Quote from: btcprice on March 23, 2017, 05:38:46 PM

Quote from: badenglishtea on March 22, 2017, 04:33:00 PM

I think we all need to take a second to look at Poloniex.

PIVX got to where it is without any major exchange. I am calling out Poloniex because they are the largest US altcoin exchange.

Two months ago Pascal Coin has a market cap of about $80k. Suddenly (without any major news) trading volume picks up and for about two weeks, someone is buying heavy volume without shaking market.

Then like MAGIC, Poloniex lists Pascal Coin, and the market cap goes to $8MM. Does anyone really believe that a third-party was not buying on insider Poloniex knowledge of a listing?

What is it worth now? $1.7MM.

Poloniex is playing a very dirty game.
I cannot wait until they get more heavily regulated, and the SEC/IRS investigates what has been going on, and they get shut down, the class-actioned to hell.

You would think that a major exchange should list any crypto that is top 25 market cap (achieved organically).

I guess Poloniex only wants to list crypto that they can buy through a third-party prior to listing.

This makes perfect sense! I was wondering why the price was being held back with sell walls. If some whale knows it will be going on Poloniex soon they can buy this coin on Bittrex while holding the price back from spiking. This allows them to continue buying while still paying a low price!

It won't be any surprise to me when this goes on Poloniex and then the price skyrockets making the whale who bought a lot of PIVX on Bittrex a very rich person.

But what if there is more than one whale?