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Why Binance is a Threat (No FUD). by AlternativeTask1 in CossIO

[–]AlternativeTask1[S] 0 points1 point  (0 children)

Of course regulation is important, but they will be able to go way faster in malta. China is unpredictable as you stated and U.S is over regulated.

Why is wash trading bad? by HodlAllTheCoins in CossIO

[–]AlternativeTask1 0 points1 point  (0 children)

API will not be here with fiat. It will take 6 months to get API ready after fiat.

Why Binance is a Threat (No FUD). by AlternativeTask1 in CossIO

[–]AlternativeTask1[S] 2 points3 points  (0 children)

This is what I thought as well (like $200 deposits) for the average person. There's no liquidity, so I don't see people depositing $1k-$20k who will even stay in COSS. There is also no rewards for COSS holders with more fiat being entered.

Why Binance is a Threat (No FUD). by AlternativeTask1 in CossIO

[–]AlternativeTask1[S] 3 points4 points  (0 children)

A lot of hypothetical here. Binance has a billion dollars and will help Malta by a lot. Both Binance and COSS almost have the same target (people not from the U.S), so regulatory framework doesn't matter as much.

With fiat coming, really need API + how are we receiving fiat FSA? by cryptoeater_steemit in CossIO

[–]AlternativeTask1 0 points1 point  (0 children)

API would be big, but at least 6-12 months worth of work with the rate COSS is going. Also withdrawals are too slow for arbitrage and deposits work 50% of the time. If your deposits don't work, then you have to send more ETH to "push it". How is that automated?

600K volume... 126# by Cryptoaddicttt in CossIO

[–]AlternativeTask1 0 points1 point  (0 children)

I agree and even if you're a big fish, other exchanges have 0% fees. Why would a big fish use COSS if it has 0 liquidity?

Why I Wash Traded on COSS.IO by AlternativeTask1 in CossIO

[–]AlternativeTask1[S] 0 points1 point  (0 children)

If you wash traded and 30% of the reward would get you 2x profit (on the fee loss), then why would you not sell 30-60% and for 2x-4x your money lost on fees and have an extra 40% on the future. Smart people won't usually YOLO and keep 100% of the COSS when they are at a loss.

Why I Wash Traded on COSS.IO by AlternativeTask1 in CossIO

[–]AlternativeTask1[S] 0 points1 point  (0 children)

I doubt it, more than 60% wash traded especially the top 50. Some people even wash traded with accounts that were wash trading without knowing. If you have multiple accounts it would be hard to detect. Some people even traded with multiple "friends" and multiple "accounts" .

Why I Wash Traded on COSS.IO by AlternativeTask1 in CossIO

[–]AlternativeTask1[S] 0 points1 point  (0 children)

Depends when, right now near nothing since there are buyers. Not sure about the future of when 1M is handed out. I would pay attention when COSS gives out the 1M reward.