Large volume

[mirakal]

I do not only based my analysis on the chart because some investors now and already trading through OTC and AFAIK, the chart only shows the movement based on the exchanges volume. When crypto can be manipulated, it's hard to based on chart alone, bullish period will come and that is the only thing that I put in mind after this disappointing year 2018.

[ausbit]

I do not only based my analysis on the chart because some investors now and already trading through OTC and AFAIK, the chart only shows the movement based on the exchanges volume. When crypto can be manipulated, it's hard to based on chart alone, bullish period will come and that is the only thing that I put in mind after this disappointing year 2018.

It was another 2 billion day today. Sometimes we go up a bit and sometimes we go down a bit but we are stuck at 2 billion dollar volume unfortunately. When there is a large volume I used to be happy because it meant there was money coming in the market and that would increase the price and basically made all of us rich.

However lately I started to get scared whenever I see a spike in the volume because it might mean that someone big selling their bitcoins and when a whale does it the price goes down really quickly since its all once. So I am not too sure if I want to see the price go up or not, I want to eventually see it higher but for all intends and purposes that increase could happen over a 2 month period which would make me less stressed about a whale possbility.

[nur rochid]

When have large volume on some altcoin we have more chance to get profit with trading or investing at this altcoin, but how come could sell if have small volume transaction and how to buy if no one investor sell their altcoin.

of course a large volume puts a large exchange too. so that if altcoin is planning a listing on a large exchange, of course, many investors will glance at it. but if the altcoin doesn't have a roadmap there, it certainly becomes a question of its survival

[cizatext]

The entire China has been the market hubs for cryptocurrency and at that it should have a very high rate in volume of cryptocurrency exchange for the dollar, Japan house a number of bitcoin exchange that are well recognized in the crypto market. In as much as the statistics may not be accurate Japan still remains a very strong supporter of cryptocurrency

[aad140386]

So far it is difficult to say whether this is really the beginning of the growth of a crypto bank, or another speculative attack on sellers in order to collect stops. If growth is real, then volumes will only grow, because for a bull market it is a fuel of growth. For a bear market volumes are not so important, it is always easier to fall than to grow. In the next few weeks it will be clear how true this growth has been. I think this is still a speculative attack, and growth will begin only in the middle of spring. And growth will be slow, with increasing volumes.

[Heationd]

The high interest of Korean investors was noticed.Volume in dollars and transactions.


https://www.tradingview.com/x/qAq5XfN1/

And still with all that we are still not noticing anything, the market cap keeps dropping and that includes the price of coins. Last time. I checked the price was at $3,500+, hope that it gets out from this 3k soon cause I have waited for long..some predictions I have been seeing lately claims that the price will even drop to $2,500 before the bull run takes place.

[Whosdaddy]

I do not only based my analysis on the chart because some investors now and already trading through OTC and AFAIK, the chart only shows the movement based on the exchanges volume. When crypto can be manipulated, it's hard to based on chart alone, bullish period will come and that is the only thing that I put in mind after this disappointing year 2018.

Korea known to be a big follower of USA trends, since USA has started to accept bitcoin as a legit business instead of "drug money laundering system" or whatever they were feeling just couple years ago that means Koreans are next to go into it as well. Since SEC is deciding on bakkt and ETF and all that and Nasdaq offering a direct ETF as well and all of that combined basically shows that USA is ready to make bitcoin another legit investment opportunity to the 350+ million people living there.

Korea follows the pop the drama holywood and many other stuff and try to recreate or even do better versions (lets be honest korean tv looks better than holywood shows recently) they might do something similar and even better. For example if USA said bitcoin is bad and Russia said bitcoin is great than we could expect Korea to ban bitcoin as well since its the opposite we are fine with korean investors.

[bitgolden]

I think large volume creates a two different scenario for smaller coins.
One problem is maybe it is someone selling a lot which is a problem, the other is maybe someone is buying a lot which is great but still concerning.

However, when it is something as big as bitcoin we should not be worrying about such stuff, there is a limit on what people can buy on bitcoins, they could be early birds and have a lot of bitcoin like Craig but after that it is really hard to acquire a lot of bitcoins without making the market explode. That's why many rich people try to do the purchases and sales hand to hand without using any exchanges in between so they do not disturb the market.

Think about it in today's market if someone wants to put a 100 million dollar buy order they would have to get more expensive the more they buy however if you do that OTC than they could even get a discount.