Re: How can we stop centralized exchanges from manipulating the price of tokens

Quote from: sunsilk on October 08, 2019, 10:05:38 PM

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

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.

Did it and I found these.

OVER $6 BILLION IN DAILY TRADING VOLUME FAKED ACROSS TOP 100 EXCHANGES

https://www.reddit.com/r/Bibox/comments/7yuarq/bibox_wash_trading/

Crypto Exchanges Are Cleaning Up Wash Trading, BTI Says

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?

Actually, we don't have to attract them, they will come in normally when they see the market shines again. This usually happens when they see the market starts to trigger a bull run. We're just now at the middle of bears and bulls but eventually, 'new money' from institutions will sudden come afterwards.

yes you're right, we don't need to do anything for this. sooner or later "new money" will come to the market. but manipulation makes negative sentiment on crypto never disappear. I hope there will be firm action on this matter. maybe the SEC can help, but unfortunately the average crypto exchange doesn't come from the US. so it's difficult to solve the problem of manipulation.