Topic: How big this market really is? (Read 15118 times)
Giao dịch OTC chỉ xảy ra đối với các lệnh mua và bán khổng lồ, mặt khác, cá voi thao túng>>Gây ảnh hưởng lớn đến tâm lý khách hàng khi giao dịch trên các sàn OTC..
Of course, outside the exchanges, a huge number of transactions are made every second, and there the capitalization is simply exorbitant, and not so meager as it is shown to us at the CMC!
95% of transactions are exchange related. That's why you see a massive rise in transactions on the blockchain when the price pumps or dumps. Most transactions are just people sending to exchanges to buy or sell.
Only a fool would use BTC to buy things. Use shitty money like USD.
Of course, outside the exchanges, a huge number of transactions are made every second, and there the capitalization is simply exorbitant, and not so meager as it is shown to us at the CMC!
Volume transaction of bitcoin is more important how to know bitcoin will raised up or not, many time we got bitcoin could be higher price because have higher volume transaction and make many investor want to buy and invest in bitcoin or altcoin.
That's true, this market is so big because there is no limitation on how low or how high you can have. nobody is going to ask you any questions about your money and this makes it easy to manipulate into the market. even coincryptocap doesn't have some coins information all the coins listed there has the white papers. this is the golden age for crypto and don't waste it.
The market is already big and it continue to increase as the mass adoption keep on increasing too. We can't determine the exact number and volume of the market but the only sure is that market keeps on growing.
I actually start to see more news about fake trading volume reported by exchanges so I'm not sure about CMC data tbh
You have to factor in all the lost coins when looking at the total marketcap. So its not really as big as it appears and a lot of those circulating supplies listed on CMC are false. This market still has a long way to go and don't think hundreds of billions is a lot, that is a drop in the bucket in the stock markets.
I think it would be impossible to calculate trades happend on OTC.But we can estimate it in no more than $100m maybe? or even higher.We dont know untill it will be revealed by those people who do the trades.It is sure that trades on OTC minimums for millions I think because big trades happened on OTC
As many have already stated in which I concur and read somewhere: Coinmarketcap had some not so legitm data information concerning market cap on cryptocurrencies.
Still you can use it to take some approximate value of how much coins exist in the market (in case you are searching for those sweet numbers).
Majority are using that site to monitor the market and to determine it's size. Still you can use it to take some approximate value of how much coins exist in the market (in case you are searching for those sweet numbers).
But this site does not include the OTC transaction of crypto, therefore we are bigger than we can imagine, but not as big to call crypto has a mainstream adoption.
the market cap is a meaningless number
it has always been meaningless. will people just stop referring to it
anyone can surpass the market cap using just $5
yep
make an altcoin with 5 trillion coins. buy one for $5 and automatically have $25TRILLION market cap
yep thats how empty and foolish the market cap measure is
it does not deserve any attention, so dont give it any attention
As many have already stated in which I concur and read somewhere: Coinmarketcap had some not so legitm data information concerning market cap on cryptocurrencies.
Still you can use it to take some approximate value of how much coins exist in the market (in case you are searching for those sweet numbers).
Majority are using that site to monitor the market and to determine it's size. Still you can use it to take some approximate value of how much coins exist in the market (in case you are searching for those sweet numbers).
But this site does not include the OTC transaction of crypto, therefore we are bigger than we can imagine, but not as big to call crypto has a mainstream adoption.
As many have already stated in which I concur and read somewhere: Coinmarketcap had some not so legitm data information concerning market cap on cryptocurrencies.
Still you can use it to take some approximate value of how much coins exist in the market (in case you are searching for those sweet numbers).
Still you can use it to take some approximate value of how much coins exist in the market (in case you are searching for those sweet numbers).
With the more attention been fixed on bitcoin and cryptocurrency, and with some analysis about the imminent failure or crash of the fiat. The market is going to explode in the near future, should we be able to hit a total of a trillion dollars in the crypto market before mid 2020, the whole story about bitcoin is going to change forever. The gradual movement has just started. The main enemy of the decentralized system have seen that it can't be stopped.
