2) 50 BTC.. If you want monthly average it is surely more than 1500 BTC
Let me give you hint BTC goes down you get buyers, BTC goes up you get sellers. In an exchange isnt the No. of buyers= No of sellers.
No. For trades yes, but in general you will never find no of buyers = No. of sellers.
To get trades you need liquidity and to get liquidity you need enough trades.
You will get more sellers when BTC is going up trying to cash out profits and you will find more buyers when BTC is going down. Here is the basic issue lies. When BTC is going up you will not find a lot of traders who want to buy and when BTC is going down you will not find lot of sellers. But all of this is related to traders who knows what they are doing.
There is one more class of users. Newbies
They always buy at rallies going up and sell when BTC starts going low. They are what you need most to get liquidity. The issue at the moment in India is you will not find good amount of newbies.2) 50 BTC.. If you want monthly average it is surely more than 1500 BTC
Let me give you hint BTC goes down you get buyers, BTC goes up you get sellers. buysellbitco.in essentially buys from users and then sells them instead of acting as a middleman. Am i correct?
Exactly. We do not act as middleman and we are direct other party in any trade. Running exchange you dont need to bother much about rates. But as Over the counter shop we are vulnerable to BTC ups and downs and have to keep very tight hands on our stock.