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RE: Binance Moving to Malta - Island Nation Known for Tax Evasion and Money Laundering

in #malta7 years ago

Binance- Contests or market manipulation strategy ?? Fraudulent analysts, Case QLC
In the last two months I have noticed that the company in charge of the Binance exchange services, holds contests ... I had not paid much attention and neither importance, until the day I see that a cryptocurrency coming out of nowhere called QLC goes up 45 % of a single moment, until then I did not find anything strange ...

But then I see a lot of financial analysts on Instagram saying they made that prediction ???? Prediction based on what?

When I review the graphs and the EMA lines it is very obvious and clear that the inclusion in Binance of QLC impact on the rise and it was almost impossible to make a prediction of that rise and to add a factor of induced distortion the Binance page creates a contest of trading ...

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The creation of trading competitions in a cryptocurrency on an exchange page is the clearest thing that can be in distortion of markets and takes away enormous credibility to the page as a market instrument ...

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In terms of stock markets it would be talking about privileged information management or induce chaos, in the graph you can see that after the contest ended the currency under 15% in free fall.

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Those Instagram accounts that say that they made the prediction of the sudden rise of QLC based on graphics are liars to be respectful in the qualification ... Before many tell me that Binance is just an exchange, I remind you that it is the most important of all by number of coins and volume handled.