Market Volume - page 3. | Bitcointalksearch.org

rizkyhiw

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Quote from: glowing10 on March 19, 2019, 01:08:45 AM

Quote from: jvdp on March 18, 2019, 08:39:34 AM

Quote from: p1n1geliai on March 17, 2019, 07:48:45 AM

The volume has been unusually high for the past few weeks. Do you think wash trading with USDT is taking place? Any other thoughts of what's happening?

Yup it is happening in the market. Even circulation also increased a bit in the exchange I use everytime. Always looking to have the demand and price bullrun in the market.
If this market volume bring such growth means I will be really happy about the future growth.

If this continues to happen it will be a good sign that buying is on rising trend and will lead to higher demand of the coins and eventually the price will continue to rise. This is the best case for people to buy now when the price is on lower end and make money during the rise.

I don't see the market conditions as easy as that because we haven't been able to get up completely because there are still extensive corrections, it's very difficult to convince people now because they are still traumatized with a very long decline, maybe need some very great stories out there to attract broad, we will still hold on to this price for a while to come out in a bearish position, it requires a lot of encouragement from various parties, everything can happen between manipulation or whatever, but I don't care about this situation because the future is still long to grow again like last year's heyday.

mindrust

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Quote from: Altero on March 19, 2019, 12:22:51 PM

It is just a technical error or they have that intention to fake volume to make more attractive into the trader's eyes? If you are new in crypto trading, it absolutely be fooled with this and even invest into that certain coin. How come the owner's of that exchanges never notice that earlier? It maybe they have a plan for this and tried to look for victims. It is an awareness for everyone, better to be vigilant and never give a strike without reviewing feedbacks.

The latter.

They are trying to fool the noobs.

Google this: "coinbene scam" or "coinbene fake volume"

There are many topics about this issue.

It is not just coinbene btw but almost every Chinese exchange out there.

The link Kemarit has posted is very helpful. You should see it.

The real daily trading volume of BTC should be no more than a billion dollars. (and a couple of hundred millions for ETH, maybe even less)

Coin Market Cap is as guilty as those exchanges for listing them.

https://www.reddit.com/r/CryptoCurrency/comments/8tt29q/binance_exchange_drops_to_third_place_coinbene/

Seriously...

The fuck is Coinbene?

Altero

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It is just a technical error or they have that intention to fake volume to make more attractive into the trader's eyes? If you are new in crypto trading, it absolutely be fooled with this and even invest into that certain coin. How come the owner's of that exchanges never notice that earlier? It maybe they have a plan for this and tried to look for victims. It is an awareness for everyone, better to be vigilant and never give a strike without reviewing feedbacks.

Kemarit

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Quote from: mindrust on March 19, 2019, 01:22:31 AM

It is mostly wash trading/fake volume now.

Check this out:
~ snip ~

There isn't a single well-known exchange among the top 25 exchanges with the biggest USD/BTC trading volume. The first legit exchange is Binance and they are on the 32nd spot.

The biggest one is Coinbene and I am yet to hear/see a person who's using it and CMC is still listing those fake exchanges.

CMC is corrupt. Don't take your data from CoinMarketCap. They are SCAM.

Exactly. I just replied to another thread about this whole market or volume trading indication. It's very misleading and I'm sure one reason is those exchanges are doing wash trading. You just have to read this report to really see who's who in faking their trading volume. And funny thing you mentioned Coinbene as they're on the top spot. (https://www.blockchaintransparency.org/)

mindrust

legendary

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It is mostly wash trading/fake volume now.

Check this out:

There isn't a single well-known exchange among the top 25 exchanges with the biggest USD/BTC trading volume. The first legit exchange is Binance and they are on the 32nd spot.

The biggest one is Coinbene and I am yet to hear/see a person who's using it and CMC is still listing those fake exchanges.

