It's no conspiracy, that's why free markets don't work. That's why we have government regulation in the real world.
Lol, and what doesn't work about them?
I'm so damn confused about everybody trolling about the BTCChina numbers its not even funny. WHY are "free" trades necessarily "fake"? They aren't. At the most, the volume numbers are "fake". What ultimately matters is what you can buy BTC for and what you can sell BTC for. And there's no way of manipulating that.
The trades aren't fraudulent in an illegal sense because there is no regulation, but as you have stated, they are manipulative...
Only so manipulative as people let them be, because they like seeing patterns in charts. If you predicted your trades based on tea leaves, and I figured some weird-ass ways of making the leaves fall in some order, does that mean the government should regulate tea?
The point of trading on an exchange is to let the big sharks eat the small fish. The small fish don't care as long as they can transact.
And if they CAN transact, then nobody is 'eating' anybody else, but people are in fact getting what they want done, done.
