The reason the market has “paper volume” can be seen in a clear example: earlier, even a small amount of volume in Bitcoin would affect the price, and all the altcoins would rise along with it. But now, billions of dollars are being invested, yet the price barely moves, and all the altcoins are just sitting stagnant. This shows that there is no real volume here—nothing is really happening. People’s money is just being eaten up, and fraud has started, with governments and exchanges themselves participating in it.