More Than Half of All Bitcoin Trades Are Fake

I found the actual Forbes article to be far more stimulating than the summary in the linked slashdot post (or re-post, really)<p><a href="https:&#x2F;&#x2F;www.forbes.com&#x2F;sites&#x2F;javierpaz&#x2F;2022&#x2F;08&#x2F;26&#x2F;more-than-half-of-all-bitcoin-trades-are-fake&#x2F;?sh=37ac699e6681" rel="nofollow">https:&#x2F;&#x2F;www.forbes.com&#x2F;sites&#x2F;javierpaz&#x2F;2022&#x2F;08&#x2F;26&#x2F;more-than-...</a>

Question: how is an IPO price &quot;maintained&quot; by the banks? Isn&#x27;t that &quot;fake trades&quot;? Basically a kind of pump until they can get out, showly without affecting the stock price too much.

Trading money for money, instead of labour for money.

&gt; &quot;More than half of all reported trading volume is likely to be fake or non-economic&quot;<p>I wonder what basis they use to determine &quot;likely to be fake or non-economic&quot;. Seems highly unlikely they have any concrete evidence.<p>Makes me want to start a &quot;think tank&quot; where I can just publish whatever speculation I&#x27;m feeling at the moment with fabricated numbers built from specious methods to add a veneer of substantiation.<p>(Also, kind of amusing that an article about how bitcoin exchanges are fabricating numbers is fabricating numbers itself.)