Volume on exchanges, HUGE INCREASE

Front Page Forums Investors Volume on exchanges, HUGE INCREASE

This topic contains 5 replies, has 1 voice, and was last updated by  James 1 month ago.

Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • #8149 Reply

    Brandon Parks

    Has anyone noticed today’s increase in volume? Bots have been all over JSE on the LA exchange the last week but they never went to far beyond 10k volume per day. Today it reached over 1 million US dollars worth of volume. Whats going on? Is the jse team moving funds around or are we seeing a huge investor get interested?

    #8150 Reply

    Brandon Parks

    The person has bought JSE over 20 times at 5:43 EST alone for almost 200k JSE each time. They are literally purchasing 200k JSE about every 3 seconds yet the price isn’t moving at all. What is going on here?

    #8151 Reply

    Brandon Parks

    Not only is the price not moving but the sell orders arent going away when 200k JSE is being bought per 3 seconds. Surely I’m not the only one who finds this fishy right? I also find it fishy that no one has posted anything on twitter or these forums from the official team about this. You guys are only listed on 2 exchanges and you’ve gone from below 10k USD volume in 24hrs to over a million USD in volume in 24hrs and everyone is silent?

    #8152 Reply

    Brandon Parks

    Heres a copy and paste from 6:08 EST Market History on LATOKEN, like come on guys what is this? This has also been going on for the last week I’ve been watching but not for 200k JSE each (average). Before it never went over about 5,000 JSE. Normally was around 800-1,000 JSE per couple of seconds. Now its around 200k JSE purchased per 3 seconds with absolutely no change in sell orders.

    16.02 18:08:54
    0.00000034
    203320.
    0.06912880
    16.02 18:08:52
    0.00000034
    238089.
    0.08095026
    16.02 18:08:48
    0.00000034
    179513.
    0.06103442
    16.02 18:08:47
    0.00000034
    206452.
    0.07019368
    16.02 18:08:45
    0.00000034
    203458.
    0.06917572
    16.02 18:08:44
    0.00000034
    188377.
    0.06404818
    16.02 18:08:41
    0.00000034
    208513.
    0.07089442
    16.02 18:08:39
    0.00000034
    182896.
    0.06218464
    16.02 18:08:36
    0.00000034
    176179.
    0.05990086
    16.02 18:08:33
    0.00000034
    210451.
    0.07155334
    16.02 18:08:32
    0.00000034
    240174.
    0.08165916
    16.02 18:08:31
    0.00000034
    181280.
    0.0616352

    #8154 Reply

    Bill

    Don’t know why you’re interested Brandon. Didn’t you sell out of JSE some time ago? Said it was all a scam?

    And now the ad exchange is happening and there’s buying interest again.

    I’m not surprised.

    #8158 Reply

    James

    Hi it looks like “market making” is happening on the JSE/BTC pair on LATOKEN. This isn’t something the team is involved in or endorses because we see it as market manipulation and legally questionable. Historically this is why we have always had low volume on exchanges compared to similar projects but now it seems someone is trying to either inflate our volume stats or the exchanges. It isn’t even subtle, 24hr trading volume was 5 million USD yesterday at one point which is obviously fabricated. Be careful when looking at the real liquidity of projects because a lot of this goes on and we’ve been offered services numerous times and even pressured to use them. However like I said this isn’t something the team is doing or encourages in any way.

Viewing 6 posts - 1 through 6 (of 6 total)
Reply To: Volume on exchanges, HUGE INCREASE
Your information: