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/biz/ - Business & Finance

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24009488 No.24009488 [Reply] [Original]

Why is BTC volume so low?

>> No.24009515

>>24009488
bout to rocket

>> No.24009519

doesn't matter. 100K EONM

>> No.24009529

>>24009488
noone is selling

>> No.24009562

>>24009488
cus u checkin btc to real usd
check usdt pairs
tether is doing brrrrrrr

>> No.24009906

>>24009488
because no one is selling

>> No.24010000

>>24009488
>BItstamp
There's like 20 other exchanges now

>> No.24010132

>>24010000
whats wrong with bitstamp?

>> No.24010221

>>24009529
>>24009906
Because no one is actually BUYING.
It's just a manipulated pump, no real new money are flowing in.
The next big volume bar will be red.

>> No.24010406

>>24009488
Maybe they're mostly buying through PayPal or CB which always buys above market?

>> No.24010433

>>24009488
there are more exchanges every day, so it's hard to judge volume.
i'd say check the marketcap, but it's littered with data errors.

>> No.24010440

>>24009488
Whales finally removed their suppression bots. This is BTC's original price action before manipulation

>> No.24010457

>>24009488
No is trading, it’s just large buyers purchasing and taking BTC off of exchanges

>> No.24010460

>>24010221
this. A look at okex and huobi spot and one would know the price is pulled up since the 7th by very random 150 btc walls. My guess pump to 18K+ and then a nice 50% retrace

>> No.24010476

>>24010457
*no one is

>> No.24010488

>>24010132
Like the anon said there are more exchanges now, bitstamp has a much smaller share of the market now. Across all exchanges volume is way up in USD terms.

>> No.24010569

Brainlet here.
How can price move so much with low volume? Doesn’t price change as a result of trading?
Basically, why line go up?

>> No.24010597

>>24010569
those who control the order books control the price.

>> No.24010623

>>24010569
Volume doesn't correlate with price movement. If ten million people buy a single stock and ten million more people sell it, the volume will be 20 million but the price will not move.

>> No.24010624

>>24009488
Those are weekly candles and its monday you retard

>> No.24010628

>>24010569
If whales accumulate. It takes less money to move the price up be cause theoreticaly the circulating supply is lower.

>> No.24010636
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24010636

>>24009488
no one is selling their precious btc

>> No.24010663

>>24009488
Cuz you’re a retard who believes the volume meme. No one is trading the future. They are holding so the price goes up. When you see volume goes up, that means faggots are trading and selling.

>> No.24010900
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24010900

>>24010624
Monday?

>> No.24010940

>>24009488
Because we are reaching the equilibrium point, the point where everyone who cares to own bitcoin has exactly as much as they are comfortable with and no one else is interested in buying. It's the sign of a market that is dying.

>> No.24010993

https://mobile.twitter.com/woonomic/status/1328527907732406272

For the last month 11 BTC has been sold per hour by miners. 214 BTC per hour has been taken off of exchanges in the same timeframe

>> No.24011022
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24011022

>> No.24011068

>>24011022
Fuggg

>> No.24011093

>>24011068
WHAT DOES THAT MEAN

>> No.24011116

>>24011093
it means OP is a faggot

>> No.24011192

>>24011093
He's showing that we have a lot more volume than we did when we hit ATH

>> No.24011274

>>24010221
the redpill biz just cant swallow

>> No.24011443

>>24011274
calling it a redpill is accurate because "redpills" are typically total bullshit spewed from loud morons who have no idea what they're talking about, similar to those in this thread.

>> No.24011823
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24011823

We are going to pump again. Volume higher than last time.

>> No.24011933
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24011933

>>24011823

>> No.24011952 [DELETED] 

>>24009488
who is selling in a bull market after 3 years of bad news are redicule.

this has happened 3 times before.

Each time the people that would sell sold out.

Each time you strengthen the Hodl base exponentially.

Every other asset class they can print more certs, dollars, change the tax system, etc and get diltue your HODL.

So yeah I can understand whey vol is low

>> No.24011977

>>24010221
Who the fuck cares? You want to be rich, don't you?

>> No.24012079

Who is selling in a bull market after 3 years of bad news are ridicule.

this has happened 3 times before.

Each time the people that would sell sold out.

Each time you strengthen the Hodl base exponentially.

Every other asset class they can print more certs, dollars, change the tax system, etc and get diltue your HODL.

So yeah I can understand whey vol is lowI also add.it's my feeling that once you get into BTC, you kinda don’t feel safe cashing out.

See every other asset a gov can tax seize, a wife or thot and divorce rape you out of 50% of your real estate or whatever.

Two thots and your down to 25% of your 100% etc.

BTC you can just take some out as you need a buffer.

>> No.24012239
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24012239

>>24009488
Rising price on low volume is the definition of bearish. I don't think we will see the ATH of 20k break until April-May 2021.

>> No.24012302

>>24012079
>can print more gold
>can print more real estate
>other “deflationary” systems don’t exist (cardano)

>can’t tax crypto
Whatever Im riding this shit for a few weeks but it’s too early to be overdosing on 1 million dollar bitcoin copium lmfao