95% Of Reported Bitcoin Trading Volume Is Fake, Says Bitwise

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The vast majority of reported bitcoin trading volume is false. How many exchanges provide reliable data?

CoinMarketCap reports approximately $6 billion per day in bitcoin trading volume, but the actual figure is $273 million, or roughly 4.5% of the reported amount, according to Bitwise.

[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.] When conducting its analysis, Bitwise culled data from 81 exchanges, which it selected based on reported bitcoin trading volume. Exchanges that reported less than $1 million worth of volume per day were excluded. as part of its application process.Several analysts weighed in on what the report's findings mean for the broader digital currency industry.

 

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Or you can have a mature but fake market and not call it out:

Source please

Can you please comment on airtoto? Actually it is a cryptocurrency which is focussing on online lottery business based on block chain technology

Extremely misleading headline

Surely it is fake. It is just a marketing propaganda for new technology, to encourage people to invest in it. But I think oneday it would be a real situation

Bitcoin is fake actually😂.

WHOAAAAAAA

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