"Buddhist coins are lying down and earning 2, yuan!"
"Earning 13, yuan in two days is just a matter of sleeping!"
"The coin circle has almost lost my 1 million principal! ..... Dr. Beautiful Girl teaches you the correct bargain-hunting posture! "
"leek heart sutra, the necessary mentality to defeat the banker!"
......
A search for the word "Diary of Speculation" has caused a flood of tricks and cheats. At first glance, people thought they were talking about A shares. In fact, the chaos in the currency circle is not worse than the previous A-shares, and there is even the phenomenon of sitting in the village and cutting leeks.
The event of recording the door exposed the tricks of sitting in the village
On May 27th, the audio of "Voice Exposure of the First Chain True-Chain Trading in Leek Cutting" spread all over the currency circle, causing a thousand waves at one time.
According to the white paper of Initial Chain, Initial Chain is a high-performance public chain that combines POW and PBFT, which can be used in medical, insurance, games and other industries, and its issued tokens are TRUE.
from the beginning of April to may 14th, TRUE rose to 24.4 yuan at a price lower than that of 3 yuan (refer to the price of "China Bitcoin" platform).
According to media reports, the recording gate incident involved three parties. On the one hand, Dayong, the chief strategy officer and founder of the initial chain, and on the other hand, Brother Yue, a speculator who once traded in digital currency, and his technical analysts. What is revealed in the recording is that the initial chain project side uses good news to cooperate with the fund side to manipulate the price.
at 2pm on may 28th, the initial chain quickly held a press conference in media online to clarify. The initial chain team said that the recording is true, but "the recording is irrelevant and has ulterior motives".
shorthand of some recordings circulated on the Internet:
Brother Yue: What is the exit mechanism of the initial chain dealer?
dayong: one is that we will give the dealer the opportunity to receive goods at a low price and sell them at a high price; Another kind of banker will give us some funds, and when we operate to a certain price point, we will divide the profits; Another is that when the dealer pulls a certain price, we give a certain amount of money as a reward.
Dayong: We also hope to have your participation in the core node election plan that will be launched on May 11th at the latest. At that time, there will be nearly 28 million lock positions, and it is planned to issue a billion-dollar chain application points and attend the exchange. According to the number of users' Ethereum wallets, the initial chain will be distributed at 1:1, and it will also be given to public chain users, 4% will be distributed, 3% will be given to team foundations, and 3% will be given to successful candidates in the campaign node.
Brother Yue: The minimum principle of all our transactions is not to lose money, and to withdraw at least 2 times the income. In the early stage of control, you should call in about 1 million coins with guaranteed capital. If you lose 5 million in the end, you need to "level" the 5 million.
Dayong: At present, 36% of the initial chain liquidity is controlled by retail investors, and there are about tens of millions of large investors, most of whom are early investors, and they will hardly sell. During the node election plan period, prepare to lock the warehouse for 1 million to 28 million and lock it for 7 months.
Brother Yue: The trading mode of ONT and BTM is to pull back to a certain extent, and then attract some users to come in, so that the monetary cost of everyone is different in the funnel model, so that retail investors will not throw it out easily, and there will be no smashing.
Dayong: Most of the cost of the initial chain is between 4 and 8 yuan. At this stage, the selling pressure is the greatest. We have a series of measures, including airdrop, node election, main online line and so on, to suggest that you should not sell in 8 yuan.
Analyst Yue Ge Fang: This stage is just a good stage to control the market. Can you get detailed data?
Dayong: There are less than one tenth of 8 yuan's coins on the OK platform, about 2 million coins, accounting for more than 4 pieces, accounting for 7%-8%, possibly 9%.
The silly game of cutting leeks
Everyone who steps into the coin circle will not think that he is a cut leek.
"It's no exaggeration to say that 99% of the air coins in the currency circle are now. Touch your conscience first and say, do you care if these ICOs are air coins? How many nonsense white papers can circle a wave of money, isn't it that everyone is cultivated with the idea of' whether it is air money or not, anyway, there is always a catcher, catching a wave and running'? " Ms. Chen, an observer of the currency circle, lamented this.
One player said bluntly:
"We also know that virtual currency has no value, and what we learn is the probability of making money. For me, I don't understand the ICO white paper and I don't want to understand it. As long as I know that once this virtual token is listed, it can earn 5 times and 1 times, I am willing to gamble. "
As we all know, there is a flood of counterfeit coins in the currency circle. More than 9% of digital currency does not have any blockchain technology, and all the coins are issued by dealers, and pass the parcel. "Sitting in the village is the basic routine, and making money is fundamental."
