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RE: Why Unveiling Fake Volume is Essential for Market Growth

Haha @crypto.piotr

No issues on the upvotes, just glad you enjoyed the article.

It is a crude tactic indeed but it is an age old tactic even in Wall Street. Morgan Stanley recently created synthetic shorts for Lyft after its IPO so institutions can bet on it going down. This was what everyone was expecting. Same way, insiders give falsified data on stocks to induce higher volume and price growth.

DEx's will solve this particular issue of exchanges faking volume. In terms of token issuers manipulating volume, DEx's will not do anything.

Wall Street is not transparent, but the point of crypto is to be transparent. That's where my ideals for this article stem from.

Everyone hates Mondays, my friend. I wouldn't trust a person who doesn't :D just kidding!

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Awesome comment @reverseacid

Thank you for taking the time to reply. Appreciate it a lot.

Cheers
Piotr