Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Thadeous on March 30, 2019, 10:07:50 AM

Title: Crypto trading volumes growth: fake or real?
Post by: Thadeous on March 30, 2019, 10:07:50 AM
According to CMC, trading volumes of major crytocurrencies (BTC, ETH, EOS, LTC, etc.), experience constant growth since the middle of 2018. And it's obvious that the number of exchange platforms grows as well as number of trading bots on those exchanges.
But what about actual crypto interest which is represented by real people buying and selling crypto?
My guess is that there is no direct dependence between current crypto volume growth and actual crypto interest.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: dragononcrypto on March 30, 2019, 02:19:12 PM
I think it is a major issue, if 95% of the volume is fake then the volume is not similar to December 2017 but the lowest BTC has seen in years. Personally I'm torn on these statistics, as there are some altcoins that are gaining more volume than ever before from the reputable exchanges. So it's definitely true in some cases that there is genuinely more volume for some coins, but it's quite obviously not the case for Bitcoin when you look at more respected exchanges.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: MVT$ on March 30, 2019, 05:25:06 PM
I think a good percentage of the trading volume are fake. Some of them are also just temporary due to the trading competitions done on  multiple exchanges.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Bobcrypto on March 30, 2019, 07:49:19 PM
I also think that most coins volume does not reflect on the actual trading activities on some of these exchanges. I have thought about this volume of a thing and it becoming obvious that must coins volumes are not real, they may be constantly adjusted to promote some of these coins/token in my opinion.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: sturec22 on March 30, 2019, 08:11:54 PM
Bitwise Asset Management went all in and filled a report to the SEC.

They found this:
- (Mostly) Legit exchanges trade history looks random, suspicious ones look a little too "perfect" and "predictable"
- Every buy has a corresponding sell on suspicious exchanges (typical of wash trading...)
- Spreads are tens to hundreds of dollars on 500 million volume Coinbene, compared to 0.01$ on Coinbase that has 1/18th their volume. 
Title: Re: Crypto trading volumes growth: fake or real?
Post by: andrewBud on March 30, 2019, 11:16:46 PM

If mining is carried out on a number of exchanges, then usually the trading volume is fake.  Now it is generally difficult to understand whether the volume is real or not.  On the other hand, the exchange is deductible fees - so they are interested in creating a certain amount.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: indexx on March 30, 2019, 11:21:10 PM
Well, it depends on the coins that we refer to. Sometimes, the new coin that is listed will have the very great volume. However, some people sign that some of the trading volumes are fake or done by the team itself. However, why should be a matter? It may be one of the strategies.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: verifyme on March 30, 2019, 11:46:51 PM
I don't know exactly how the volume of crypto trading in CMC can be defined as fake or not. Maybe it is the strategy of certain people or team in order to make the coins more interesting? Or the strategy to make the coins having a certain volume.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: vegasus on March 31, 2019, 12:27:31 AM
I know that there are many exchanges that manipulate the trading volumes of some coins. But we should note that not all exchanges do the manipulation. Some of them still have real volumes on crypto trading, especially the most famous exchanges such as Binance, Kukoin, Coinbase, and etc.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Shahinaz on March 31, 2019, 04:42:20 PM
fake trade is very detrimental to investors, I think, because they manipulate the volume of sales with BOT, and they also often use competition so that the volume goes up, but in this way the market situation will not last long
Title: Re: Crypto trading volumes growth: fake or real?
Post by: masterrex on March 31, 2019, 05:03:23 PM
According to CMC, trading volumes of major crytocurrencies (BTC, ETH, EOS, LTC, etc.), experience constant growth since the middle of 2018. And it's obvious that the number of exchange platforms grows as well as number of trading bots on those exchanges.
But what about actual crypto interest which is represented by real people buying and selling crypto?
My guess is that there is no direct dependence between current crypto volume growth and actual crypto interest.
We must admit that some of the exchange platforms are doing fake trading volume to gather more users and its already the reality and because of these im not surprise the news because i doubt it as early as 2016.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Luckyperson21 on March 31, 2019, 08:06:02 PM
I have no idea. Price increases and decreases are controlled by various parties. Maybe they only increase prices not because of interest.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: aiviaa485 on April 01, 2019, 02:18:02 PM
Only a few of the original volumes are in cryptocurrency trading.
I also see this news on Bitcoinist, and I am very sorry for this because I think fake volume will harm traders.