CMC is corrupt. Don't take your data from CoinMarketCap. They are SCAM.

glowing10

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Quote from: jvdp on March 18, 2019, 08:39:34 AM

Quote from: p1n1geliai on March 17, 2019, 07:48:45 AM

The volume has been unusually high for the past few weeks. Do you think wash trading with USDT is taking place? Any other thoughts of what's happening?

Yup it is happening in the market. Even circulation also increased a bit in the exchange I use everytime. Always looking to have the demand and price bullrun in the market.
If this market volume bring such growth means I will be really happy about the future growth.

If this continues to happen it will be a good sign that buying is on rising trend and will lead to higher demand of the coins and eventually the price will continue to rise. This is the best case for people to buy now when the price is on lower end and make money during the rise.

btc_angela

hero member

Activity: 2660

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Quote from: Hamphser on March 18, 2019, 03:54:18 PM

Quote from: HODL2090 on March 18, 2019, 03:46:01 PM

Would have been helpful to include links on your post as that will help us analyse better. Some exchanges use fake volumes to attract more investors to their site, but there are also those with legitimate figures. The problem is sites like CMC aggregate the entire figures to create the owns, and it can sometimes be misleading.

Links isnt necessary yet the thing he do said is only based up with his own observation.Market volume did really rise up and we do see some circulation
but this isnt mean that its already washing up.Theres no enough indication that this bearish market is coming to an end.

Correct, there some spike in volume recently, including bitcoin. But at this point, the price seems to be stagnant, so probably trading could be a good gauge as well. There are some OTC transactions as well, they are not recorded so we will never really know the exact volumes. So yes, even though we wanted to see the bearish trend come to an end because volumes are picking, it is still not the case at this point.

Hamphser

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Quote from: HODL2090 on March 18, 2019, 03:46:01 PM

Would have been helpful to include links on your post as that will help us analyse better. Some exchanges use fake volumes to attract more investors to their site, but there are also those with legitimate figures. The problem is sites like CMC aggregate the entire figures to create the owns, and it can sometimes be misleading.

Links isnt necessary yet the thing he do said is only based up with his own observation.Market volume did really rise up and we do see some circulation
but this isnt mean that its already washing up.Theres no enough indication that this bearish market is coming to an end.

HODL2090

member

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Would have been helpful to include links on your post as that will help us analyse better. Some exchanges use fake volumes to attract more investors to their site, but there are also those with legitimate figures. The problem is sites like CMC aggregate the entire figures to create the owns, and it can sometimes be misleading.

Jating

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Quote from: p1n1geliai on March 17, 2019, 07:48:45 AM

The volume has been unusually high for the past few weeks. Do you think wash trading with USDT is taking place? Any other thoughts of what's happening?

Hard to say, but we all know that wash trading has been practice but a lot of exchanges, so I wouldn't be surprised if that is one factor for this unusual high volume trading. Others have said that this is an indication that the bull are taking over, but so far the price is still pegged at $4k per BTC.

So definitely, we are not yet out for the control of the bears as of this very moment.

jvdp

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Quote from: p1n1geliai on March 17, 2019, 07:48:45 AM

The volume has been unusually high for the past few weeks. Do you think wash trading with USDT is taking place? Any other thoughts of what's happening?

Yup it is happening in the market. Even circulation also increased a bit in the exchange I use everytime. Always looking to have the demand and price bullrun in the market.
If this market volume bring such growth means I will be really happy about the future growth.

boyptc

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I rely mostly with the news articles that comes up with their analysis about wash trading. As per checking, I haven't seen that there's a coverage for it.

Quote from: p1n1geliai on March 17, 2019, 07:48:45 AM

Any other thoughts of what's happening?

Bear's still taking place.

p1n1geliai

newbie

Activity: 1

Merit: 0

The volume has been unusually high for the past few weeks. Do you think wash trading with USDT is taking place? Any other thoughts of what's happening?

Topic: Market Volume - page 3. (Read 703 times)