It really don't affect the price cause it never have a recorded transactions appears in the blockchain. This simply means that huge investors/whales do some market manipulations by using this strategy and taking advantage over the small players.
It is not really good to us but we haven't such power to stop them cause they are the so-called big players in crypto and making prices to move.
That is a wrong thought process, OTC transaction means they are doing business without the help of exchanges and you really do not see those buy orders in any exchanges but it will appear in the blockchain, if not what is the point of these transactions, these OTC transaction does happen only for huge buy and sell orders, on the other hand whales manipulate by showing these transactions in exchanges which causes panic situation among other investors. It is not really good to us but we haven't such power to stop them cause they are the so-called big players in crypto and making prices to move.
This is why I started this thread --> https://bitcointalksearch.org/topic/m.50480986 because I want those buy trades to be on the Blockchain and having an influence on the price.
A lot of the OTC trades are huge and it has to have a influence on the actual "demand" for coins. My understanding of these OTC trades was that actual transactions took place and not just ledger entries on a OTC database.
Are we talking about the same thing here?
It really don't affect the price cause it never have a recorded transactions appears in the blockchain. This simply means that huge investors/whales do some market manipulations by using this strategy and taking advantage over the small players. A lot of the OTC trades are huge and it has to have a influence on the actual "demand" for coins. My understanding of these OTC trades was that actual transactions took place and not just ledger entries on a OTC database.
Are we talking about the same thing here?
It is not really good to us but we haven't such power to stop them cause they are the so-called big players in crypto and making prices to move.
This is why I started this thread --> https://bitcointalksearch.org/topic/m.50480986 because I want those buy trades to be on the Blockchain and having an influence on the price.
A lot of the OTC trades are huge and it has to have a influence on the actual "demand" for coins. My understanding of these OTC trades was that actual transactions took place and not just ledger entries on a OTC database.
Are we talking about the same thing here?
All transactions are shouldn't really influence the price. At least it doesn't work in real world. If you are coming to abroad, brought back some USD with you and have to exchange it to EUR. This operation in bank doesn't really have any influence on the exchange rate. Only the exchange rate will tell you the exact price and you have to follow it. A lot of the OTC trades are huge and it has to have a influence on the actual "demand" for coins. My understanding of these OTC trades was that actual transactions took place and not just ledger entries on a OTC database.
Are we talking about the same thing here?
This is why I started this thread --> https://bitcointalksearch.org/topic/m.50480986 because I want those buy trades to be on the Blockchain and having an influence on the price.
A lot of the OTC trades are huge and it has to have a influence on the actual "demand" for coins. My understanding of these OTC trades was that actual transactions took place and not just ledger entries on a OTC database.
Are we talking about the same thing here?
A lot of the OTC trades are huge and it has to have a influence on the actual "demand" for coins. My understanding of these OTC trades was that actual transactions took place and not just ledger entries on a OTC database.
Are we talking about the same thing here?
I also read an article about this and in this article it was stated that large mining companies sell their cryptocurrencies on the over-the-counter markets in large lots by prior arrangement. Accordingly, large investors are also trying to make deals on the over-the-counter market so as not to cause excitement in the markets. It is likely that all this is true because if I were in the place of major players, I would do the same. It also seems to me that a quiet purchase of cryptocurrency by major players in the OTC and exchange trades is happening now, but this is done very carefully so that it is not visible
Unfortunately I don't think there's an accurate way of knowing how much bitcoin is being traded through OTC, besides these companies publicly announcing them.
I know it's impossible to determine the exact figure but I believe it's higher compared to the total amount being traded in all combine exchanges.What's your opinion?
I think the turnover of funds can be bigger or smaller, but I'm sure with the development of bitcoin right now, of course it's huge
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