Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: nagamerah on October 12, 2018, 11:26:19 AM
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Found an interesting article in which one guy did some datamining on some popular exchanges and their volumes:
https://medium.com/@sylvainartplayribes/chasing-fake-volume-a-crypto-plague-ea1a3c1e0b5e
Apparently a few of these giants are falsifying their volumes. Maybe because a higher market cap would make people think it's a more trustworthy exchange? I don't know if it's really worth going through all of that effort.
Would this have a major effect on the prices? I know we used to see huge differences in prices in the past, but now you won't see much more than a few percent here and there between exchanges.
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Fake volume usually happen in exrates.me and bitforex exchange, thats why bitforex deleted in coinmarketcap.com