Author

Topic: Market Volume (Read 703 times)

hero member
Activity: 1082
Merit: 502
April 01, 2019, 03:04:20 PM
#53
The volume can always increase due to two main reasons - either this may indicate that a price increase should happen in the near future, or vice versa - the price will fall. I am optimistic about the situation and tend to the fact that all the same we are expecting a quick price increase.
legendary
Activity: 2618
Merit: 1181
March 31, 2019, 10:20:46 AM
#52
IEO is only going to make it a little harder to scam and in a short time it will not do that anymore too. it will turn into IEO will make it cost more to scam people as they now have to bribe the exchanges to list their token so that they can scam people through their platform.

in the end whether they scam or not doesn't matter as long as they are raising funds to do nothing but release a token that is completely useless!

A reputable exchange would not allow this to happen, if most of the tokens that was raised in their platform will fail, it will affect their reputation.
They will not only accept money, but they will also conduct an investigation on those who wants to raised funds using their platform.
I think that thinking about a system like that is impossible to do by a platform because it is very risky for not a reputation, but it also affects public trust that will synthesize a program on the platform....
Just afraid if IEO token success, but after that developer not develop their project well. I mean, it is not about to help investor trust project that use their platform but when investor feel safe too when it launched to market.
full member
Activity: 560
Merit: 100
March 31, 2019, 09:06:47 AM
#51
IEO is only going to make it a little harder to scam and in a short time it will not do that anymore too. it will turn into IEO will make it cost more to scam people as they now have to bribe the exchanges to list their token so that they can scam people through their platform.

in the end whether they scam or not doesn't matter as long as they are raising funds to do nothing but release a token that is completely useless!

A reputable exchange would not allow this to happen, if most of the tokens that was raised in their platform will fail, it will affect their reputation.
They will not only accept money, but they will also conduct an investigation on those who wants to raised funds using their platform.
I think that thinking about a system like that is impossible to do by a platform because it is very risky for not a reputation, but it also affects public trust that will synthesize a program on the platform....
legendary
Activity: 2968
Merit: 3684
Join the world-leading crypto sportsbook NOW!
March 31, 2019, 06:59:51 AM
#50
According to the book of Enrique Valdecantos, the injection of institutional money can represent one of the first laws that Wyckoff proposes and fulfills in the market, which is: Law of Effort-Result, which, Strong Hands raise price with a high volume to verify the offer, see if they can test the zones with different prices.

But what most of these people on the sidelines are waiting for is in fact the entrance of new institutional money. Taking into account Strong Hands would take the assumption that institutional money is already inside, but that they will now continue to accumulate, and when that accumulation starts in a cyclical period of intensity, that's when the Result begins to show.

If you believe in the strong hands and accumulation theories, then you surely can't believe we're still waiting for institutional money.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
March 30, 2019, 10:59:43 PM
#49
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?

According to the book of Enrique Valdecantos, the injection of institutional money can represent one of the first laws that Wyckoff proposes and fulfills in the market, which is: Law of Effort-Result, which, Strong Hands raise price with a high volume to verify the offer, see if they can test the zones with different prices.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
March 30, 2019, 01:37:21 AM
#48
IEO is only going to make it a little harder to scam and in a short time it will not do that anymore too. it will turn into IEO will make it cost more to scam people as they now have to bribe the exchanges to list their token so that they can scam people through their platform.

in the end whether they scam or not doesn't matter as long as they are raising funds to do nothing but release a token that is completely useless!

A reputable exchange would not allow this to happen, if most of the tokens that was raised in their platform will fail, it will affect their reputation.
They will not only accept money, but they will also conduct an investigation on those who wants to raised funds using their platform.
legendary
Activity: 1946
Merit: 1137
March 30, 2019, 01:17:14 AM
#47
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?

Even today the trend has been so good and yes the market is moving healthy when looking at the market of last two weeks  The market volume of top coins have been so high in the best exchanges. Feel much happier when looking at it as a trader.  Volume of each coin has increased. Hence, just choose the best coins with high volumes and trade in the best exchanges.

Definitely this is one of the factor that drive money in the market.
The IEO will ensure investors that they will not be scam, and it's just timely for all of us because the market is down and this helps for the recovery.
Even if we don't invest, but this will lead to a positive result for the general market.

