Post
Topic
Board Speculation (Altcoins)
Re: How can we stop centralized exchanges from manipulating the price of tokens
by
NathanJB
on 09/10/2019, 13:37:17 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. 

This will only affect shitcoins so it does not matter to me whether these shit exchanges will wash trade shitcoins. Let shits manipulate their fellow shits. Even if they manipulate and manipulate, they can never manipulate the prices of Bitcoin, ETH, XRP, LTC, and so many other top coins. And also sooner or later, nobody will trust them anymore. And with so many other options in the market, they cannot be a loss to the traders. They will eventually shape up or die.