Post
Topic
Board Economics
Re: New report on wash trading scares me
by
bitcoinrays
on 05/09/2018, 08:08:30 UTC
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/
I wouldn’t like to sound selfish, but the main important thing is if it’s beneficial to the majority. (both me and you). So whatever it is they are doing by manipulating the market, it’s left for us to be very much careful on how we deal with this. This is why some people are fighting for regulation, but trust me, if there should be regulations and government should take over, the it’s probably going to be worst.