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> a lot of the big gains for a particular coin are made before coinbase authorizes that coin interesting observation. it seems to be the case for binance as we
by yrgulation 6y ago
> a lot of the big gains for a particular coin are made before coinbase authorizes that coin
interesting observation. it seems to be the case for binance as well. i see coins gaining 20-30x before or right when it gets listed. perhaps “insider” trading right before a coin listing?
As for coin curation i suppose thats as a means to filter out scams.
- aww_dang 6y agoPerhaps there is also an element of limiting competition for vested interests?
- vidarh 6y agoA lot of listing is preceded by extensive campaigns to build support to get a coin listed. It's unsurprising that this leads to prices going up. "Insider" is extremely vague here given that a lot of this will be activity surrounding the dev teams that may or may not have anything to do with the people who started the coin.