We apply volume discounts based on a proprietary methodology that relies on 10 factors such as an exchange’s home regulator if any and volume metrics based on an exchange’s web traffic and estimated workforce size. We also use the number and quality of crypto licenses as proxy to gauge the sophistication of each crypto exchange in matters pertaining to regulation and trade surveillance.
Eh....I'm not so sure I trust mainstream financial media or their headlines, and especially any statistical methodology that resembles the above. But hey, that's me and one person's opinion--my own.
The big question in my mind is this: How big an issue is bitcoin volume reporting (or any discrepancies related to same) as long as traders can satisfactorily get their trades through without getting ripped off? There's no question that volume ought to be accurate, but having seen the history of a lot of exchanges over the years, inflation of trading volume seems like it should be near the bottom of the ladder in terms of importance. Financial solvency, transparency, and yes, regulation are bigger issues that really affect the average crypto trader.
Some regulation would be a good thing. A lot of it might be a nightmare, and headlines like this one don't help things IMO. If only Forbes took a look at the trollboxes of some of the "grittier" exchanges, they'd probably realize that a lot of people aren't looking for protection except for exchanges scamming them--which many of them have, going back to Mt. Gox and probably earlier (right?).
Thanks for posting this, though. I'd give you a merit or two, but Theymos has forsaken me it seems.
