Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PRESALE] Skyhub Coin - Live Beyond Your Limits! | Masternodes | Exchanges
by
CaVO32
on 29/12/2018, 23:14:44 UTC
Yesterday there was a big price increase! I was just in shock. I have not seen this for a long time. Well done team!
Yes that's for sure. x2 it's amazing. I think it was artificial growth
Why do you think so? Unfortunately, I did not see the order on the exchange, but I think someone managed to sell their coins at the maximum price.

that's what you call market manipulation. if you haven't seen the orders, then more than possible they put the sell and buy them in a snap. that's a common tactic to increase their volume. in reality, they really don't have that amount of bitcoin. buy and sell of their own coin many times of the day to increase the number of trades as well as the volume.

If there is a top exchange, then there will be large volumes and the price will go up. I think it will benefit everyone.

they don't have to focus in listing in several exchanges. CE is enough at the moment. they should focus more on deploying their platform. so their coin will be in demand and that might help them increase its value in the exchanges.