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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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17180105 No.17180105 [Reply] [Original]

I think i read somewhere that the volume now is higher than in 2017.
If thats the case why isnt everything mooning?

>> No.17180122

>>17180105
You read that on biz and it was a lie

>> No.17180129

>>17180105
I hate to inform you of this, but people can sell.

>> No.17180137

>>17180129

holy shit my sides

>> No.17180732

Every time you buy, someone else is selling. How does the price ever even change? Makes no sense.

>> No.17180763

>>17180105
It's mostly fake volume generated by bots. You can look at the order books of any big exchange and see this in action. If the volume is actually higher than in 2017, then we should be seeing much more volatility. What's happening now is nothing compared to 2017. Back then, holding was actually a viable strategy for many coins.

>> No.17180881

>>17180763
>implying 2017 was real volume

>> No.17180898

>>17180129
based, OP fully BTFO