Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][UFR][ICO] Upfiring | Incentivized P2P File-Sharing
by
CoinFarmer
on 10/07/2018, 19:02:46 UTC
Quote from: vegaed1 on July 08, 2018, 08:02:37 PM
Quote from: CoinFarmer on June 25, 2018, 05:29:46 PM
Quote from: vegaed1 on June 19, 2018, 10:57:21 PM
This is getting ridiculous.  Wash trading going on and the dev hasn't even spoken up about this. The dev should be able to address this with coss.io.  The top 4 spots have over 1M ufr trades now and growing. As mentioned previously these abnormal trades go on and they work in pairs because look how ranking 1 and 2 are similar in volume and they move up in ranking at the same time when they trade. Same as rankings 3 and 4.  Same with 5 and 6.  And on and on.




Rows and rows of complete manipulation in the market history.



I can reach out to COSS about this. They have stated that they will be excluding "wash trades", but in practice I'm not sure how strict they actually are about it. The trading promo rules and regulations are something the COSS team manages on their own. They have several of them taking place right now, so this wash trading issue would exist for those coins as well.

Since coss turned out to be a scam how about giving out a smaller amount to all the REAL people that were honestly trading??  

The rankings from 51-100 in order of ranking. I'm sure coss can give you the list of user names of those people so there is no errors and only the real users would no their user names in order to verify. Anyone can take a screen shot when they are logged in to their coss account like the one I did above but a screen shot of their user name to prove it's their account.

I'm sure like myself there where a lot of long term holders that spent so much time EVERYDAY trading. Since we are the ones that are supporting UFR, I think that would go a long way with the community.

The trading promo was part of our agreement for listing on COSS, but how they conduct the promos is on their team. It seems enough people have spoken out about it that they have halted doing any new promos for now (this is the first time they have no active promos on the exchange since they started doing them).

I've reached out to them about it and they are aware of the issue, but they haven't made clear any intentions to address the issue with past promos. It would be best to email them - the more people who reach out about it, the more likely it is that something is done.