Is volume actually increasing? This is Bitfinex only, weekly data, line chart, 6 months.
Hmmm this is monthly data
Is that a bottom for 2018?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13116. (Read 26720374 times)
September 14, 2018, 10:07:43 PM
Whoah
Is volume actually increasing? This is Bitfinex only, weekly data, line chart, 6 months.
Hmmm this is monthly data
Is that a bottom for 2018?
Is volume actually increasing? This is Bitfinex only, weekly data, line chart, 6 months.
Hmmm this is monthly data
Is that a bottom for 2018?
September 14, 2018, 09:53:02 PM
I can’t be bothered arguing with Jbear about bcash lol. It’s much too nice a day for that.
Well, something to agree upon.
https://imgur.com/gallery/LK3cT7z
That is a beautiful view. Is it all yours or were you just visiting?
Thanks. Mine. Here for a handful of days and nights. Doing some late season maintenance, coinciding with deer muzzleloading season. Mending fences with a rifle in my hand - on the chance one blunders my way.
September 14, 2018, 09:50:08 PM
I can’t filter the fake exchanges but here we go
September 14, 2018, 09:39:20 PM
Got a link please ?
aw shit I meant to post it..
https://data.bitcoinity.org/markets/volume/6m?c=e&t=b
Naw, that can't be right either..
It shows the volume falling off in jan of 17..
I can't imagine that to be the case buy why..
The pie chart colors correspond to different exchanges than the chart colors with a different legend, lol wtf..
looks like around that time the Chinese exchanges got their volume cut from the count? idk
September 14, 2018, 09:38:44 PM
Got a link please ?
September 14, 2018, 09:34:10 PM
Not meaningless but fair criticism.
Agree..
Just googled and found this one
It's pretty cool and has a pie chart of the exchanges volumes like you usually see for mining pools hash rate.. Nice!
So yeah, by BTC volume it does look a bit slow..
But that in USD these days is a big deal apparently..
September 14, 2018, 09:20:29 PM
Not meaningless but fair criticism. The best I can do is volume in USD terms, which is declining from peak. But hard to eyeball BTC volume from this chart.
Edit: chart update better date range
Edit: chart update better date range
September 14, 2018, 09:20:17 PM
if you could find one that charts total volume across all exchanges that would be worth analyzing.
That's why I chose the CMC chart, but I didn't find a button to turn the vol into btc.. https://coinmarketcap.com/currencies/bitcoin/#charts
I like to use the bitcoinwisdom chart but the vol wouldn't be accurate for the entire market..
It's crazy how a tiny exchange will grow to be the biggest exchange and then all the volume will just go to another exchange and they never stay the same.. The volume just flows around..
September 14, 2018, 09:06:20 PM
Heres the volume in BTC. I think its hard to say that we aren't still in an overall trend of declining volume since Dec 2017.
The cryptowinter recovery was on very low volume, but after the biggest spike in volume in Bitcoin history.
The cryptowinter recovery was on very low volume, but after the biggest spike in volume in Bitcoin history.
This chart is
You cannot chart one exchange for volume, the time frame for this chart, this was one of 3 main exchanges during the 2013-2014. Now there are many many more exchanges for bitcoin, if you could find one that charts total volume across all exchanges that would be worth analyzing.
September 14, 2018, 08:27:39 PM
LOL Maybe we should all talk about Bitcoin Gold. 
Everybody knows in their heart of hearts that Bitcoin Pizza is the true coin. Crusty coinbases oozing with melted cheddar... mmm.
September 14, 2018, 08:07:40 PM
dump and pump
September 14, 2018, 07:42:00 PM
Maybe should ask our residential Bcash promoter, jbreher? Wasn't jbreher keeping 50/50, or something like that?
Ask me what?
I own many more units of BCH than I do of BTC.
I still see BCH as having a bright future.
I don't much give a damnn what Bitmain, Roger, and Craig do.* For my part, BCH has the properties that made bitcoin great to begin with. Scaling in a logical fashion, and free of the Segwit virus. From my perspective, it is simply technically better than BTC. Hopefully, the world will awaken to this.
* Well, I hope they keep mining it. Though, the DAA allows for drops in hashpower to be relative non events.**
** Unlike BTC, which lacks this safeguard.
The fact that you can point out leaders is problematic, but also goes to show that the bcash support group remains small.
