If you trade on any exchange other than the top exchanges you will obviously see the fake volumes...
As for manipulation, when something can pump 1000% and end the year -70% there is something fishy going on.
Anyone who is anyone trading will notice how jacked most exchanges are.
Topic: Is crypto industry manipulated? How bad is it? - page 3. (Read 916 times)
Yes , its is extremely manipulated by everyone including influencers, exchanges , whales, traders, bots to name few. Its not regulated by government , and even if it was still it can be manipulated in different ways. Rich always manipulate with many ways , they influence in medias talk and then let people who follows them go for it. People are complete ignorant and follow any influencers like in a blind eye , well most people do.
The so called early adopters who think and behave like they know every single thing about crypto use their experience to manipulate the peoples brain in thinking whatever they talk or show is the best one. That is how people follows them and then in the end lose everything .
Exchanges manipulates and do fake numbers big time to show very big volumes. And traders and others falls for it , that's how they grab the attention .
The so called early adopters who think and behave like they know every single thing about crypto use their experience to manipulate the peoples brain in thinking whatever they talk or show is the best one. That is how people follows them and then in the end lose everything .
Exchanges manipulates and do fake numbers big time to show very big volumes. And traders and others falls for it , that's how they grab the attention .
Blockchain24.co have posted an interview with Joshua Frank, the TIE’s CEO, about cryptocurrency manipulations. TIE is monitoring the case of fake trading volumes, and according to Frank, this is a very common practice for many exchanges. He also lists many other cases of frauds in crypto industry.
Looks like condition of out industry is not in the best shape.
Looks like condition of out industry is not in the best shape.
Manipulation is existent to a certain extent. Even the value of Bitcoin is susceptible to manipulation given the fact that there are very rich investors. They could easily affect the price with their billions, even millions. However, we cannot say that they are really the one who dictates the whole market. Volumes are also faked in some crypto exchanges. But steps are already done to iron that out.
all markets are manipulated. but crypto is down to its knees but those who are on top of the chain are going to make the new comers suffer for loss in years before they can finally make it. whales are not just early investors but those who are from the old market who had the money to even create their own exchange. if you can last to hold your coins, it be best to just enjoy the ride or just not touch the coin til you cash it out.
Manipulating the market requires super-large costs, and cannot be done alone. If there really is such an organization it should have been tracked for a long time, and I hope this is just a matter of concern.
You can make a lot of USDt at low cost and buy as much bitcoin as you want with it. Then you can use it to crash leveraged positions at the same time leveraging with your real money.
Bitcoin markets are very easy to manipulate because centralized stablecoins with unknown % of backing exist and exchanges can play and even make money on leveraged trades with their client's coins. Many businesses lost by doing that and had to fake hacks and run with what they had left.
Manipulating the market requires super-large costs, and cannot be done alone. If there really is such an organization it should have been tracked for a long time, and I hope this is just a matter of concern.
I think the coin manipulation in the cryptocurrency market is happening, but it focuses on small trading coins and on small Exchange. The cryptocurrency market is getting bigger and bigger so I believe that manipulation will gradually disappear.There are whales, they have a lot of coins, they can place buy orders low at a certain price, short on a site, dump coins and buy up at the lower price while making their short and all at mass volume, thing is as buying increases i expect more and more whales to disappear.
That's not manipulation in crypto. Nowhere is that particular practice of trading referred to as such, and as long as that isn't the case these trades are legit.
People need to grow a thicker skin. Whales by default have the ability to move this market due to the thin orderbooks, but that doesn't mean it's manipulation. Also, "manipulation" to the up side is not a problem at all for people, just when it goes down. Makes sense right? That to me is a clear indication that people still don't know when to enter.
Any market can be manipilated so I wouldn't be surprised if crypto can also.
Blockchain24.co have posted an interview with Joshua Frank, the TIE’s CEO, about cryptocurrency manipulations. TIE is monitoring the case of fake trading volumes, and according to Frank, this is a very common practice for many exchanges. He also lists many other cases of frauds in crypto industry.
Looks like condition of out industry is not in the best shape.
Yeah, faking trading volumes is old news already, there's been a lot of info on this matter months ago. I think it's true that many exchanges report fake volume to get higher on the list and attract more customers. However, I don't think they can do much apart from it. Like, they can fake the volumes, but now affect the price dynamics this way. It's weird that it's so easy to do that with Bitcoin, I mean all of the transactions are public... But I guess the system is not perfect yet, and there's no mechanism that would check the blockchain transactions and make reports of trading volume based on real transactions. Looks like condition of out industry is not in the best shape.
Blockchain24.co have posted an interview with Joshua Frank, the TIE’s CEO, about cryptocurrency manipulations. TIE is monitoring the case of fake trading volumes, and according to Frank, this is a very common practice for many exchanges. He also lists many other cases of frauds in crypto industry.
Looks like condition of out industry is not in the best shape.
