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In-exchange volume indicates nothing about actual US dollar liquidity. That and the fact that you can't get actual US dollars out of Bitfinex. (Which is what t
by davidgerard 9y ago
In-exchange volume indicates nothing about actual US dollar liquidity.
That and the fact that you can't get actual US dollars out of Bitfinex. (Which is what triggered the present bubble - unable to withdraw their USD, people bought more cryptos with them because there was literally nothing else they could use them for.)