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Topic: p2pb2b exchange top 1? - page 10. (Read 1437 times)

member
Activity: 504
Merit: 16
October 12, 2019, 12:19:33 AM
#22
I don't like p2pb2b exchange because they have watch trade and fake volumes as well, many new projects that get listed on p2pb2b always ends up in really bad shape, many are dumped already and if you are a trader its better to use reliable exchanges, on my own list p2pb2b will never be a top exchange
full member
Activity: 646
Merit: 100
tozex.io
October 11, 2019, 11:54:04 PM
#21
It is very obvious that it is fake, what this exchange just cares about is getting ranked up to the highest top. So much people have complained about it with too much bot trades on-going. Anyone trading there should just be very careful so that you don't have any reason to regret. So just forget about their ranking in Coinmarketcap.
sr. member
Activity: 1050
Merit: 256
October 11, 2019, 11:34:49 PM
#20
I think p2pb2b is a good exchange so far. Apart from fake volume, all exchanges have done this. Maybe this fake volume is also a means of marketing their exchanges so that many traders come to make transactions there. the more traders, the more their income. Just don't be a scam exchange.
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
October 11, 2019, 10:39:01 PM
#19
Hello people, today p2pb2b exchange just gain 55% from volume and reach top 1 on coinmarketcaps
https://coinmarketcap.com/rankings/exchanges/ and beat binance

what do you think about think exchange?
is this volume fake or real?
Obviously that is only a fake volume from that exchange, they want to be popular as fast as possible and the option they think can easily get the popularity is to be in the top daily volume of exchange.
They think they can easily attract more users to use thier exchange once they see it in the top list.
They are doing the same thing like what bitforex do last year.
sr. member
Activity: 756
Merit: 251
October 11, 2019, 09:30:27 PM
#18
Hello people, today p2pb2b exchange just gain 55% from volume and reach top 1 on coinmarketcaps
https://coinmarketcap.com/rankings/exchanges/ and beat binance

what do you think about think exchange?
is this volume fake or real?

I took a quick look at coinmarketcap.com's exchange ranking to confirm your claim here. And I found out that p2pb2b has indeed high volume both reported and adjusted. It is also true that it is ahead of Binance in both volumes. But it is not true that it is the top 1. Neither is Binance the top 1. The top 1 in reported volume is Bitmex while the top 1 in adjusted volume is BitForex. I suspect that the volume is bloated. So a portion of it is fake.
hero member
Activity: 1932
Merit: 506
Betking.io - Best Bitcoin Casino
October 11, 2019, 09:12:22 PM
#17
Hello people, today p2pb2b exchange just gain 55% from volume and reach top 1 on coinmarketcaps
https://coinmarketcap.com/rankings/exchanges/ and beat binance

what do you think about think exchange?
is this volume fake or real?

They are top 2 right now and binance is top 4 base on coinmarketcap, I am familiar with this exchange as I have used it and I saw that this exchange are faking their volume at that time but I am not that sure if it is the case right now.

Being in top 5 is a big accomplishment for an exchange already but I am not sure also how the coinmarketcap is basing their ranking. It will be bad also if they just put that certain exchange in top 5 even if they are faking their volume.
hero member
Activity: 1274
Merit: 521
7enius - Your Cryptocurrency Marketing Consultant
October 11, 2019, 08:57:38 PM
#16
Hello people, today p2pb2b exchange just gain 55% from volume and reach top 1 on coinmarketcaps
https://coinmarketcap.com/rankings/exchanges/ and beat binance

what do you think about think exchange?
is this volume fake or real?
At present many Exchange uses bots to push their volumes to remain high. We can't say that they are real, but instead their volume is mostly fake, I only trust Binance which has the largest original volume at this time with real trading, and the rest is fake. This is already a common thing, because there are many service companies that provide liquidity providers to be implemented in their exchanges.
sr. member
Activity: 644
Merit: 257
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October 11, 2019, 08:55:34 PM
#15
That's what you called wash trading. You can see how they can manipulate it by looking on the trade history of some tokens. That is they can caught up with results in the market. Coinmarketcap should implement a real deal trading monitoring cause they just uploading data which even bots can be done. Not all volume on CMC is real, they segregate this into reported and adjusted so we can figure which exchange using frequently bots. Mid range exchange, p2pb2b gaining traction buy it shows how they using manipulations or market making.
sr. member
Activity: 1526
Merit: 251
October 11, 2019, 08:52:57 PM
#14
I'm not too sure about this exchange, I mean just look at binance with lots of promos and have done a lot of IEO that managed to attract the interest of many people still inferior to the new exchange.
so I'm a little doubtful if the volume is original.
and also many say CMC polls are not entirely original.
sr. member
Activity: 728
Merit: 251
October 11, 2019, 08:39:37 PM
#13
p2pb2n is not required KYC or any other data confirmation to trade and wd.
I think those type of exchanges are easily entered by many bots, so the trading volume is not real. IMO
hero member
Activity: 1274
Merit: 500
October 11, 2019, 08:07:38 PM
#12
Every exchange has fake volume but p2pb2b goes over the top with it but we don't have real proofs on this but we know its pure manipulation and it skyrocket in volume out of nowhere as personally I don't know friends to using this exchange.

