To avoid having to reply multiple times, let me summarize everything here:
First, let’s set the context. As mentioned by @mariuszkarowski, Probit is indeed the only exchange recognized by crypto aggregators like CoinMarketCap and Coingecko.
The daily trading volume on Probit is relatively low—just a few hundred dollars—so when someone wants to sell more than 720,000 BLURT (around $2,280 at the current price, which, let’s be honest, isn’t much for a cryptocurrency), they’re left with two options: be patient or dump their coins. In this case, our Blurtian chose to dump, unlike others who’ve liquidated their accounts (not just this month) without dumping.
It’s important to note that a dump like this doesn’t reflect someone aiming to profit from a price increase (otherwise, he would have smoothed out his sale like others have done). Instead, it shows a complete abandonment of the blockchain due to lack of interest.
For me, Probit remains a logical choice, despite its lack of liquidity, as I’m convinced its fees are lower than those on Hive-Engine, especially if converting to Hive or Steem isn’t the goal.
By analyzing transfers to Probit between November and December, here's what's relevant to share:
In summary, as long as we can’t increase trading volumes, grow the number of Blurtians powering up, or attract new buyers, the price of BLURT will remain easily manipulable with just a few dollars.
And yes, @drutter, I genuinely believe that holding over 1 million BLURT qualifies you as a whale. 🐋
I can not find a free bot for trading on Probit. Could you write a simple BUY script?
Hi Marius,
I am currently working on a multilingual Blurt account creation system with referrer management and marketing campaigns (including the option to create a free account using a coupon).
For users without a coupon, they can still create an account (paid, in this case) by paying in BLURT, HIVE, or STEEM through the "join.blurt" account, which I’ve created on all three platforms.
My plan is to use this account to generate BLURT buy volume, not on Hive-Engine, which doesn’t interest me, but on Probit, as it is recognized by crypto aggregators like CoinMarketCap and CoinGecko. This will be done using a bot.
I’m currently working on the payment system and will soon move on to the bot development. I could take this opportunity to make the bot functional for your use case as well and share it on GitLab. However, I would need more details about your specific requirements and the customizable parameters you’d like.
If needed, we can continue this discussion on Matrix via DM.
i have buy/sell script in Python for now it's not trading bot but two scripts but im planning to develop it in the future
Thanks for the extra info Nalexadre, great 'post'! : ))
I hear Agorise is thinking of ways to get us listed on more exchanges, which should help things.
-- mini-whale on a mini-blockchain (but growing)