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by dhbanes 1109 days ago
24 hour BTC-USD volume is > $15bn so yes.
1 comments
moonchrome 1109 days ago
Short selling and algo trading on exchanges would get counted towards that volume ?

With the exchange scams going around daily o wouldn't be surprised if that number is order of magnitude higher than the actual USD involved and in trading.

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nl 1109 days ago
This seems an odd comment.

Algorithmic trading is an should be counted. It's volume!

Shorts and other derivatives isn't because it's a different instrument.

It's true there could (and probably is) wash trading going as well as other forms of laundering. But that's still genuine volume.

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moonchrome 1108 days ago
If I use 1 million dollars to make 1000 trades in and out of btc in a day that's a billion dollars of volume but maybe a couple of million in market depth could make that stable to enable those trades and a couple mill more could crash it.
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nl 1108 days ago
Sure. As I mentioned:

> It's true there could (and probably is) wash trading going as well as other forms of laundering.

There's little evidence of large volumes of wash trading specifically on BTC though, and it's pretty easy to trace.

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