Quote from: TimeTeller on May 27, 2019, 09:27:15 PM

Quote from: XinXan on May 27, 2019, 08:12:33 PM

To be honest its kind of hard to really determine exactly which volume is real and which is not even for classic assets and stocks. I wouldnt be so sure about the article

Even those top 5 exchanges mentioned in the tweet is not free from wash trading.
But if we consider that everything is real and genuine with the published volume, we can say that bitcoin is really doing great in the market.
It only shows to those people who are still hesitant to acknowledge bitcoin, that there's real money involved in here.
A lot of people are still skeptical when it comes to bitcoin, but the numbers can tell something to them. Wink

Bitwise has done perhaps the most rigorous exchange analysis in the last few years to cut out all the wash-trading exchanges. The ones listed are free of fake trades. Highly recommend reading their full report.