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Topic: Good trading volume doesn't mean a token is good - page 5. (Read 889 times)

full member
Activity: 317
Merit: 100
https://leasehold.io/
Let's talk about p2b, is this a scam trading platform? https://bitcointalksearch.org/topic/m.53155451
About a month ago, P2B always held the leading position on Coinmarket in terms of trading volume. How does the P2B exchange generate virtual trading volumes? I think the Bot has been launched on trading pairs ....
There are too many coins despite the large trading volume, displayed on CMC but there is no liquidity (shitcoin) on it.
sr. member
Activity: 756
Merit: 257
Freshdice.com
You have tangible backings but I also think good volume is part of what makes a token buyable. Am not disputing the fact that there aren't shitcoins with good volume, but am also saying that every team within a project which is aimed to be good to also have a good trading volume because this will make potential investors key in. In the same way, a token without good trading volume risks getting delisted; this is also my reason for good tokens having good trading volume.
Investor mostly check the volumes before taking time to review and research the projects. If they've got good information about the project
surely they will follow and invest to the projects, Traders who understand the market knew what project to use for long and short period and
the first basis mostly of short traders is the volume movements to get the good chance to earn with short period of time.

Indeed, the volume can be a basis though it does not necessarily mean that the coin will always be like that or further improve. There are still risks, but at least you can predict much better market movements of the coin if it has high volume and popular in the market in a given time.
member
Activity: 254
Merit: 10
Streamies Rocks!!!!
The problem is people have the definition of a 'good project' all wrong. How can a project be good if it does not provide any real value, either as a utility or as a security? I have seen good projects die out because of being unable to list on a good exchange nor 'hire influencers' to help create awareness about the project. A good project always has a use case, else its useless.
sr. member
Activity: 1078
Merit: 256
You have tangible backings but I also think good volume is part of what makes a token buyable. Am not disputing the fact that there aren't shitcoins with good volume, but am also saying that every team within a project which is aimed to be good to also have a good trading volume because this will make potential investors key in. In the same way, a token without good trading volume risks getting delisted; this is also my reason for good tokens having good trading volume.
Investor mostly check the volumes before taking time to review and research the projects. If they've got good information about the project
surely they will follow and invest to the projects, Traders who understand the market knew what project to use for long and short period and
the first basis mostly of short traders is the volume movements to get the good chance to earn with short period of time.
full member
Activity: 1498
Merit: 146
Tokens are used for speculative purpose as of now so the token has high trading volume will be considered as better token to be honest but if you are buying token for usage purpose then you need to hold them for few more years to know the project will get successful as payment or you will lose totally.
copper member
Activity: 966
Merit: 14
You have tangible backings but I also think good volume is part of what makes a token buyable. Am not disputing the fact that there aren't shitcoins with good volume, but am also saying that every team within a project which is aimed to be good to also have a good trading volume because this will make potential investors key in. In the same way, a token without good trading volume risks getting delisted; this is also my reason for good tokens having good trading volume.
hero member
Activity: 2170
Merit: 528
I noticed that now there are a lot of fake volumes. Recently, I drew attention to the rapid growth of the  EXMR coin. So her painted volumes from a little-known exchange.

Even when volume is real the coin can be crap. Do you remember coins like LSK, GAME, some of the HDD mined coins. They had nice volume in 2017 and 2018 and now are almost worthless with 90% value loss in 2 years.

Often useless coins are overhyped at the early stage and then reality hits and nobody cares about them.
legendary
Activity: 2436
Merit: 1102
Behold good trading volume doesn't mean a coin or token is good, i read in a thread where few people are saying if a coin has no volume means its a bad coin, well here we go, bad coins can have huuuge volume, you must have heard of bomb token? bomb token has good trading volume but guess what? it has no real use case, the volume comes from HYPE because its a deflationary tokens, people believed that the more a max supply of a token get decreased or burned off over time means they are GOLD tokens, it does bring profits to early adopters like they say but NO REAL USE CASES.
Some of the trading you are seeing in the market are fake, this is not the first time we are getting to know that, it has happened a lot of times. There are some projects that will hire some services to increase the trade volume of their coin and deceive investors into thinking that their coins are active and growing and as time goes on you will come to realize that it was faked. No one should be relying only on trade volume to decide whether a project is a good one or not.