IEO is only going to make it a little harder to scam and in a short time it will not do that anymore too. it will turn into IEO will make it cost more to scam people as they now have to bribe the exchanges to list their token so that they can scam people through their platform.

in the end whether they scam or not doesn't matter as long as they are raising funds to do nothing but release a token that is completely useless!
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
March 29, 2019, 11:18:28 PM
#46
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?

Even today the trend has been so good and yes the market is moving healthy when looking at the market of last two weeks  The market volume of top coins have been so high in the best exchanges. Feel much happier when looking at it as a trader.  Volume of each coin has increased. Hence, just choose the best coins with high volumes and trade in the best exchanges.

Definitely this is one of the factor that drive money in the market.
The IEO will ensure investors that they will not be scam, and it's just timely for all of us because the market is down and this helps for the recovery.
Even if we don't invest, but this will lead to a positive result for the general market.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
March 29, 2019, 05:38:42 PM
#45
I am not thinking about that, I only think that it's because at this time, people feel that the bear is almost gone and they are
again interested in trading. Actually though the price hasn't rise as we expected, but this movement is good for us since it could build a good momentum.
No, majority doesn't think that the bear is almost gone.

About the momentum that you have said is correct. We're on that moment of the market that it's a do or die, recover or fall more. We have fallen for so long (including the past) and still waiting for that moment of retrieval.
hero member
Activity: 1008
Merit: 501
March 29, 2019, 03:56:00 PM
#44
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?
It is not so strange that the volume of crypto market is increasing very much because we have a lot of investors coming onboard to the crypto space. Remember that IEO is now one of the new trend in the crypto world and it's a major way we are going to see a growth in the market volume because this IEO are conducted by exchanges and this exchanges gives api access to coinmarketcap so that they can pull data from their exchanges.
hero member
Activity: 1078
Merit: 501
March 28, 2019, 01:58:15 PM
#43
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?
I am not thinking about that, I only think that it's because at this time, people feel that the bear is almost gone and they are
again interested in trading. Actually though the price hasn't rise as we expected, but this movement is good for us since it could build a good momentum.
Yeah bear market has gone and now people are well interested in trading price in market is improving slowly every day, more and more investment are taking place which is positive sign about future high rate market, to be honest I was expecting this much rise in price because I know crypto currency has huge potential to make progress.
sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
March 27, 2019, 04:45:10 PM
#42
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?

Even today the trend has been so good and yes the market is moving healthy when looking at the market of last two weeks  The market volume of top coins have been so high in the best exchanges. Feel much happier when looking at it as a trader.  Volume of each coin has increased. Hence, just choose the best coins with high volumes and trade in the best exchanges.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
March 27, 2019, 12:07:11 PM
#41
Its quite unfortunate and misleading seeing these investors connived with exchanges to wash trade this is a subtle way of deceiving traders and potential investors and this is absolutely uncalled for I was surprised to see some unusual spike of the candlesticks in some charts I analyzed I was wondering what could have warranted such an unusual move I was later convinced that its some sort of manipulations which I believed was an intentional move by the parties involved.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
March 27, 2019, 07:26:59 AM
#40
Then if the volume is high than the past few weeks, it will be a good time for crypto to wake up from the bottom. Maybe soon, we will see an increasing of the price and the market will still on the way to recovery. In that time, the bear market will be ended, and the bull market will come to us. But we need to be sure for this and don't make a fast decision or making a mistake because of the market right now still unpredictable.
hero member
Activity: 2814
Merit: 576
March 27, 2019, 12:22:06 AM
#39
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?
I am not thinking about that, I only think that it's because at this time, people feel that the bear is almost gone and they are
again interested in trading. Actually though the price hasn't rise as we expected, but this movement is good for us since it could build a good momentum.
legendary
Activity: 3080
Merit: 1353
March 26, 2019, 07:22:09 PM
#38
Exchanges have been faking volume, this is a known fact.  Even coinmarketcap isn't right so no one can really get an accurate reading on the real volume.  This is why you should never trust shitcoins that appear to be liquid when in reality they have no true volume to support sell orders.

~ snip ~
For experienced eyes, then we would able to spot out that these are all fake volumes.This is why when i do see some spike or changes i do usually check out the exchange and look out
for that volume but all of the time they are all just the same. All is fake, therefore we cant really trust anytime on any info or stats being posted.

