19.1.2015
total trades
NEMstake 5503
After UP was caught with sock puppets, his official excuse was that he was using sockpuppets so nem would look good (more activity). How do we know he wasn't trading with himself on AE for exact same reason? These numbers don't prove shit.
If one person (without coding skills) can manipulate the stats of the entire AE in such a big way then it does prove something.
Why would you need coding skills to buy and sell on AE? It only costs 1 Nxt to post and 1 Nxt to buy on AE. 2000 Nxt will get you 1000 fake trades with yourself. UP was obviously motivated enough that he created sock puppets even for BTT forum. God knows what he was doing on AE
What I was getting at that if one person can trade an asset to the top then the utilization of the AE can't be all that great.
NXT AE is definitely the most heavily used one out there but appearantly it's still a very very niche market.
Why is it that recently NXTers come there to trash NEM ? Butthurt about the price decline ? Guess what, that's not NEMs fault.
The NEM asset was heavily traded and I think honestly, but who know? It might have been manipulated. But the same can be said for any of the other NXT assets. In fact, all the other heavily traded NXT assets are mostly produced and bought by NXT insiders. It would be my guess that it is they that are more likely to have been faked. Just a guess though.
I don't want to sound like a jerk because I really have faith in NEM, but it just doesn't appear to me the NXT AE is really utilized that much, so I kind of feel like we are #1, but it is like being #1 in removing bottlecaps with your forehead...
Just feels like we are over-hyping this a bit.