95% fake volume :) - page 3. | Bitcointalksearch.org

pinoycash

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Quote from: rijaljun on May 01, 2019, 07:50:55 AM

I bet after this article made, there will be a lot of exchanges doing a fake volume with a smoothest way to ensure that people won't be able to find out that they are doing something bad. So, starting from now, we better to avoid those listed exchanges because of this.

You cannot avoid them the only way to unroot them is to ask Coinmarketcap to remove all fake exchange that faking their volume. All their metrics are fake due to wash trading.

Until then we have to endure seeing this inflated volume on CMC.

rijaljun

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I bet after this article made, there will be a lot of exchanges doing a fake volume with a smoothest way to ensure that people won't be able to find out that they are doing something bad. So, starting from now, we better to avoid those listed exchanges because of this.

mayax

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Quote from: gentlemand on April 30, 2019, 03:41:04 PM

Quote from: pinoycash on April 30, 2019, 03:36:19 PM

There are no alternatives to exchanges right now so people have no choice but to take the risk of using an exchange platform for their trading activities. Until a real DEX platform arrives people will stick to this centralized custodial exchange for their money.

Gemini has a banking charter, is run by identifiable people, has a Bitlicence and abides by all known laws.

Bitfinex... does whatever it wants, doesn't tell anyone fuck all and ignores all regulation until it becomes too hot for them.

There are degrees of respectability.

Correct! I don't see any reason for someone to use an unlicesed exchanger unless he is a scammer, fraudster.

Why would I risk the "money" by using a shady exchanger?

gentlemand

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Welt Am Draht

Quote from: pinoycash on April 30, 2019, 03:36:19 PM

There are no alternatives to exchanges right now so people have no choice but to take the risk of using an exchange platform for their trading activities. Until a real DEX platform arrives people will stick to this centralized custodial exchange for their money.

Gemini has a banking charter, is run by identifiable people, has a Bitlicence and abides by all known laws.

Bitfinex... does whatever it wants, doesn't tell anyone fuck all and ignores all regulation until it becomes too hot for them.

There are degrees of respectability.

pinoycash

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Activity: 1316

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Quote from: gentlemand on April 30, 2019, 06:08:35 AM

Quote from: richardsNY on April 28, 2019, 10:58:31 AM

Bitfinex is a scum exchange. I can't find one single reason why people still use it after everything they have gone through. It's like people don't even care anymore, which they eventually will pay the price for.

They've always gone on about liquidity and the UI. People always think exchanges will fuck everyone but them which is why they continue to use them. BFX has become slowly less dominant, a lot of big moves don't start there any more, and long may it continue.

There are no alternatives to exchanges right now so people have no choice but to take the risk of using an exchange platform for their trading activities. Until a real DEX platform arrives people will stick to this centralized custodial exchange for their money.

wxa7115

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Quote from: swordling143 on April 26, 2019, 07:26:56 AM

This is a known issue already, and the majority of them are new exchanges that create fake volume to attract traders. There should a strict regulation that would prevent them from fabricating such volumes. I really don't think this can be resolved anytime soon, but staying away from these kinds of exchanges would be the way to go. Perhaps, stick with Binance, or Coinbase and a few other trusted ones.

We do not need regulation, that is what the governments are expecting for us to ask and of course they will be willing to comply but then exchanges will begin to ask even more information from you, what we really need are decentralized exchanges that works like their centralized parts and that have the volume necessary for us to trade without any issues.

Once that happens then we can forget about all of the issues with fake volumes coming from centralized exchanges and more importantly we will eliminate exchanges as one of the most important points of failure in this market.

gentlemand

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Welt Am Draht

Quote from: richardsNY on April 28, 2019, 10:58:31 AM

Bitfinex is a scum exchange. I can't find one single reason why people still use it after everything they have gone through. It's like people don't even care anymore, which they eventually will pay the price for.

They've always gone on about liquidity and the UI. People always think exchanges will fuck everyone but them which is why they continue to use them. BFX has become slowly less dominant, a lot of big moves don't start there any more, and long may it continue.

