Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Howard Roark on October 14, 2018, 08:42:20 AM



Title: Is this the only solution to fake volumes on Exchanges?
Post by: Howard Roark on October 14, 2018, 08:42:20 AM
In this BloombergTV interview, Galia Benartzi of Bancor amongst other subjects discusses fake volumes on exchanges.


https://www.youtube.com/watch?v=9-MVw2wjoYQ


Title: Re: Is this the only solution to fake volumes on Exchanges?
Post by: tycsols on October 14, 2018, 09:12:08 AM
Most of the new exchanges are faking the volume just to stay in the competition and attract more users but i think transparency is very important in the business like exchange so i would not support this strategy by exchanges, some what trading bots are also responsible for creating fake volumes, i think there should be some rules to avoid fake volumes from exchanges.


Title: Re: Is this the only solution to fake volumes on Exchanges?
Post by: hummer113 on October 14, 2018, 09:56:07 AM
There are almost no regulators on the market, so the exchanges are not afraid of anyone and do what they want, I just trust only the big ones.


Title: Re: Is this the only solution to fake volumes on Exchanges?
Post by: Awesomus Maximus on October 14, 2018, 11:00:40 AM
I believe all exchanges do that, the largest ones included, because the market is not regulated.  This practice may look harmless but by faking volume you are tricking investors into believing a coin has large volume, while it may not be the case. I have heard a huge number of dollars like $3 billion of daily trade is faked. Something has to be done with respect to trading to make the space clean of manipulation.