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Topic: Look at that 24hr volume on Bitstamp - page 2. (Read 2237 times)

legendary
Activity: 3752
Merit: 1217
November 05, 2015, 01:35:20 PM
#12
The Ponzi owners are cashing out! I seriously believe the 'Gambling' section of this forum has driven this bubble in large part - a subforum of that section!

If people were cashing out their coins, then the prices would have fallen. But the exact opposite has happened. So my guess is that some institutional investor is accumulating the coins, and probably they are buying hundreds of thousands of Bitcoins. The volumes in BTC-e also went crazy during the past 24-hours. I am not sure, but it seems that it broke the BTC100,000 mark.
sr. member
Activity: 574
Merit: 250
In XEM we trust
November 05, 2015, 10:56:38 AM
#11
The Ponzi owners are cashing out! I seriously believe the 'Gambling' section of this forum has driven this bubble in large part - a subforum of that section!

Sure? How can you say that? Do you really think there are so much money (BTC) involved in the gambling section?
Do you have any reference or something you could give to what you have just said?

He's delusional. No gambling or scam can fuel a hype like that. It was the articles about Bitcoin that came up recently and the possible lifting of chinese ban
What about MMM ponzi, that shit has at least $100m in funds. Can't wait until it collapses. A lot of tears everywhere.
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
November 05, 2015, 09:56:40 AM
#10
The Ponzi owners are cashing out! I seriously believe the 'Gambling' section of this forum has driven this bubble in large part - a subforum of that section!

Sure? How can you say that? Do you really think there are so much money (BTC) involved in the gambling section?
Do you have any reference or something you could give to what you have just said?

He's delusional. No gambling or scam can fuel a hype like that. It was the articles about Bitcoin that came up recently and the possible lifting of chinese ban
legendary
Activity: 1456
Merit: 1001
November 05, 2015, 08:41:17 AM
#9
An important % of bitcoin volumen these days are from traders that are buying and selling bitcoins during the same day.
legendary
Activity: 3248
Merit: 1070
November 05, 2015, 08:22:51 AM
#8
still a tiny drop in the ocean compared to the volume of those big chinese exchange, it seems that they are the reason why bitcoin it's growing, without chinese we would still be at 100-200 range forever
legendary
Activity: 1176
Merit: 1005
Decentralized Asset Management Platform
November 05, 2015, 04:51:02 AM
#7
The Ponzi owners are cashing out! I seriously believe the 'Gambling' section of this forum has driven this bubble in large part - a subforum of that section!

Sure? How can you say that? Do you really think there are so much money (BTC) involved in the gambling section?
Do you have any reference or something you could give to what you have just said?
legendary
Activity: 2170
Merit: 1427
November 05, 2015, 04:49:59 AM
#6
Bitstamp has a very nice volume which makes it perfectly capable of doing ultra fast day trading. Have made a nice profit during the large swings. Bitfinex is as well doing great with 450K BTC volume. I think the volumes will come back to earth the comming days where the price advance will slow down for a few days or week.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
November 05, 2015, 04:37:41 AM
#5
It is a lot of volume right now around $255 million on present count looking at all the exchanges combined volumes.
http://coinmarketcap.com/exchanges/volume/24-hour/
http://coinmarketcap.com/currencies/bitcoin/#markets
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
November 05, 2015, 04:22:18 AM
#4
The Ponzi owners are cashing out! I seriously believe the 'Gambling' section of this forum has driven this bubble in large part - a subforum of that section!

While the Ponzi owners do make a lot of money bud, I don't think that a 6-figure BTC volume has been driven by the owners of Ponzis alone. Maybe 10-100 BTC of the volume is that tops, but it's probably less as I'll bet most Ponzi owners have no actual interest in Bitcoin and cash out instantly. Wink

seen on btc-e that several sold of more then 500 btc were made also on cryptsy to as you said above to many coin are involved for "gambling" to be issue here
legendary
Activity: 1134
Merit: 1112
November 05, 2015, 03:06:21 AM
#3
The Ponzi owners are cashing out! I seriously believe the 'Gambling' section of this forum has driven this bubble in large part - a subforum of that section!

While the Ponzi owners do make a lot of money bud, I don't think that a 6-figure BTC volume has been driven by the owners of Ponzis alone. Maybe 10-100 BTC of the volume is that tops, but it's probably less as I'll bet most Ponzi owners have no actual interest in Bitcoin and cash out instantly. Wink
sr. member
Activity: 714
Merit: 250
Defend Bitcoin and its PoW: bitcoincleanup.com
November 05, 2015, 03:02:12 AM
#2
The Ponzi owners are cashing out! I seriously believe the 'Gambling' section of this forum has driven this bubble in large part - a subforum of that section!
legendary
Activity: 1134
Merit: 1112
November 05, 2015, 02:58:15 AM
#1
106555 BTC, holy crap. That's actually amazing, combined with the other exchanges the 24hr volume in the whole Bitcoin ecosystem has probably been ridiculously high recently. I really like seeing all this activity, even if it's probably caused by a bubble.
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