Quote from: mu_enrico on September 30, 2019, 03:37:57 AM

It's a very biased list, probably paid advertisement since I see CoinTiger is there. Honestly, there I found the stupidest wash trading bot of all time (based on my experience). The trading was so active but won't touch even one satoshi spread from the real human market maker. Seriously, the bot activities were so obvious.

I think @roycilik need to tell his story about trading on CoinTiger Grin

What even is CointTiger? I looked at the site for a bit, and it looks like some developer got drunk and made it in 8 hours. It's definelty not something that would be a top crypto exchange, probably just washed volume.

Quote from: joniboini on September 30, 2019, 04:43:36 AM

It's a manipulation. BW, for example, do an IEO program where almost every IEO get at least 10x return. I don't know where their funds come from but pretty sure they'll sell their allocation to the market after they finished their pump.

Binance is doing that too. Take a look at the charts, and you'll see lots of IEO has a big green candle for the first 1-2 days and star to flatten and die out later.

That's crazy. I expected that to happen for a couple of the new chinese exchanges, but I never knew Binance was doing dodgy things like that.

I'm pretty sure they keep something like 60-70 percent of the funds raised from the IEO and use it to fund the buybacks they do after the IEO ends (which nets investors guaranteed profits).