Yep, that's why we really need to give warnings to newbies who frequented this forum. I'm sure a lot of people are checking this forum like everyday, and hopefully though, they can read what we guys are trying to preach in this community. Never trust any numbers out there, better check everything for you so that you won't be trapped, and worst, lose money early in this market.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
March 26, 2019, 06:01:18 PM
#37
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.
Also my thought, making good price makes traders attracted to buy. There might be manipulation happening in the price, it's been too long since the have shown sudden change in price. It will take more time to really see a legit bull run, so while the price is still not to high it's better to accumulate more of it's volume and then hold it for longer period of time. Just be sure that you won't store it on exchange but in a secure wallet a hardware wallet or an open source wallet like Hodelr wallet which is the only fully open source multiwallet available.
It really needs to have a patience in order to make gains with our investment. The current market trends never give such thing to us and we shall have to extend our patience. Having it stored in hardware wallet will give its best keep rather than in online wallets.

Gonna be looking that market volume will have to move and making price will be moving also. If investors will put their money back into crypto especially for bitcoin, it gonna be happen again as prices depending on the market volume.
full member
Activity: 644
Merit: 113
March 26, 2019, 05:21:40 PM
#36
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.
Also my thought, making good price makes traders attracted to buy. There might be manipulation happening in the price, it's been too long since the have shown sudden change in price. It will take more time to really see a legit bull run, so while the price is still not to high it's better to accumulate more of it's volume and then hold it for longer period of time. Just be sure that you won't store it on exchange but in a secure wallet a hardware wallet or an open source wallet like Hodelr wallet which is the only fully open source multiwallet available.
hero member
Activity: 1078
Merit: 501
March 26, 2019, 02:06:41 PM
#35
Many exchanges have fake volumes. Coinbene and Okex are not only ones, take a look at HitBTC https://shitcoinoffering.com/hitbtc-exchange-mcafee-tolls/

~snip~
Very informative though, I think the shadiest exchanges will do that to encourage some traders(users) to use their trading sites. Fakes volume are commonly they are used now, trust only exchange that those trustworthy that you know their volumes already.
However, on another side. Maybe those traders used a tool during their trading activity and the trading bot can increase volume without changing the price, in my own.

A lot of reports have been surfacing around saying that indeed exchanges have manipulated their volumes in their favour. Maybe they want to show noobs that indeed their exchanges have lots of volumes and they should trade on them.

Manipulators, speculators, bots master manipulators are everywhere. And they can do everything they want because we are in a free-market. What I'm trying to say is that we really need to be very careful if we wanted to win in this game.
That is really enticing for new comers as they are easily to be fooled by them. But it came into the point that we are mostly aware for this scenarios and it believe that they won't succeed for their real intentions.
By making this strategy, it will never give a good reputation with them instead it will bring them down into zero traders.
No mate it will rise even more than this, we will have to trust the abilities of our investment so that we can make progress, giving up is the worst thing an investors can do because most of time people lose patience and hope when the price falls, according to market analization price will be high very soon so only patience can help us though.
sr. member
Activity: 882
Merit: 269
March 26, 2019, 12:30:34 PM
#34
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.

Any other thoughts of what's happening?
Bear's still taking place.
That is truth,  the bear are still holding ground and there are taking advantage of the deep dump to make bitcoin remain low.  I think we are not going to see where big volumes are transmitted to big bullish trend. We just need to keep watching and see what happens next.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
March 25, 2019, 09:43:55 PM
#33
Many exchanges have fake volumes. Coinbene and Okex are not only ones, take a look at HitBTC https://shitcoinoffering.com/hitbtc-exchange-mcafee-tolls/

~snip~
Very informative though, I think the shadiest exchanges will do that to encourage some traders(users) to use their trading sites. Fakes volume are commonly they are used now, trust only exchange that those trustworthy that you know their volumes already.
However, on another side. Maybe those traders used a tool during their trading activity and the trading bot can increase volume without changing the price, in my own.

A lot of reports have been surfacing around saying that indeed exchanges have manipulated their volumes in their favour. Maybe they want to show noobs that indeed their exchanges have lots of volumes and they should trade on them.

