Obviously they are skewing the chart and frauding people
DECENTRADICAL
@DECENTRADICAL_twitter
There was a recent report that said only 3 exchanges (Binance, Bittrex and another one) didn't fake their volume. That means that CMC relies on a TON of fake volume for their data.
For price action this doesn't matter because the fake volume always centers around real prices on the real exchanges in order to avoid getting hosed by arbritrage. But as far as volume itself goes it's a swindle.
Michel van Kessel
@michelvankessel
Coinegg price is always higher for BLK.
daniel clough
@balance138_twitter
Coinegg doesn't allow arb :P
Michel van Kessel
@michelvankessel
trying to get the price up on Bittrex! please help! :-)
Michel van Kessel
@michelvankessel
higher than this, I am not able to push it :-)
need more help for that sell wall
Michel van Kessel
@michelvankessel
is it?
:-)
daniel clough
@balance138_twitter
I want low prices
wish anyone not staking would just sell the price down and down :P
Michel van Kessel
@michelvankessel
High or low...either way is better then this 😅
daniel clough
@balance138_twitter
If we want to drive up prices we should do fundraisers.
But, I'm guessing prices will be generally mean reverting.
mindphuq
@maniac0s
I always wanted to make a fundraiser for Tasmanian Devils... they are an endangered species and need help
daniel clough
@balance138_twitter
that would be cool
mindphuq
@maniac0s
I suggested that a year ago already or so but it never got catched up. I also suggested making a taz devil the mascot of blk
Unfortunately atm now I don't have any focking time to do anything what so ever...
daniel clough
@balance138_twitter
life is busy, and long :)
mindphuq
@maniac0s
yeah right now it's pretty awfull. need to build a security system for a storage house with rfid tags. never done that before...
"Currencies" are theoretically "mean reverting assets". PoW must increase in price or the network will collapse in relation to mining cost and halfings. PoS can be more stable and rise in relationship to the value of it's trading pairs, hype, and adoption.