Topic: 95% fake volume :) (Read 3362 times)
It is no longer a public secret that even Coinmarketcap itself in displaying altcoin or bitcoin volumes themselves can also be manipulated. I have read the news. and now don't just look at the Top Coinmarketcap exchange, but do your own research, is it really that trading on the exchange is so big? most are only fake to attract investors so they are interested
Well fake volumes attracts investors to trade in their site which makes a huge red flag to not exchange with site why? Because they can manipulate the price of cryptocurrencies within their site and other problems like withdrawal problems so, if you saw these flags you should avoid those exchanges.
It is better to avoid exchanges unless you are a trader. For trading, you can use the top 10 exchanges that are given in the article. Everyone looks at fictitious volumes on exchanges as leprosy, on the one hand it is. Several times I fell into the trap of exchanges with fictitious volumes when I wanted to sell some coins on them, but I did not succeed because trading was conducted between bots. But the problem is that Bitcoin trading volumes are also fictitious to some extent, because the price of Bitcoin is artificially supported. I think one day the regulators will stop this, there are too many manipulations on the market.
Some of the exchanges are using fake volume to attract traders to buy an altcoin or bitcoin and using bots to automatically make a position when selling or buying and in that case its a win-win strategy for them.
That's why we don't know if its a legit volume we are trading in a exchange.
That's why we don't know if its a legit volume we are trading in a exchange.
Without fake trading volumes, I think trading volumes for the day would be very low on many exchanges. As long as regulators do not touch trading platforms with fake trading volumes, these exchanges will do so because it is an easy way to boost their rating. But this phenomenon has a positive side. Newcomers come to trade on rumors that Bitcoin has colossal daily trading volume. Thus, fake trading volumes carry not only false data, but also advertise cryptocurrencies well.
Now everyone is trying to increase their coverage by releasing topics about false volumes. Now CMC, Coingecko, and even Neironix are engaged in it. Which of them to believe is I don't know
Have you ever heard the word "In the next week we will to be listed in the top 10 exchanges"? I'm sure you often hear this word from the ICO project. Even though they know that among the top 10 exchanges some of them are fake volumes, but in fact ICO owners never care. For them the most important thing is can get listed in the top 10 exchanges. And in the end many ICO tokens died because of this, very sad!
many developers team said this to attract investors.if they could listing in top 10 exchanges, they will have more benefits.although in fact we see different condition, it just be their promise that we will never see and investors start to leave them.when it happen , slowly they will be die projects.choose projects that focusing in exchanges sometime make us dilema, they forget about product developtment that be main key. 
Have you ever heard the word "In the next week we will to be listed in the top 10 exchanges"? I'm sure you often hear this word from the ICO project. Even though they know that among the top 10 exchanges some of them are fake volumes, but in fact ICO owners never care. For them the most important thing is can get listed in the top 10 exchanges. And in the end many ICO tokens died because of this, very sad!
That's their favorite line but their action is only based on investor's demand, I really like a team that is honest even if they will delay the listing. At the market state now, listing does not mean success anymore because most of the projects that are listed at the current timing just dump and traded only below their ICO or IEO price.
Have you ever heard the word "In the next week we will to be listed in the top 10 exchanges"? I'm sure you often hear this word from the ICO project. Even though they know that among the top 10 exchanges some of them are fake volumes, but in fact ICO owners never care. For them the most important thing is can get listed in the top 10 exchanges. And in the end many ICO tokens died because of this, very sad!
https://www.coindesk.com/fake-volume-on-crypto-exchanges-isnt-the-half-of-it
this shows the real image of BTC.
The market was never fair and fake volumes were shown by most of the exchanges to expand the customer base and remain on top as coinmarketcap combines the result of different exchanges and show the combined results on their site.They are just making profits by faking the volume and fooling the people and still these techniques are followed by them even after governmmet intervention. this shows the real image of BTC.
Well fake volumes attracts investors to trade in their site which makes a huge red flag to not exchange with site why? Because they can manipulate the price of cryptocurrencies within their site and other problems like withdrawal problems so, if you saw these flags you should avoid those exchanges.
The exchanges that show fake volumes will not necessarily manipulate the price of the coins in the market, these exchanges are faking these volumes to attract new users in the market as more the members in the exchange more the revenue they will be getting when there are more people trading and that is how these exchanges make their profit, if you know that an exchange is faking these volumes it is better to avoid them. 
if the place of exchange gives a fake volume then what about the price and volume rotation of the bitcoin in coinmarketcap until now is it also fake? if false then this could be a public deception and I think the disadvantaged are new traders who think that the volume of cryptocurrency trading is indeed very high but apparently not.
I always check CoinGecko, since they released their Normalized Volume on exchanges and trust Score on the trading pairs. normalized volume pushes bad exchanges that fake their volume way down. just check their exchange page https://www.coingecko.com/en/exchanges and you'll see what I mean. unknown crappy exchanges are way below with their crappy reported volumes.
