Wanderer thinks we are going down because the volume on stamp (dying post hack) is lower than during a blow off bubble top. He ignores the fact that on finex (the main bitcoin exchange) volume is up hugely in the last few months. He will be surprised when the price glides past 300 and continues upwards..
Did I say anything about what the price will do next?
We were talking about all exchanges combined, The bitfinex volume in USD is not that different compared to the one during the $300-$400 range, only slightly, and it could be due to the fact that more people are using the exchange (compared to bitstamp for example). If you combine all volumes measured in fiat on all exchanges (and I added chinese ones even if oda doesn't think that's a good idea), there is less volume overall now than in the $300-$400 range before the last crash.
That's all I said.
What do you mean with "main bitcoin exchange"? what criterion are you using? Certainly not volume. You telling me that the volume on Huobi and OKCoin is in part "fake" doesn't tell me if the volume on bitfinex is bigger than the "legit" part of the volume on chinese exchanges...
There is no such thing as a "main bitcoin exchange" right now by the way.