Quote from: eminemcookie on March 21, 2018, 03:48:26 PM

I've always found it suspicious when looking at their volumes compared to other large exchanges such as binance. What would be the reason behind faking volume from a business's perspective? and how does that make a difference to us as the users?

The reasons is pretty simple, attract real customers.
Where are you going to trade on an exchange where there is trade every 1 hour or on one with 100 per minute?

The difference starts when the exchange is stating to also manipulation the price.
When he multiplies the volume by 10 a single major dump would trigger panic on the entire environment and of course the price will go down as the ones running it have planned. Happened before, and unfortunately it is still happening.
Back in 2013 everyone was looking at Huobi and OkChina and ignoring the western exchanges and although in reality the real volume was not there 99% of the traders were following it like sheep.

Quote from: samovarul on March 21, 2018, 09:15:49 PM

I think the most important question / idea is - how can we get rid of them or make them play fair.
Dont think we have any solution right now...

PS: the author of the article suggested to remove them from cmc and other reliable sources of information.

Well, you can't really do it unless you want to go against the main principles of a free market.
Censorship and Bitcoin.....it doesn't sound too well.

Quote from: DaveF on March 23, 2018, 01:34:46 AM

The question that is not answered is it is "fake" as in they are not really there as in they are making up numbers.
OR is it "fake" as in a pair of bots trading the same coins between themselves for free (if they are doing it the fees are never really charged)

It's both.
They fake the numbers by creating trades with coins that were never there and of course this is done by bots trading between themselves.
The most simple method they have used is creating a trade where x sells 10 coins for example into a wall made of 100 coins but by miracle the one that gets the coins is the bot himself, not the ones putting the wall for real.

More complicated they insert a small delay for the organic trades, and before executing the trade of +1.5, the bot plays around selling 2 buying 3 selling 4, but again surprisingly your trade comes at the same price you have expected and the 9 coins traded before you had no impact on the real price Tongue

.

These are simple ways of doing it that have been exposed in the past and can be easily tracked, but I'm pretty sure they have an armada of tricks for this kind of stuff