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/biz/ - Business & Finance


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File: 76 KB, 1040x808, kleros.png [View same] [iqdb] [saucenao] [google]
21201662 No.21201662 [Reply] [Original]

(1), (2), (3) refer to points on the attached image.

(1) With just 70,000 PNK tokens market sold on Bitfinex, the price of Kleros will crash to 5 cents. Eg, someone with 7k USD can crash Kleros' price down by 50% on Bitfinex.

(2) Kleros volume spikes here. Beforehand it was only 30-50k volume per day. This shows clear volume manipulation. Even legit coins like Chainlink haven't had such unorganic volume spikes

(3) The volume is staying below this horizontal red line, eg, Kleros' price has been increasing every day on sub 3 mil volume. This is done by market makers manipulating the price of a Kleros

So what's going to happen here?

(1) As soon as a whale gets greedy and exits, clearly the price will be crashing down on multiple exchanges. Do not buy now, and if you already bought now is the time you should be exiting.

(2) (3) This pattern follows other PUMP & DUMP scams such as HEX which went from low 20-30k volume to 3 million volume. The Kleros & HEX team are also close. Not a good sign.

One entity is trading 3 million PNK a day to drive the prices up (on multiple wallets), so he can let you buy his bags and make massive profits selling you a coin for 5X+ its value. The trading is very inorganic.

An example of one such entity is this address: https://etherscan.io/token/0x93ed3fbe21207ec2e8f2d3c3de6e058cb73bc04d?a=0x0983e2424217e016152e2a0fb3b71d6f746e1b08

(Explained further in comments)

>> No.21201781

Say you have 1 mil PNK and 1 mil ETH

You find a low volume coin like PNK with 50k volume per day.

You simply buy up all the tokens being sold and drive up the price 2X. Then you start selling the new tokens you bought at 2X the price to yourself, keeping the price stable at 2X.

Now you get the small normie pool of 50k volume to "buy and hold" effectively buying your inflated tokens at 2X value.

You only need to sell 1/2 of your tokens to break even here, (because price is 2X) while keeping your other half

Then you do another pump to 5X, repeating the process.

Now you only need to sell 1/5th of your tokens to break even.

Eventually you're going to reach a point where you have gotten a bunch of PNK for free and pumped the price 5-10X

Now you get a bunch of 4channers, redditers, etc to buy your coin

And you dump your stacks on them

BE WARNED! KLEROS IS EXTREMELY UNSTABLE!

DO NOT INVEST NOW

SELL NOW IF YOU CAN BEFORE ITS TOO LATE!

THE WHALES ARE PLAYING YOU! JUST LOOK AT THE FACTS!

>> No.21201869

>>21201781
Thanks anon. Makes sense

>> No.21202177

Great post anon

>> No.21202273

>>21201662
fuck me i have my life savings in this shit.

>> No.21202611
File: 967 KB, 1080x2220, Screenshot_20200805-164415_Clover.jpg [View same] [iqdb] [saucenao] [google]
21202611

Peee peee poopoo peepee poopo...

Shit if its true im fucked.

>> No.21202652

Yeah I got out at 11c.

>> No.21202668

incredible work anon. just sold my stack. thanks for looking out

>> No.21202691

This coin is a classic example of a pump and dump, it's being shilled here as part of the bull run hype but it will crash very hard very soon.

>> No.21202744

>>21201662
I’m always impressed by the sleuths on this board

>> No.21202818

Holy shit thanks OP. I knew something was wrong with this coin.

>> No.21202835

Thanks anon only made my first pnk grab today knew something didn’t smell right

>> No.21202866

Bought 10k more

>> No.21202887
File: 64 KB, 1238x389, pnk exchange volumes.png [View same] [iqdb] [saucenao] [google]
21202887

>>21201662
>With just 70,000 PNK tokens market sold on Bitfinex
Bitfinex is only a small part of PNK's daily volume

>> No.21202895

>>21202691
It's only a matter of time.

>> No.21202935

Nearly all of PNK's volume is spot DEX's which have no margin, no chink algos and no manipulation lmao

>> No.21202975
File: 43 KB, 272x807, mxc-kleros.png [View same] [iqdb] [saucenao] [google]
21202975

>>21202887
Bitfinex was an example. You'll find a similar story at other exchanges too.

Someone can crash the price of PNK if they market sell 10k worth on MXC

>> No.21202991
File: 27 KB, 343x375, A4C06F64-5226-4AD7-BCC4-198D60FCFE80.jpg [View same] [iqdb] [saucenao] [google]
21202991

>>21201662
4.5/10 fud. Not the worst but certainly not the best.

