Topic: New report on wash trading scares me (Read 683 times)
I was confused back then how that volume easily dragged down and then basically goes up that easily. Not until I've heard about wash trading. The manipulation of investors which will mislead some of the traders. If you are unfamiliar with this kind of thing, it will be a great loss for you.
it is very unlikely that an exchanger will do this. i think they know to work professionally and certainly won't damage their own reputation.
Exchanges will do everything they can to have themselves rank up based on volumes on sites such as CMC, because that's where most of the traffic comes from nowadays.Asian exchanges are amongst those who cheat the most with their volumes, where OKEx and Huobi are the absolute leaders in that field.
of course if it is right to do and consumers know, then member will immediately leave it
People know it happens, they simply don't care. As I said above, sites as CMC are very important for exchanges, and for that reason will do everything they can to retain their top 10 spot, because that's what traders look for and consider 'safe' enough. The downside of this is that compliant exchanges can't compete with cheaters because of how much there is to lose for them.Out of the exchange top 10, 8 exchanges are unregulated. The other 2 might be as well, but I'm not sure. No wonder the SEC isn't interested in this nonsense.
Hey guys, so i've read a new report on how much of the exchanges volumes are just wash trading and the numbers are way too high for what real users do>.
This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated.
What do you think of the current state of big exchanges and price manipulations that we experience?
my source: https://www.blockchaintransparency.org/reports/
I have always thought that the volume that we see is not real and that is inflated and exaggerated by exchanges, and while that is important I do not see a great effect in the price of bitcoin, bitcoin is by far the strongest cryptocurrency in the market and even if the volume was cut in half there will not be any bad effects that will affect bitcoin, however it is entirely possible that this could affect the price of altcoins, because as we know those coins are not as strong as bitcoin.This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated.
What do you think of the current state of big exchanges and price manipulations that we experience?
my source: https://www.blockchaintransparency.org/reports/
And since the demand of most coins is very low finding out that the volume is mostly fake will undoubtedly shake the confidence in the market in those coins and could make them disappear or at least to lose a lot of value.
Hey guys, so i've read a new report on how much of the exchanges volumes are just wash trading and the numbers are way too high for what real users do>.
This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated.
What do you think of the current state of big exchanges and price manipulations that we experience?
my source: https://www.blockchaintransparency.org/reports/
This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated.
What do you think of the current state of big exchanges and price manipulations that we experience?
my source: https://www.blockchaintransparency.org/reports/
If that's the case for those big exchanges that the prices in the market is manipulated then it would not be good for the community. But I think it's not manipulations but it is the reality in this ever changing world of cryptocurrency.
Hey guys, so i've read a new report on how much of the exchanges volumes are just wash trading and the numbers are way too high for what real users do>.
This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated.
What do you think of the current state of big exchanges and price manipulations that we experience?
my source: https://www.blockchaintransparency.org/reports/
This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated.
What do you think of the current state of big exchanges and price manipulations that we experience?
my source: https://www.blockchaintransparency.org/reports/
If that's the case for those big exchanges that the prices in the market is manipulated then it would not be good for the community. But I think it's not manipulations but it is the reality in this ever changing world of cryptocurrency.
I don't know about these reports. Maybe we're juat blowing this up out of proportions to a point that we're screaming end of the world. I guess i still believe in crypto currency and that it would be the only currency on the market in the future. Maybe a few years will pass by when all of this is realized but it will happen.
No one is screaming the end of the world or blowing things out of proportion, it is just the way things are when it comes to market manipulations and considering the fact that this market has been a bit of an unregulated space or mostly unregulated actually, we have gotten to see a lot of people out of greed do whatever they like and that includes wash trading.Nonetheless, I know all these won't last forever and even at that with all the possible manipulations, it has never stopped the market from growing, but indeed just stylishly eliminating the weak hands.
I don't know about these reports. Maybe we're juat blowing this up out of proportions to a point that we're screaming end of the world. I guess i still believe in crypto currency and that it would be the only currency on the market in the future. Maybe a few years will pass by when all of this is realized but it will happen.
Usually we can check on what the real trading is from a collective increase and decrease in the price and the volume which means you can relax by just looking at it. Yes exchanges mostly do wash trading to show boat and promote themselves and tell everyone they have a lot of volume however that doesn't change the global volume that much.
If you follow the volume closely whenever price of bitcoin goes up the volume is up as well and whenever bitcoin goes down the volume already went down. Which means from the movements of volume we can still gather some stuff however not all. You also need to check the new exchanges that have absurdly high volumes and take that out from the calculation.
If you follow the volume closely whenever price of bitcoin goes up the volume is up as well and whenever bitcoin goes down the volume already went down. Which means from the movements of volume we can still gather some stuff however not all. You also need to check the new exchanges that have absurdly high volumes and take that out from the calculation.
I was surprised as well, some of the exchanges 'wash trade' their volume tens or hundreds times on a daily basis (the most gruesome example is LBank overstating its volume 4400 times according to the research). It might not be critical for trading during quiet days but you don't want to be inside such a market when volatility spikes.
Hey guys, so i've read a new report on how much of the exchanges volumes are just wash trading and the numbers are way too high for what real users do>.
This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated.
What do you think of the current state of big exchanges and price manipulations that we experience?
my source: https://www.blockchaintransparency.org/reports/
This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated.
What do you think of the current state of big exchanges and price manipulations that we experience?
my source: https://www.blockchaintransparency.org/reports/
Will,in this situation only things that we can do is hoping thats this are not true and this wash trading are not happen,because the first affected are us lowest investor of cryptocurrency,especially now thay market is still bleeding the more the exchanges manipulate the price,the more we are loosing value of our profit,therefore we should aware into this scenario because many low traders have been affected.
