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jameslk
201 days ago
Volume != value. Less trading can be a sign of more holding
2 comments
D13Fd
201 days ago
But people are “holding” nothing more than a line on a spreadsheet. The only true value a cryptocurrency has is in enabling transactions.
If that’s not what it’s doing, then it will eventually have no value.
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louthy
201 days ago
Less trading is the sign of an illiquid market, which can mean pricing becomes volatile and eventually meaningless.
link
If that’s not what it’s doing, then it will eventually have no value.