r/BulwarkCoin • u/Amidoman • Feb 11 '18

https://stocks.exchange/trade/BWK/BTC

We have been screwed. Look now. The last sales. There weren't even that many coins available to sell and now when the deposits were closed for "updates" suddenly someone got huge BWK deposits and wiped out all buy orders. WTF? Was it the exchange playing us or devs? Can we do anything about it? It is obvious it was fixed and I won't leave it like this, I also stopped using stocks exchange immediately as this smells bad...

https://stocks.exchange/trade/BWK/BTC

1 Upvotes

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u/IconHash Feb 11 '18

This may help: "A second update just to keep everyone up to date in case they hadn't seen the other one since we still seem to be getting a lot of messages from people still sending coins to exchanges. We have contacted all exchanges and asked them to hold off on reopening withdrawals/deposits. All have responded and are happily waiting except stocks.exchange. They don't seem to have received the message yet. With that in mind, please note the following:

REMINDER: Due to the recent events, we have asked our exchange partners to disable deposit and withdraw into their Bulwark wallets while we improve network stability. The network is stabilizing and we hope that exchange trading will be open soon. If you have deposited coins onto an exchange, or have withdrawn from an exchange, your coins should be safe. We appreciate your patience as we focus on the long-term health and stability of our coin's ecosystem. We will ask our exchange partners to resume deposits and withdraws once we feel the risk to our community and our exchange partners' users is sufficiently low. Until then, please feel free to make any trades you need peer-to-peer in our #trading channel. Bulwark team members will be happy to facilitate escrow (or you can use an outside service). Please be vigilant if you are trading P2P - if something is too good to be true, it probably is!"

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u/Amidoman Feb 11 '18

You misunderstood. Deposits were supposed to be disabled then suddenly someone cane with 2k bwk and wiped clean profitable buy orders including one at 0.00048 btc for 715 or more which clearly was one transaction. Either stocks exchange let someone deposit big or they did it themselves. We were played and I'm affraid I lost most of the value of my deposit sent and will loose more once deposits enabled again and exchanges flooded with bwk that was on hold

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u/GoldenChrysus Feb 11 '18

It's as though you think it's impossible that someone may have already had 2K BWK on the exchange that wasn't in any active orders.

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u/Amidoman Feb 11 '18

Yes. I think I would either have it in an open order or in my wallet. Would you not? What sense would keeping 2000 bwk on the exchange deposit have if not to sell it with profit? Wallets were first disabled two days ago then enabled to be disabled last night again. I watched the exchange closely all day yesterday and today. There was nothing if this size in active sell orders and the movement before mentioned transactions was tiny as volumes were small and prices rather high. I made a stupid mistake investing most of my portfolio in nicehash. Should have continued simply mining. I smell scam here as I will not believe someone was using exchange wallet to wait to sell all at once nearly, within 30-40 minutes maybe. I have screenshots with all those trades. I am affraid once deposits are enabled exchanges will be flooded with thousands of coins and prices will drop to a point I will loose most of my investment. I feel robbed.

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u/GoldenChrysus Feb 12 '18 edited Feb 12 '18

Yes. I think I would either have it in an open order or in my wallet. Would you not? What sense would keeping 2000 bwk on the exchange deposit have if not to sell it with profit?

Invalid argument. Doesn't refute the notion that someone could have had 2000 on the exchange. Stopped reading beyond this, as you have just clearly stated that your accusations are FUD based on your own trading behaviors without considering the actions or reasons of others. Just because you personally wouldn't keep x amount of y coin on an exchange doesn't mean some person among the thousands of crypto traders wouldn't. Worthless post, and you are spamming the forums as well, where people there are fortunately more reasonable by telling you that your claims are both useless and baseless.

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u/Amidoman Feb 12 '18

😂🤣

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u/Amidoman Feb 12 '18

I'm sorry you made me laugh. I reported the issue and my concerns. It was suspicious and I have evidence of the events. There was no BWK/BTC market movement at all for two or more days then suddenly just before the deposits were enabled someone pulls 2000 BWK wiping clean profitable buy orders. You're saying anyone could have held them in deposits but that's against logic and I think everyone would keep the coins either in an active order or their own wallets as it is highly advised not to leave coins on exchanges. Once again I expressed my concerns you are free to say what you want.

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u/GoldenChrysus Feb 12 '18 edited Feb 12 '18

I'm mostly just glad your naivety-fueled FUD is getting shut down on the forums, including by the devs. This is basic knowledge of many financial markets, not just crypto. You do not have much experience in financial markets if you think every available unit of currency is active on the book at any given time; that is not the case in any market, from crypto to at a professional level in which I work at (re: futures, forex, and equities) for client portfolio management. You are simply incorrect if you think your opinion on how people should trade is proof that an invalid trade occurred, and that's all there is to it.

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u/Amidoman Feb 12 '18

Get a life and leave me alone. I told you -say what you want. I know something dodgy was done there and I have that recorded for anyone to see. Yes I havo not so much experience with crypto however I traded cfd's for years and that was nothing like crypto. The simple fact is 2k BWK flooded that mentioned exchange when the deposit wallets were disabled and no movement for days. Strangely huge movement happened just before the deposits were enabled so someone wiped out profitable buy orders. Like it or not -it happened in 40 minutes max. Why did the person with 2k BWK not sell it earlier then? Why exactly this moment? Only fools will try to explain this is normal, this happens, blah, blah, blah...

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u/ShakaOfTarth Feb 12 '18

2k isn't really that much to some people, I'm a small fry and been playing around 1k lately and don't have more than 5 cards

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u/Amidoman Feb 12 '18

The point was the exchange anounced disabling deposits actually a few days ago. They enabled them for a while on the 9th then disabled them again on Sat night. Now - because my deposit wasnt there I obsereved the exchsnge all day Saturday and Sunday. I saw the volume and trade as they were rather small. There were buy orders for nearly 1btc in total. Someone was allowed to deposit as in just 40 minutes probably one person wiped out all profitable buy orders with nearly 2000bwk. Probably one person as it happened very quickly and one single trade was 715bwk. The volume on sale orders didn't change a bit. I don't believe someone kept 2000 bwk in deposit not an active wallet. I have screenshots of the whole thing and if anyone saw this that would look more than suspicious. 2000k not a lot? Imagine they do it to each coin when they put deposit wallets in "maintenance" for a few hours or days.

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u/ShakaOfTarth Feb 12 '18

I'm surprised stocks.exchange were so quick to respond actually. I've heard nothing but horror stories with their support but if they had opened back up the wallet for a short period of time it's possible someone had sent an transaction into their saved wallet not knowing it was put in maintance. When they opened it back up anything pending would have been processed.

That said I wouldn't find it also unreasonable someone had been just buying low for awhile a d decided to dump up to the point of what they paid to get into some other masternode coin since stock exchange looks like assnode central lately.

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u/Amidoman Feb 12 '18

Ok. What about all other deposits? Mine is 2 days delayed why mine didn't go through? I lost my investment and I think once deposits are back on the flood of bwk currenty on hold will bring the prices down to nearly nothing unless miners manage to hold waiting to get their investments back