/biz/ - Business & Finance

[Anonymous No.11276736]

The beginning of the moon mission, get in here!

[Anonymous No.11276981]

based and chinkpilled
like buying BNB after binance first launched

[Anonymous No.11277003]

[Anonymous No.11277416]

>>11277003
Time for another pump?

[Anonymous No.11277425]

>>11277003
i know the feels, i got in around 6k sats, rode it to the top and am still holding. fml

[Anonymous No.11277445]

>>11277425
m-me too fren
we're gonna make it though

[Anonymous No.11277478]

>>11277445
on the plus side, i sold all my neo at 0.08 to buy this, so if i look at it from that perspective, im still up like 2.5x if i wanted to get back into neo...
but who the fuck would ever want to do that? :(

[Anonymous No.11277609]

>>11277478
could've done worse in this market, we're still way up compared to most

[Anonymous No.11277714]

BIBOX ACCUSED OF ARTIFICIALLY FORCING PRICES DOWN TO BUY LOW RIGHT AFTER BIG BUY ORDERS GO THROUGH. TRADERS GET TRAPPED CUZ OF WITHDRAWAL "PROBLEMS" WHILE THEY EXECUTE THE MANIPULATION.
TLDR: Withdraw your crypto from Bibox cuz they screw your trades.

Let’s single out the empirical evidence we gathered from retail traders at Bibox. This evidence strengthens this hypothesis. Traders report bids fill no matter what size or even price at Bibox. Orders get filled, and before you know it, the price has fallen again. Regardless of size. We know one trader who has bought over ten million coins in a typically illiquid altcoin market without so much as holding the price up for more than an hour or two, and doing so provided 80% of the entire volume for the day. Fishy indeed. This has been going on for months. Price is moved by market orders, and a buyer taking offers should move the price up. Not so at Bibox. Before you know it, the price has fallen again, and often on very small volume. If this was fair market behaviour with real sellers we would expect the selling would dwindle as soon as the price dropped low enough. But it does not. It only goes on and on and on. No serious investor sells at these prices for some of the affected coins, and everyone seems to be able to buy more anytime.

There seem to be an unlimited supply of some coins on Bibox, but how can people then withdraw their coins? They can’t. At least not all at once. What happens if they try? Bibox will halt withdrawals as they buy back coins, because they don’t have the coins available in their uncovered short position. A coin withdrawal is pending for hours, and magically after a support request is raised the coin is released within minutes, sounds familiar? It will only become more common with time, so get used to it.

[Anonymous No.11277734]

What you must do for your own safety, security and to support the market is to take your coins off Bibox as soon as possible. No matter if what we describe is the case or not, it is a good thing to do so, to ensure the exchange is in fact liquid. While it might seem fun to be able to easily buy a lot of coins on the bid, it’s a bad, bad sign of excessive selling pressure, and it’s no fun if everyone tries to withdraw and you realise you are stuck without coins and the dreaded Pending shows against your withdrawal request. Doing the buying at other exchanges leaves Bibox in a spot where they cannot sell their IOU coins because the price is increasing. If they cannot fight the bullish pressure from other exchanges they will have to buy back coins themselves as people withdraw. This will stop the practice dead and we will get a free market.

https://medium.com/@BiboxPhantom/bibox-gate-dab4cd1b5b9e

[Anonymous No.11277855]

>>11277416
Remember to DUMP when we say so, just like we did with FUN yesterday. All the info is in the discord.
> Discord: YyeYFJ

[Anonymous No.11278330]

>>11277714
>empirical evidence
kek
weak FUD