Post
Topic
Board Announcements (Altcoins)
Re: [PHR] PHORE BLOCKCHAIN - Private Decentralized Marketplace & Ecosystem. POS/MN.
by
byleonid
on 22/07/2019, 11:21:37 UTC





Daily trading volume usually does not exceed 200 thousand dollars.

Yesterday IDAX - PHR / BTC - $ 472,295

What is the reason?


At certain hours, the daily PHR / BTC volume on IDAX exceeded half a million dollars.

Who owns so many coins?


This is an abnormal activity, because usually the daily trading volume is kept within 100,000 - 200,000 dollars.

Now there is a decline to $ 40,000 per day.


Is it possible to falsify daily trading volume on a decentralized exchange? I think that these are the games of large traders and nothing more.


The exchange may conduct fictitious orders for a large amount in order to fix a large daily trading volume.

This gives status to the exchange.


IDAX again begins to increase daily trading volume. I hope traders will leave with IDAX when listing appears on a normal exchange.