Quote from: jcarlo on October 15, 2018, 01:01:53 AM

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/

Its hard to say that market being manipulated because cryptocurrency is decentralized and no one can control the supply and we know price always determined by supply and demand.

Sure, the fact that it is a decentralized market and the fact that there is absolutely no regulation yet in place that would really bring about any serious discipline to the market or people tending to not do things however they like or going against some rules such as market manipulations, we will keep having this market manipulated until that regulation is in place.

Most of the things we get to see in this market are something that is not possible to see in the stock market as that can be extremely not so good for whoever tries to manipulate the market either knowingly or unknowingly, and I believe in the long term, this is something we will get to see here.