ohyeahhaha122
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Activity: 267
Merit: 7
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September 16, 2019, 06:40:04 AM |
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entry into this market requires wisdom and intelligence to invest, but the opportunity is often not obvious, the trading volume is a part of it.
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░▒▓ DFINANCE is New Age of DEFI ▓▒░ ░▒▓ A Non-Code Platform for Decentralized Trading Instruments ▓▒░ ░▒▓ https://dfinance.co ▓▒░
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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yazher
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September 16, 2019, 07:45:36 AM |
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Fake volumes are one of the problems that CMC currently facing because when the coins listed on their site have a fake volume, investors might blindly invest their money on that coins and when they do the coins will sudden go to dump. it is because the was only a one man show and the exchanges who listed that coin can be a suspect as well.
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7788bitcoin
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Activity: 2282
Merit: 1023
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September 16, 2019, 07:57:24 AM |
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There's a lot of exchange that has a fake volumes and they not directly called it a bot but they will told to the traders that is a market maker.
If there is no regulatory body looking over what the exchange is doing all these exchanges will come up with shady practices to have an upper edge over its competitor and that in turn attract more customers as the only thing anyone look in an exchange is liquidity and i am sure in a couple of years we will get rid of these fake volumes and if someone shows fake volumes they will get heavy penalty.
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Paulinerims
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Activity: 193
Merit: 7
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September 16, 2019, 08:17:07 AM |
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The fake volume is normally made by the exchange to present itself as a popular platform among traders which allows them to charge more fees for coin listing. it's definitely putting a bad light on the project. Every trader or crypto enthusiast knows that there is something in between if a small exchange in generating massive amount on daily volume of a never heard before token.
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Prettyme
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September 16, 2019, 08:49:54 AM |
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I've some concerns and queries, i observed that many altcoins even some major coins create fake volume, if a project is new and initially listed on a small exchange and create fake volume it's obvious understood that they're trying to get listed on coinmarketcap, but A coin which is existed in everywhere, even big exchanges but still they create fake volume on small exchanges, what this means? Why they do that? Is everything just done by exchanges or project itself, and also that makes a clear difference in prices as compared to official price of market that makes frustrated.
Since bitcoin boomed last 2017 a lot of altcoins now have been created even its not that worth to invest. They fake everything just to encourage investors. That's why these days we need to be aware.
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Sexaphiliac
Copper Member
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Activity: 122
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September 16, 2019, 11:59:24 AM |
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Fake trade volumes on most exchanges is used to trick algorithms and listing sites sites to rate exchanges higher. This faking of volume makes projects think it's a high volume exchange and list on there for exorbitant fees. Transparency within the cryprocurrency exchanges is necessary in order to protect traders from exchanges that wash trade and could potentially scam users.
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Lexurdania
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Activity: 840
Merit: 10
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September 16, 2019, 12:19:11 PM |
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I've some concerns and queries, i observed that many altcoins even some major coins create fake volume, if a project is new and initially listed on a small exchange and create fake volume it's obvious understood that they're trying to get listed on coinmarketcap, but A coin which is existed in everywhere, even big exchanges but still they create fake volume on small exchanges, what this means? Why they do that? Is everything just done by exchanges or project itself, and also that makes a clear difference in prices as compared to official price of market that makes frustrated.
In my opinion, fake volume should be avoided if the transaction value in the cryptocurrency market is always increasing and new investors keep coming. Small exchangers always fake the value of their transactions as possible to attract lots of new customers and projects to be listed on their exchangers
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Reatim
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Activity: 2814
Merit: 357
Eloncoin.org - Mars, here we come!
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September 16, 2019, 12:55:13 PM |
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I've some concerns and queries, i observed that many altcoins even some major coins create fake volume, if a project is new and initially listed on a small exchange and create fake volume it's obvious understood that they're trying to get listed on coinmarketcap, but A coin which is existed in everywhere, even big exchanges but still they create fake volume on small exchanges, what this means? Why they do that? Is everything just done by exchanges or project itself, and also that makes a clear difference in prices as compared to official price of market that makes frustrated.
We cannot change that from them because exchangers wanted their site to have activities so even If the volumes are fakes it’s ok with them what is important is the benefits they think favored them though the it will cost them bad reputation $in future I have seen the case of Coinmarketcap recently when they are being accused of faking the volume and it’s really annoying because their site is hat I’ve used for price observation when I was new here
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Robert Hood
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September 16, 2019, 05:51:56 PM |
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retnoanjani
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September 17, 2019, 06:25:39 AM |
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Fake trade volumes on most exchanges is used to trick algorithms and listing sites sites to rate exchanges higher. This faking of volume makes projects think it's a high volume exchange and list on there for exorbitant fees. Transparency within the cryprocurrency exchanges is necessary in order to protect traders from exchanges that wash trade and could potentially scam users.
fake volume, really frustrating. it's like a mirage that looks good but it's nothing when we put a sell order at the price available, then it disappears. that's why I always choose a compatible exchange, if I don't have to, I won't use an exchange like that.
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freedomgo
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September 17, 2019, 09:15:43 AM |
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Fake trade volumes on most exchanges is used to trick algorithms and listing sites sites to rate exchanges higher. This faking of volume makes projects think it's a high volume exchange and list on there for exorbitant fees. Transparency within the cryprocurrency exchanges is necessary in order to protect traders from exchanges that wash trade and could potentially scam users.
fake volume, really frustrating. it's like a mirage that looks good but it's nothing when we put a sell order at the price available, then it disappears. that's why I always choose a compatible exchange, if I don't have to, I won't use an exchange like that. When it comes to choosing an exchange, you need to choose an exchange that shows the real volume, and of course you can find it especially if you experience it. Fake volume is happening in many exchanges in the market now, that is why if we look at the exchanges in the list here https://coinmarketcap.com/rankings/exchanges/, we will find unpopular exchanges that is surpassing the popular ones in terms of volume. If you know this is happening, you will surely have an idea on how to spot a good exchange that will fit your needs.
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