I think that's a natural thing, don't be surprised by that. trade is a field of money for the rich. they will look for a small market from a currency or crypto, then invest in a large amount, control the market and manipulate it. actually anyone with big big capital and great knowledge about market can manipulate the market Looks like condition of out industry is not in the best shape.
Manipulating the market requires super-large costs, and cannot be done alone. If there really is such an organization it should have been tracked for a long time, and I hope this is just a matter of concern.
he is right.everybody knows that every exchanges especially small companies use bots and fake volume.and they are also manipulated by whales ofcourse.all i have to do is follow the trend.
There are whales, they have a lot of coins, they can place buy orders low at a certain price, short on a site, dump coins and buy up at the lower price while making their short and all at mass volume, thing is as buying increases i expect more and more whales to disappear.
yes, the "industry" is filled with manipulation and scams. for example the company they are quoting here that is talking about manipulation (TIE) is scamming itself. they rehash something that was discussed a lot of times, come up with a bunch of random numbers out of thin air and throw it at people as if it is real and gained after proper research! and then they start selling their crap services to gullible people and take their money while throwing more random fake numbers at them.
scam is also these random news sites that keep popping up every day that are quoting these scam random companies that also are popping up like mushrooms.
as for exchanges, them reporting fake trading volume is not manipulation of the market! market manipulation exists, to some extent in bitcoin and on a much larger scale in altcoin market but this is not it.
scam is also these random news sites that keep popping up every day that are quoting these scam random companies that also are popping up like mushrooms.
as for exchanges, them reporting fake trading volume is not manipulation of the market! market manipulation exists, to some extent in bitcoin and on a much larger scale in altcoin market but this is not it.
Blockchain24.co have posted an interview with Joshua Frank, the TIE’s CEO, about cryptocurrency manipulations. TIE is monitoring the case of fake trading volumes, and according to Frank, this is a very common practice for many exchanges. He also lists many other cases of frauds in crypto industry.
Looks like condition of out industry is not in the best shape.
Looks like condition of out industry is not in the best shape.
this is a very new market and is a market that is not yet regulated, to have a notion, in my country there is no exchange made by people from my country and no have exchange made by people of my country that it is possible that the people of my country buy bitcoin using their cards of debit and many countries are in the same situation, how will the exchanges not manipulate the volume? the market is still very small and there are many exchanges competing in a small market. The big exchanges that offer better services, take all the cake
and about coinmarketcap
CoinMarketCap and Crypto Briefing Introduce New Analysis Product
DATA Ultimatum: CoinMarketCap Requests More Information From Exchanges to Make Market More Transparent
They are striving to make things better.
Ever heard that cryptocurrency is decentralized that's to say it's the boss of its own, pays no respect to any one so cryptocurrency is sure not manipulated. In as much as there has been scramble to get a hold of it to no positive results making some countries to ban it
If you think otherwise then I guess you need to have your eyes checked. Crypto industry is heavily manipulated even up to now with regulations in placed to prevent wash trading and other sorts of illegal trading practices evident from the whole scene. I don't think it will change anytime sooner, even if regulators guard the market 24/7. Exchanges are benefiting from it, so why would they try and prevent such activities from happening knowing that it gives them profit and a huge volume to attract more customers? Heck, even some exchanges are involved in volume padding/faking just to tell the world how 'liquid' their platform is.
Blockchain24.co have posted an interview with Joshua Frank, the TIE’s CEO, about cryptocurrency manipulations. TIE is monitoring the case of fake trading volumes, and according to Frank, this is a very common practice for many exchanges. He also lists many other cases of frauds in crypto industry.
Looks like condition of out industry is not in the best shape.
Looks like condition of out industry is not in the best shape.
I always don't wish to see the centralised business peoples news for press release about cryptocurrency. They will never locate the share market shares with the manipulation and simply coming here and telling cryptotrade are manipulating in the marketplace.
I will never say true people sir man plating the price actually these centralised business giants only manipulating the price for their own convenient...
Yeah it possible to manipulate the price and volume in crypto market, exchanger or whales can manipulate it to get profit from the people who don't know about the trading technical or fundamental. Its very bad if we get manipulated, can't avoid our losses and can't get recover from that price manipulating. Be smart for small investor when you enter the market, i advice to using top exchange to minimize "cheating" trade.
Blockchain24.co have posted an interview with Joshua Frank, the TIE’s CEO, about cryptocurrency manipulations. TIE is monitoring the case of fake trading volumes, and according to Frank, this is a very common practice for many exchanges. He also lists many other cases of frauds in crypto industry.
Looks like condition of out industry is not in the best shape.
Bad because this is fooling people here in crypto,this has been the issue I have seen for my years here,from whales manipulating the market price of some coins and some exchangers faking the trading volume.but what can we do about this?we re only small investors that cannot protect even our own currencies.but of We will be vigilant and active and also work together!?Maybe we can have chances of saving the crypto from this damn humans manipulating our market Looks like condition of out industry is not in the best shape.
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