The chad exchange

hm ok, but hearing all of this, when the bots leave, this coin is getting dumped to the bottom right? when do you think would be a good time to drop this token?

24 hours coin lock to mine? WTF this is sus as fuck.

don't bother locking your coins, its unneccesary if you aren't trading large volumes

user I havent done the math on that but I dearly believe that exchange is going to get completely wiped once the mining ends

When I bought in the Dividend was still 1%> a day, the price is higher right now then when I got out, id advise you to get out with as much of a profit as quick as you can, which is really just basic logic

nobody
>knows
how badly the coin will get dumped

but practically everyone knows the volume is not organic, right now its the lowest ive ever seen it at 375 mil, and it used to be just 5 mil before they implemented mining
CET trading at 0.11 USDT right now is a great exit

do yourself a favor and look at trading pairs that should be popular, but for some reason arent, you will see what I mean by the volume being fake

hasnt this coin only been pumping for like a month though? shouldn't they want to run it longer?

you really think bitmain and viabtc don't have a plan for after the mining ends? Don't forget how the flippening was aborted: with Bithumb going down right at the peak. I guarantee you coinex is part of a larger plan.

they want to, obvioulsy, but will it?
Will bots stay on CoinEx even though no CET gets dropped for them or will they migrate on some other exchange who gives them a new deal?

Its like the game they let people play in studies (I participated in one) where ever 1$/1€ you give away returns 0.40ct for everyone in a group pool of 3 ppl. So if everyone gives their 10€/10$ away, everyone gains 30 * 0.4 = 12$/€, but if you give away Nothing, and only the other people give, you will get 10 + 20 * 0.4 = 18$/€, a much higher return. because statistically, you retain 1€/$ of every one that you dont give away, and lose 0.6€/4 on every single one you give away, the best play is ALWAYS to not give any money if nobody is able to punish you for it. So in a perfect world, maybe everyone would gain more money if everyone agreed to give it his all, but in this world, everyone gains the maximum if they let other people pay.

This is the same thing for the bots, they will enjoy the dividends from the coins they already have, they wont continue trading for "nothing" though. And they might sell their coins before its too late.

Yeah, I think they really dont have a plan.

coinex.com/announcement/detail?id=76

>long term dividend
>(that can technically be changed anytime)
>based on trading fees
>trading fees that were MORE than paid off by CET drops
>CET doesnt drop anymore after the mining ends though
>bots migrate to new exchange because they dont get paid for creating volume
>volume evaporates
>fees evaporate
>dividends evaporate
>CET gets dumped
>price evaporates

Once the CET is gone and out, its gone, they can only burn it to create value, but if their exchange dies so does CET, wether the volume can be regained is a huge gamble, thats what im talking about in my FUD.

yeah thats true, just like if binance dies so does BNB. i'm betting that viabtc has the will and bankroll to see this exchange to success.

binance is an exchange that has NEVER disappointed its customers

CoinEx was a literal
>who the fuck uses this
before the mining rolled out

You cant pay people to use your exchange forever, what does CoinEx actively do better than ANY other exchange except for the current financial incentive to trade there? Its a risky play to bet on the botting volume to turn into organic volume.

Don’t listen to the core cuck tards, CoinEx is the new number one exchange that they are scared shiitless of, CET will be first smart contract coin released on the bch chain in coming months, this is just the beginning as bch begins to replace the failed core project.

>CET will be first smart contract coin released on the bch chain in coming months
sauce

twitter and r/btc

this is correct

>source: my ass

Haipo Yang is ceo of ViaBTC and CoinEx he gave a speech over the weekend and offered a million CET for developers to help. Satoshi said it’s already available and doesn’t want money just the success

>volume is fake because certain pairs aren't popular

What kind of bullshit is this. Popular coins are already heavily traded on dominant exchanges, volume is winner takes all. Of course popular pairs on an unknown exchange is going to have dwindling volume, if you wanted to trade those coins you'd just use binance.

Binance is literally shit compared to CoinEx. I've been using both for a while and CoinEx is superior.

>if you wanted to trade those coins you'd just use binance.
>if you wanted to trade those coins you'd just use binance.
>if you wanted to trade those coins you'd just use binance.

If I wanted to trade zrx/btc I'd use binance.

Why exactly is this controversial?

maybe because its kind of odd for an exchange of supposedly that size to have no fucking volume for common pairs at all, maybe because it indicates theres certain pairs that are being heavily traded for CET gains and others are not traded at all?
maybe because youre directly telling me you would use binance as the standart exchange and chances are if not for CET you wouldnt even know about CoinEx?

>EOS/BTC
>$17.423
>NANO/BTC
>$21.740

Look at the pairings on Binance and see for yourself if these numbers make any sense at all.
CoinEx has like 300 Mill Volume in BTC, how can a pair like EOS/BTC have 17.5k Volume?
On Binance its $55.803.100 on the same pair, thats 3000x+ .

