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Hrm, interesting. I'm now deeply uncertain whether % of coins or % of volume is more important. I will have to think about this more.
by harryh 13y ago
Hrm, interesting. I'm now deeply uncertain whether % of coins or % of volume is more important. I will have to think about this more.
- Istof 13y agobut once the volume has been exchanged, it's already too late for most people so it would probably be better to find the cause of high % of volume?
- runeks 13y agoRegarding price, percentage of volume is the important metric. It is not relevant that ~12M bitcoins exist, if only, say, 1% of these are for sale on exchanges. Only coins for sale on exchanges help stabilize the price.
- harryh 13y agoBut what exactly does "for sale on exchanges" mean? Presumably a great many coins that didn't trade hands yesterday are still for sale at some price.