Look at Proof = https://bitcoinist.com/bitcoin-exchange-10-real-volume-bitwise/
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Ghozrd on April 01, 2019, 03:10:42 PM
Some crypto exchanges show high trade transactions for the Crypto trade, if on trading volume there are many strange behaviors, I think all transactions still exist today even since the decline in prices of BTC and other coins all transactions will be recorded in the blockchain ledger.
If we see crypto's market capitalization at CMC increasing over time, I think this is real and I always adjust to the prices listed in crypto exchanges
Title: Re: Crypto trading volumes growth: fake or real?
Post by: tsakf on April 01, 2019, 03:35:05 PM
Growth, is real, because more and more people, find about cryptocurrencies. This will continue, until mass adoption. Then, there will be a slower growth, bacause of new projects.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Contagem on April 01, 2019, 08:22:09 PM
I believe that there is no direct connection between the volume of trades on crypto exchanges and people's interest in cryptocurrencies, because many holders of cryptocurrencies do not trade them, keep their coins in their wallets or on the stock exchange in anticipation of price increases. Some people want to buy Bitcoin or altcoins at a lower price, so they are holding USDT and other stablecoins now, so they also do not create trading volumes on the exchange, but they have an interest in cryptocurrencies.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Black ID on April 02, 2019, 11:31:11 PM
For top exchanges that are recommended by most crypto traders, I am no doubt with the volume growth. Binance and Karaken are the examples, they won't make their reputations become negative among traders with fake volume growth.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Tristanerus on April 03, 2019, 12:12:16 AM
Its obviously seen on the book order to make it sure the volume was really high. And as i noticed now crypto market doing great fluctuations, particularly in bitcoin.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: tsakf on April 03, 2019, 03:40:15 AM
I believe that there is no direct connection between the volume of trades on crypto exchanges and people's interest in cryptocurrencies, because many holders of cryptocurrencies do not trade them, keep their coins in their wallets or on the stock exchange in anticipation of price increases. Some people want to buy Bitcoin or altcoins at a lower price, so they are holding USDT and other stablecoins now, so they also do not create trading volumes on the exchange, but they have an interest in cryptocurrencies.

Of course. Your point increases the number of cryptocurrency enthusiasts, I don't think that whales, will do unprofitable trades, just to increase volume. That's why, I think it's real.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Purwodadi on April 04, 2019, 09:51:43 AM
I think that's the way it is, and I strongly believe that crypto trading is growing over time, and this year I'm sure to experience even better growth.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: LogiC on April 04, 2019, 11:46:22 AM
Actually people are now more inclined towards on investment rather than the actual growth of crypto. Do you think those IEO investors who bought the token even read any details on the token their purchase? Probably not but after only the profit when those token started to trade.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: masterrex on April 04, 2019, 12:42:44 PM
According to CMC, trading volumes of major crytocurrencies (BTC, ETH, EOS, LTC, etc.), experience constant growth since the middle of 2018. And it's obvious that the number of exchange platforms grows as well as number of trading bots on those exchanges.
But what about actual crypto interest which is represented by real people buying and selling crypto?
My guess is that there is no direct dependence between current crypto volume growth and actual crypto interest.
I think some of them using fake data, But i believe also that most of the well known exchange has a "true exchange volumes", and not faked. its only a misunderstanding of some people related on data and insights platforms like CMC etc. and it should not be generalized.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: gotbounty on April 04, 2019, 11:48:31 PM
There is a possibility for the coin to have a fake trading volume, even in the coin market cap. Moreover on the other new exchange. It will give some benefits to the coins and also exchanges. However, it may deceive us. Therefore, be smart and careful when analyzing such coins.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: toheed2x on April 06, 2019, 05:24:18 PM
vol on exchanges expect top 10 all fake as new report comes Binance and Bittrex some other exchanges like Upbit are legit all other fake volume  :'(
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Xisadu on April 19, 2019, 01:52:57 PM
I think that we need to be careful whit possibility to jump into conclusion. Trading volume means sum of all trades where people have bought and sold their currencies. If we take development from the end of last year, then increasing volume was on the selling side
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Rituvohra01 on April 19, 2019, 03:03:23 PM
No idea about the trading volumes growth fake or real. But the price always increases as well as decreases by whales or big investors.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: masterrex on April 19, 2019, 03:12:26 PM
According to CMC, trading volumes of major crytocurrencies (BTC, ETH, EOS, LTC, etc.), experience constant growth since the middle of 2018. And it's obvious that the number of exchange platforms grows as well as number of trading bots on those exchanges.
But what about actual crypto interest which is represented by real people buying and selling crypto?
My guess is that there is no direct dependence between current crypto volume growth and actual crypto interest.
I think some of it are just wash trading volume. But some of it are indeed true CoinmarketCap was one of the trusteed data and insight platform to date im sure these accusation was just more on baseless and some truth i think!
Title: Re: Crypto trading volumes growth: fake or real?
Post by: trauchot on April 19, 2019, 03:46:23 PM
Almost all the exchanges use various bots that cheat with volume, several different companies checked it and showed the real volume of these exchanges and it turns out that almost all the exchanges lie to us.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: alstevenson on April 19, 2019, 04:33:06 PM
According to CMC, trading volumes of major crytocurrencies (BTC, ETH, EOS, LTC, etc.), experience constant growth since the middle of 2018. And it's obvious that the number of exchange platforms grows as well as number of trading bots on those exchanges.
But what about actual crypto interest which is represented by real people buying and selling crypto?
My guess is that there is no direct dependence between current crypto volume growth and actual crypto interest.
Nope real people buying and selling crypto are increasing this past few years. But we cannot deny that there are too many exchanges that have a wash trade volume just to deceive traders that there are liquidity.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Bit on April 19, 2019, 11:42:30 PM
I don't really know that crypto trading volumes are fakes or real. It should be known from research. As I have no time for doing research about it, I just think it is real for top exchanges. But for not really famous exchanges, I don't have any ideas.  :D
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Ryanpogz on April 20, 2019, 07:18:36 AM
Interesting how the problems crypto is finding its way through mirrors problems the stock market is making its way through -- bots trading on stock exchanges blinds us to the true state of the market.

