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Topic: 95% fake volume :) - page 5. (Read 3326 times)

member
Activity: 392
Merit: 10
simply getting the job done
April 21, 2019, 12:18:07 PM
#97
It is surprising that only 10 exchange platforms have real volume. I have used Binance and Bittrex for me both are the best exchange platforms.
member
Activity: 240
Merit: 10
April 21, 2019, 12:12:04 PM
#96
I really don't believe that 95% of volume is fake, sounds like another FUD price from the bankers.  Good exchanges don't have to fake volume because they are able to bring in new customers organically.  I'm sure there are some shady ones but the same thing goes for real world business.
hero member
Activity: 924
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
April 21, 2019, 12:11:32 PM
#95
I've seen this article for a long time and every year there are articles about the fake volume of exchanges.
This is a bad action and it really does not cause a positive impact for traders. but we must also know that our crypto market still has a small market capitalization and we cannot demand high liquidity.

I think a good trader dont need to take a look at volume graph in these sites!
He will take a look at last transactions before choose the exchange to operate. But, everyone who trade for some time know exactly all the good exchanges!
Traders just search for a new one when have a new token/altcoin
full member
Activity: 560
Merit: 100
April 21, 2019, 12:07:33 PM
#94
I've seen this article for a long time and every year there are articles about the fake volume of exchanges.
This is a bad action and it really does not cause a positive impact for traders. but we must also know that our crypto market still has a small market capitalization and we cannot demand high liquidity.
sr. member
Activity: 1064
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
April 21, 2019, 11:47:09 AM
#93
For me personally, it is not a secret for a long time that the volumes on exchanges are in general drawn. This can be seen primarily on real live orders in the order book.

Yes it's no secret but at least we have reports now to validate what we have known in the past. Although we have seen this happened in 2017 when PBoC suddenly put a stop on some Chinese exchange for pulling such act before.

But as the market matures, and reports coming in, we as investors are now aware that it was indeed happening so we need to watch what trading exchanges are we going to used so that we all know that volumes are not fake and you are not in the position to be one of the victims of this fraudulent act.
To choose a more honest exchange you need to look at the real volume and the presence of a large number of users. I think that Binance is the most active in this regard, although he also draws fake volumes. In fact, the cryptocurrency is very weak and very few people are interested, especially after a half-year fall.

Yes, Binance is one of the better big players and my recommendation to everyone.
Yes, I also liked Bittrex and Poloniex. But they unfortunately lost their leading position in terms of volumes. Binance like a magnet, dragged almost all Bitcoins.
binance was supported from korean trader, as we know korean was most impressive community at this moment.they massively investing in cryptocurrency.and most of investors trust with korean projects.
Yes, I heard, Chinese investors are also enough. Maybe because the main volume is focused on Binance. OKEx in the lead also. https://coinmarketcap.com/rankings/exchanges/
member
Activity: 784
Merit: 10
https://streamies.io/
April 21, 2019, 11:41:06 AM
#92
Exchanges are always fake volumes to increase traders' excitement. If they do not do so, their exchange will be very boring and traders will be afraid that they will not be able to trade there and they will be delayed in trading. Anyway, that is the tradition of exchanges and everything still works quite well. Grin
3x2
legendary
Activity: 1526
Merit: 1004
April 21, 2019, 10:31:48 AM
#91
If someone wants it to be more regulated, Kraken is the way to go. But regulation also means you cant do less under the hood Wink
Kraken is good, but it has a hell lot of formalities. I prefer kucoin as it is a new exchange than kraken and it supports various operation which kraken dont offer. There is also st tier where you actually do not need any kyc and can withdraw a moderate amount of money.
sr. member
Activity: 840
Merit: 268
April 21, 2019, 10:28:39 AM
#90
All I know in faking volume on each coin is the coinmarketcap.com. This is why I avoid using CMC by the time I knew it is faking volumes. But, whenever I want to sell an alt I think it is a good list to see where the coin is listed.
member
Activity: 464
Merit: 10
April 21, 2019, 10:26:33 AM
#89
For me personally, it is not a secret for a long time that the volumes on exchanges are in general drawn. This can be seen primarily on real live orders in the order book.

Yes it's no secret but at least we have reports now to validate what we have known in the past. Although we have seen this happened in 2017 when PBoC suddenly put a stop on some Chinese exchange for pulling such act before.

But as the market matures, and reports coming in, we as investors are now aware that it was indeed happening so we need to watch what trading exchanges are we going to used so that we all know that volumes are not fake and you are not in the position to be one of the victims of this fraudulent act.
To choose a more honest exchange you need to look at the real volume and the presence of a large number of users. I think that Binance is the most active in this regard, although he also draws fake volumes. In fact, the cryptocurrency is very weak and very few people are interested, especially after a half-year fall.

Yes, Binance is one of the better big players and my recommendation to everyone.
Yes, I also liked Bittrex and Poloniex. But they unfortunately lost their leading position in terms of volumes. Binance like a magnet, dragged almost all Bitcoins.
binance was supported from korean trader, as we know korean was most impressive community at this moment.they massively investing in cryptocurrency.and most of investors trust with korean projects.
sr. member
Activity: 1064
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
April 21, 2019, 10:19:43 AM
#88
For me personally, it is not a secret for a long time that the volumes on exchanges are in general drawn. This can be seen primarily on real live orders in the order book.

Yes it's no secret but at least we have reports now to validate what we have known in the past. Although we have seen this happened in 2017 when PBoC suddenly put a stop on some Chinese exchange for pulling such act before.

