SYS Pump on Binance

in bitcoin •  7 months ago

If you are on our Discord Group (yes this is an invite) - we have noticed abnormal SYS pump there.

SYS is one of the first ICOs i have worked with that got big in around 2014 and my blog so i know owners pretty good.

Today SYS got pumped to crazy spots on Binance and other exchanges followed.
There was big gap between Bittrex and Binance at some point that allowed arbitrage.

At some point it was not sure if there was 51% attack but then we found out - nope, just Binance got behind the chain and some guys pumped SYS on the occasion. Skip the FUD about 1 SYS for 96 BTC as its not the case.

In the middle of the pump Bittrex frozen deposits and withdrawals but Livecoin still worked. This is why i always say to have accounts on many exchanges. You never know when there's a discount.

Binance stopped withdrawals of any coins at some point (after 7000 BTC left their hot wallet!) and then frozen whole exchange.

SYS Markets

Due to irregular trading on some APIs, Binance has removed all existing API keys as a precautionary security measure. All API users are requested to recreate their API keys.
Another announcement regarding the re-opening of trading will be made once the maintenance is complete. Please stay tuned to our official announcement channels for further information.
We apologize for any inconvenience caused, and thank you for your patience.

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They did a 51% attack to mine more than one block so it was irreversible. Dev 1 posts a sell 11 SYS for 96BTC and Dev 2 (or investor) buys from Dev 1. All the orders in between fucked the bots. Bots continued to buy expensive SYS setting much higher floor. Total cost to scammers, around 30 BTC. Profit, could be as high at 7k BTC. Genius but highly unethical. And that's crypto for you

Thank you for bringing the SYS activity to my attention.

people are enjoying the profit when they make an entry at low price.
great work sir
thanks for the news

really like this post , steemians do check this post also on this topic

This crypto market will be going on unpredictable day by day....anyways thanks foe ur information.

I hope that this id the start of the pumping season. A better game time than ball games @kingscrown

you gotta be fast if you want to be a crypto day trader

I vote for you, you vote for me. I like your post, your post is very good.

Hopefully I can recover the money I lost because of this :| Since Binance froze my account right in the middle of a sale lol

oooohh mierdra Binance nooo

Cryptocurrency market is unpredictable!

Hello @kingscrown is it secure coin if i bought it,I just want to be sure??

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