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RE: Why Unveiling Fake Volume is Essential for Market Growth

in #cryptocurrency • 6 years ago

I assume that the effectiveness of markets as well as for exchanges is to have liquidity or in some way demonstrate it even if it is fictitious. Maybe that's their philosophy. This is my opinion.

Btw, I came here through my friend @crypto.piotr

6 years ago in #cryptocurrency by
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     6 years ago 

    Thanks for your kind words @jadams2k18

    Yes, they attempt to show liquidity but it isn't real liquidity. In one way these exchanges manipulation numbers in another way, the trades are just within one single account. Both these parties are at fault, thought the trustworthy exchanges are much less at fault. Exchanges like Coinbene, Bitforex, and BitBNS that fake huge amounts of volume are the real bad guys.

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