I can’t blame you for wanting more time to acoomuluate pinkies

>> No.21203011

>>21202935
Manipulation here isn't caused by the exchange, it's caused by whales. A whale can easily manipulate a spot DEX price because they have a lot of money.

>> No.21203061

>>21202975
that 4.2 grand to drop the price to just above 10 cents (we're at 10.5 cents now)
what does the rest of the order book look like?

>> No.21203069

>>21201662
>bitfinex makes up a fraction of pnk
Yeah, let whatever anon sell and take a fat loss on the shit spread on that exchange Kek
You’re fucking so dumb Kys fudding faggot. How big are your bags.

>> No.21203091

>>21201662
dr;ns

>> No.21203098

>>21203061
It can't be viewed

>> No.21203152

>>21203011
no they can't lmao. The price for PNK is dictated by uniswap v1. The liquidity pool is a black hole there

>> No.21203175

>>21201662
Whoever believes this is has any effect is an absolute Mongoloid and should kill themselves. Look at % then volume then ask yourself if any anon would sell into shit liq on a small pnk exhange for that much of a loss when they could just go to uniswap and unload.

>> No.21203194

I have 150k pinkies that I am going to dump tonight. You have been warned.

>> No.21203238

>>21201662
>ID: GycelIUM
>Guys sell 'em
Oh shit

>> No.21203313

thanks guys, i just exited my stack. really gotta feel bad for the idiots who fell for this scam

>> No.21203365

Bought 100k in november at half a cent. Don’t care lol.

>> No.21203373

Dumping as we speak.

>> No.21203381

>>21203194
do it on bitfinex so we can all have a laugh

>> No.21203431
File: 25 KB, 1249x305, kleros-liq.png [View same] [iqdb] [saucenao] [google]
21203431

>>21203152
> Black hole
> 1.7 Mil liquidity

Pick one, anon. This is uniswap v1 analytics.

>> No.21203442

>>21203373
>>21203313
>>21203238
>>21203194
>>21202835
>>21202818
>>21202744
>>21202691
>>21202668
>>21202652
>>21202177
why do i smell curry?

>> No.21203464

shit he caught me i have to exit now

>> No.21203543
File: 352 KB, 1080x783, Screenshot_20200806-153249_Clover.jpg [View same] [iqdb] [saucenao] [google]
21203543

Oh well i thought PNK was going to take me out of poverty. I better hurry up and sell and buy CHAINLINK. Thanks

>> No.21203590

>>21203442
why has no one replied to me yet?
>>21203464
>>21203543
this reeks of one guy changing IP's to samefag

>> No.21203601
File: 83 KB, 750x1000, 1551538840841.jpg [View same] [iqdb] [saucenao] [google]
21203601

You stupid fucking niggers. You are the same faggots who fell for the pajeet memes back in February/March, and seriously shilled against PNK calling it a curry scam. Now that it is proven to be a useful token and increasing in price, you come here to fucking convince those of us hodling to sell so you can get in on the action. Fuck you. I bought at 0.008 and I am not selling this. I will ride this fucking thing straight in to the ground because I believe in the project. Your fucking faggot FUD will not work on me. I hate every one of you fucking niggers who come here to sow the seeds of deceit and lies.

I'm not fucking selling, no matter what gay faggotry you come up with. Eat my ass, queers.

>> No.21203684

>>21203601
pretty based ngl. whale games always happen but this is going to $4 eoy regardless

>> No.21203692

>>21201781
How do you sell coins to yourself?

>> No.21203706

>>21203601
I don’t understand what’s going on but I had my suspicions about this coin to begin with and I am staying far away. Good luck to you. I don’t know wtf is going on in this thread with IP changing(?) but I posted earlier. Again, good luck and wtf.

>> No.21203729

My gf is telling me I should sell guys. What should I do. That plus this thread is making me antsy

>> No.21203743

>>21203601
this

>>21201662
drns

>> No.21203799

>>21203590
Your an idiot. Its because you are a pajeet. Stfu and get out of here let me fud in peace

>> No.21203821

>>21203706
I'll explain quite clearly to you what is happening in this thread. The same gaggle of faggots who shit on PNK for months straight while people like me accumulated are now coming here to FUD the token because they have been proven wrong. Fuck all these fags. You seriously think some gay shit on 4chan is going to influence my financial decisions? Do you think it's going to make me panic and dump my bags? I am immune to your gayness. 2 years ago I might have succumbed to the FUD. Not now. Not ever. Get fucked. I'll buy your bags of the "pajeet scam token" while you stay poor.

