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Author Topic: Ethereum Trading Volumes  (Read 416 times)
hosseinimr93 (OP)
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June 28, 2017, 10:18:21 AM
 #1

Trading volumes of Ethereum in last 24 hours surpassed bitcoins volumes. Now as wee see in coinmarketcap, the Ethereum trading volume is more than 1.5 times higher than Bitcoin volume. Now we are experiencing something new.
In my opinion it is one of the most important events in the history of Ethereum and Ethereum holders should celebrate that.
What are your opinions?
Does it cause to more people invest in Ethereum? Will it affect the prices?

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nelson4lov
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June 28, 2017, 10:24:54 AM
 #2

Ethereum trading volumes has surpassed Bitcoin for 2 days in a row. Imo This information on CMC may be inaccurate as Bitcoin is not only being traded at traditional exchanges but also at other places like LocalBTC & OTC trades— These aren't being accounted for.  While Ethereum is mainly traded to exchanges. But I'd agree with you that Ethereum is now a real contender for the top spot currently occupied by Bitcoin.

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June 28, 2017, 10:30:37 AM
 #3

korean volume for eth are fake, all are manual input. these fake exchanges going mental so are the people want to pump ethereum so bad.
these korean fake volumes alone is almost $1billion, now this come from a little poor country with not much population.

1   Bithumb   ETH/KRW   $460,960,000   $305.06   20.54%   Recently
2   Coinone   ETH/KRW   $308,297,000   $304.80   13.74%   Recently
7   Korbit   ETH/KRW   $113,408,000   $304.84   5.05%   Recently

etheruem is all about mental playbook, not the tech.
get the fact straight

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June 28, 2017, 12:45:40 PM
 #4

there is a higher possibility of Etaceum ETF approved by the SEC. Non-currency like these attributes owned by crypto can tempt them to give their approval. On the other hand, Ethereal (also known as ETH) is specifically designed with the goal of supporting decentralized applications, including "gas".There is the possibility of users making payments with the help of gas. Or, they can make payments when they start a new smart contract. Due to this original feature, it is rather difficult to set ETH only as currency.
The SEC has also made an official announcement about Ethereal. In their announcement, it was mentioned that the Etereum exchange looks different from Bitcoin.They believe that ETH is not designed with a fully functional mindset as store value. Instead, they believe that it was created for the purpose of paying for specific actions that occur within the network. For this reason, the SEC tends to regard ET as an asset. However, they consider Bitcoin as the currency.Because of this obvious difference, we can assume that Ethereal can be approved first and therefore will win the race.
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