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Author Topic: Bitcoin volume is still rising ?  (Read 15770 times)
taliwang
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August 24, 2018, 11:25:42 AM
 #181

yes you are right the volume of bitcoin will always increase but for the total supply volume of bitcoin is very limited and the supply is only 21 million bits of bitcoin in circulation, so that when the trading volume is almost close to the total supply volume then bitcoin is very difficult to obtain and the price will be very expensive.
laracastvue
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August 24, 2018, 12:52:37 PM
 #182

It's a good news to those bitcoin holders and to the investors, bitcoin is starting raising the price again.

Its normal for the market price to pump up again since cryptocurrency is volatile so we can expect for the price to pump or dump depending on the situation of economy of other countries.
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August 24, 2018, 01:40:36 PM
 #183

Do you think Bitcoin still on the rise in terms of market capitalization ?
Yes, volume has been $3B for the last 24 hours and price was $6800 on CMC but on other exchanges it hit more than that.

Right now, its again starting to correct so expect red Monday.

According to (Source: https://data.bitcoinity.org/markets/volume/30d?c=e&t=b ) bitcoin contiinuously increas in volume as its market expands. But citing some reference such as (Source: https://www.cryptoglobe.com/latest/2018/08/bitcoin-futures-volumes-down-69-over-the-past-week/), it has been stated the bitcoin volume lowers in 69% and I think its a big loss. While bitcoin rates and exchanges are stated here: https://coinmarketcap.com/exchanges/volume/24-hour/
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August 24, 2018, 02:56:50 PM
 #184

At first you have to understand Bitcoin is now the global hot Cryptocurrency. So in general its demand become high. Bitcoin will still increase its volume, maybe this couple months Bitcoins dropped but soon it rise again and you'll just wait and make profits. I read some articles that bitcoin will have a bull run this year so hodl your btc and don't panic sell.  It is great to see bitcoin is holding above 6000$. The market demand,  volume , acceptability after all every positive thing increasing day by day.
jambul_kribo
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August 24, 2018, 03:11:25 PM
 #185

It's a good news to those bitcoin holders and to the investors, bitcoin is starting raising the price again.

Its normal for the market price to pump up again since cryptocurrency is volatile so we can expect for the price to pump or dump depending on the situation of economy of other countries.
i think etf rejected and price still stable around $6400 , bitcoin price maybe can recovered again.this is a sign that investor now is not easy to manipulate.

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prettymargaux
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August 24, 2018, 03:33:25 PM
 #186

It's not a surprise that bitcoin's volume is still rising, despite series of attempts to crush it. Bitcoin will always be bitcoin, the king of cryptocurrency. As a matter of fact, it still managed to dominate half of the total market capitalization now. It is still the largest digital currency in the world by market cap today. This only proves to show that the world needs it because of the many advantages it brings, as manifested by the demand for it, and nothing can stop its imminent take-over of the money system.
South Park
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August 24, 2018, 04:22:15 PM
 #187

Do you think Bitcoin still on the rise in terms of market capitalization ?
The market capitalization of bitcoin is not going up since the market is not moving much what it is not stopping going up is the bitcoin dominance, people are scared about what it is happening and this means that they are trying to find a refuge for their money, some are using tether and some are getting out of the market, but many are holding bitcoin as a way to protect themselves.
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August 24, 2018, 04:55:47 PM
 #188

Do you think Bitcoin still on the rise in terms of market capitalization ?
yes of course, the current trading volume is starting to improve, the bear market has ended now it's time for bitcoin to rise again.

and making a new history of higher prices, I hope that after bitcoin rises the price will never fall again as happened in 2017.
so that the bitcoin stat is a bubble, it will disappear. I really hope that.
phpartisanmaster
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August 25, 2018, 04:42:46 AM
 #189

It's a good news to those bitcoin holders and to the investors, bitcoin is starting raising the price again.

The market price is still down to $6k dollars and it was a decent amount in order to hoard a huge amount of coins since the market is volatile and we can expect higher price in the future.
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August 25, 2018, 06:29:36 AM
 #190

We can not deny that bitcoin is still the best coin in the market and there are still many investors who would like to prefer for bitcoin ,despite the falldown of market price value ,but still they will invest in bitcoin ,so this will be the reasons bitcoin volume is still rising.

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reil2014
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August 25, 2018, 07:15:08 AM
 #191

Even at this point of bitcoin still down, a lot of traders still want bitcoin to hold. i read a lot of cryptocurrency expert, believe that bitcoin well recover and rise again. In my opinion this the best time to buy.  Beside most people special beginners only knows bitcoin.
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August 25, 2018, 07:34:52 AM
 #192

Based from the chart, bitcoin should rice to $10k, then another consolidation for a much lower bear market. I expect Bitcoin to touch 3k before it will make a huge run to $100,000
$100.000?  Wow, you are very optimistic about the future of bitcoin.  I better start collecting when it reach $3k.
well it could not be possible that it could reach to that certain market price in the near future and also when you say that bitcoin market price will go 3k USD also will be possible. Which will come first and that is we do not know. Anyway we should stay positive and it will just going to happen if it is destined to happen.

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indayburakday012
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August 25, 2018, 07:44:45 AM
 #193

Do you think Bitcoin still on the rise in terms of market capitalization ?
Yes it could still rise even if the ETF is not approved because bitcoin is already establish even without regulations. And aside from that this is how the team would like us to do that even without a third party we have to trust the system. This is a p2p or decentralized transactions with complete anonymity that will adhere the problems regarding on security and risk from the nothing for good people who are only after the money especially if you are having huge transactions.
btcrich2020
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August 25, 2018, 07:46:49 AM
 #194

Bitcoin volume is always increasing because there are many people who want to grab some bitcoin when the price is lower, even the price of Bitcoin price start increasing then people dumping it to the lower. As long as people who stay positive about the Bitcoin, then the price of Bitcoin will start increasing.
sakokinak
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August 26, 2018, 07:59:14 AM
 #195

It's a good news to those bitcoin holders and to the investors, bitcoin is starting raising the price again.

Bitcoin will dominate for many years, maybe it will stay a market leader for at least 5 years. Now, BTC dominance is close to 54%. This is the proof that this crypto is the best one.
Semar Mesem
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August 26, 2018, 08:22:43 AM
 #196

Bitcoin always has a chance to skyrocket, a huge daily transaction volume of up to $ 5 billion is an indication that at the end of this year it can repeat like last year, the important thing is to always be patient.

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theyRmose
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August 26, 2018, 09:34:21 AM
 #197

I see the volume rising little by little, and I hope it will remain stable.

many have speculated that at the end of the year bitcoin can reach 50k and I believe in things. keep optimistic.
Dhanems
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August 26, 2018, 10:16:42 AM
 #198

Bitcoin fluctuation is normal,if today red expect it tommorow green😂😂😂We just look at how red is red and when green is rises..actually I can't open my blockfolio more than a week hehhe it's hurt Everytime I check😂😂😂
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August 26, 2018, 10:20:18 AM
 #199

I think the price of bitcoin every day also increases, because now the growth of bitcoin prices is getting better, so I believe in the future the price of bitcoin will increase.
putrii
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August 26, 2018, 10:32:12 AM
 #200

I don't think it's true because there will be some time this volume of bitcoin will experience a price decline, which usually occurs when there is bad news circulating in some media.
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