New stock exchanges have sprung up and are currently earning users because they have introduced latencies to reduce bot trading. This will probably have to happen for crypto exchanges as well.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: andrewBud on April 21, 2019, 11:06:28 PM

Of course, part of the trading volume is fake.  But it is no secret that more and more people are becoming interested in cryptocurrency.  Now there is quite a lot of positive news.  Mass acceptance of cryptocurrency is coming.  More and more institutional investors are interested in cryptocurrency.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Whate on April 22, 2019, 12:36:40 AM
We must be careful in our attitude about trading volume. This can be fake data that is deliberately raised to lure sellers or buy to enter. But the most important thing is that we are not too late in the game.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: juv3ntus1 on April 25, 2019, 11:47:17 AM
A lot of exchange are using fake trading volume(wash trade) for atract the people,if you will see some coin who have more money tranzactions in the last 24 h than the total of the marketcap.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: comer on April 25, 2019, 12:41:03 PM
It is true that there are coins which has fake volume on the exchanges, these mislead to the investors to invest. But we also know that there are real volume which has huge supporter from the crypto world. It is always advisable to investigate and do research prior putting your capital to a crypto investment.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: sampoerna on April 25, 2019, 03:21:25 PM
To tell the truth, personally, I don't want this condition. However, I think in some exchanges as shown in CMC, it is true enough.
Some trading volume may be fake and they only focus on showing the high trading volume but only in some period or moment. That is why we must be smarter and more careful in facing this condition.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Anzal RK on April 25, 2019, 05:46:12 PM
It is true that the current trading volume written on CMC is not necessarily accurate as before because of the influence of bots.
but maybe bots only fill 10% of the volume and others are real trading.
we can see when prices go up there will be people who give high walls and when there are people going down there will be people who buy expensive, in my opinion bots don't really affect trading volume.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Thadeous on May 11, 2019, 01:24:41 PM
Interesting, but today we see volumes greater that they were in December 2017!
Can it be considered as a serious bullish sign?
Title: Re: Crypto trading volumes growth: fake or real?
Post by: tsakf on May 11, 2019, 03:45:54 PM
Interesting, but today we see volumes greater that they were in December 2017!
Can it be considered as a serious bullish sign?

We still have time, for the bull run. Market, is changing direction, and this is VERY GOOD! When, a lot of people find out about the market (it needs time) we will see higher prices, compared to 2017.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: alltalk on May 11, 2019, 04:37:06 PM
Can it be considered as a serious bullish sign?

