Quote from: target on August 28, 2018, 03:47:30 PM

Quote from: charlotte04 on August 28, 2018, 03:03:56 PM

Quote from: Bitchef2112 on August 28, 2018, 01:34:43 PM

Hey guys, so i've read a new report on how much of the exchanges volumes are just wash trading and the numbers are way too high for what real users do>.

This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated.
What do you think of the current state of big exchanges and price manipulations that we experience?

my source: https://www.blockchaintransparency.org/reports/

Everything in this world is being manipulated by some powerful people out there. So, the crypto market is not all different from it and it is more prone to manipulation since it is decentralized.

And so decentralize is a two edge sword. But I do believe what the above users said, there is just so much demand for BTC that it doesn't matter whether the manipulation of those exchanges are true. If the market has been manipulated for a long time, I guess they are also responsible for making us all richer. I say thanks to that. There must be a fight over who manipulates better among those who wants to.

that is true, being decentralize is more of a dual blade for every user, either you earn when they earn and loose when they loose, what matter is how much you can afford to, it depends on how much we invested, it is a one time punch for the big holders, it is either they hodl the sell big, while small time users never hodl but panic sell instead, while the demand is high but the supplies are low, if being manipulated, we have to take advantage of it. one punch for us, 10x for them, make sense.