>> No.21203832
File: 93 KB, 1038x408, Screenshot_20200803-234456_Samsung Internet.jpg [View same] [iqdb] [saucenao] [google]
21203832

I'm scared. Awwww awww i think I'm going to sell before i lost it all

Scared AWWWWWW

market selling now.

>> No.21203865

>>21203799
>Stfu and get out of here let me fud in peace
lol so you admit it then

>> No.21203879

>>21203832
>this is the guy who sold link at 30c

>> No.21203904

>>21203832
>before i lost it all
god these memes write themselves

>> No.21203914

>>21203821
>>21203832
>>21203729
And here i was thinking i was gonna get some fucking sleep tonight. Thanks for this OP, I get to stay up for the next 24 hours waiting to see some shit so i can hit sell. Fuck yourself OP.

>> No.21203936

>>21203832
you own decentraland. do us all a favor and kill yourself.

>> No.21203954

>>21203692
You use multiple wallets or exchange accounts

Say exchanges to make it easier to explain

Account A/B start with 100 ETH

Account A buys 100 ETH worth of Kleros

This boosts the price of Kleros up significantly

Account A then puts up a sell wall at the new Kleros price and shills it on boards

Account B buys Kleros from Account A (on exchange) to boost exchange and make it seem like Kleros is getting hot

This tricks people into buying the Kleros account A bought

The process is repeated

It's a classic pump and dump scam

And it's done exactly the same way with multiple coins here in the past such as HEX. Exact same patterns, volume, shilling, etc

>> No.21203958
File: 129 KB, 533x533, 1596864949356.jpg [View same] [iqdb] [saucenao] [google]
21203958

>>21201662
Based.

>> No.21203963

is op bought the dip, if so congrats I guess lol

>> No.21203969

>>21203729
Wow you have a girlfriend? Have you guys had s-s-s-sex?

>> No.21203976

Don't be SCAMMERS sell before you get SCAMMED

>> No.21204008

>>21203969
No of course not. We are virgins in the eyes of Vishnu

>> No.21204020

There's a lot of bad grammar in this thread. Guess I'll just keep my PNK.

>> No.21204030

>>21203963
The price recovering is just proof that a P&D is happening.

The price got hit by a SMALL VOLUME SALE

I'm literally warning everyone here in the next few weeks this coin will crash so hard it's not even funny.

>> No.21204051
File: 73 KB, 496x368, Ecqu1yzXYAEmL1J.png [View same] [iqdb] [saucenao] [google]
21204051

>>21204030
>no whatever happens it's proof that I'm right
Wow OK selling my PNK right now!

>> No.21204060

>>21204030
sure thing nigger

>> No.21204064

>>21204030
The price is recovering as you fudders buy the dip. Nice try, you’re not getting my bags

>> No.21204077

>>21201662
Why waste your time as a whale for a 2x when there is a 2x literally every single day on other coins?

Taking you to kleros court for posting this shit.

>> No.21204080
File: 54 KB, 667x569, fakefud.jpg [View same] [iqdb] [saucenao] [google]
21204080

literally coordinated FUD by discord groups to get more PNK.

>> No.21204088

>>21203914
Nobody knows when dump will happen (or when pump will finish).

It probably won't happen within 24 hours.

>> No.21204109
File: 83 KB, 376x423, Screen Shot 2020-03-16 at 11.57.34 PM.png [View same] [iqdb] [saucenao] [google]
21204109

>>21204030
Why are you so concerned with what I do with my money? It's always bizarre to me why anybody would be so invested in others' financials on an anonymous basket weaving forum unless they had something to gain by influencing them. Fuck you.

>> No.21204118

>>21204051
It's proof that exactly what I'm saying is happening because ONE SMALL SALE caused a 4% decrease in PNK's value

That would NEVER happen if PNK had an organic 3mil worth of volume per day

>> No.21204119

Guys ok im seriously serious right now though. These whale groups are scum sell your PNK before 11PST Merica. Or else witnesses the biggest red dildo

>> No.21204169
File: 10 KB, 195x188, found you lemoe.png [View same] [iqdb] [saucenao] [google]
21204169

>>21204080
is that the same lemoe from the Idena discord?
>checks the pic
>same name
lol
https://discord dot gg/fVwTpf

>> No.21204208

>>21204080

yes. don't trust romplin under any circumstances. he's deeply rooted in satsgang

>> No.21204221

>>21204080
Don't sell your stacks, boys. You'll be giving these discord trannies a discount if you do. The fact that they want YOUR MONEY is proof of the project's legitimacy.

>> No.21204225

>>21204169

what do you know about lemoe? i only know them from this TOK disc.

