$11 Billion in cryptocurrency trade volume in the last 24 hours

[invot]

Despite the regulatory uncertainty in China.

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[noodle_dam]

I don't think you meant "despite", I think you meant "thanks to"  ...many whales have made so much money in the last 24 hours..

[aceptamosbitcoin]

I don't think you meant "despite", I think you meant "thanks to"  ...many whales have made so much money in the last 24 hours..

Agree, all markets are full of speculating guys wild times. IMO trading volume will stay big in next 10-15 days until the BTC get stable. High or low...

I'm avoiding trading at all during those kind of periods. Just continue to invest small in preferred ICOs.

[hosseinimr93]

Yes, No one and no government can stop cryptocurrencies. Every day huge number of transactions are done in cryptocurrencies and all who don't want cryptocurrencies to exist will accept it in future.

[blacktux88]

Pricing are goin up again =))

 

china cant beat us

[MatrixMining]

$11 billion is really huge number. But with such a huge drop of price there is no wonder the volumes are record high.

[bravetheheat]

Because not more fund is being inputted on the crypto market since China government announces that the trade between CNY and other coin is illegal.

So many people want to buy some coin now since there is not more chance to buy BTC, ETH, or others.

Maybe one day, there is new exchange market with official license will appear.

[Idrisu]

Despite the regulatory uncertainty in China.

we are getting knowllegable on what is really happening in the cryptocurrency markets and the really people that do create panic in other for the inexperienced traders to dump there coins for the whales who are highly experience in this field to buy them cheap and still later sell to inexperienced trader again at the higher price. Chinese governments should come out with clear position on their decision on ico regulations as this will help show were we stand.

[rainbow169]

Despite the regulatory uncertainty in China.

we are getting knowllegable on what is really happening in the cryptocurrency markets and the really people that do create panic in other for the inexperienced traders to dump there coins for the whales who are highly experience in this field to buy them cheap and still later sell to inexperienced trader again at the higher price. Chinese governments should come out with clear position on their decision on ico regulations as this will help show were we stand.

A painful lesson learned for many, I always remember someone on the BTT forum once said, either don't be panic or panic before everyone else is panic. It's so true in this market.

[bongiu]

This can only mean that due to major especulation altcoins will never die and thus, confirm that altcoins are the currencies of the future. It was just amazing how huge profits were for people who benefited of the low prices

[sylance]

This is pretty awesome and impressive for crypto, but just to put things into perspective... on any given day, just Apple trades around 10-billion dollars a day.  I'm not saying we're not in interesting times but rather saying we still have a lot of growth ahead of us!

[skyline247]

I can almost guarantee you this is due to JP Morgan and China. They both created FUD and then bought big into Bitcoin after the price dropped.

[sunhany]

China might be rebuying at low prices 

[ubay]

Maybe this time is the best moment to buy some BTC, the low prices may never happen again.

Whales is smilling now, and Nemo like us just can be see and die.

[QuantumPlague]

Will BTC hit 4,5k $ till Friday? I think there is a chance , and it will be 8k$+ at December 31.

[5ensei]

Even the governments are using the FUD and buy tactics
Even if they try to ban crypto, it will still succeed. This is why this currency is so successful, because they can't stop it. Just because you can't use it in a shop doesn't mean it can't be used at all

[pedrog]

Despite the regulatory uncertainty in China.

Where did you get that number, $11 billion?

A very high volume can happen when people start dumping their coins because China banned bitcoin again...

Regulatory uncertainty in China increases volume.

[MFahad]

That is not abnormal. I don't know why people find these pieces of information if throw them out there like there's some kind of special thing. The fact is that that's probably about the normal. All you have to do is watch the market and you'll know that there is no turning back cryptocurrency at this point.