Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] (QTUM) - A Scalable PoS Smart Contract Platform - MainNet Complete!
by
lobat999
on 12/03/2019, 06:16:59 UTC
Quote from: cool4y on March 11, 2019, 08:08:53 PM
Quote from: muleroaa on March 10, 2019, 10:52:23 PM
Quote from: IPVPIRL on March 10, 2019, 07:53:54 PM
Quote from: lobat999 on March 10, 2019, 10:51:00 AM
Quote from: ukloon on March 07, 2019, 07:04:03 PM
QTUM has a high volume on binance so that should be an indicator that that there will be a nice pump during the next bull run. The prices now are good for anyone with some spare dollars to invest

Its amazing to see QTUM's total 24 hour volume even surpassed its total market cap as per Coinmarketcap data - https://coinmarketcap.com/currencies/qtum/#charts . Such a healthy trading activity! Smiley


What is healthy about this outrageous fake volume? Check the exchanges that provide this volume please. All unknown and shady. This coin has double it's market cap traded in one day. Of course these exchanges provide fake trading volume for most of the coins they offer for trading, I just happened to be watching Qtum today. Each of these exchanges is displaying more volume than Coinbase, Binance Bitfinex and Kraken combined. So funny how this market will eventually collapse with all this crap.

Yeah, nothing healthy about it. It is strange though that it is mainly only QTUM showing this behavior. Very strange  Shocked


Surely, this is not a good impression for the general public. I don't see any point anyone involved from the team to be responsible for this manipulation. My best guess is that the exchanges are overdoing the wash trading.

As stated before, we cannot directly say its trading is manipulated unless proven otherwise but looking at its markets and pairings my hint is that it could be possible that day traders are into it or maybe bots have a hand in this???. There might also be a high degree of arbitrage that can be profited for. Imho.