Post
Topic
Board Economics
Re: Total number of bitcoins.
by
galdur
on 11/02/2015, 14:32:30 UTC
BTC has no volume to speak of. It´s really microscopic.

On a very good 24 hr.period it trades like 1/60th of what for example Facebook stock turns over in a 6.5 hr. session. On the average it´s more like 1/100th.

Compared to FOREX that turns over 5 Trillion dollars in a day, BTC volume is just pocket lint.

P.S. Last 24 hrs.  volume 20,617,800 = 1/150th of Facebook stock turnover in a session. Pocket change.