BeGoods

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Quote from: BigTeeths on April 24, 2019, 08:23:18 PM

Quote from: mayax on March 29, 2019, 10:48:42 AM

https://www.coindesk.com/fake-volume-on-crypto-exchanges-isnt-the-half-of-it

this shows the real image of BTC.

So based on the report, only those small and medium exchanges does not show their real volumes. I don't think this serves as a major problem in the crypto market when the largest and famous exchanges do report their actual and real-time volumes. People just need to use those if they don't want get stressed on this facts.

It is done by a small exchange so that people trust more in their exchanges. Usually traders are reluctant to trade in an exchange if the exchange has a small volume, because the amount of profit and the speed of profits are affected by the volume, it is not a major problem..

richardsNY

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Quote from: mayax on April 28, 2019, 04:00:11 AM

even so called big exchangers are having fake volumes. Bitfinex, Kraken. Most of them, are not financial licensed...

It's about incentives, which exchanges do have to manipulate their volumes. However, the more reputable an exchange is, the lower the probability of severe volume manipulation is.

Bitfinex is a scum exchange. I can't find one single reason why people still use it after everything they have gone through. It's like people don't even care anymore, which they eventually will pay the price for.

culuuton

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I also agree that at the moment no ICOS campaign can successfully mobilize capital. Therefore we must be really alert to avoid falling into the trap of scam projects. I do not invest in ICOS this time. I will wait for a better market to have a reasonable strategy.

mayax

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Quote from: swordling143 on April 26, 2019, 07:26:56 AM

This is a known issue already, and the majority of them are new exchanges that create fake volume to attract traders. There should a strict regulation that would prevent them from fabricating such volumes. I really don't think this can be resolved anytime soon, but staying away from these kinds of exchanges would be the way to go. Perhaps, stick with Binance, or Coinbase and a few other trusted ones.

even so called big exchangers are having fake volumes. Bitfinex, Kraken. Most of them, are not financial licensed...

swordling143

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This is a known issue already, and the majority of them are new exchanges that create fake volume to attract traders. There should a strict regulation that would prevent them from fabricating such volumes. I really don't think this can be resolved anytime soon, but staying away from these kinds of exchanges would be the way to go. Perhaps, stick with Binance, or Coinbase and a few other trusted ones.

GregH37

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Quote from: BigTeeths on April 24, 2019, 08:23:18 PM

Quote from: mayax on March 29, 2019, 10:48:42 AM

https://www.coindesk.com/fake-volume-on-crypto-exchanges-isnt-the-half-of-it

this shows the real image of BTC.

So based on the report, only those small and medium exchanges does not show their real volumes. I don't think this serves as a major problem in the crypto market when the largest and famous exchanges do report their actual and real-time volumes. People just need to use those if they don't want get stressed on this facts.

That is it, so I wonder why we are stressing ourselves in bothering over those smaller exchanges, except they are the real ones and the big ones are just using this news to kill smaller ones and create monopoly. Moreover, I don’t see why people are even coming up with too many exchanges for now; they would have just prepared it against the future instead of tarnishing the name down already.

The big exchanges we have are more than enough to serve the entire market right now and nay new exchange will end up not getting much volume, so they will have to adopt the VOLUME FAKING method to be able to attract users to themselves, and I guess that is why we see those fake volumes.

Siren

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Quote from: vindermarch on April 20, 2019, 12:04:30 PM

It is surprising that only 10 top exchanges have real volume.

Whoe knows if the top 10 exchanges are having real volume?remember that CMC used to have a best reputation among them all untill these issues comes out so we really never know the truth behind then

Quote

I am using binance for trade dan that is the best exchange platform ever been. I have used digifinex but their volume is fake and so many bots.

Binance is one of the most competent for now and with high valued reputations ket#hope that this will never change one day as what turns out most of the exchanges now

BigTeeths

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Quote from: mayax on March 29, 2019, 10:48:42 AM

https://www.coindesk.com/fake-volume-on-crypto-exchanges-isnt-the-half-of-it

this shows the real image of BTC.