I think "yes". The high increase today shows a positive trend both on Bitcoin and altcoins. I see Bitcoin can reach up to $6,899 currently. It is an abosolutely great move on Bitcoin price. Yes, it is a serious sign.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: I-Bit on May 11, 2019, 05:06:46 PM
I can't guarantee 100%. However, the possibility of fake volume on the exchange is very high. The proof is when we observe how a coin moves in a market or the progress of an exchange, they can look natural or fake. This sometimes needs to be taken care of so that we don't get stuck just relying on large volumes.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Thadeous on May 11, 2019, 11:19:43 PM
Well, I'm pretty sure that most of volumes are still fake. But the price growth is real.
So let's see is it another pump and dump follow, or we experience another historical "step-to-the-moon".  ;)
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Coin63@ on May 12, 2019, 12:12:53 AM
Wow it's very much important and effective information because maximum ico and IEO, they show fake and false volumes. Hence investors faces a lot of losses.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Dian on May 12, 2019, 06:41:19 PM
For new coins I think the volume of trade is inseparable from manipulation, but for coins that are ranked top then the volume of trading is real.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Malam90 on May 12, 2019, 06:52:50 PM
Most of the exchanges show its fake volume in the coinmarketcap. Almost all exchanges use boot to show fake volume. I have observed that CMC showed such a volume but i haven't found that real volume in that exchanges from my practical experience.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: 88percent on May 12, 2019, 09:28:23 PM
I ever heard about fake trading volumes on an exchange at previous. But I never see again the same news currently. I think there are no fake trading volume cases again now.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Cutter Cute on May 14, 2019, 07:15:38 AM
If the trading volume of coins is manipulated, I think the price of coins such as BTC and altcoin will not be the same in some crypto markets around the world, I still remember when BTC prices rose and saw coinmarketcap, there were indeed price differences, but all were based on calculations of trading volume in each Crypto exchange
Title: Re: Crypto trading volumes growth: fake or real?
Post by: gurunanakji777 on May 14, 2019, 07:46:22 AM
Obviously there might be some fake volume but best thing is market is rising again so we should not worried about it. There are many crypto exchanges now and some are unknown exchanges to most of us I believe such exchanges do show fake volume to show the high liquidity on their exchanges to attract the investors. We can say fake volume is to simply attract the investors.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: abdmuiz on May 14, 2019, 07:53:22 AM
it could happen in some pulses, but in my opinion the current trade volume is very real because new investors are coming to this industry
Title: Re: Crypto trading volumes growth: fake or real?
Post by: OptimusPrime on May 14, 2019, 12:13:56 PM
It has been speculated that some exchanges displays Fake volume which with my observation and research know it's true. But in as much that the fact that some exchanges present fake volumes, some of the exchanges have real volume so it's a complicated issue
Title: Re: Crypto trading volumes growth: fake or real?
Post by: MuTu on May 14, 2019, 02:15:41 PM
Yep, we often hear and see fake volume manipulation on many exchanges. I am not too confused if we can take advantage of the opportunity for profit why not.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Moykoy on May 14, 2019, 06:32:39 PM
in my observation, almost all exchanges use boot to display fake volumes.  I have observed that CMC shows volume like that but I have not found real volume in exchange from my practical experience.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Rindian on May 14, 2019, 06:46:07 PM
I see the growth that is happening now is real. Because this growth has come surging and sustained since February. If this growth is false, then its arrival is only temporary and lost.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Thadeous on May 15, 2019, 12:20:47 AM
It has been speculated that some exchanges displays Fake volume which with my observation and research know it's true. But in as much that the fact that some exchanges present fake volumes, some of the exchanges have real volume so it's a complicated issue

Current volume growth is not about fake data reported by exchanges.
In my opinion, 2/3 of entire crypto volumes is constantly produced by army of trading bots.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Alcor on May 15, 2019, 07:16:47 PM
Fake cryptocurrency volume can not last long. We see an increase in trading volume, level of capitalization and prices since the beginning of April. These indicators can not be fake. Now we can already say that we have entered the bull market stage. Everything came to life, people again reached out to cryptocurrency.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: comer on May 15, 2019, 10:23:00 PM
It has been speculated that some exchanges displays Fake volume which with my observation and research know it's true. But in as much that the fact that some exchanges present fake volumes, some of the exchanges have real volume so it's a complicated issue

