Pages:
Author

Topic: Interesting to see the Crypto volumes getting more inclusive. - page 2. (Read 543 times)

sr. member
Activity: 2436
Merit: 272
Eloncoin.org - Mars, here we come!
Volumes are still very low compared to the end of 2017. Many exchanges are creating fake volume just to enter the rankings. For now, I don't think these volumes can be taken as an indicator.
You can take coinmarket cap as reference it might have approximate current market cap value ut sometimes the prices and volumes can be faked so you need to check the particular exchange and other price indicator sites to compare both the values.
jr. member
Activity: 544
Merit: 1
Yes it's good to see the market kinda stable now but it still looks like the Bull is not still strong up till this moment,  just few hours ago the market seems to be heavily pulling back to its initial support which is not too good
member
Activity: 574
Merit: 55
Volumes are still very low compared to the end of 2017. Many exchanges are creating fake volume just to enter the rankings. For now, I don't think these volumes can be taken as an indicator.
sr. member
Activity: 1680
Merit: 278
I also like the fact that there is a wider distribution of money among cryptocurrencies. I have seen this thousand of times.. BTC may be a pioneer, but there will come a day when it its replaced. Comissions too high, fake decentralization (most hash power among few mining groups), slow transfers...
legendary
Activity: 2058
Merit: 1166
I do not know what you are talking about because bitcoin and eth still represent the majority of the market volume if you do some research btc alone represents over 50 percent of the total market volume so all the altcoins still represent less percentage. On the other hand i would like to see market grow to 1000 billion market cap it will be exciting to see all these volume and market cap stats of major coins at that level.

You can go back 12 months or so and check what it was when overall market cap was at $800 billion or so. It's roughly the same what you are asking for.
member
Activity: 1022
Merit: 20
RiveMont
I do not know what you are talking about because bitcoin and eth still represent the majority of the market volume if you do some research btc alone represents over 50 percent of the total market volume so all the altcoins still represent less percentage. On the other hand i would like to see market grow to 1000 billion market cap it will be exciting to see all these volume and market cap stats of major coins at that level.
legendary
Activity: 2058
Merit: 1166
the volume will recover gradually, it only takes until the middle of next year, because not too much volume is increasing, especially many new coins are registered in many markets.

The key is to continue believing in the power of the technology. The rest is destined Northwards.
Technology is a must and it can't be erased for those are not following it will have needed to pay a lot in the future. Remember about the dotcom bubble and how so many people were believing if that was another crap but in fact that gives a lot of benefits right now. People need the more time to understand about what the technology is.

The key is to develop more applications and drive adoption. It is inevitable. It is only a matter of time.

It's not only about more applications, but about better applications. So far there isn't a single app that has blown me away.
newbie
Activity: 60
Merit: 0
the volume will recover gradually, it only takes until the middle of next year, because not too much volume is increasing, especially many new coins are registered in many markets.

The key is to continue believing in the power of the technology. The rest is destined Northwards.
Technology is a must and it can't be erased for those are not following it will have needed to pay a lot in the future. Remember about the dotcom bubble and how so many people were believing if that was another crap but in fact that gives a lot of benefits right now. People need the more time to understand about what the technology is.

The key is to develop more applications and drive adoption. It is inevitable. It is only a matter of time.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
the volume will recover gradually, it only takes until the middle of next year, because not too much volume is increasing, especially many new coins are registered in many markets.

The key is to continue believing in the power of the technology. The rest is destined Northwards.
Technology is a must and it can't be erased for those are not following it will have needed to pay a lot in the future. Remember about the dotcom bubble and how so many people were believing if that was another crap but in fact that gives a lot of benefits right now. People need the more time to understand about what the technology is.
full member
Activity: 773
Merit: 100
For example, people do not have enough money to invest in BTC or ETH, but there is a strong desire to invest in crypto, so they choose less expensive altcoins to invest in.
full member
Activity: 891
Merit: 100
Oikos.cash | Decentralized Finance on Tron
that's could say that price recovery is done for now, and I hope that it will be better to step on the year to come, but still, the biggest cryptocurrency turnover is still done by BTC and ETH, they are like landlords every time the exchange runs
do not forget about ripple. this year It showed himself much better than etherium. a lot of news / partnerships and so on.
full member
Activity: 518
Merit: 134
very good thinking, as if there is currently no volume monopoly, everyone feels a loss, it is very inclusive and this is one of the real developments in crypto
jr. member
Activity: 294
Merit: 1
that's could say that price recovery is done for now, and I hope that it will be better to step on the year to come, but still, the biggest cryptocurrency turnover is still done by BTC and ETH, they are like landlords every time the exchange runs
hero member
Activity: 2912
Merit: 642
There is a bad thing though. It doesnt take long to stay there.

A year or some of it just takes 6 months and suddenly it becomes dust. That is the bad side and who likes that kind of volume, specially when you are an investor and was left alone without any warning.

I have been a victim of that. I dont really know who dumped too much and left with just dust to exchange. Somehow it gave me a good lesson.

Never ever be attached with an altcoin. If you want long term then go bitcoin.
hero member
Activity: 2996
Merit: 600
Volumes are increasing due to the demand and the timing.

If you happen to see what's on it right now, we just came from a bear market and believed that its all done. And the market itself is underlying through bitcoin so its not a surprise if most of the volumes are getitng inclusive with it.
newbie
Activity: 60
Merit: 0
the volume will recover gradually, it only takes until the middle of next year, because not too much volume is increasing, especially many new coins are registered in many markets.

The key is to continue believing in the power of the technology. The rest is destined Northwards.
sr. member
Activity: 1400
Merit: 251
Trident Protocol | Simple «buy-hold-earn» system!
the volume will recover gradually, it only takes until the middle of next year, because not too much volume is increasing, especially many new coins are registered in many markets.
jr. member
Activity: 238
Merit: 1
interesting information, the rise of the community in the crypto domain was a big conversation. I am happy to hear this
newbie
Activity: 60
Merit: 0
first of all the volume is still highest in bitcoin and that has never changed and will not change any time soon because every person in this market has bitcoin but only a small percentage of them go for altcoins also.

also the volume among altcoins only go up when that altcoin is either rising or falling. so when you see the higher volume in a coin next time check its price movement. for example when it is getting pumped 500% in that day, it obviously is attracting a lot of volume. that doesn't mean "the community is spreading beyond bitcoin"! it just means that particular day the pumpers went to that particular coin and the next day that coin will be dead as it always is!
you can't judge a coin based on its one day performance after all.

Absolutely agreed on both points on one-day performance not being an indicator and the skew could be due to such pumps as well as dumps. The spread will increase with passing times though nowhere am I indicating that BTC will not stay the Leader for a long time to come.
jr. member
Activity: 161
Merit: 1
even though bitcoin still has the highest volume, there are a lot of people who go to altcoin to support their profits, but not everyone does that, which causes the altcoin volume to rise dramatically and unstable, but the turnover on bitcoin is still the best
Pages:
Jump to: