Bibox: Artificially Inflated Volume, in Pictures:

in cryptocurrency •  7 years ago 


CMC volume stats


Web traffic.


Bytom — 62M volume according to CMC. Slippage to $.17/unit if you sold $11,000 at once.


BTC — 30.1M volume according to CMC. Again, major slippage if you sold around $15,000 at once.


BIX order books looks a bit more juicy. 26M volume according to CMC.


Historical data for BIX makes little to no sense. Volume is all over the place, fluctuating between tens of millions to just a few hundred thousand.

Volume manipulation/falsification is nothing new. The fascinating aspect about this is its so easily passed off as “true volume”, even though accessing the exchange and using it would be a clear indicator its not.

As always, make your own decisions.

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