Current volume growth is not about fake data reported by exchanges.
In my opinion, 2/3 of entire crypto volumes is constantly produced by army of trading bots.
we can't really deny the fact that some exchanges are using fake volume to attract traders, in todays volume I think big part of it is real not fake. The increase of value of btc even if there were reported hacking of some exchanges is a proof that the volume is real because if it's fake the price will surely collapse by now.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: tonymillions84 on May 15, 2019, 10:42:42 PM
The trading volume we all see on CMC is not real. it is just a system automation with few reports from certain exchanges not all. as you mentioned that most trades these days are conducted by bots. trade is trade no matter who created it. i doubtt if people do trade these days.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: ayatoslaw on May 16, 2019, 12:57:47 AM
some exchangers usually have fake trading volumes,
but some are true and have big volumes,
so we have to look first, because not all exchanges have honest trading volumes.
and we also have to pay attention, even large exchangers sometimes have fake trading volumes.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Absolutep on May 17, 2019, 07:27:47 AM
Too many fake volumes on exchanges and this is not funny anymore at all because it will do more harm to the crypto market than good.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Thadeous on May 20, 2019, 06:55:41 PM
Too many fake volumes on exchanges and this is not funny anymore at all because it will do more harm to the crypto market than good.

Concerning harm: look at huge stock markets, I'm pretty sure that their fake volume part is much bigger than crypto one.  ;)
Title: Re: Crypto trading volumes growth: fake or real?
Post by: pelana vreo on May 20, 2019, 11:26:08 PM
When you have to trade crypto in crypto exchanges and make orders, your order will be missed, because many bots have manipulated the selling price on the market, but need data to prove it and I think you will know what I mean, when the price of tokens in CMC goes up with high volume, but after going to crypto exchange, I don't see the same trading volume as CMC.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: aji678 on May 21, 2019, 01:38:17 PM
sometimes there is also a volume of trading used to pump and dump as they wish to have large assets, the popes. coinmarketcap is my reference to see healthy and real trading volumes. in my opinion the interest in crypto is increasing.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: tsakf on May 21, 2019, 02:07:18 PM
I think that the latest trend, shows clearly, that the market is growing. I'm not afraid, of the sudden drops, because, I think we are in an up cycle, that will last for long (about a year or more).
Title: Re: Crypto trading volumes growth: fake or real?
Post by: aldenlim on May 21, 2019, 02:39:06 PM
When you have to trade crypto in crypto exchanges and make orders, your order will be missed, because many bots have manipulated the selling price on the market, but need data to prove it and I think you will know what I mean, when the price of tokens in CMC goes up with high volume, but after going to crypto exchange, I don't see the same trading volume as CMC.
But using bots are completely legal especially for those traders with huge amounts of assets they are usually using
bots for trading in different kind of exchanges. CMC already admitted that they are having problems about fake
volumes and they are going to do some serious remedy to this problem.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: coinlurker on May 21, 2019, 06:38:06 PM
According to CMC, trading volumes of major crytocurrencies (BTC, ETH, EOS, LTC, etc.), experience constant growth since the middle of 2018. And it's obvious that the number of exchange platforms grows as well as number of trading bots on those exchanges.
But what about actual crypto interest which is represented by real people buying and selling crypto?
My guess is that there is no direct dependence between current crypto volume growth and actual crypto interest.

Is the volume growth real or fake i am not sure of it and one should not just depend on it but more to how you manage your portfolio risk in the crypto market and dont be greedy.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Laslo on May 21, 2019, 09:32:34 PM
The market is definitely growing, because at the beginning of May the crypto industry proved its stability when there was no collapse in the market after the appearance of yet another contradictory news about Bitfinex and Tether!
Title: Re: Crypto trading volumes growth: fake or real?
Post by: alfatih99 on May 23, 2019, 12:14:17 AM
Crypto's growth at this time is very good indeed and I am very happy and I really believe that crypto will grow further into the future.
Title: Re: Crypto trading volumes growth: fake or real?
Post by: Thadeous on October 20, 2019, 11:38:43 AM
For example: right now BTC volume is back to April-May 2019 levels.
Should it tell us that Bitcoin price is slightly moving towards $5-6K levels?  ;)
If BTC hits those levels next month, it will prove this hypothetical dependency.  8)