Manipulators, speculators, bots master manipulators are everywhere. And they can do everything they want because we are in a free-market. What I'm trying to say is that we really need to be very careful if we wanted to win in this game.
That is really enticing for new comers as they are easily to be fooled by them. But it came into the point that we are mostly aware for this scenarios and it believe that they won't succeed for their real intentions.
By making this strategy, it will never give a good reputation with them instead it will bring them down into zero traders.
full member
Activity: 1316
Merit: 126
March 25, 2019, 06:30:22 PM
#32
Many exchanges have fake volumes. Coinbene and Okex are not only ones, take a look at HitBTC https://shitcoinoffering.com/hitbtc-exchange-mcafee-tolls/

You have given us good site where almost people are getting information about market but now a day market is itself getting high now people are involving and price is improving day by day, I think in 2019 market will improve allot and volume of crypto currency is getting better day by day because of international level adoption.
Very informative though, I think the shadiest exchanges will do that to encourage some traders(users) to use their trading sites. Fakes volume are commonly they are used now, trust only exchange that those trustworthy that you know their volumes already.
However, on another side. Maybe those traders used a tool during their trading activity and the trading bot can increase volume without changing the price, in my own.
Firstly we should consider exchanges reputation to know exactly its legitimacy and we are sure the security of our wallet and funds. Cause we don't want to their victims and falls into the net of losing, thus we need to be more watchful with the market condition and spend time to troll other exchanges to find the best one and the one that can be trusted.
copper member
Activity: 1050
Merit: 294
March 25, 2019, 02:43:58 PM
#31
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?

Wash trading has become too common in newly build/launched exchanges to seek public attention.
These exchanges are misleading the users by manipulating the price and that's really strange that still people are using these fraudulent exchanges.


Really helpful report, thanks for sharing it.
hero member
Activity: 2842
Merit: 772
March 24, 2019, 10:47:45 AM
#30
Many exchanges have fake volumes. Coinbene and Okex are not only ones, take a look at HitBTC https://shitcoinoffering.com/hitbtc-exchange-mcafee-tolls/

You have given us good site where almost people are getting information about market but now a day market is itself getting high now people are involving and price is improving day by day, I think in 2019 market will improve allot and volume of crypto currency is getting better day by day because of international level adoption.
Very informative though, I think the shadiest exchanges will do that to encourage some traders(users) to use their trading sites. Fakes volume are commonly they are used now, trust only exchange that those trustworthy that you know their volumes already.
However, on another side. Maybe those traders used a tool during their trading activity and the trading bot can increase volume without changing the price, in my own.

A lot of reports have been surfacing around saying that indeed exchanges have manipulated their volumes in their favour. Maybe they want to show noobs that indeed their exchanges have lots of volumes and they should trade on them.

Manipulators, speculators, bots master manipulators are everywhere. And they can do everything they want because we are in a free-market. What I'm trying to say is that we really need to be very careful if we wanted to win in this game.
full member
Activity: 938
Merit: 105
March 22, 2019, 02:03:03 PM
#29
Many exchanges have fake volumes. Coinbene and Okex are not only ones, take a look at HitBTC https://shitcoinoffering.com/hitbtc-exchange-mcafee-tolls/

You have given us good site where almost people are getting information about market but now a day market is itself getting high now people are involving and price is improving day by day, I think in 2019 market will improve allot and volume of crypto currency is getting better day by day because of international level adoption.
Very informative though, I think the shadiest exchanges will do that to encourage some traders(users) to use their trading sites. Fakes volume are commonly they are used now, trust only exchange that those trustworthy that you know their volumes already.
However, on another side. Maybe those traders used a tool during their trading activity and the trading bot can increase volume without changing the price, in my own.
sr. member
Activity: 2618
Merit: 439
March 22, 2019, 01:37:36 PM
#28
Many exchanges have fake volumes. Coinbene and Okex are not only ones, take a look at HitBTC https://shitcoinoffering.com/hitbtc-exchange-mcafee-tolls/

It feels like this is their strategy to look attractive to the traders and feels that they could get money in this way.  Now,  it came into the situation that market competition get stronger and stronger which some exchanges create this one strategy to fool others.
Yes, maybe this have been practice years ago but we just noticed it in the last year because we went on the bearish cycle. But the sad part is that newbies are going to fall for this trap no matter how we are going to warn them.

