You are viewing a single comment's thread from:

RE: Weekly report: How much STEEM is stored on the exchanges? - January 24, 2019

in #steem • 6 years ago

i imagine they moved to bithumb due to acceptance of shady practices @bittrex and @poloniex will freeze coins for withdrawal and deposit if they see high holders are manipulating markets

I very much doubt that considering the people who were washtrading BCH on bithumb were arrested.

6 years ago in #steem by
$0.00
    1 vote
    Reply 3
    Sort:  
  • Trending
    • [-]
     6 years ago  

    pretty sure no one was arrested for washtrading on @bithumb and when presented the evidence they denied it was happening at all.

    which was funny considering 95% of daily trading volume was happening within a few minutes around 11 am

    also in September bithumb had $350 million daily volume and by November was $11 billion over 12 times volume

    for more on this

    https://www.forbes.com/sites/johnkoetsier/2018/12/19/report-top-crypto-exchange-bithumb-faking-up-to-94-of-trading-volume-bithumb-denies-allegations/#523c135a645d

    $0.13
    • Past Payouts $0.13
    • - Author $0.10
    • - Curators $0.03
    1 vote
    Reply
    [-]
     6 years ago  

    You're right, the article I found was about upbit apparently.

    [-]
     6 years ago  

    dodgy exchanges are easily confused

    $0.00
      Reply