Post
Topic
Board Speculation
Re: Where is all this new trading volume coming from?
by
andrei56
on 17/05/2017, 02:43:41 UTC
Bitcoin 24 hr volume exceeded $1 billion in 24 hrs last week (with the entire crypto market exceeded well over $2 billion). Thats like a 10 time increase over the last few months. At first I thought it was just pumpers going crazy but now it seems like an established trend.

Where is it all coming from?

What will the volume be like in 6 months?
It comes from japan in my opinion, japan has always been interest in the technology but after Mt Gox they seem to lost enthusiasm, but it seems they are ready to be back in the game and with the Japanese government recognizing bitcoin then the chances this is true growth is very big.