But, if truly a coin has a higher trade volume, that's good most of the time because it means there will be more stability and more liquidity in the market. All these people that pumps and dumps coins mainly targets coins that has low trading volume, because they will bring profit.
sr. member
Activity: 1148
Merit: 432
Yes most of the coins having high volume because of hype created or spreading huge hype news using marketing strategy . This game mostly done by wales they simply create hype around any coin and once they reach their target they will dump . But believing the hype and investing in later stage are real loosers. It was happened with me lots of time
I think not all hype is detrimental, you understand the concept of hype so you can get results in it. the fanatical nature that makes a coin can be hype so it is better to re-examine the method that is done if it is still stuck in hype. people understand that right is hype but they are not able to control themselves in it
sr. member
Activity: 910
Merit: 252
Yes most of the coins having high volume because of hype created or spreading huge hype news using marketing strategy . This game mostly done by wales they simply create hype around any coin and once they reach their target they will dump . But believing the hype and investing in later stage are real loosers. It was happened with me lots of time
hero member
Activity: 1358
Merit: 509
Behold good trading volume doesn't mean a coin or token is good, i read in a thread where few people are saying if a coin has no volume means its a bad coin, well here we go, bad coins can have huuuge volume, you must have heard of bomb token? bomb token has good trading volume but guess what? it has no real use case, the volume comes from HYPE because its a deflationary tokens, people believed that the more a max supply of a token get decreased or burned off over time means they are GOLD tokens, it does bring profits to early adopters like they say but NO REAL USE CASES.
The bad coin may have volume, but to pump the price for a short time. Never heard about bomb coin. Look at the chart since it was listed, there was a drop in volume up to 41k until today. Also, the exchanges it is listed are suspicious. Is the 41k volume higher? I think it is exaggerated too much, do not value the whole market because of any shitcoin.
member
Activity: 633
Merit: 11
Behold good trading volume doesn't mean a coin or token is good, i read in a thread where few people are saying if a coin has no volume means its a bad coin, well here we go, bad coins can have huuuge volume, you must have heard of bomb token? bomb token has good trading volume but guess what? it has no real use case, the volume comes from HYPE because its a deflationary tokens, people believed that the more a max supply of a token get decreased or burned off over time means they are GOLD tokens, it does bring profits to early adopters like they say but NO REAL USE CASES.
Some of the coins have good trading volume was full of whales but not all, first you need to know if this coins has a lot of use cases for a long term or not at least it has. Many of coins are now need to be a good trading volume to say that is "really good" but in the end of the day they need to pretend a good volume coins to hype people. But for me it is all depend on the project/coins if how sure this coins is good.
sr. member
Activity: 1890
Merit: 268
Vave.com - Crypto Casino
yes, not all who have high trading volumes do not all look good and there are not many adoptions of real use, but every project has their road map time to develop their tokens, but high trading volumes also need to increase support for the project, if not how the project will develop properly there is certainly no funding for development
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
Volume doesn't equal to token being good but it equals to token being liked by the public IF the volume is organic. I have seen so many coins that were basically done and horrible and I would call them dead but they had insane volume, why? Because, the owner was making volume all by himself to make it look like it is alive. Dude has millions of dollars in his pocket from this plus millions of the token as well, so when he does one year of 200 btc per day volume on his coin he only loses half of his value.

If the idea works he could sell his coins to replenish his volume, if it doesn't he will keep the other half and just be done with it. I have literally faced with creators of tokens that said "I got the money but there is nothing I can do, I created the coin, now it is in your hands" and left, why the hell did people paid him? We have no idea.
hero member
Activity: 812
Merit: 503
Behold good trading volume doesn't mean a coin or token is good, i read in a thread where few people are saying if a coin has no volume means its a bad coin, well here we go, bad coins can have huuuge volume, you must have heard of bomb token? bomb token has good trading volume but guess what? it has no real use case, the volume comes from HYPE because its a deflationary tokens, people believed that the more a max supply of a token get decreased or burned off over time means they are GOLD tokens, it does bring profits to early adopters like they say but NO REAL USE CASES.
It's true that trading volume is not the only yardstick to determine if a coin is good or not, but in most cases coins with very poor trading volume or negligible trading volume are most times not cool. You gave a very good example with BOMB token to buttress your point anyway, however trading volume reflects people's interest in a particular coin.
newbie
Activity: 28
Merit: 0
As you know, everyday many fans enjoy concerts, festivals, theatre plays and sports matches. Popular events sell out fast. This is often unnecessary, since ticket touts make fast money by reselling secondary tickets. That's bad for venues, theatres, artists and of course for your fans. And GUTS assures that buying tickets for a fair price is simple, transparent and secure. And this is exactly what they are offering with a solution

Sounds interesting, haven't heard of any similar solutions that are innovative in the same time. Thanks, will have a closer look on my own as well
newbie
Activity: 28
Merit: 0
GUTS? Sounds familiar, but I cannot remember for sure. What exactly is the main idea? Or where can I have a closer look at what the team is building?

As you know, everyday many fans enjoy concerts, festivals, theatre plays and sports matches. Popular events sell out fast. This is often unnecessary, since ticket touts make fast money by reselling secondary tickets. That's bad for venues, theatres, artists and of course for your fans. And GUTS assures that buying tickets for a fair price is simple, transparent and secure. And this is exactly what they are offering with a solution
newbie
Activity: 28
Merit: 0
Good evening there. I cannot say that there are many, but of course, there are advanced ones. For example, one of the most promising latest discoveries - GUTS tickets. Have you heard of such a platform? Cause the one is definitely in demand these days

GUTS? Sounds familiar, but I cannot remember for sure. What exactly is the main idea? Or where can I have a closer look at what the team is building?
newbie
Activity: 28
Merit: 0
I would say that much more than just trading volume matters, but of course, this is a pretty independent index. And talking about you, are there many great and advanced solutions with practical value you are aware of these days?

Good evening there. I cannot say that there are many, but of course, there are advanced ones. For example, one of the most promising latest discoveries - GUTS tickets. Have you heard of such a platform? Cause the one is definitely in demand these days
newbie
Activity: 28
Merit: 0
I would say that much more than just trading volume matters, but of course, this is a pretty independent index. And talking about you, are there many great and advanced solutions with practical value you are aware of these days?
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