>> No.21204234

>>21204118
>11 posts by id
>>21204119
>4 posts by id
you guys really want my bags that bad?

>> No.21204248

>>21203601
Fucking based.

>> No.21204259

According to Coin Gecko Bitifinex is only 2.17% of the Volume for PNK trading. How can you take an exchange with so little volume and conclude this manipulation based off of that?

>> No.21204276

>>21204030
It’s been going up for 6 months. Literally Kys stinky indian

>> No.21204282

>>21203601
Based. I’m riding this shit until the wheels fall off. I’m already up more with this than any other investment I’ve made.

>> No.21204306

>>21204259
> literally the same for every other exchange

I posted the same thing regarding MXC above, which has the most volume for Kleros.

A few K and an actor can dump (or pump) the price by 5-10%

That isn't organic if the coin truly has 3 MIL daily volume.

+ Evidence of whales trading with themselves on etherscan (see first post)

Just looking out for my /b/ros

Sell or don't, it's up to you at the end of the day

>> No.21204309

>>21204259
Exactly my point. Fudders gotta try harder than OP.

>> No.21204332

>>21204080
>>21204169
Ok this is a massive relief. Please more proof this is shilling so i dont neck myself for losing half my net worth.

>> No.21204342
File: 515 KB, 950x600, pnk vitalik just use kleros.png [View same] [iqdb] [saucenao] [google]
21204342

>>21204225
OHHHHHH this makes perfect sense now
lemoe is a Idena discord shill
PNK recently released a "proof of human" feature
it'd make sense that Idena shills would want to FUD anything that would take away from Idena's only marketable feature

>> No.21204352

>>21204332
Literal lies

Anyone can add me on Discord if they wan't to chat. I'm not part of any Kleros or satsgang servers

Green Gang#4958

>> No.21204356

>>21204306
UNISWAP IS WHERE THE REAL VOLUME IS AT KEK. You’re referencing Bittrex with 2.17% volume and a chink exchange that is wash trading. Kys seriously fucking faggot

>> No.21204361

>>21204282
It's a project with legit talent, and it's been blessed by Vitalik. Anyone who sells their stack is a fool.

>> No.21204379

>>21204352
>I'm not part of any satsgang servers
>name is literally "green gang"
lol ok

>> No.21204384

>>21201662
Idk dont really care if its true. Moved all my mine to BUIDL at .10

>> No.21204401

>>21204379
after the meme bro https://www.youtube.com/watch?v=JEi262i8ZRQ

>> No.21204436

>>21204080
>>21204169
>>21204119
>>21204118
>>21204208
>>21204208
>>21204221
>>21204282
>>21204309
>>21204332
How do i join the fud discord?

>> No.21204453

>>21204384
>trades a legit project for a coin that’s dumping rn
nice move anon

>> No.21204463

>>21204436
Don’t know if you’re replying to me on purpose but I don’t know what you’re talking about

>> No.21204481

>>21201662
Thanks OP, sold all my pnk and am all in on buidl

>> No.21204537

>>21204453
It was at the .098 pump technically. I'm still up on BUIDL.

>> No.21204580

Ok hays time to con fess it's me I'm fudding im trying to get to a milli PNK but this shit has gone up too fast. There is a coordinated fudding war between those that have accumulated 500K to 1 million + and guys like me trying to get there you're all just casualties of war thats all nothing personal only the strongest survives.

>> No.21204600

>>21204537
If that was the case, you should’ve sold BUIDL near the peak and bought back in to Kleros

Shits been obviously going to dump for a while, all coins do before the convention

>> No.21204660

>>21204580
people will lose their hard earned money because of your scummy tactics
all so you can have a few pennies more
unironically kill yourself

>> No.21204681
File: 218 KB, 704x703, future-dirty_sprite_no_dj-htf.jpg [View same] [iqdb] [saucenao] [google]
21204681

>>21204580
FUCK THE FUD. I AM NEVER FUCKING SELLING.

>> No.21204721

>half the devs are women
>Pump and dump scam
The memes write themselves

>> No.21204745

>>21201662
quick someone take them to kleros court

>> No.21204770

>>21204600
yeah probably

>> No.21204793

>>21204080
Post a list of all the top holder roles in that discord.
A "community" discord that has roles ranked by stack size like a ponzi shill group and suddenly appears in conjunction with massive forced shilling on /biz/...

