Post
Topic
Board Bitcoin Discussion
Re: Fake trade volumes
by
Mehedi72
on 08/08/2019, 11:38:17 UTC
I've some concerns and queries, i observed that many altcoins even some major coins create fake volume, if a project is new and initially listed on a small exchange and create fake volume it's obvious understood that they're trying to get listed on coinmarketcap, but A coin which is existed in everywhere, even big exchanges but still they create fake volume on small exchanges, what this means? Why they do that? Is everything just done by exchanges or project itself, and also that makes a clear difference in prices as compared to official price of market that makes frustrated.
There are a lots of reason behind it. Possibly exchanges creates fake volume as because to show people that, their exchange is one of the top and best exchanges.so people should come & trade there!! This is the way that helps their exchange to get much more traffic. More traffic means more income. Sometimes shitcoins developers deal with those exchange to do so as because to get more investment in there shitcoin or they uses bots to create fake volume to show people, their shitcoins is best for investment. Thus they earn a lots of money by cheated with us  Cry Cry