WHEN PEOPLE SEE FAKE VOLUME ITS A RED FLAG
DEVELOPERS WAKE UP ALREADY AND DO SOMETHING ABOUT IT
What do you suggest that the developers must do about the fake volume on FatBTC? They don't have any power to stop it, because they don't run the exchange, the only thing that the developers can do is to ask the exchange to delist ECA so the project to not be associated with them in any kind. But this (the fake volume) is a good and a bad thing, a good thing is that ECA have more visibility due to the exchange position and a bad thing at the same time, as you said, people will avoid a fake volume exchange, at least the big investors.
my man They closed the bots for 1 day a week ago and FATBTC had 100 usd volume
all of the 11.000 volume is fake there all of it
now if you wanna find positivity in it you are long gone
This has to stop
Developers can't do anything regarding that unless they are the one who is running the bots because the exchange and developer both are a separate entity
Well, the team could contact CMC and ask them to look in to the issue - because on FATBTC ALL volume is Fake, and this can easily be checked. So if CMC would do its Job properly, they would not list an obviously fake exchange with all fake volume, in all coins, not just ECA...
You think that fatbtc is the only exchange with fake volume and bots? Even the biggest top 10 exchanges have it.
Now today you can see the effects of the fake volume on the price
Cryptopia has 5k real volume with its price at 7 shatoshi
FatBTC has 15k dominating the volume at 5 shatoshi driving the price down through FAKE VOLUME)
THIS IS UNACCEPTABLE AND REDICULOUS