~ snip ~
The question is when will such hoax schemes of market manipulation stop?
Really, coinmarketcap was such a trusted source of market data and now this is just a very sad situation. What do you think? What are your speculations about the recent price changes?
I don't know if you are aware about the fake volumes and manipulations done by the Chinese exchange during the early part of 2017. And then suddenly Chinese turn their backs on country for good. But to stop it globally, I don't think its possible because we all know that cypto is decentralized and free market. So there's no central authority to look at this so called
fake volumes or
market manipulations. I agree that its very fraudulent but I don't think that its the first time that we have witnessed it. It's just very obvious lately because of the bear market and every tilt of the price is noticeable. So the only thing we can do is just be vigilant and take every precautions possible to avoid losses in our end.