Post
Topic
Board Announcements (Altcoins)
Re: [ANN] (QTUM) - A Scalable PoS Smart Contract Platform - MainNet Complete!
by
Saidmod
on 14/03/2019, 15:35:52 UTC
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.

Well, a few days after and it did pump. Let's see how high it goes.
The price already soar high along with the news of quantum payment to all shops via apple pay and samsung pay from their twitter. Looks like qtum needs more awareness in the real world for them to be able to pay using this qtum tokens. Its only the beginning i wait for some more.