Post
Topic
Board Bitcoin Discussion
Re: How Many People Are Really Trading Cryptocurrency?
by
NeuroticFish
on 02/07/2019, 10:17:24 UTC
I found this article extremely interesting. It raise some solid points about How Many People Are Really Trading Cryptocurrency.

Old news and no new info. And then why bother? Because the price rose a little and every blog and new site expects more traffic?
Yes, the volumes are manipulated. Most have learned to live with it. It's the volumes, not the actual price, you know...

Of course the reporting is wrong - higher reported volumes means that more would use that exchange and more users means more money from fees.
But if the volumes are highly incorrect, the liquidity will be unsatisfactory and the traders will find another exchange.
Again, we have learned to live with it. This will continue to go on until proper regulation will be imposed on (all!) the exchanges.