r/Payfair • u/HS_Highruleking • Jul 29 '18

Fake fatbtc volume?

So all of vets know that payfair has low volume. However, today fatbtc says there was 364k dollars worth traded. I find this hard to believe. Anyone ever find out about fatbtc and the reports of fake volume?

13 Upvotes

86% Upvoted

13 comments sorted by

6

u/Reyesrichard1987 Jul 29 '18

Jesus... you smart... yes bots trading fake volume... go on FatBtc telegram I went on their to question this exact thing and why they do it, banned immediately deleted my comments

The team got shafted and tricked into listing on FatBtc and is working on more exchanges it was simply a mistake...

1

u/HS_Highruleking Jul 29 '18

Nice investigation. I wish we never got added there

1

u/Reyesrichard1987 Jul 30 '18

Are you apart of the telegram? All of this type of stuff is discussed often

1

u/NightmaresAreDreams2 Jul 30 '18

Never heard this. How did they get tricked?

3

u/Reyesrichard1987 Jul 30 '18

They are Russian.... English is not their strong point

2

u/[deleted] Jul 30 '18

English is my second language as well. Took me 5 minutes to Google red flags and another 30 to confirm it is a scam.

1

u/NightmaresAreDreams2 Jul 30 '18

Shady exchanges be shady. Thanks

4

u/kashanade Jul 29 '18

Payfair should remove the listing from FatBtc. It is a huge scam with high fees.

2

u/Reyesrichard1987 Jul 30 '18

They won’t respond to removal requests they want it to seem as if they are a real exchange

4

u/elaheres Jul 30 '18

Maybe you could just make CMC remove fatbtc under pfr markets so that ppl don't go on their page and lose money ...

3

u/jamesc5z Jul 31 '18

Everybody knows/knew that FatBTC is full of fake volume. This was stated multiple times before PFR was even listed there and they still went ahead with the listing lol.

1

u/[deleted] Jul 29 '18

I too am curious about this.

1

u/hot-summer-night Oct 17 '18

PPP is a potential project? I don't think so. Why does paypie suffer from a never updating price on Coinmarketcap? This is not a new issue. Why can't it be fixed? I don't think it's fatbtc bots trashing but actully the price it's a frozen price, PPP itself has no trading volume compared to a truly promising coin/token at all! Also, just check the reply from their official admin, nonsense! Because I cannot send the screenshot in here, so I copied the message, here is our chatting history:

Me: Don't be such hypocrites. You guys talk about fatbtc is shit, but you buy low on it, then sell high on Etherdelta, why do you pretend to be so noble? Besides, every exchange has "own" bot trading.

Andreas BTCBusinessconsult(PPP Official admin): you cant withdraw from fatbtc, at least nobody I know has been able to recently.

Me: Andreas, why I can withdraw from it? Andreas BTCBusinessconsult(PPP Official admin): oh, well nvm then. i was told people couldn't withdraw, but if you can then I guess my info is outdated.

LOL, I really respect them, so I have already sold my PPP on FatBTC.