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Yeah, but look at the trading volumes - at least an order of magnitude lower than 2 years ago!
by nikolay 9y ago
Yeah, but look at the trading volumes - at least an order of magnitude lower than 2 years ago!
- sygma 9y ago24h volume 2 years ago was around 22 million USD [0] Trading volume in the last 24 hours is 1.6 billion [0] https://coinmarketcap.com/currencies/bitcoin/#charts https://coinmarketcap.com/currencies/bitcoin/#charts
- nimchimpsky 9y agothats not the same thing
- kobeya 9y ago...it's exactly the same thing.
- nimchimpsky 9y agoit really isn't. Volume is the amount traded, independent of price. 10 bitcoins when they first came out, would have the same the volume as 10 bitcoins today.
- foepys 9y agoOP meant the Bitcoin trade volume, not the US-Dollar volume. The BTC trading volume is extremely low currently. [0] 0: https://data.bitcoinity.org/markets/volume/2y?r=week&t=a https://data.bitcoinity.org/markets/volume/2y?r=week&t=a
- kobeya 9y agoHe said "the trading volumes." Could have been either, but BTC trading volume is even more meaningless than USD trading volume. An inflation-adjusted aggregate volume is probably the best metric, which is closer to the USD trade volume than BTC.
- nikolay 9y agoOutside of speculation and low-class investing, interest in Bitcoin is steadily declining.
- runeks 9y agoYou should see what the trading volumes (measured in BTC) were back when a bitcoin was $2.50! Measured in USD, though, volume has only gone up.