>> No.21204808

post more Aoba PNK memes please

>> No.21204856
File: 534 KB, 1600x900, pnk anime.png [View same] [iqdb] [saucenao] [google]
21204856

>>21204808

>> No.21204879
File: 316 KB, 1280x721, pnk anime 2.png [View same] [iqdb] [saucenao] [google]
21204879

>>21204808
2

>> No.21204896
File: 964 KB, 1024x731, pnk anime 3.png [View same] [iqdb] [saucenao] [google]
21204896

>>21204808
3

>> No.21204906
File: 242 KB, 451x527, pnk anime pay.png [View same] [iqdb] [saucenao] [google]
21204906

>>21204808
all i got for now

>> No.21204939

>>21204080
>>21204793
this
out these scammers into the open

>> No.21204952

>>21201662
2017 anon here, I’ve seen my share of scams and what op described is a classic pump and dump. notice none of the shills itt even tried to dispute anything written by op. I suggest those who are holding to sell asap and take profit and move it to btc for the pump to 14k next week. for others who plan on buying DONT

>> No.21204990

>>21204952
did you even read the thread retard? the fudder even admitted to fudding to buy in

>> No.21204999

>>21201662

quality thread, nice work OP and thank you for sharing the info. appreciate it.

>> No.21205035

>>21204999
oh shoot nevermind just saw the earlier posts about the FUD discord

>> No.21205058

>>21205035
kek
>>21204999
wasted trips

>> No.21205067

>>21204990
bro that wasn’t op

>> No.21205081

>>21204990
what are u talking about?

>> No.21205086

>>21203590
Of course it's a fucking FUD lmao.
I'm sure 10 posts in a row saying "thanks I'm selling" is definitely organic

>> No.21205094

>>21204990
>>21205067
top kek this just shows you the type of people falling for these types of coin

>> No.21205100
File: 209 KB, 750x1334, CA3B1B81-872E-4F33-BD6C-9315488A0F00.png [View same] [iqdb] [saucenao] [google]
21205100

>>21201662
>50k volume per day
Get fucked and stay poor.

>> No.21205135

>>21205100
way to take things out of context retard

it used to be 50k volume per day until it violently pumped to 3 mil, classic PUMP phase

read my full post

>> No.21205179

So if this whole thing is a pump and dump scam, does it by definition mean that the company itself is a bullshit farce?
Forgive me I'm new and retarded.

>> No.21205181

>>21205100
I swear to god you retards don’t deserve this thread, can you eve read? it USED to be 50k before the pump manipulation started

>> No.21205207

Literal non sewage having beach shitting thread
If you don't own PNK you will regret it

>> No.21205233

>>21205179
no, the allegation is that someone is exploiting the market to manipulate the price at a profit to themselves. has nothing to do with the legitimacy of the project itself.

>> No.21205244
File: 177 KB, 1200x1166, 463E1B28-AC62-4E6B-B1CE-B36F94ADAF5B.jpg [View same] [iqdb] [saucenao] [google]
21205244

>> No.21205330

>>21205179
It has fuck all to do with how trustable the team or product is. It’s whales doing whale shit. The same thing happens with most crypto’s. The people FUDing PNK with these threads are 1) whales wanting to drive the price down and buy more or 2) faggots without pnk wanting to drive the price down and buy some

>> No.21205389
File: 10 KB, 251x242, 15389955253935.jpg [View same] [iqdb] [saucenao] [google]
21205389

>faggots trying to FUD because they can't even afford to buy at $0.11

>> No.21205492

>>21205207
>>21205389
>oh shit I can’t disprove op what should I do
>I’ll just call it FUD
the absolute state of pnk holders, I’ll remind you when it drops back to 0.5

>> No.21205568

>>21205492
>drops back to 0.5
even FUDers admit it'll go to 50 cents

>> No.21205707

Hello, is this thread where I'm supposed to FUD Kleros?

sell pnk now you regret is go to dump 5 cents very very soon is occurring a market manipulation.

>> No.21205736

Street shitters abound

>> No.21205867

>>21205389
This is not fud, it's a proven fact. The amount of cope in this thread is insane

>> No.21205878

>>21205867
lol
there is now cope
but you will rope

>> No.21205946

Kleros PNK is not a scam. You can google Kleros and see that there are actual intelligent people behind this. It has real world applications, even Vitalik likes it and tweets about it. Don't listen to these FUDS, do your own research.

>> No.21205968

>>21205946
Kleros has smart people behind it, but whales are P&Ding it. Not related.

>> No.21205973

0x0983e2424217e016152e2a0fb3b71d6f746e1b08
So this is the whale thats been doing the market manip according to OP, is there any way to defend against it other than selling? lol

>> No.21206140

>>21201662
Oh, some absolutely TOP TIER BULLISH FUD?

BRB buying another 500k.