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/What do you mean by "stable and mature"?
What are the factors that make a market stable and mature?There's no such thing as a stable market.The markets are always unstable,that's how traders make their profit.I'm pretty sure that a big percentage of the crypto trading is run by trading bots and there's nothing wrong with that.The are rumors about market manipulation and fake trading volumes since the creating of cryptocurrency exchange platforms.
I don't think that anyone can do anything to stop them from manipulating the crypto prices.
The price of cryptocurrency in the market will never become stable because there are a lot of people who are selling and investing depending on the situation so you should always expect drastic changes.