Exchangers - Fake Volumes- FRAUD

[lucsky]

It is obvious that the Chinese exchanges powerful manipulate the market!
After all, how they would obtain gains, if not charge fees? So what?
The universe of Bitcoin is a free market, where players need to learn to live with this kind of thing.

[DimensionZ]

The Chinese are known for dishonest business practices and manipulating the Bitcoin price on the exchanges wouldn't surprise me, but if they are making the price go up artificially isn't this in favor of the customers as well? The exchange operators will get higher fees from the 'real' transactions and the Bitcoin users will get more fiat for converting their Bitcoins. Do you think when Bitcoin gets legalized in China the government will still be lenient towards such fraudulent moves by the exchanges or they will try to rectify the issue and make their trading platforms more transparent? The thing is that even though they are tricking users into believing that their statistics are true, no one is getting scammed in the process because people are actually getting a higher price for their coins. I don't condone what the exchanges are doing, but it's not such a serious felony is it?

[vero]

how can you know if they give the result of manipulation of the trade? I think wasn't important as long as the price continues to rise and we are careful with the price falls so we not get suffered great losses.

[RealBitcoin]

Solution:

https://bitsquare.io/
http://mercuryex.com/
http://www.coincer.org/
http://www.supernet.org/
https://etherex.org/
https://bcexchange.org/

[Herbert2020]

how can you know if they give the result of manipulation of the trade? I think wasn't important as long as the price continues to rise and we are careful with the price falls so we not get suffered great losses.

this is only good as long as the price is rising, it is obvious that everybody is happy about a rise.
but what if the price reaches a maximum because of a bubble, and the this bubble burst and price falls down? that would be bad, the same as the time up until now (i am talking about the fall from 1100 to 200) although that was slow one, but those days was pretty bad.

[RealBitcoin]

This is why https://bitsquare.io is a good project , decentralized bitcoin exchange , and localbitcoin.com is also good.

Other upcoming decentralized exchanges are: http://mercuryex.com  ,  http://www.coincer.org  ,  http://www.supernet.org  ,  https://etherex.org ,
                                                                    https://bcexchange.org

+1

Yes exactly, i keep a thread about them here, read here:

https://bitcointalk.org/index.php?topic=1420155.0

[Amph]

they should build a decentralized exchange directly into core client, no need a third party software

that would be majestic to have

[RealBitcoin]

they should build a decentralized exchange directly into core client, no need a third party software

that would be majestic to have

That wont happen because it would add too much weight to bitcoin nodes.

The bitcoin daemon has only 1 purpose to run the network, and most nodes do only this.

If you want to trade, you will have to run a different server, like bitsquare, which is already standalone.

The same way if you want to do commerce you run openbazaar.

You cant integrate non essential parts into the core, because it would burden the nodes.

[mayax]

as long the centralized exchangers will be used, the BTC price will be manipulated in their favor(serving different interests).  on a regulated market, this is called fraud.

[mayax]

It is obvious that the Chinese exchanges powerful manipulate the market!
After all, how they would obtain gains, if not charge fees? So what?
The universe of Bitcoin is a free market, where players need to learn to live with this kind of thing.

with a fraud?