95% fake volume :)

[Mpamaegbu]

It more of shows and confirms the real colors of those exchanges that fake their trading volume just to show up higher on the Coinmarketcap trading pairs and to show up higher on exchange rankings by trading volume.

This is saddening to say the least if these alleged manipulations are true. But what do you mean by the words I bolded and underlined in your sentence by the double use, almost conflicting in meaning. Could you throw more light on that?

Come to think of it, this will break the hearts of many to know that CMC is not as clean as we think of it by relying on its services.

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[co5hike]

About the fictitious volume I think everyone knew without reports.Now there is an index for these exchanges together.  (Bitwise Spot Volume Index) tradingview

[1Referee]

It more of shows and confirms the real colors of those exchanges that fake their trading volume just to show up higher on the Coinmarketcap trading pairs and to show up higher on exchange rankings by trading volume.

This is saddening to say the least if these alleged manipulations are true. But what do you mean by the words I bolded and underlined in your sentence by the double use, almost conflicting in meaning. Could you throw more light on that?

What he is referring to is how exchanges are artificially inflating their volumes to gain a higher rank on CMC, which is by far the most popular market cap/exchange data site. Higher rank on CMC means you're more likely to attract new users, and with your (fake) high volumes you can demand a premium for coin listings on your exchange.

The same applies to coins listed on the first page (which consists of 100 coins) of CMC, because being listed on the first page means more exposure for you as coin. Search engines also work like that. How often do people click on the second and third page? Most people focus just on what they see on the first page.

People made CMC super popular to beging with, and now they complain about their way of displaying data? They have always been like this. Don't use something you don't like, it's that simple.

[sedahan13]

Many exchange show fake volume to attrack new trader to use their platform, they use this for promotional material. When we see ranking of exchange according to trading volume on the coinmarketcap that thing show new exchange has higher trading volume than old exchange, so we should be looking for review of each exchange before use it.

[freedomgo]

Many exchange show fake volume to attrack new trader to use their platform, they use this for promotional material. When we see ranking of exchange according to trading volume on the coinmarketcap that thing show new exchange has higher trading volume than old exchange, so we should be looking for review of each exchange before use it.

Well, they do what they need to do, which is to attract traders.
There's harm for us traders not because it will affect our success rate but because we might loss our money in the future.
Being profitable even though they are faking the volume, seems like not an issue for us then.

[davinchi]

Many exchange show fake volume to attrack new trader to use their platform, they use this for promotional material. When we see ranking of exchange according to trading volume on the coinmarketcap that thing show new exchange has higher trading volume than old exchange, so we should be looking for review of each exchange before use it.

Well, they do what they need to do, which is to attract traders.
There's harm for us traders not because it will affect our success rate but because we might loss our money in the future.
Being profitable even though they are faking the volume, seems like not an issue for us then.

For now, I still can’t fully understand how their actions will affect traders, trying to put one or two together but can’t seem to get one, I know what they are doing is quite wrong but just like you said, it is just s marketing strategy and I am sure them too are not willing to make it linger more because it will also affect their reputation.

So, I bet they will gradually correct the figure as they gradually get more and more volumes, we will not even notice it till the figure tallies with the real time statistic, exchanges manipulation is not even my issue, it is coinmarketcap figures that are mostly not real. The act was for what reason?

[akuser]

this might be a legalized way to increase trading volume.
can this be reported and is a crime?

I don't really believe in exchanges, although some people continue to convince me that exchange is the best place to save assets.

[samcrypto]

this might be a legalized way to increase trading volume.
can this be reported and is a crime?

I don't really believe in exchanges, although some people continue to convince me that exchange is the best place to save assets.

There are some cases before where one of the Executive are being caught for the trading volume.

https://cointelegraph.com/news/south-korea-regulators-indict-three-upbit-employees-for-alleged-trade-volume-manipulation

This is one of the example of what I'm talking about, so I think most of the exchanges have their own hidden agenda to manipulate the trading volume. You have to believe on that exchanges you are using but never to put too much money on that because of uncontrolled wallet.

[Ipwich]

this might be a legalized way to increase trading volume.
can this be reported and is a crime?

I don't really believe in exchanges, although some people continue to convince me that exchange is the best place to save assets.

