Post
Topic
Board Altcoin Discussion
Re: Strange Lisk price patterns at Yobit and Bloombit
by
Ilove-Obama
on 14/04/2016, 20:50:04 UTC
Idea: Sketchy exchanges are trying to make the most money they can.


i wanted to say the same thing but the problem with this idea is that they are putting up "huge" sell walls at a very low price of 0.004 according to the picture and in comparison with yobit.

they are either stupid or have other agenda against LISK.

Looks like a Futures Market has been created in the crypto space. A dangerous development.

A question:

Can an individual buy a LISK IOU at say 1,000 sats and then sell it at 2,000 sats, making BTC profit without any LISK changing hands?

If yes, then this is a futures contract market and they are manufacturing BTC profit out of thin air!

Cheesy

LISK is NOT released yet. period.

anything that is being bought/sold is just a promise out of thin air.

these exchangers might not even have enough LISK to cover withdrawals by the time of release and when anybody would want to withdraw what they have bought so far.

We need to invest only in real coin waves, edon, eth and other