From the perspective of pure speculation, retail investors in the currency circle mainly arbitrage in two ways:
The first way is to arbitrage through the premium between the futures price and the spot price. It is said that this state is crazy, and the lever sleeve is usually 5~1 times.
the second way is to move bricks, which takes advantage of the fact that the prices of the same digital currency are different in different countries' exchanges, and buys them from the lower price and sells them at the higher price. However, the threshold of this method is extremely high. First of all, it must be able to pass the exchange. In addition, there must be traders with corresponding nationalities in the target country.
"Investing in tokens is similar to the previous stock trading. All the money-makers buy low and sell high, and the small ones are all receivers." The above players stressed.
Some so-called "quantitative" investment companies have emerged for retail investors who hold a small amount of digital currency in the market. They usually sign financial management contracts with retail investors.
in profit distribution, capital preservation (the number of coins) does not guarantee the bottom income. If the annualized income is less than 5%, the team will not charge any service fee; if the income exceeds 5%, the team will charge 5% of the profit. The participation threshold is usually from 3 ETH, and the lock-up time is more than half a year. There will also be an upper limit for the total amount and the total number of people.
According to a senior coin speculator, it is easy for a coin to be doubled, quintupled, tenfold or even hundredfold due to serious official behavior. A few lucky retail investors have stepped on several points and realized financial freedom; More unfortunate people will lose their blood.
It is understood that with the proliferation of ICO projects, the price of ETH has soared, and the phenomenon that counterfeit coins are broken when they are listed has become more and more serious. In the past, it was a joint private placement of bookmakers, and they went to the exchange to cut leeks in the secondary market. After I didn't have to cut it, I cut the leek directly in the private placement wheel.
organization's rogue culture
hooligans are not terrible, but they are afraid that hooligans have culture.
According to a senior expert in the online loan industry, without market rules, the so-called "innovation" is all hooliganism, and these are all new hooligans who know technology and culture.
"Coin speculation in the secondary market on behalf of ICO is essentially a small leek, and those who really have a big appetite want to make coins and sit in the village as an exchange. These people have a greater sense of smell and wolf about money than ordinary people. " Ms. Chen said.
on may 11th, 217, digital currency plunged across the board. Some investors want to stop loss in time and open the exchange platform, only to find that the server is down and can't close the position. Some investors have prepared tens of thousands of funds to bargain-hunting, but they can only see the market plummet and cannot operate.
According to some activists,
Some trading platforms in digital currency have suffered huge losses through operations such as unplugging the Internet, abnormal trading, deleting user data and customer service problems. Defenders suspect that there is a very serious situation in which robots swipe their bills on these platforms.
At around 14: on May 12th, IOST, BTM, DTA, ONT and other currencies plummeted for a short time, with a drop of more than 5%, and then quickly pulled back, which caused a large number of leveraged trading users to explode their positions and suffered heavy losses. At this time, the price of the same currency in OKEX, Coin 'an and other exchanges did not fluctuate sharply for a short time, so the fire coins fell into the question of "fixed-point blasting and malicious explosion".
There has also been a more cruel and bloody leek-cutting routine circulating on the Internet-pulling plates and smashing plates, which uses artificially created information time difference to commit financial fraud.
The legendary pull-up process is as follows: first, the message is published in the core group, then in turn, the advanced group, the ordinary group, etc. The interval between different levels of group publishing messages is usually 6 seconds. After reaching a high position, the core Zhuang family group will first announce the news "smashing and selling"; Wait until this group of people has finished paying the money, and then tell the second group that each group is bigger than the others. When the leeks who entered the group without paying for it knew the so-called inside information, it was actually the 6 th to 7 th batch. The game was not over until the leeks found that their coins could not be sold.
this operation routine is exactly the same as the manipulation of stock prices in the stock market.
according to the relevant provisions of the securities law:
it is forbidden to manipulate the trading price of securities by taking advantage of capital and shareholding, to collude with others to agree to buy and sell each other to affect the trading price and trading volume, to buy and sell themselves to affect the trading price and trading volume, and to manipulate the trading price by using insider information or false information.
At present, the field of digital tokens is still outside the supervision of laws and regulations, so there is no corresponding legal punishment for market manipulation. Once it is regulated in the future, these behaviors will all be illegal.