Another thing. If you type on google p2pb2b the 2nd news about it would be : Fake Volume. Coincidence ? I doubt it. I know it was founded in 2014 but no one trusted it then and few trust it now so just use another exchange for your trades , deposit and withdrawals.
This exchange uses lots of BOT and lots of coins listed here have very virtual trading volumes. I think if coinmarketcap can check the data of P2P then I believe this exchange only deserves to be in the top 200. Personally, I don't like exchanges with fake trading volumes because that will greatly affect your investment and if you are not careful, you will face a lot of big risks.

Of course other exchanges such as Latoken, BitForex, Hotbit are also using fake trading volumes and if not carefully considered, you will easily lose money.
legendary
Activity: 3346
Merit: 1203
October 11, 2019, 06:31:24 PM
#11
Every exchange has fake volume but p2pb2b goes over the top with it but we don't have real proofs on this but we know its pure manipulation and it skyrocket in volume out of nowhere as personally I don't know friends to using this exchange.

Another thing. If you type on google p2pb2b the 2nd news about it would be : Fake Volume. Coincidence ? I doubt it. I know it was founded in 2014 but no one trusted it then and few trust it now so just use another exchange for your trades , deposit and withdrawals.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
October 11, 2019, 06:24:47 PM
#10
Statistics can ba manipulated and most, I mean all exchange have bots that trade and some have fake volume. I have tried trading there at one point and it is obvious that some trades are made by bot. Exchange are faking volume so that they can have more traders in their platform or projects wanted to be listed in their platform.
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
October 11, 2019, 06:01:29 PM
#9
I doubt the statistics are geniune, so much bot trading and a lot of exchanges are using it just to get ranked. Its their marketing strategy to get noticed also datas in CoinMarketCap are inaccurate better not to rely on it and verify everything.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
October 11, 2019, 05:55:37 PM
#8
I don't trust anymore the stats that coinmarketcap is bringing especially for the volume of each exchange.
It looks like CMC is playing shady with it. You can use a better marketcap site as your reference and forget to use CMC again because it's not accurate.
On coingecko, p2pb2b's rank is #125. While Binance is the leading.
https://www.coingecko.com/en/exchanges
sr. member
Activity: 1092
Merit: 250
Hodlers Network
October 11, 2019, 05:37:40 PM
#7
Hello people, today p2pb2b exchange just gain 55% from volume and reach top 1 on coinmarketcaps
https://coinmarketcap.com/rankings/exchanges/ and beat binance

what do you think about think exchange?
is this volume fake or real?

i never use this exchange my friend, i only trade on few exchange such as binance, bittrex, kucoin and other, but not with p2pb2b
anyway, for now a lot of exchange use a bot to increase its volume, so, don't be surprise
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
October 11, 2019, 05:36:26 PM
#6
It's fake or manipulated volume by p2pb2b exchange site and the best answer for you never try to use CMC as your main reference if you are wanna taking the ranked of exchange site based on the daily trade volume.
I have even checked it through use adjusted volume and it doesn't even matched with the real buy wall that already placed by the buyers or p2pb2b.

it looks like this exchange site is paying CMC to make it possible. You can check on the adjusted volume on CMC and try to compare it with reported volume and it's very strange to see an exchange site like p2p has no buy orders already placed at the top of exchange site.

It looks like CMC is playing shady with it. You can use a better marketcap site as your reference and forget to use CMC again because it's not accurate.
copper member
Activity: 1050
Merit: 294
October 11, 2019, 05:25:21 PM
#5
Hello people, today p2pb2b exchange just gain 55% from volume and reach top 1 on coinmarketcaps
https://coinmarketcap.com/rankings/exchanges/ and beat binance

what do you think about think exchange?
is this volume fake or real?

Obviously fake, don't trust volume from these type of exchanges. I experienced trading on p2pb2b and seriously it's worst.
All shitcoins usually list here with zero value.
member
Activity: 845
Merit: 52
October 11, 2019, 04:47:53 PM
#4
I don't trust any statistics coming from this exchange. It has severally been accused of faking volumes, how did it make it to such spot, who are the traders bot I guess! Regulations are needed to sanction exchanges faking volumes.
legendary
Activity: 2660
Merit: 1261
October 11, 2019, 04:33:30 PM
#3
Based on the order history, I see most of the trade has the same order with some different time order only 1 - 2 second each trade.



One of sample i took from ETH/BTC Pair.

You can see at the screenshot, the order was the same with only 1-2 second trade for each trade. The reason why exchange using a fake volume/inside trading it's just to make their rank exchange up. Here some tips to know the volume was fake :
  • Trade History: If you see a same order with only short intervals trade, it could be a fake order only to bring the volume bigger.
  • Compare between Order Book with Trader History: The strange things number #2, If the volume was high but the order book doesn't have a high wall/transaction order you can think that volume was fake. Also, the order book will have some high gap between a few order books, so if some users making an instant order sell/buy the prize percentage could be change very high if we compare with the real prize of thats pair with other exchanges.
  • Have a high transaction order history, but it was really hard/long time to sell the crypto.
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