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NYSE and NASDAQ are regulated exchanges with stable transaction prices (ie- regulatory taxes and fees). Unscrupulous crypto exchanges can generate "volume" out
by syntheticcdo 5y ago
NYSE and NASDAQ are regulated exchanges with stable transaction prices (ie- regulatory taxes and fees). Unscrupulous crypto exchanges can generate "volume" out of thin air without any repercussions.
- reginold 5y agoOh so you mean it's not bot trading, it's actually exchanges lying about volume and transactions? I could see this. Somewhere else it was pointed out during this "crash" that it was all off-chain, blocks and mempool were relatively empty, so the crash was on exchanges.