Furthermore, we continue to see evidence that there is a lot of their marketing that depends upon marketing themselves as if they were the real bitcoin, but largely the population seems to have caught on to the snake oil nature of their product - yet there are still going to be a lot of suckers and a lot of folks who get deceived into their ploy, sad as that may be.
September 14, 2018, 07:36:25 PM
just wow what idiots to see it so small minded .... let them fear and miss the NEXT 1000% or so
Then again, depends on when you got your BTC, for example, 2013,2014,2015..still not too shabby considering in 2017 BTC was $1,000.00 Jan 2017!
So if the bubble CAN be discounted...as just that a bubble...perhaps stuff will just plod along upward in a more reasonable manner, price wise. (a guy can hope anyway HODL)
or as they say, in a previous post, 'we retraced the whole bubble' downward to where we are now, (Fall 2017)
(we will see I guess, differs a lot by your time perspective and when you got in on all this)
brad
Yes. Of course, the whole depiction is misleading because it attempts to suggest that it's framework is representative - merely based on the calendar year framework - which coincidentally is the top of a bubble (exponential price rise), so the depiction is far from objective, and you likely recall a similar kind of framing in 2014 because so many shills and propaganda spreaders wanted to start the timeclock from the top of the 2013 peak and to suggest how horrible was BTC, as an investment and whine about how many people got screwed - especially those buying at the top of the price (as if that was representative, also).
September 14, 2018, 07:10:02 PM
We should hope that BCH has a long life. The big blockers need their own chain that they can squabble about block size and other things. Let them have their hash wars on their own chain(s).
Personally, I don' t have any warm and fuzzy feelings for Bcash, because they were begun as Bitcoin attack vector, and they largely still serve as a bitcoin attack vector.
Sure, it is a place to direct the BIG blocker nutjobs, but those fucktwats are not going to be satisfied with their own coin, and really there are all kinds of other alts out there proclaiming to become bitcoin 2.0.. so in the end, a large number of these bitcoin wanna bes are not really that helpful, even if they may serve as a necessary transition for dumb money and other fluff to figure out (even if it takes 100 years) that they shoudl be putting their time and money into bitcoin or at least most of it, rather than various other projects including the bcash trash.
So, even having their own, chain, they are not going to be happy, and they are still going to continue to attack bitcoin, whether bcash is a strong alt coin or a weak one.. .. I see no reason to praise or promote their existence, even though I do understand the necessity to understand that they are there (and serve as a purpose to complain about them as being snake oil).
September 14, 2018, 06:52:42 PM
Heres the volume in BTC. I think its hard to say that we aren't still in an overall trend of declining volume since Dec 2017.
The cryptowinter recovery was on very low volume, but after the biggest spike in volume in Bitcoin history.
The cryptowinter recovery was on very low volume, but after the biggest spike in volume in Bitcoin history.
September 14, 2018, 06:38:10 PM
Volume is piss poor.
Volume is maintaining nicely IMO. It is still higher than any point in history other than during the great pump and some of the worst of the dump..
Maybe this could be considered the new base volume to be expected on the low end, but since the pump their must be more money flying around constantly..
Granted it is USD volume, and with BTC being so much higher that means more USD for the same amount of BTC so it is definitely possible that previous volume was higher if measure in the amount of bitcoins traded rather than the USD value of the trades..
September 14, 2018, 06:35:34 PM
I look forward to the next financial crisis 
The whole point of the FED policy is to avoid a crisis. Instead they are spreading losses over decades, which is seen as a positive compared to the alternative of a crash type adjustment. So theres two extremes which is fixed pricing via central government which does after all have trillions at its disposal, the alternate is not just a crash but a collapse of that control by the FED over monetary supply. Its very hard to predict a total revolution
re: the triangle pics, this old concept of the deleveraging process came from the FED itself. However the people who believed this theory are long gone I guess
https://web.archive.org/web/20121015050632/http://www.dailynews.lk/2007/03/01/fin08.asp
FTFY
September 14, 2018, 06:26:49 PM
Yup. Something's off 
We don’t have anything to signal a capitulation or reversal. Volume is piss poor. So I think I have to assume it is just an oscillation and the model is still correct.
September 14, 2018, 06:11:20 PM
LTC ATH was 0.05 BTC in November 2013.
It is now 0.008 and has never recovered.
Most shitcoins will never recover from the 2018 crash. I don’t think we can call BCH dead yet, but it’s not looking particularly healthy.
It is now 0.008 and has never recovered.
Most shitcoins will never recover from the 2018 crash. I don’t think we can call BCH dead yet, but it’s not looking particularly healthy.
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