Quote from: 1Referee on October 08, 2019, 10:16:10 PM

Quote from: Ben_Cryptopolitan on October 08, 2019, 09:04:44 PM

How can we attract new money into the market when top wash trading exchanges like Bitforex and Bibox still exists and deceives people freely?

We never had problems attracting new money. It just comes down to how the price of Bitcoin behaves. In Q2 of this year there was a lot money flowing into the ecosystem, which contributed to the massive increase we have seen. Fact of the matter is that capital enters when the market moves up. Currently the price action is so boring and bearish, that money is leaving the market.

Exchanges such as Bitforex will continue to wash trade, even when no one is using them. It's impossible to prevent them from doing so. The only thing you could do is start a petition to have index sites such as CMC remove them from their site. It would significantly reduce the exposure of exchanges like Bitforex.

That is a nice move, however, this is crypto. People won't care much about a fraudulent exchange.