Hey guys, so i've read a new report on how much of the exchanges volumes are just wash trading and the numbers are way too high for what real users do>.
This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated.
What do you think of the current state of big exchanges and price manipulations that we experience?
my source: https://www.blockchaintransparency.org/reports/
This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated.
What do you think of the current state of big exchanges and price manipulations that we experience?
my source: https://www.blockchaintransparency.org/reports/
Its hard to say that market being manipulated because cryptocurrency is decentralized and no one can control the supply and we know price always determined by supply and demand.
Most of the things we get to see in this market are something that is not possible to see in the stock market as that can be extremely not so good for whoever tries to manipulate the market either knowingly or unknowingly, and I believe in the long term, this is something we will get to see here.
Hey guys, so i've read a new report on how much of the exchanges volumes are just wash trading and the numbers are way too high for what real users do>.
This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated.
What do you think of the current state of big exchanges and price manipulations that we experience?
my source: https://www.blockchaintransparency.org/reports/
This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated.
What do you think of the current state of big exchanges and price manipulations that we experience?
my source: https://www.blockchaintransparency.org/reports/
Will,in this situation only things that we can do is hoping thats this are not true and this wash trading are not happen,because the first affected are us lowest investor of cryptocurrency,especially now thay market is still bleeding the more the exchanges manipulate the price,the more we are loosing value of our profit,therefore we should aware into this scenario because many low traders have been affected.
Hey guys, so i've read a new report on how much of the exchanges volumes are just wash trading and the numbers are way too high for what real users do>.
This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated.
What do you think of the current state of big exchanges and price manipulations that we experience?
my source: https://www.blockchaintransparency.org/reports/
This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated.
What do you think of the current state of big exchanges and price manipulations that we experience?
my source: https://www.blockchaintransparency.org/reports/
Its hard to say that market being manipulated because cryptocurrency is decentralized and no one can control the supply and we know price always determined by supply and demand.
I Hope all the regulation of the crypto currency comes quickly because all the inestability atound here id the main reason investor run away from good proyects all around the world the one Who are here because id the easy acceso yo the world Of new opportunities borning everydatto new proyects And the development of the new era which is already here
big exchanges are not something to watch out for at the moment. since both sides are large buyers who may be trying to mislead
The highest price in the day was $ 6,536, the lowest price was $ 6,409. A common explanation for the market crash yesterday was the result of Goldman Sachs's abandonment of the plan to offer technical trading counters number.
The market prices is based on supply and demand so obviously it was volatile, and we also needs this volatility in order to earn profit in the future, it was better to always read news regarding cryptocurrency growth to determine the future prices.
The highest price in the day was $ 6,536, the lowest price was $ 6,409. A common explanation for the market crash yesterday was the result of Goldman Sachs's abandonment of the plan to offer technical trading counters number.
Hey guys, so i've read a new report on how much of the exchanges volumes are just wash trading and the numbers are way too high for what real users do>.
This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated.
What do you think of the current state of big exchanges and price manipulations that we experience?
my source: https://www.blockchaintransparency.org/reports/
Yes some months before,it was complained that Bithumb a big Korean exchange did wash trading to manipulate the price of Bcash and it was the reason for such a high price of Bcash reached at that time challenging bitcoin.It is illegal but it's done by some exchanges. This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated.
What do you think of the current state of big exchanges and price manipulations that we experience?
my source: https://www.blockchaintransparency.org/reports/
Hey guys, so i've read a new report on how much of the exchanges volumes are just wash trading and the numbers are way too high for what real users do>.
This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated.
What do you think of the current state of big exchanges and price manipulations that we experience?
my source: https://www.blockchaintransparency.org/reports/
This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated.
What do you think of the current state of big exchanges and price manipulations that we experience?
my source: https://www.blockchaintransparency.org/reports/
What do you mean by "stable and mature"?
What are the factors that make a market stable and mature?There's no such thing as a stable market.The markets are always unstable,that's how traders make their profit.I'm pretty sure that a big percentage of the crypto trading is run by trading bots and there's nothing wrong with that.The are rumors about market manipulation and fake trading volumes since the creating of cryptocurrency exchange platforms.
I don't think that anyone can do anything to stop them from manipulating the crypto prices.
The price of cryptocurrency in the market will never become stable because there are a lot of people who are selling and investing depending on the situation so you should always expect drastic changes.
You think what we saw last year was a normal level of demand, no way! That was a manipulated pump and some news has been raised so far on wash trading, spoofing and some other forms of manipulation in the market which normally would not have been the case if the market is regulated.
Hey guys, so i've read a new report on how much of the exchanges volumes are just wash trading and the numbers are way too high for what real users do>.
This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated.
What do you think of the current state of big exchanges and price manipulations that we experience?
my source: https://www.blockchaintransparency.org/reports/
This has been like this for years now, none of the exchanges you see right now neither the ones that has been running for years had the same amount of volume they advertised.This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated.
What do you think of the current state of big exchanges and price manipulations that we experience?
my source: https://www.blockchaintransparency.org/reports/
Volume is what makes an exchange big or small, what makes them known and heard from people and the higher your volume is the higher number of people hear your name and come looking for, since we can't really know which one is doing it how much I have stopped looking at volume for selecting my exchange.
I just go with the most known from what I hear on forums and chats and go with that. Now binance may not be the best website out there or even have highest volume, I wouldn't know if its true or not, however I know everyone knows them and they are very known so I use them.
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