17k Volume is pair number 330 on binance
>$17.463
>GRS/ETH
>Groestlcoin
On CoinEx its number 31

Under 10 Million volume is after pair 29 for binance, for coinex its pair 6.
Volume on CoinEx is incredibly concentrated, nothing is used to buy any altcoins, its just circulating between existing coins, nobody
>actually
uses that exchange for anything, theres evidently nothing being bought, if thats not controversial regarding that exchange dropping 1.5B Volume over the last two weeks then I dont know what is.

dude of course bots are trading for CET gains. the exchange is brand new so they are pulling out every incentive they can to get people to use it. and it is steadily working.

You realize Binance wasn't always the top alt exchange and pretty much came out of nowhere right? Whos to say a competitor wont come by and do the same thing to binance? The whole point of the trade driven mining is to draw eyes to the exchange and get people using it. Give people a taste of the dividends and the advantages the exchange offers. Not sure why you're spending so much time in this thread anyway.

And the app is best one out there too

Attached: coinex-UI.png (2742x2248, 917K)

Earning ~0.2 BCH per day just for holding CET

Attached: Screen Shot 2018-07-17 at 14.06.17.png (2518x1056, 832K)

I apologize, I was wrong. Of course, if bots trade then humans must follow, so many people will know this exchange just by volume now, and by all the coins that are traded. I think theres over 50 user, this could totally flip binance. And just look at the app, ive literally never seen an exchange app like that before. you can buy and sell coins and make favorite pairs, wow!

since youve been holding since day 1 (it seems) you might be the only user pulling a profit when the dust settles, good job

Haven't been holding since day 1, bought my first CET maybe 2 weeks ago.

>Not sure why you're spending so much time in this thread anyway.
I want to know if anyone can crack my FUD. I want juicy dividends too user, believe it or not. I just cant find anyone making a decent arguement against what Ive posted here except "I dont believe you."

If you think that 1.5B volume loss over 2 weeks and a gain from 5 mil to 2 bil is genuine, and if you think 17.5k Volume on EOS/BTC is perfectly fine for an exchange of this size, by all means, buy more.

>pretty much day one of dividend distribution

I don't think there's any point comparing it with binance. If you go look at the historical order book and see the volume isn't being reported accurately and/or you start having orders getting filled even though you know for sure the order was on the books you'd have a case.

The exchange is owned by bitfinex so frankly you're likely right, but your methodology isn't the way to establish it.

>11 posts by this ID
Whats your obsession with coinex friend?

cet holder and doing the trade driven mining for the highest daily payouts - cmon biz bros

Attached: Screen Shot 2018-07-16 at 8.08.08 PM.png (576x262, 175K)

gimme a break with this bot volume shit man. The vast majority of volume on every exchange is bots. This is nothing new. Also considering the exchange's emphasis on BCH pairings i doubt they care much about driving volume to an EOS/BTC pair.

like 99% of eos is sitting binance because people are too retarded to figure out how to use eos and there is no ledger nano support. so no, people are not daytrading massive quantities eos on coinex

no one thinks the volume is legit. but viabtc prints money, and they want bch to succeed, so coinex isn't so much about the exchange, but rather bch pairs. that's also why they share 80% of tx fees--they are basically operating at cost to accomplish a larger goal: mass adoption of BCH

do you have a bot?

CET is jihans baby, you really think its going to fail.This has been planned and executed flawlessly.

yes

More like the scam exchange or Bitconnect part 2.

buy more CET, everything is just a coincidence, you are the only smart people making the right call, you will forever enjoy crazy dividends or the price does a 30x very soon

>somebody owns a car dealership
>just happens to sell 1/4000th of every car except for 6 of the big brands, even though its supposedly the same volume in sales
>this means that out of 4000 people that normally would buy something else, 3999 suddenly decided they want one of the big brands
>literally starts happening in these ways on multiple dealerships at the same time that offer special discounts if you buy and sell cars there
>tfw my methodology isnt a way to establish something and everything is fine, these are real customers

>were gonna force BCH on people by inflating volume through some random dividend shitcoin for 180 days
Not gonna happen

where'd you get it?

>force

Attached: brainlettttt.jpg (800x450, 41K)

website: transminerbot.com

english and works as advertised

more cet locked the bigger payout or higher the difficulty

set up account as they suggest

payout on the hour

works with coinex api

developers man the telegram chat

This is a new wave of mining so best to get in and learn the ropes as more and more exchanges will be using this

ty

Here's what they have planed after the mining is complete, dividends will continue.

don't believe the lies

Attached: cet-long-term.png (1948x1230, 328K)

Anyone trying to get the free Maybach from this promotion?

coinex.com/announcement/detail?id=80