BitSwamp has been under the control of that guy with the 1000k ask wall since July ... someone needs to clean his clock and take him out once and for all ...
The exchanges make a lot of money. Where the money goes? I bet the people behind these sites are not innocent at all like some rigged online poker sites. and they animate the market, their business can continue. Mark Karpeles is just the tip of the iceberg.
... a genuine auction/exchange has genuine buyers and sellers ... and is not frequented by a bunch of con-men, phonies and cut-throat scalpers.
If BitSwamp doesn't want to clean up their act then genuine buyers/sellers will disengage and go elsewhere no doubt.
is it so hard to believe bitcoin is a hot market? with big players getting in and big BTC whales stepping out?
look around...
what do you see?
MtGox Going under
FBI selling coins
Various government trying to figure out what is "virtual currency" and what to do about it.
Ripple being inflated over night and accepted by some unknown bank
Chain Banning Bitcoin
DOGE trading above 1 sat!
and you wonder why its so volatile, you buy at 385 and it come back to 365 so you think maybe the market is rigged!?
wake up buddy...