But as the market matures, and reports coming in, we as investors are now aware that it was indeed happening so we need to watch what trading exchanges are we going to used so that we all know that volumes are not fake and you are not in the position to be one of the victims of this fraudulent act.
To choose a more honest exchange you need to look at the real volume and the presence of a large number of users. I think that Binance is the most active in this regard, although he also draws fake volumes. In fact, the cryptocurrency is very weak and very few people are interested, especially after a half-year fall.

Yes, Binance is one of the better big players and my recommendation to everyone.
Yes, I also liked Bittrex and Poloniex. But they unfortunately lost their leading position in terms of volumes. Binance like a magnet, dragged almost all Bitcoins.
member
Activity: 413
Merit: 21
April 20, 2019, 05:30:31 PM
#87
If someone wants it to be more regulated, Kraken is the way to go. But regulation also means you cant do less under the hood Wink
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
April 20, 2019, 05:27:26 PM
#86
It is surprising that only 10 top exchanges have real volume.

No it isn't. There's a long history of this starting with Gox and it hasn't let up. I don't understand what the 100% fake places hope to achieve but they don't appear to be interested in giving up and buggering off.

I still don't get the relentless Binance fawning. People are far too confident in a platform that's only a couple of years old, ignores the laws of multiple jurisdictions, is not regulated and keeps the location of its servers a secret.
member
Activity: 413
Merit: 21
April 20, 2019, 05:20:19 PM
#85
For me personally, it is not a secret for a long time that the volumes on exchanges are in general drawn. This can be seen primarily on real live orders in the order book.

Yes it's no secret but at least we have reports now to validate what we have known in the past. Although we have seen this happened in 2017 when PBoC suddenly put a stop on some Chinese exchange for pulling such act before.

But as the market matures, and reports coming in, we as investors are now aware that it was indeed happening so we need to watch what trading exchanges are we going to used so that we all know that volumes are not fake and you are not in the position to be one of the victims of this fraudulent act.
To choose a more honest exchange you need to look at the real volume and the presence of a large number of users. I think that Binance is the most active in this regard, although he also draws fake volumes. In fact, the cryptocurrency is very weak and very few people are interested, especially after a half-year fall.

Yes, Binance is one of the better big players and my recommendation to everyone.
sr. member
Activity: 1064
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
April 20, 2019, 04:22:49 PM
#84
For me personally, it is not a secret for a long time that the volumes on exchanges are in general drawn. This can be seen primarily on real live orders in the order book.

Yes it's no secret but at least we have reports now to validate what we have known in the past. Although we have seen this happened in 2017 when PBoC suddenly put a stop on some Chinese exchange for pulling such act before.

But as the market matures, and reports coming in, we as investors are now aware that it was indeed happening so we need to watch what trading exchanges are we going to used so that we all know that volumes are not fake and you are not in the position to be one of the victims of this fraudulent act.
To choose a more honest exchange you need to look at the real volume and the presence of a large number of users. I think that Binance is the most active in this regard, although he also draws fake volumes. In fact, the cryptocurrency is very weak and very few people are interested, especially after a half-year fall.
hero member
Activity: 2842
Merit: 772
April 20, 2019, 03:27:10 PM
#83
For me personally, it is not a secret for a long time that the volumes on exchanges are in general drawn. This can be seen primarily on real live orders in the order book.

Yes it's no secret but at least we have reports now to validate what we have known in the past. Although we have seen this happened in 2017 when PBoC suddenly put a stop on some Chinese exchange for pulling such act before.

But as the market matures, and reports coming in, we as investors are now aware that it was indeed happening so we need to watch what trading exchanges are we going to used so that we all know that volumes are not fake and you are not in the position to be one of the victims of this fraudulent act.
sr. member
Activity: 1064
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
April 20, 2019, 03:20:17 PM
#82
For me personally, it is not a secret for a long time that the volumes on exchanges are in general drawn. This can be seen primarily on real live orders in the order book.
full member
Activity: 602
Merit: 111
April 20, 2019, 02:58:06 PM
#81
I think it is because of fraud people doing and cheating the new people very easily but you need to be careful when we are enter into this field very newly and choosing the investment and trading but if we clear about what we are doing it will be really easy to find out which is the fake.
hero member
Activity: 2842
Merit: 772
April 20, 2019, 02:42:06 PM
#80
It is surprising that only 10 top exchanges have real volume. 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.

Lol, Digifinex? one of the worst exchanges I have experience so I advise you to stay away. Not only bots but volumes are really fake, I have witnessed it multiply times already.

As far as Binance goes, that's why they are the number one exchanges right now, they're protecting their reputations by not allowing fake volumes on their exchanges.
member
Activity: 392
Merit: 10
simply getting the job done
April 20, 2019, 01:04:30 PM
#79
It is surprising that only 10 top exchanges have real volume. 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.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
April 19, 2019, 03:23:18 PM
#78
This has a negative effect on traders because they are just fooled despite aiming for a good profit. That's also the reason why I stopped checking on CMC because most of the information I see isn't reliable. Sometimes, it's their strategy to attract more traders and investors.
https://coinmarketcap.com/ provide the right information, only exchanges are not providing the right information.
Based on the link from OP, only 10 exchanges give real trading volume and the rest are faking, but it did not affect a lot on the entire trading volume as those who are faking their volume are just small exchanges, we know what exchange to trust, we should only trade with them.

The data that we see are not all accurate, hence it's necessary that we analyze it also.
Analyzing exchange is very in need, there's  a lots of possibilities why exchange is faking their volumes, but the very reasons is to attract traders and investors attentions, now as an investors, we needed to make sure doing our hoe work first before start dealing with exchange, especially those new
and small exchange where manipulations can be done easily.
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