Post
Topic
Board Economics
Re: New report on wash trading scares me
by
nur rochid
on 06/11/2018, 13:59:12 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/

If that's the case for those big exchanges that the prices in the market is manipulated then it would not be good for the community. But I think it's not manipulations but it is the reality in this ever changing world of cryptocurrency.
it is very unlikely that an exchanger will do this. i think they know to work professionally and certainly won't damage their own reputation. of course if it is right to do and consumers know, then member will immediately leave it