Sorry bra, my information doesn't come from the fake info the exchange tells me. It comes from looking at charts and seeing the high volume of the orders from one of the largest crypto exchanges out there, man...
Bitcoin Trading Is Actually Far Less 'Noisy' Than Traditional Markets
Sorry bra, my information doesn't come from the fake info the exchange tells me. It comes from looking at charts and seeing the high volume of the orders from one of the largest crypto exchanges out there, man...
So that volume was in one exchange only? How do you know if the exchange is not trading with itself just to rake up commissions? That is what I meant by fake volume. Look up the Wally bot of Mt. Gox fame, bro, if you don't think that is possible.
Yeah well Mt Gox was also a dishonest exchange that exit scammed it's customers. So I don't think we should look at it as an example. But good try though...
How do you know the accounting of the top 10 crypto exchanges? If we go by history, at least 3 of them are cooking the books and will go bankrupt or exit scam.
You failed to make an argument against exchange inside trading, so we will leave at that.
Because there is no need to go there. Any market you go into is going to have some kind of manipulation, so get over it. Tell me about a market that is 100% honest? You can't. So lets stop with the irrelevant facts that have nothing to do with what we are talking about and agree that there is still a lot of volume in BTC.
Have a great day...
Looking for a method to spot wash trading on the chart.
Gotta be out there on youtube somewhere.
Anybody finds a link, pls post. Thanks in advance.
meanwhile,
Bitcoin Pumping! NEW DATA Shows Top Altcoins With Fake Hype Vs Volume, Published on Aug 19, 2019
https://hackernoon.com/fake-volumes-and-wash-trades-on-exchanges-what-should-we-believe-ps2xr38nb
Fake Volumes & Wash Trades on Exchanges: What should we Believe?, August 21st 2019
=-=-=" . . .What do we mean when we talk about fake volume? In reality, all of the trades actually happen, but most of them are just moving funds from the right pocket to the left; exchanges trading with themselves to create the illusion of liquidity. This is called wash trading, and the reason for it is simple: nobody wants to trade on illiquid small exchanges, so they create fake volumes to survive and attract users.
. . .Conclusion
The crypto market can be fairly shady. Like any emerging market, it still doesn’t have any defined, clear-cut rules. All projects, both large and small, set their own rules and follow (or don’t follow) them at will. To navigate this Wild West without losing your hard-earned money, every investor must set their own rules, too. One of these rules must be “Don’t ever look at hyped projects.” It doesn't matter, the fundamentals should be there – a strong team, a clear vision, and a product, like Max Crowdfund has, or a strong idea, like Lisk. " =-=-=
https://cointelegraph.com/news/bitw...itcoin-trade-volume-is-fake-real-market-is-or
Bitwise Calls Out to SEC: 95% of Bitcoin Trade Volume Is Fake, Real Market Is Organized, MAY 31, 2019
https://cointelegraph.com/news/bitcoin-wash-trading-sifting-facts-from-fears
Bitcoin Wash Trading: Sifting Facts From Fears, APR 05, 2019
https://blog.cotten.io/wash-trading-how-crypto-exchanges-are-faking-67-of-trade-volume-19ba61cbad4
Wash Trading: How Crypto Exchanges are Faking 67% of Trade Volume
("Summary
The Blockchain Transparency Institute released a report claiming a large majority of cryptocurrency exchange trading volume was fraudulent, based on “wash trading.”
The Blockchain Transparency Institute (BTI) itself is not an easily traceable entity at the time of writing, and their methodologies for compiling their reports are kept under wraps."
https://www.bti.live/
Blockchain Transparency Institute (BTI)
https://digiconomist.net/archives/
Digiconomist - Exposing the Unintended Consequences of Digital ...
Gotta be out there on youtube somewhere.
Anybody finds a link, pls post. Thanks in advance.
meanwhile,
https://hackernoon.com/fake-volumes-and-wash-trades-on-exchanges-what-should-we-believe-ps2xr38nb
Fake Volumes & Wash Trades on Exchanges: What should we Believe?, August 21st 2019
=-=-=" . . .What do we mean when we talk about fake volume? In reality, all of the trades actually happen, but most of them are just moving funds from the right pocket to the left; exchanges trading with themselves to create the illusion of liquidity. This is called wash trading, and the reason for it is simple: nobody wants to trade on illiquid small exchanges, so they create fake volumes to survive and attract users.
. . .Conclusion
The crypto market can be fairly shady. Like any emerging market, it still doesn’t have any defined, clear-cut rules. All projects, both large and small, set their own rules and follow (or don’t follow) them at will. To navigate this Wild West without losing your hard-earned money, every investor must set their own rules, too. One of these rules must be “Don’t ever look at hyped projects.” It doesn't matter, the fundamentals should be there – a strong team, a clear vision, and a product, like Max Crowdfund has, or a strong idea, like Lisk. " =-=-=
https://cointelegraph.com/news/bitw...itcoin-trade-volume-is-fake-real-market-is-or
Bitwise Calls Out to SEC: 95% of Bitcoin Trade Volume Is Fake, Real Market Is Organized, MAY 31, 2019
https://cointelegraph.com/news/bitcoin-wash-trading-sifting-facts-from-fears
Bitcoin Wash Trading: Sifting Facts From Fears, APR 05, 2019
https://blog.cotten.io/wash-trading-how-crypto-exchanges-are-faking-67-of-trade-volume-19ba61cbad4
Wash Trading: How Crypto Exchanges are Faking 67% of Trade Volume
("Summary
The Blockchain Transparency Institute released a report claiming a large majority of cryptocurrency exchange trading volume was fraudulent, based on “wash trading.”
The Blockchain Transparency Institute (BTI) itself is not an easily traceable entity at the time of writing, and their methodologies for compiling their reports are kept under wraps."
https://www.bti.live/
Blockchain Transparency Institute (BTI)
https://digiconomist.net/archives/
Digiconomist - Exposing the Unintended Consequences of Digital ...
I trade NQ Micros (MNQ). This is good money per tick compared to the other index futures.
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