0.2% fees on transactions. 

we'll see. it's worth observating anyways
here's the chart btw: http://www.jubi.com/coin/sak/

btw: coinmarketcap doesn't show coins from 0 fee exchanges
worldcoinindex does, but it's not there yet

exchange was bought by btctrade.com it seams: https://translate.google.com.br/translate?hl=pt-BR&sl=zh-CN&tl=en&u=http%3A%2F%2Fwww.jubi.com%2Fabout%2Fus.html

More than likely it is. Since the data isn't shown on the market cap and the total supply, that shows that dev(s) support isn't there. Those should be easy fixes in the block explorer and api calls from the exchange.

Well I am trying to put a negative on it.

It's a scam exchange sending scam data to coinmarketcap's automated system.

End of story, good luck, see ya tomorrow it's time to take shots celebrate and probably eat ice cream.

edit: ok, definitely eat ice cream.

motherfucken vanilla.

That's why you need a QQ account and S3 translator addon on firefox to trade there, if you don't know Chinese...lmfao

Seriously, I do have a feeling it will crash hard, especially since there is no form of world news on it. Not trying to put a negative on it, but it's just seem eventual that it will on how it trended to a huge pump in a short span of time. If there's a possible creative use for it and/or tech in the works, I'm all for it to succeed.

Oh god, now I see why you're posting here..

Come on, you should be too smart for this:

#   Source   Pair   Volume (24h)   Price   Volume (%)   Updated
1    Jubi   SAK/CNY    $ 5,053,240   $ 0.679377    100.00 %    Recently


...really now...

Jubi?

Come on, man.

Hey what's your address...

I figured I'd mail ya a shirt so at least one poor bastard doesn't have to lose theirs

Not “nobody”, I can testify to that personally but I’ll cheerfully grant you “no-one noteworthy”

As for Shark, it's been branded differently in CN, they use a different coin logo and it's been listed on CN boards for aaages. It may well be perceived locally as a less unpalatable, perhaps even safer, alternative to the recent crop of blatantly cynical evanescent offerings.

If you're interested in other altcoins that may be unfamiliar to you, see the DOACC altcoin mega-cheatsheet, temporarily hosted on Minkiz:

https://minkiz.co/doaccdoc/altcoins.svg

The DOACC github repos is https://github.com/DOACC and there's documentation/examples on https://minkiz.co/doaccdoc/


Cheers

Graham

are you looking at the chart, or the volume? it's $5000000 a day being traded

.....

Have you been in the alt section at all in the last year?

Though I do like this one, if only the next one was jetski coin.

I'd see it just above shark coin, and call it quits

the magnitude of pumping is strange....and that's why it should be observed. it's the pumpers that make a coin big. have you ever seen a pump like this on a unkown alt?

It's not strange, just being pumped to shit and now dumping on everybody who thinks they can still get a piece of this shark pie..

I just recently start mining it, until it's not profitable. If people are willing to buy it, why not cash in until it runs dry. lol

On a real note, it really doesn't have much development/tech going on and/or PR running on it. Originally it was trying to be anti-scam type of project, even though it has a 50,000 premine out of 400,000,000, IPO and a super block scam that supposedly occurred too. Just strange that it's doing that high of a volume with no public news.

there is an altcoin having (or not) 3x the volume of LTC and 6 people noticing it here. lol