Interesting to see the Crypto volumes getting more inclusive.

[Sayan Sengupta]

A cursory glance at Exchange volumes shows an interesting trend. More coins are part of the top 80% volumes. While the dipping volumes are a concern, this trend of greater inclusiveness is an excellent indicator that the markets are gradually maturing and the Crypto Community is spreading beyond BTC and ETH.

[talkbitcoin]

first of all the volume is still highest in bitcoin and that has never changed and will not change any time soon because every person in this market has bitcoin but only a small percentage of them go for altcoins also.

also the volume among altcoins only go up when that altcoin is either rising or falling. so when you see the higher volume in a coin next time check its price movement. for example when it is getting pumped 500% in that day, it obviously is attracting a lot of volume. that doesn't mean "the community is spreading beyond bitcoin"! it just means that particular day the pumpers went to that particular coin and the next day that coin will be dead as it always is!
you can't judge a coin based on its one day performance after all.

[kamar25]

even though bitcoin still has the highest volume, there are a lot of people who go to altcoin to support their profits, but not everyone does that, which causes the altcoin volume to rise dramatically and unstable, but the turnover on bitcoin is still the best

[Sayan Sengupta]

first of all the volume is still highest in bitcoin and that has never changed and will not change any time soon because every person in this market has bitcoin but only a small percentage of them go for altcoins also.

also the volume among altcoins only go up when that altcoin is either rising or falling. so when you see the higher volume in a coin next time check its price movement. for example when it is getting pumped 500% in that day, it obviously is attracting a lot of volume. that doesn't mean "the community is spreading beyond bitcoin"! it just means that particular day the pumpers went to that particular coin and the next day that coin will be dead as it always is!
you can't judge a coin based on its one day performance after all.

Absolutely agreed on both points on one-day performance not being an indicator and the skew could be due to such pumps as well as dumps. The spread will increase with passing times though nowhere am I indicating that BTC will not stay the Leader for a long time to come.

[ganegani91]

interesting information, the rise of the community in the crypto domain was a big conversation. I am happy to hear this

[ahmia39]

the volume will recover gradually, it only takes until the middle of next year, because not too much volume is increasing, especially many new coins are registered in many markets.

[Sayan Sengupta]

the volume will recover gradually, it only takes until the middle of next year, because not too much volume is increasing, especially many new coins are registered in many markets.

The key is to continue believing in the power of the technology. The rest is destined Northwards.

[batang_bitcoin]

Volumes are increasing due to the demand and the timing.

If you happen to see what's on it right now, we just came from a bear market and believed that its all done. And the market itself is underlying through bitcoin so its not a surprise if most of the volumes are getitng inclusive with it.

[Reid]

There is a bad thing though. It doesnt take long to stay there.

A year or some of it just takes 6 months and suddenly it becomes dust. That is the bad side and who likes that kind of volume, specially when you are an investor and was left alone without any warning.

I have been a victim of that. I dont really know who dumped too much and left with just dust to exchange. Somehow it gave me a good lesson.

Never ever be attached with an altcoin. If you want long term then go bitcoin.

[oioioi]

that's could say that price recovery is done for now, and I hope that it will be better to step on the year to come, but still, the biggest cryptocurrency turnover is still done by BTC and ETH, they are like landlords every time the exchange runs

[kutangterbang]

very good thinking, as if there is currently no volume monopoly, everyone feels a loss, it is very inclusive and this is one of the real developments in crypto

[Metall303]

that's could say that price recovery is done for now, and I hope that it will be better to step on the year to come, but still, the biggest cryptocurrency turnover is still done by BTC and ETH, they are like landlords every time the exchange runs

do not forget about ripple. this year It showed himself much better than etherium. a lot of news / partnerships and so on.

[Benarand]

For example, people do not have enough money to invest in BTC or ETH, but there is a strong desire to invest in crypto, so they choose less expensive altcoins to invest in.

[CuriousGeorge]

the volume will recover gradually, it only takes until the middle of next year, because not too much volume is increasing, especially many new coins are registered in many markets.

The key is to continue believing in the power of the technology. The rest is destined Northwards.

Technology is a must and it can't be erased for those are not following it will have needed to pay a lot in the future. Remember about the dotcom bubble and how so many people were believing if that was another crap but in fact that gives a lot of benefits right now. People need the more time to understand about what the technology is.

[Sayan Sengupta]

the volume will recover gradually, it only takes until the middle of next year, because not too much volume is increasing, especially many new coins are registered in many markets.

The key is to continue believing in the power of the technology. The rest is destined Northwards.

Technology is a must and it can't be erased for those are not following it will have needed to pay a lot in the future. Remember about the dotcom bubble and how so many people were believing if that was another crap but in fact that gives a lot of benefits right now. People need the more time to understand about what the technology is.

The key is to develop more applications and drive adoption. It is inevitable. It is only a matter of time.

[mv1986]

the volume will recover gradually, it only takes until the middle of next year, because not too much volume is increasing, especially many new coins are registered in many markets.

The key is to continue believing in the power of the technology. The rest is destined Northwards.

Technology is a must and it can't be erased for those are not following it will have needed to pay a lot in the future. Remember about the dotcom bubble and how so many people were believing if that was another crap but in fact that gives a lot of benefits right now. People need the more time to understand about what the technology is.

The key is to develop more applications and drive adoption. It is inevitable. It is only a matter of time.

It's not only about more applications, but about better applications. So far there isn't a single app that has blown me away.

[qazgroup]

I do not know what you are talking about because bitcoin and eth still represent the majority of the market volume if you do some research btc alone represents over 50 percent of the total market volume so all the altcoins still represent less percentage. On the other hand i would like to see market grow to 1000 billion market cap it will be exciting to see all these volume and market cap stats of major coins at that level.

[mv1986]

I do not know what you are talking about because bitcoin and eth still represent the majority of the market volume if you do some research btc alone represents over 50 percent of the total market volume so all the altcoins still represent less percentage. On the other hand i would like to see market grow to 1000 billion market cap it will be exciting to see all these volume and market cap stats of major coins at that level.

You can go back 12 months or so and check what it was when overall market cap was at $800 billion or so. It's roughly the same what you are asking for.

[ChiNgadOr]

I also like the fact that there is a wider distribution of money among cryptocurrencies. I have seen this thousand of times.. BTC may be a pioneer, but there will come a day when it its replaced. Comissions too high, fake decentralization (most hash power among few mining groups), slow transfers...

[sufferer123]

Volumes are still very low compared to the end of 2017. Many exchanges are creating fake volume just to enter the rankings. For now, I don't think these volumes can be taken as an indicator.