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Cryptocurrency News March 13 - burn notice
2018-03-13T16:45:49Z - Ed Zitron / The Next Web
My name’s Ed Zitron and I used to be a spy until-“Bitcoin has crashed to $0, you’re blacklisted”*Sam Axe whistles*. But it’s an important piece in which a guy called Sylvain Ribes accidentally happened upon major exchanges potentially faking their volume. Ribes’ tests were based off of what would happen if you sold a particular amount of currency on OKex compared to other exchanges. This is because the amount of actual trading volume that’s justifying the market price exists to absorb the trade. Conversely, OKex in particular showed a massive amount of slippage on a market sell – 1-4% depending on your pair or amount of money.

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