Hopefully we are all aware to this kind of activities and find a way not to be their victims.
We really need to be very vigilant and be watchful of this kind of bad practice of most exchange. Someone has posted a monthly report about those exchanges so we better check it out and see how everything is going from the background and see which exchanges are caught with this bad tactics.
hero member
Activity: 1078
Merit: 501
March 22, 2019, 12:40:10 PM
#27
Many exchanges have fake volumes. Coinbene and Okex are not only ones, take a look at HitBTC https://shitcoinoffering.com/hitbtc-exchange-mcafee-tolls/

You have given us good site where almost people are getting information about market but now a day market is itself getting high now people are involving and price is improving day by day, I think in 2019 market will improve allot and volume of crypto currency is getting better day by day because of international level adoption.
hero member
Activity: 2828
Merit: 518
March 22, 2019, 12:15:06 PM
#26
Many exchanges have fake volumes. Coinbene and Okex are not only ones, take a look at HitBTC https://shitcoinoffering.com/hitbtc-exchange-mcafee-tolls/

It feels like this is their strategy to look attractive to the traders and feels that they could get money in this way.  Now,  it came into the situation that market competition get stronger and stronger which some exchanges create this one strategy to fool others.

Hopefully we are all aware to this kind of activities and find a way not to be their victims.
hero member
Activity: 840
Merit: 516
March 21, 2019, 10:50:26 AM
#25
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?
Bears has been in control of the cryptocurrency market and the market kept on going down for a long time till now. Just recently, the price has started going back up and has been able to cross the $4,000 mark and I'm hoping that this is the bull run that we all have been talking about all this while. I have been following up with a lot of sites on their analysis, and none of them hasn't when exactly it is going to be.

Many exchanges have fake volumes. Coinbene and Okex are not only ones
This is not a new thing with respect to trading markets. Yes, it is an usual practice among exchange operators just to make common people to be interested in trading. When there will be lack of liquidation, they needed to fill "the gaps" by their own orders. Now a days bots are doing the same for the operators.
member
Activity: 445
Merit: 71
March 21, 2019, 08:22:36 AM
#24
Many exchanges have fake volumes. Coinbene and Okex are not only ones, take a look at HitBTC https://shitcoinoffering.com/hitbtc-exchange-mcafee-tolls/
full member
Activity: 1638
Merit: 122
March 20, 2019, 05:20:39 PM
#23
It seems like now, during the calm days

Calm days huh,  how can you call it calm where people are actually panicking because of the prolonged market bear ?  

people are able to trade using technical analysis because there are no major shocks that move the market

Yes your correct , there is no major shocks that happen because the market is in stable condition but not all are trading using technical analysis .  ta is only for pro and veteran traders while average traders didnt even know what ta is  . they only trader based on their instincs  .


In this case people are just gaining profits from small price fluctuations with some good leverage. That's why we see high volume but no price changes.

What small fluctuations ? I dont see them . as i said earlier the market is now becoming stable  . i cant imagine how can a trader earn with it  . and how can you see a volume without price change   ?  In order to trigger a volume , one must do trade or buy/sell coins .
hero member
Activity: 2968
Merit: 687
March 20, 2019, 05:14:33 PM
#22
Exchanges have been faking volume, this is a known fact.  Even coinmarketcap isn't right so no one can really get an accurate reading on the real volume.  This is why you should never trust shitcoins that appear to be liquid when in reality they have no true volume to support sell orders.

Right, even cmc is not to be trusted with their data, IMHO. It has been proven as well that they just listed some shitcoins and then the numbers are going to be different. Coinbene is really f***ing everyone with there volumes, LOL. If you have been in this market for so long by now, it's pretty obvious that it's all fake. But it's just sad to see a complete noob entering and have been swayed by this "magically numbers", and think that everything is real as it's get. It's going to be a expensive lessons for them to learn.
For experienced eyes, then we would able to spot out that these are all fake volumes.This is why when i do see some spike or changes i do usually check out the exchange and look out
for that volume but all of the time they are all just the same. All is fake, therefore we cant really trust anytime on any info or stats being posted.
full member
Activity: 924
Merit: 148
March 20, 2019, 02:15:05 PM
#21
It seems like now, during the calm days people are able to trade using technical analysis because there are no major shocks that move the market. In this case people are just gaining profits from small price fluctuations with some good leverage. That's why we see high volume but no price changes.
hero member
Activity: 1358
Merit: 509
March 20, 2019, 11:46:36 AM
#20
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?
After the announcements about fully USD backed Tether coin things quickened a bit than normal trading days. Also, we can count Binance Launchpad that leads to 35000 crypto influencers to take part in Celer ICO but only 3300 investors are successful in this token sale.
legendary
Activity: 3080
Merit: 1353
March 20, 2019, 09:51:35 AM
#19
Exchanges have been faking volume, this is a known fact.  Even coinmarketcap isn't right so no one can really get an accurate reading on the real volume.  This is why you should never trust shitcoins that appear to be liquid when in reality they have no true volume to support sell orders.

