95% of volume on mexc is fake, just fyi
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This all day long.
Nice that it dragged the price up on BitMart. Shame I put a sell on last night at $0.28ish though
If you want a real laugh check the trading in $SCOT on MEXC.
A bot circle-jerk financed by two chancers who desperately desperately need to fool the unwary that $SCOT is worth something, anything.
If that price was anywhere near reality, I personally could finance the team for another 2-3 years and still have enough left to buy my beloved Glasgow Rangers.
AND buy Lambos for most of the OGs. But only those who have previously committed to buying me 
But the price is nowhere near reality, so no Lambos and you still have to buy me
And the Rangers are effed.
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⌠well ⌠it seems to be low liquidity and quite a high slip âŚ
but looks to me like you can swap 1000 scotcoin to 3.5k USD on uniswap ⌠not that bad of a deal and the price on MEXC does look âsomewhere near realityâ - doesnât it?
so whatâs your criticism exactly and why arenât you buying my lambo?
and why arenât we celebrating that new successful listing ? 
EDIT:
damn ⌠I wanted to stay out of this topic âŚ
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Because the $SCOT that is trading on MEXC is v4. The $SCOT that everyone except the two âprincipalsâ own is SCOTv3. And the plans to migrate everyone else v3 â v4 are still several months down the line.
The story of just why we have now got to the fourth version of $SCOT is a long and tedious one that does not show many of the participants in a good light.
Try swapping $SCOTv3 on Uniswap and then come tell me I owe you a Lambo and you do not owe me hectolitres of the finest Weissbier 
And sadly I cannot finance the next 2 years of devlopment and prioritise the native token 
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well ⌠but to me it sounds like there is nothing done by MEXC that would be wrong (?) and everything on their site and the price and all is correct âŚ
itâs just that scotcoin itself with its different versions is pretty close to a scam ⌠and seems like people are stuck with coin that have no value and just happen to carry the same name as the coin traded on MEXC âŚ?
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This much is true. And why I am very glad to no longer be associated with the project. Doesnât stop a lot of Scotcoin old-timers phoning me and whining thoughâŚ
None of this is MEXCâs fault other than that there is a lot of unfettered bot activity that artificially inflates volume.
I am very happy to see $ANT traded on yet another exchange and to see visibility of the project growing.
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Unfortunate timing, eMaid-> ANT airdrop happened soon after listing. Opposite order would have been better.
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Mexc has zero skin in the exchange game, nobody is using this exchange, only for laundering or selling trashcoins nobody knows about.
They literally list every asset for a small bribe, literally any small cap memecoin.
A fun test for you, try to sell any random asset into its buywall (except large caps), the buywall will move significantly down as soon as you try to place the order⌠funny aint it?
Theyâre quite famous for cooking the buy/sell books and confiscating trader funds on perp whenever theyâre to successful. Avoid at all cost unless you want to dump your trash thatâs not listed elsewhere.
I personally always sell any coin straight after it being listed on mexc, only mexc specifically. literally every small cap gets trapped into their price manipulation, the one exception was the Kas listing which was a long time ago.
This appears to me to be evasiveness. I.e. you have no counter to the arguments I gave, so instead you dismiss me for having not listened to the specifics of the founders great words of wisdom ⌠Sorry, I thought this was a forum, not a temple. As much as I appreciate David, there is no need to deify him. If you understand what the point of the 8% is, other than to mimic BTCâs reward system or to create âliquidityâ (which Iâve already argued are ill-conceived ideas wrt/rewards), then simply state it. If you have specific arguments to counter my arguments, then simply state them. Thatâs how honest debate and discussion works.
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Very true. $SCOT chose MEXC cos the bribe was the smallest.
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Is running 20 million nodes even feasable? How much resources is that? If each node is allocated 35GB thatâs 700 petabytes, ~700,000 x1TB hard drives. Are they going to make their money back on that anytime soon? On the upside they might if they are really confident the network is going to be a success, its one hell of an investment. I suspect its faked somehow.
Hmh⌠I was going to withdraw the ANT I have in MEXC, but was faced with this:
Might this be about the high GAS fees, that drained @neo 's wallet when uploading, too?
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Imo most all Large Operators are gaming the Storage per antnode siginifcantly lower than 35GB per antnode, by using antctl (instead of node-launchpad) and running many more clusters of antnodes in LXC containers or similar, which are mapped to separate IP Addresses to glean more emmision rewards per IP address, at the moment.
As the network fills up with uploads, the decision for these operators offering much less storage per antnode is to expand storage dynamically per IP address mapping of antnodes to store volumes (using EXT4 or Btrfs or some file system that allows dynamic storage expansion),
or
the operators can chooose to reduce their effective number of nodes per storage volume(migrate the LXC to map to a new storage volume) to effectively increase the storage per node to meet demand and avoid getting shunned which reduces the ability to quote and earn upload rewards(ANT ERC-20), as the network fills up.
This current stte of affairs of gaming the storage per antnode is why
I am fan of rewarding early upload activity per Wallet and IP address to the upload client.
versus
what is going on now,
that said the upload client robustness is improving at the cli as the dev team and key OGs uncover issues and squash bugs, however the UI versions of the upload client are very much WIP with progress being made, however the ETA Estimated time of Arrival for the UI Client in reliable form is not yet set.
Imo there is no real ROI case to be built on running alot of nodes for just emission rewards.
Even if you are re-fniancing alot of offlease hardware at US 10cents on the US $ or lower and can efficiently organize the equipment quickly with Linux LXD/LXC into a workable fleet of antnodes with decent ISP bandwidth price/month, the ROI does not work
To aacheive a dencet ROI using what is the âCheap Web Hosting Serviceâ use case descirbed above requires the Operator to factor in the revenue stream created from winning upload rewards, and that means the systems need to be balanced/optimized and very performant, so they donât get shunned
So imo,
The current volume of antnode growth is likely due to a mix of activities such as the following:
1 partly the OG node operator actions of âbuild it and they will come, grab some emissions rewards for the time beingâ,
b. Potential big users of the network testing the network , as an exercise of "run the network as a cheap POC in the cloud to see if it really does work to de-risk the decision a bit to use the network, (add nodes, remove nodes, see what happens) before investing in the network moreâŚ
c. Competitors also testing it to se if they can crash the network, so they can poopoo it to their existing customers to keep them on board
d. There are likely a few crypto projects looking at Autonomi as well as a viable place to run their projectâs storage and also testing it for robustness as above
f. the original network purpose , there are certainly some large, medium and small enterprises and several private individuals looking for a cheap place to park their permenant data and also tryin the network out
I hope this helpsâŚ
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I see. I hadnât realized rewards were tied to unique IP addresses . How do they get so many? Is it possible to determine the approx location of these IPs? Yes I agree about rewarding early uploaders to get the network doing things useful especially public data that might capture peoples attention eg internet archive.
who said that? 
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Wouldnât it make more sense to limit the min size of a node to 35gb? So people canât game the system by creating millions of tiny nodes. Is that possible? Or desirable?
nobody knows whatâs really going on behind the curtains ⌠and itâs a myth that more ip addresses bring more rewards for all I know âŚ
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Thatâs how I interpreted that? Am I wrong?
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