I'm confused. You said million coins in one trade but those numbers show a whole days volume.
You're right. I've never seen this ticker show day summaries in that column but that would make sense. Ooops ¯\(°_o)/¯
Topic: We all know huobi volume is faked, but what is this??? (Read 909 times)
You're right. I've never seen this ticker show day summaries in that column but that would make sense. Ooops ¯\(°_o)/¯
I'm confused. You said million coins in one trade but those numbers show a whole days volume.
Even with no trading fees that is some seriously big volume that is not easy to create.. If the spread is not high enough it is very difficult to trade with yourself wihtout catching other peoples coins.
If you have deep pockets, you can skim the other trades and do huge volumes of trades with yourself.
In the end, you won't lose much.
It is only when there are trading fees that you feel the pinch.
Chinese whales these days 
My sediments exactly. I don't believe in what I read now a days on the website. They seem to be all hyping bitcoin for a major up heveal in the price. Just wait for it will happen by mid next week only if no major bad news comes into till then. 
Buy and sell of a million+ coins at a time. Turned a profit also. wow
0% fee make more people can manipulate price, because he can buy and sell with his own order
Chinese whales these days
No fee, if you are boring you won't lose by doing big orders
Even with no trading fees that is some seriously big volume that is not easy to create.. If the spread is not high enough it is very difficult to trade with yourself wihtout catching other peoples coins.
the large traders or groups that buy their own coins do it within seconds. mostly they are indeed buying their own coins, but some times they end up buying the coins from other people as well, but i don't think they care that much if they are buying a few coins from others while trying to buy their own coins. traders on this level have several thousands of coins to play with and equal amount of fiat. a few coins more or less doesn't bother them.
This is just the surface.
There is some really weird things going on in these Chinese exchanges. I'd like to see a good investigation of it someday.
There is some really weird things going on in these Chinese exchanges. I'd like to see a good investigation of it someday.
Even with no trading fees that is some seriously big volume that is not easy to create.. If the spread is not high enough it is very difficult to trade with yourself wihtout catching other peoples coins.
Someone was playing ping pong with his accounts I'd say.
Not the first time you see things like that on the chinese exchanges.
You can thank the zero fee politics for that.
Not the first time you see things like that on the chinese exchanges.
You can thank the zero fee politics for that.
huobi is one of the largest bitcoin exchange in China and i don't know if volume trade in this exchange is faked
but could you give me the proof regarding this exchange?
but could you give me the proof regarding this exchange?
I think this the actual fuel for recent pump and dump scheme after some constant low volume trade. Those high volume seems to be the fake one regarding my opinion.
I didn't know we all know that... where's the proof of this again?
Buy and sell of a million+ coins at a time. Turned a profit also. wow
There is no profit involved in these trades. It is just coins moving from one pocket of yours to another.
That is why exchanges with no transaction fees are not reliable for volume data.
Buy and sell of a million+ coins at a time. Turned a profit also. wow
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