Quote from: BlackFor3st on January 21, 2020, 06:35:57 AM

Quote from: hoaryal1 on August 22, 2019, 12:05:13 PM

According to CMC, since the beginning of 2019 the crypto cap has tripled, and daily trading volumes passed $70B. However, some are questioning the legitimacy of this data. With individual & institutional investors flooding into crypto, its time to evaluate how many people are really trading crypto

After a disappointing 2018, crypto markets are booming once again.

Backed by institutional investors, growing numbers of individual enthusiasts, and broad support for its underlying technology, the blockchain, the entire crypto sector is seeing a resurgence.

According to data collected by CoinMarketCap, the collective crypto cap has nearly tripled since the start of the year. Led by Bitcoin (which has also tripled its value since its low point in 2018) cryptocurrencies are outperforming many other investment assets, including stocks, bonds, gold, and oil.

For those who witnessed cryptos meteoric rise in 2017, this years activity might seem incredibly familiar.

USDT fake volume

Many Exchanges fake volume

EOS fake how much they raised

So, How Many People Are Really Trading Cryptocurrency?

Article and more info about it

What do you guys think?

There is a big possibility that the credibility of that data is only half true as most of the exchanges are faking their volume and cmc is only basing their data in overall exchanges data if I hit it correctly.

But the adaption of crypto currencies are keep on growing as days passes by so I believe the demand is keep on increasing. I also want to know if their are platforms that can trace the total number of people that use and trade crypto currencies.

There's no doubt that it's really the case and I think CMC get a hard time to filter those exchange who feed there the data but maybe people should be considerate to that since they are free to use anyways. But since the cap still continuously growing for sure many people get aware about the cryptocurrency and this is a good sign for more adoption.