Exchanges is for trading, you can save your assets but it's not advisable, hacking is still happening in exchange as hackers know there's plenty of money in exchanges. They are faking to attract traders, and that is unethical, or possibly a crime as they are not telling their real volume.
We should stay away from sites that are faking volume, there's good exchanges out there, we should stay with them.

[mayax]

Fake volume = fake price

[Supercrypt]

There are some cases before where one of the Executive are being caught for the trading volume.

https://cointelegraph.com/news/south-korea-regulators-indict-three-upbit-employees-for-alleged-trade-volume-manipulation

This is one of the example of what I'm talking about, so I think most of the exchanges have their own hidden agenda to manipulate the trading volume. You have to believe on that exchanges you are using but never to put too much money on that because of uncontrolled wallet.

Seriously you are right, we should never put so much trust in them to leave our funds in their wallet,  just like today, I was on one of the popular exchanges I have been using for a while now which I may not want to mention their name because they have not done this to me in the past.

But, I really don’t know what went wrong today as bitcoin was shooting high, as at the time BTC recorded $5000 and I rushed to my exchange to do some sweet trading, I got there and I found out that their own figure was still around 5000 and it took them hours before they could update it to the recent value, it was at this point I got the conviction that they are actually the ones controlling this figures.

[pinoycash]

Fake volume = fake price

This more likely applicable to ALTCOINS when the project team starts pumping their volume so they can appear in CMC top gainers for the day.

This creates an illusion that the project is well traded and liquid. But when you check buy support its nothing but a thin line of support.

[sujonali1819]

Mainly fake volume in some exchange which is running bot all the time. Such type of one exchange is coinbene. The exchange is totally running their bot for increasing trading volume. When you want to sell a high amount of crypto you can not find enough buy order. Another one is exrates. this exchange also running bot all the time. You can not find buy order for selling token. But trade history shows huge amount of selling and buying.

[linxinyuan]

https://www.coindesk.com/fake-volume-on-crypto-exchanges-isnt-the-half-of-it

this shows the real image of BTC.

I believe this and at the same time bitcoin price predict growth.
Bitcoin Price Prediction 2019 - BTC Price to Touch $23500 in 2019
https://coinswitch.co/news/bitcoin-price-prediction-2019-btc-price-to-touch-23500-in-2019

[mayax]

the market is VERY SMALL and it's not like the shit crypto media(propaganda) is presenting it.

[ajaymukund]

https://www.coindesk.com/fake-volume-on-crypto-exchanges-isnt-the-half-of-it

this shows the real image of BTC.
[/quote The exchanges are now fake volume to get the participation and trust of many investors. The bots have traded on their own and have created huge volumes every day. However, BNB is still exchange with the highest trading volume and 100% real. We should register and trade there, their security is pretty good.

[South Park]

this might be a legalized way to increase trading volume.
can this be reported and is a crime?

I don't really believe in exchanges, although some people continue to convince me that exchange is the best place to save assets.

Whoever that said that to you doesn't know what he's talking about or he's lying to you, the purpose of an exchange is in its name, it cannot be more obvious than that, an exchange is a place where you convert your coins to other coins, saving your coins in the wallet of an exchange is a huge mistake because hackers are always trying to hack them and as we know they have been successful a number of times in the past and there is no reason to believe that this is going to stop.

[akram143]

https://www.coindesk.com/fake-volume-on-crypto-exchanges-isnt-the-half-of-it

this shows the real image of BTC.

yes this is lake cheating everyone with the usage of inexperienced  people and we need to be very very careful while choosing an investment and exchanges because a simple letter will change your mind set to a different dimension and there will be a huge options for fraud.

[dunfida]

Fake volume = fake price

This more likely applicable to ALTCOINS when the project team starts pumping their volume so they can appear in CMC top gainers for the day.

This creates an illusion that the project is well traded and liquid. But when you check buy support its nothing but a thin line of support.

Most cases this would really be applied on Altcoins not on high volume coins.Most likely low volume ones would really be easily on being manipulated

which as said this do give out some hype for newbie investors to see the highest gainers of that particular time and not only that these fake volume do exist on
big exchangers as well to make up some noise.

[Reid]

And that is not new anymore.

How do they get away from it though. I want to see a discussion where our center will be questioning thing exchanges on why the hell there is no fine for doing bad things like this just for luring investors in their midst.
Perhaps they are connected with something that lets them do the evil job.

Well, they are all centralized so it wont be shocking anymore.