Post
Topic
Board Speculation (Altcoins)
Re: How can we stop centralized exchanges from manipulating the price of tokens
by
Wexnident
on 09/10/2019, 01:41:39 UTC
While everyone keeps have individual opinions and speculations on the next prices of cryptos, especially on the next altcoin season, I'll say we are moving nowhere because of price manipulation by exchanges. The actions of some exchanges is dropping the prices of tokens unnaturally and these affects market and industry confidence. How can we attract new money into the market when top wash trading exchanges like Bitforex and Bibox still exists and deceives people freely?

I don't need to add links to prove, but just google these exchanges and add the wash trading to your search term, you'll be marvelled at the results you'll find. 
New money would naturally attract itself to the market since that's how basically the market works. As for manipulation of exchanges, I'd doubt those core coins could easily be manipulated. If it ever was, the community could easily observe and determine what is happening and report those exchanges while giving them negative ratings. As for those coins with low participating community, exchanges would naturally nanipulate them for their own profit.