Poll: Is there such a thing as a "manipulated" coin price,…
Poll:
Is there such a thing as a "manipulated" coin price, vs. simply a "market price"?
A - Yes. Manipulated price is a thing.
B - No. Price is price.
If A, what defines "manipulation" vs normal trading activity and strategy?
Replies
A. When a coin's "price" is in USD but fake USD is being pumped in to inflate it (i.e. tether)
A.
According to Messari analytics, straight up 95% of crypto volume is fake.
BSV is even worse. 99.5% fake volume.
now add Tether etc..
https://messari.io/screener
I reckon this is why BSV has such violent swings
What does "fake volume" mean? If a trade is executed, someone buys/sells, it's real.
Fake as in automated bots? Fake as in trades not actually happening but being reported to happen?