Right, even cmc is not to be trusted with their data, IMHO. It has been proven as well that they just listed some shitcoins and then the numbers are going to be different. Coinbene is really f***ing everyone with there volumes, LOL. If you have been in this market for so long by now, it's pretty obvious that it's all fake. But it's just sad to see a complete noob entering and have been swayed by this "magically numbers", and think that everything is real as it's get. It's going to be a expensive lessons for them to learn.
full member
Activity: 1736
Merit: 121
March 20, 2019, 09:14:44 AM
#18
This is why you should never trust shitcoins that appear to be liquid when in reality they have no true volume to support sell orders.

And it is highly possible that shitcoins  could have an arrangement with these crap exchanges they are released into to pump figures for them which obviously would reflect in their overall performance in cmc . This leads holders and investors astray.
hero member
Activity: 1218
Merit: 534
March 20, 2019, 09:03:59 AM
#17
Exchanges have been faking volume, this is a known fact.  Even coinmarketcap isn't right so no one can really get an accurate reading on the real volume.  This is why you should never trust shitcoins that appear to be liquid when in reality they have no true volume to support sell orders.
legendary
Activity: 2534
Merit: 1517
#1 VIP Crypto Casino
March 20, 2019, 03:53:32 AM
#16
Indeed but it's very hard to tell why it was so high, for example, can be bots trading 24/24 as someone pointed out fake volume generated by exchanges.
full member
Activity: 602
Merit: 118
March 20, 2019, 12:41:33 AM
#15
Although there may be some corrections along the way later which is caused by the presence of a number of unfavorable sentiments that are likely to threaten and can make bitcoin weaken again, however crypto marketers are predicted to return to increasing market volume and demand for bitcoin, along with the presence some problems that occur in the stock market.
sr. member
Activity: 2422
Merit: 357
March 19, 2019, 05:32:15 PM
#14

Any other thoughts of what's happening?
Bear's still taking place.


Four words but sums up all. The bears are active again as we notice that price of bitcoin is also rising now. If you want to acquire resources, you should buy now . I guess its not like those days were it increases temporarily. Its about month now that bitcoin recovers from a $4K mark. It has already begun.
legendary
Activity: 1484
Merit: 1004
March 19, 2019, 03:07:58 PM
#13
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.
legendary
Activity: 3276
Merit: 2442
March 19, 2019, 01:38:18 PM
#12
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?
full member
Activity: 784
Merit: 123
March 19, 2019, 12:22:51 PM
#11
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.
legendary
Activity: 3080
Merit: 1353
March 19, 2019, 09:43:58 AM
#10
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/)

legendary
Activity: 3276
Merit: 2442
March 19, 2019, 01:22:31 AM
#9
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.

full member
Activity: 812
Merit: 142
March 19, 2019, 01:08:45 AM
#8
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.
hero member
Activity: 2660
Merit: 551
March 19, 2019, 01:00:14 AM
#7
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.
sr. member
Activity: 2604
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Vave.com - Crypto Casino
March 18, 2019, 03:54:18 PM
#6
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.
member
Activity: 210
Merit: 29
March 18, 2019, 03:46:01 PM
#5
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.
hero member
Activity: 2842
Merit: 772
March 18, 2019, 12:13:51 PM
#4
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.
hero member
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CryptoTalk.Org - Get Paid for every Post!
March 18, 2019, 08:39:34 AM
#3
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.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
March 18, 2019, 07:39:56 AM
#2
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.

Any other thoughts of what's happening?
Bear's still taking place.
newbie
Activity: 1
Merit: 0
March 17, 2019, 07:48:45 AM
#1
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?
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