🔵 FAKE Trade Volume (95%!) on CoinMarketCap! These are real standings: BTC#1, EOS#2, ETH#3, BNB#4

• OpenMarketCap (with corrected volume figures)

• How much are cryptocurrency volumes overstated?

• Definition of “wash trading”:

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Disclaimer: The views expressed in this video are strictly my own and are not to be construed as trading advice. Do not buy, sell or otherwise trade cryptocurrency based on the content of this video. I am merely sharing what I have done and what I would do in various situations as an educational tool only.

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⚡Colin Talks Crypto⚡ wallets & links:

💜 EOS donation address/account name: colintcrypto
💜 Ethereum (ETH) address: 0x5b90414Aeb115f910698304E63C2C3092739c9c0
💜 Bitcoin Cash (BCH) address: qpzc3apy9s8x2qtlqxxgnalfxtzgnkg5nq352w9k2t
💜 Bitcoin (BTC) address: 1Da6ivdriJpzqnLkNEa1XnKk5nGCiyRZrF

[DVZ]

You know that you just faked ETHs Trusted Exchange Volume?
Is 129.228.711 not 116.422.881.... so ETH is in 2th place.

[the_white_rabbit]

If you have 300 exchanges and you rule out 290 of course the volume is drastically decrease. It doesn't mean it is all fake. They might cheating but ruling them out doesn't show the amount of it.

[bizzybiscuit]

Living through the Wild West days of crypto 😐

[jrock]

I belive this market is starting from square one. The reason prices aren't moving despite all the progress is because there is no volume. Hodl'ers, miners and initial investors make up the holdings. Look at xrp, #7 that explains why it hasn't moved in months. Perfect set up for EOS, once again showing its tops.

[LeeGordonSeebach]

It's not the fault of the coins, as I see it. It's the exchanges and the traders. Correct me if I'm wrong. Thanks.

[connylaurine]

This news should actually have a nuclear impact on the prices.

[robertklaassen]

Then CoinMarketCap should be charged on false advertising. Trust is everything !...

[imaginingtech]

Great video super pertinent information

[macrocrypto]

Consistently smashing thought leading content. Congrats!!!

I have to buy eth on coinbase move to binance to get eos. I cant be the only one. How much would eth volume fall if we could onboard directly

[thenavigator]

so basically our cryptos aren't traded as much as we though.
so we're really in it earlier than we imagined.
would be interesting to see what volumes were last bull run.

[mahajian]

Thank you colin always looking forward to your breaking news!

[sirdigbychicken-caesar]

Great content that needed to be made. Thanks for the eye opening information my dude

[sirus]

basically we will see a monster flash crash where everything will just plummet. Will that be the bottom..or final drop and it stays down? time will tell

[mdxcrypto]

great content colin, really interesting!

[andrewmorris]

Hopefully Kraken, Binance and Bitfinex are innocent.

[SwaptakDas]

One of your best videos. Good job Colin.

[jjjunkie]

I would say it was a higher than average volume day for eos though. But I'm thinking there will be a few of these in the near future. I love that the free market is finding solutions to corruption. Thanks Colin.

[squarebynature]

Great job, million thanks to open our eyes

[wesevans]

OnChainFX also has a metric to sort volume by those 10 exchanges in the Wise report.

[cryptoconomy]

It will be interesting to see how decentralized exchange(s) might affect this type of activity in the future.