yefi
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June 12, 2016, 02:40:42 PM

But how do we know its truly fake? Do we?
I mean. It makes sense if that much volume is traded to assume most is fake, but what if its not and the Chinese are going mad for bitcoin.

The real volume could be considerable (OKCoin does a fair bit of fee-paying USD volume), but is unknowable due to the zero-fees wash trading as TERA pointed out.