I suppose it's possible, but that would be a very risky move for exchanges. I mean, if an exchange starts "printing" bitcoins that it doesn't have coverage for, what happens if all its clients start withdrawing bitcoins to their private wallets?
Yup it’s definitely possible, and the OP also mentioned about the same that already few exchanges doing this shaddy thing
I mean not the popular exchanges are doing this, so why the hell you want to trade on these petty scam exchanges?
I know the scams won’t stop, but yes we can avoid it right. I also heard about this same thing few weeks ago. But what what to do regarding this?
It’s better if we keep out support for trading exchanges till Binance and Kucoin.
This is nonsense, but it's reality, if they circulate fake bitcoins only on small exchanges, why don't we report this, rummage the exchange, luckily I never use small exchanges, at least I prefer to trade on Binance, Bittrex, Poloniex , this third market is safe enough for me to buy bitcoins, and it's a shame in my opinion that there is such a thing, whether it aims to bring down bitcoin's popularity in the eyes of the public, or is it just an accomplished scammer who wants to get money instantly...