I think Coingecko does a really good job. very good points and I use them pretty often. one thing I think they should look into more is derivatives. derivatives volume are good indicators to how the market is feeling like, and things like bitmex liquidations and volumes are important and shouldn't be ignored.
I think Coingecko does a really good job. very good points and I use them pretty often. one thing I think they should look into more is derivatives. derivatives volume are good indicators to how the market is feeling like, and things like bitmex liquidations and volumes are important and shouldn't be ignored.
Well fake volumes attracts investors to trade in their site which makes a huge red flag to not exchange with site why? Because they can manipulate the price of cryptocurrencies within their site and other problems like withdrawal problems so, if you saw these flags you should avoid those exchanges.
That's why these fake volume on exchangers are quite known and this happened on the past even big exchangers does but you can actually differentiate to those known exchangers than to those new or unknown ones.You can spot out if some
exchangers comes to top on volume one day then suddenly drops out its ranks on the next day then that's already a solid example.
Binance and Huobi do have a lot of interest from traders, it's natural that the volume is real, but I think like other exchanges, Bittrex, Kucoin, Gate.io, Okex, in my opinion, the actual volume, I think many have positive feedback on the exchange, so there is no volume manipulation for their exchange.
They might not have price manipulation now, but they once also exchange in such activity until they were able to get the real volume and if you trace the history of price manipulation backward, you will see that these top exchange are still the ones that started it first. The only exchange that I think I can trust not to have such activities is still Binance and kucoin because those ones started their hype first and it was their hype that actually gave rise to the volume that they have today.I would not support fake volume, but some of us actually pushed those small exchanges too to start using fake volume because we always tend to support already big exchanges forgetting that they all started from somewhere too first in which majority of them price manipulation had also.
Well fake volumes attracts investors to trade in their site which makes a huge red flag to not exchange with site why? Because they can manipulate the price of cryptocurrencies within their site and other problems like withdrawal problems so, if you saw these flags you should avoid those exchanges.
We don't need to experience that, we have to read the reviews of each site and use the site that is trusted in the crypto space especially in this forum. Most of the positive feedback I heard is on exchanges with good volume such as Binance and Houbi and I believe they are showing a real volume.
Actually, even if we have a lot of trading sites in the space its advisable to focus only few if you are looking for a reputable exchange as like the entire market, majority of the coins are scams and same goes with exchanges where majority are not showing their correct volume.
Binance and Huobi do have a lot of interest from traders, it's natural that the volume is real, but I think like other exchanges, Bittrex, Kucoin, Gate.io, Okex, in my opinion, the actual volume, I think many have positive feedback on the exchange, so there is no volume manipulation for their exchange.
Well fake volumes attracts investors to trade in their site which makes a huge red flag to not exchange with site why? Because they can manipulate the price of cryptocurrencies within their site and other problems like withdrawal problems so, if you saw these flags you should avoid those exchanges.
We don't need to experience that, we have to read the reviews of each site and use the site that is trusted in the crypto space especially in this forum. Most of the positive feedback I heard is on exchanges with good volume such as Binance and Houbi and I believe they are showing a real volume.
Actually, even if we have a lot of trading sites in the space its advisable to focus only few if you are looking for a reputable exchange as like the entire market, majority of the coins are scams and same goes with exchanges where majority are not showing their correct volume.
Well fake volumes attracts investors to trade in their site which makes a huge red flag to not exchange with site why? Because they can manipulate the price of cryptocurrencies within their site and other problems like withdrawal problems so, if you saw these flags you should avoid those exchanges.
A lot of exchanges are doing fake volumes its been an issue for very long time. They can’t really hide their secrets and traders will raise suspicions due to orders are not acting normally. Some of them are having complicity with newly funded projects to pump the price but investors can’t even deposit or trade their tokens on the particular exchange.
This is a way for them to attract traders so they want to invest in their exchange or they want to trade on their exchange so that their volume increases. but this method is not appropriate because they manipulate many people and also deceive many people
Now it is no secret that most of the exchanges do fake volumes using trading bots. And it's not just the small and medium
exchanges who have done this dirty trick, but there are some big exchanges involved too. The volume of this volume is in
great demand because many investors and traders are successfully hooked with it This volume is fake, but not all exchanges
do that. There are several exchanges that use real volume, one of them is binance. Therefore I always use binance to trade.
exchanges who have done this dirty trick, but there are some big exchanges involved too. The volume of this volume is in
great demand because many investors and traders are successfully hooked with it This volume is fake, but not all exchanges
do that. There are several exchanges that use real volume, one of them is binance. Therefore I always use binance to trade.
https://www.coindesk.com/fake-volume-on-crypto-exchanges-isnt-the-half-of-it
this shows the real image of BTC.
this shows the real image of BTC.
I believe that so when I found two threads that tell us that Vindax and P2Pb2b thay are the number exchange in terms of volume I just knew that these two exchanges are faking their volume, and that article proves us and majority here is right.
These exchanges that faked their volume should not be patronized, these two exchanges have a lot fo bad report in the scam section if they are not honest in their number you won't expect them to be honest with their clients.
Jump to: