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How can we trust the exchanges to set the prices?

Discussion in 'Exchanges' started by mikenewhouse, Aug 20, 2018.

  1. mikenewhouse

    mikenewhouse New Member

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    When looking at coinmarket cap the top exchanges by volume are ones I've never heard of people using.
    1. is that assumption correct that they are hardly being used and the volume numbers are faked?
    2. if so, doesn't that mask real price movements from real people buying on active exchanges?
    It's quite frustrating and frightening that a decentralized project needs to rely on unaccountable exchanges to help set the price.

    The good news I suppose is a shady exchange can only operate so long before going under, right? That is unless of course they are trading against their manipulation of prices (the ultimate insider trading). The more I think about it the more it worries me.

    Do you think this is an actual problem, why or why not?

    If so what can we do about it?
     
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  2. kuja

    kuja New Member

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    By looking at how the orderbook and trades execute, we can tell some.
    if they move erratically that menas tthere is some bad manipulation going on
     
  3. Sarah Roberts

    Sarah Roberts New Member

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    We can also try the latest tools for exchanges.
    from that we can get the latest exchange values and i know most of them are fake or not exact but there is also some very good exchanges evaluations are there so i think that might be useful.
     
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  4. Namita Patel

    Namita Patel New Member

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    You need to perform the fundamental analysis and check all the behavior and fluctuation pattern of its past. This will surely show anything that is suspicious. There are many manipulators in the market.
     
  5. Chefbowpro

    Chefbowpro New Member

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    I was just reading how traders can go from one platform to another and trade exact altcoins with as much as a 25% difference in value and profit from the discrepancies. That makes me very nervous.
     
  6. Sarah Roberts

    Sarah Roberts New Member

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  7. Marlin Ethridge

    Marlin Ethridge New Member

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  8. Sarah Roberts

    Sarah Roberts New Member

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  9. aaroneiseheim

    aaroneiseheim New Member

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    I will Suggest https://bitcoinlvx.com/ which is new to a market. It is an is a Euro-pegged cryptocurrency that provides payments, exchanges and remittance. It is a fast transaction and lowest fee.
     
  10. Benji77

    Benji77 Member

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    I think it's only possible to analyze past exchange experience by learning which one is trustworthy.
     
  11. waitingforday

    waitingforday Member

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    future belong to the decentralized exchanges, i mean not only trading, but a lot of other things
     

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