Who can check blockchain to establish if exchanges post semi fake volume?

[alex_fun]

Hey folks,


It seems that some exchanges may mix fake buy/sell with real buy/sell to manipulate price. Whats the best way to check daily BTC transfers vol via blockchain? Then deduct daily coins mineds and bingo

[alex_fun]

Just though here - since most trades are settled outside block chain how the heck anyone know if exchange is honest or faking?

[theonewhowaskazu]

The easier way of checking is just by looking at the orderbook for each respective exchange.

The owner of the exchange can still manipulate the price by buying/selling on his own exchange - but only as a normal user can (only they have obviously lots more coins & fiat).