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It's a Wash: The Majority of Cryptocurrency Trading Volume is Fake

 
Anonymous Coward
User ID: 54749076
Australia
04/16/2019 01:31 AM
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It's a Wash: The Majority of Cryptocurrency Trading Volume is Fake
A new report published by the Blockchain Transparency Institute indicates that the majority of cryptocurrency trading volume is due to wash trading.

[link to www.investinblockchain.com (secure)]

lmao

pieINface-earned
Krypto-nite
User ID: 76870046
Canada
04/16/2019 01:38 AM
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Re: It's a Wash: The Majority of Cryptocurrency Trading Volume is Fake
This was always just a test run to figure out flaws, pump strats, etc.

When they DO decide to introduce mainstream crypto, they will crash/outlaw/ban everything else and everyone will get on the ground floor thats hyperinflated, unable to be mined, currency, that TPTB control.

Get your mark of the beast quick so you can cash in!
Anonymous Coward
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Australia
04/16/2019 01:39 AM
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Re: It's a Wash: The Majority of Cryptocurrency Trading Volume is Fake
Yup, and by coincidence I'm watching The Big Short. It's the same damned thing all over again...
Anonymous Coward
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United States
04/16/2019 01:43 AM
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Re: It's a Wash: The Majority of Cryptocurrency Trading Volume is Fake
tard nsacoinagent
Anonymous Coward
User ID: 77002469
United States
04/16/2019 01:45 AM
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Re: It's a Wash: The Majority of Cryptocurrency Trading Volume is Fake
Like the
"professional wrestling" of economics sheeplebahmoney
***Chad***

User ID: 76954902
Canada
04/16/2019 01:46 AM
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Re: It's a Wash: The Majority of Cryptocurrency Trading Volume is Fake
A new report published by the Blockchain Transparency Institute indicates that the majority of cryptocurrency trading volume is due to wash trading.

[link to www.investinblockchain.com (secure)]

lmao

pieINface-earned
 Quoting: Anonymous Coward 54749076


This is news? Thought everyone knew this!
MKULTRA
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Anonymous Coward
User ID: 77082211
United States
04/16/2019 02:14 AM
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Re: It's a Wash: The Majority of Cryptocurrency Trading Volume is Fake
Cryptocurrency is just "made-up" money without any government validation. It is as inflationary as you can get. You can have a thousand types of Crypto, or an infinite types. It is a complete scam.
Anonymous Coward (OP)
User ID: 54749076
Australia
04/16/2019 05:03 AM
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Re: It's a Wash: The Majority of Cryptocurrency Trading Volume is Fake
Yup, and by coincidence I'm watching The Big Short. It's the same damned thing all over again...
 Quoting: Anonymous Coward 75846775


Watch The China Hustle (2017) next.

TBC-stoked