Look at pathetic BTCChina, supposedly the volume leader.. cant even break down a BTC1,400 wall. They're falling behind because the wall is too large to break.
Pathetic. That exchanges real volume is probably <20K a day, not >200k
Pathetic. That exchanges real volume is probably <20K a day, not >200k
If you don't charge fees you will get bots trading tiny amounts of bitcoins thousands of times a day to take advantage of minor price movements. The volume is not fake, although you might say it's artificially inflated.