So based on the report, only those small and medium exchanges does not show their real volumes. I don't think this serves as a major problem in the crypto market when the largest and famous exchanges do report their actual and real-time volumes. People just need to use those if they don't want get stressed on this facts.

Danslip

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Leading Crypto Sports Betting & Casino Platform

Quote from: Ipwich on April 24, 2019, 05:35:47 PM

Quote from: davinchi on April 24, 2019, 03:45:35 PM

Quote from: TribalBob on April 22, 2019, 07:47:03 PM

I always believe in binance and bittrex,
both exchanges have honesty in volume from the beginning of the emergence of the exchange,
and for other exchanges that have fake volumes they will still not have a good impact on their trade,
I'm sure of that.

This is why these 2 exchanges will always be on top of the exchanges,

I can say Binance is a top exchange because it has a trading volume of over $1 billion dollars, but Bittrex is not attracting volume, they currently have below $100 million daily volume, they need to improve but this exchange has a good reputation, sure they are not faking their volume.

source

https://coinmarketcap.com/exchanges/binance/
https://coinmarketcap.com/exchanges/bittrex/

I don't agree with your opinion. Bittrex was caught for boosting their daily volume with automotive bots. I have no idea about the Binance and their fake volume rumours.

Ipwich

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Student Coin

Quote from: davinchi on April 24, 2019, 03:45:35 PM

Quote from: TribalBob on April 22, 2019, 07:47:03 PM

I always believe in binance and bittrex,
both exchanges have honesty in volume from the beginning of the emergence of the exchange,
and for other exchanges that have fake volumes they will still not have a good impact on their trade,
I'm sure of that.

This is why these 2 exchanges will always be on top of the exchanges,

I can say Binance is a top exchange because it has a trading volume of over $1 billion dollars, but Bittrex is not attracting volume, they currently have below $100 million daily volume, they need to improve but this exchange has a good reputation, sure they are not faking their volume.

source

https://coinmarketcap.com/exchanges/binance/
https://coinmarketcap.com/exchanges/bittrex/

davinchi

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Quote from: TribalBob on April 22, 2019, 07:47:03 PM

I always believe in binance and bittrex,
both exchanges have honesty in volume from the beginning of the emergence of the exchange,
and for other exchanges that have fake volumes they will still not have a good impact on their trade,
I'm sure of that.

This is why these 2 exchanges will always be on top of the exchanges, for now, those smaller exchanges should have even learnt that hard work pays more than cheats. A building built on a weak foundation will surely collapse.

Despite the fact that they fake the volumes of their trades, they have still not entered the top list of exchanges or built billion dollars wall around them, they just need to learn to do things in the right way and forget all these magic figures they are adding that will lead them to nowhere, Well, that is for them, my major concern is for the users, they need to just be careful and try to stick with the ones with integrity that cannot be questioned.

TribalBob

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DGbet.fun - Crypto Sportsbook

I always believe in binance and bittrex,
both exchanges have honesty in volume from the beginning of the emergence of the exchange,
and for other exchanges that have fake volumes they will still not have a good impact on their trade,
I'm sure of that.

zaarariba

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Quote from: werokez on April 22, 2019, 01:19:49 PM

Quote from: zaarariba on April 22, 2019, 01:12:19 PM

Quote from: werokez on April 22, 2019, 01:07:39 PM

Quote from: ficus_235 on April 22, 2019, 01:01:07 PM

Quote from: werokez on April 22, 2019, 12:52:59 PM

There are a lot of faking things in the sphere of cryptocurrency, deal with it

Guess not so much as you think

They all promise one thing, u know that right?

Ads is a separate theme, of course it’s made for make you be interested in it. But mostly advertising corresponds to quality of product itself

Maybe, but take an example

There are lots of them, examples of bad ads of non-qualitative things I guess you know it, but recently I saw kinda unconventional one:https://www.youtube.com/watch?v=s_3oQNXinko

Topic: 95% fake volume :) - page 3. (Read 3353 times)