Bitcoin "Freefall"

How does one figure out the number of bitcoin that are traded. I have a chart of $BTCUSD in TradingView. What does the volume represent? The number of trades or the number of bitcoin traded?

Where exactly is it traded and who reports it? With stocks I can get a report showing the volume of each trade and the selling and buying brokers. Is that possible with bitcoin?
 
deaddog said:
How does one figure out the number of bitcoin that are traded. I have a chart of $BTCUSD in TradingView. What does the volume represent? The number of trades or the number of bitcoin traded?

Where exactly is it traded and who reports it? With stocks I can get a report showing the volume of each trade and the selling and buying brokers. Is that possible with bitcoin?
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https://coinmarketcap.com/currencies/bitcoin/

USD amount.
 
Ed48 said:
Try what again?

BTC has only been around a decade and yet it's already crashed harder and more often than the stock market has in a lifetime.
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Reading is hard, huh? 5 times!!!!

Still haven't said when this crash is supposed to happen or why.

Hey how about also letting everyone know how many bitcoin put options you bought and/or call options you sold and futures you went short. You know so it doesn't look like you are just talking out your azz like every other crypto crybaby.
 
"do you know that when #Bitcoin went from $17,000 to $3000 that 86% of the people that owned it at $17,000, never sold it?”
The man who wrote the post above, took profits and waited for a correction before getting in again. He even never took again the size he initally had. But he wants to convince other people to buy and never get out. Why is he not doing what he is trying to convince other people of? Hidden agenda.

52% of all addresses could lose maximum $38.7 (if they bought at $17.000). If they bought lower, which is probable, they could lose even less. No wonder they did not sell.
And 25% of all addresses could lose maximum $387 (if they bought at $17.000). If they bought lower, which is probable, they could lose even less. No wonder they did not sell.
So that statement sounds really hilarious. Only stupid people would believe that statement.


SunTrader said:
Because often a market goes down because of a lack of buyers, not an overwhelming amount of sellers or vice versa a market goes through the roof because of a lack of sellers, not an overwhelming amount of buyers.

Something the clueless sheeple naysayer know-it-alls never think of.
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First rule in trading or investing is to put a stop. Only idiots trade/invest without any stop.
The first people who wipe out completely are those who don't put stops.
 
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virtusa said:
"do you know that when #Bitcoin went from $17,000 to $3000 that 86% of the people that owned it at $17,000, never sold it?”

52% of all addresses could lose maximum $38.7 (if they bought at $17.000). If they bought lower, which is probable, they could lose even less. No wonder they did not sell.
And 25% of all addresses could lose maximum $140 (if they bought at $17.000). If they bought lower, which is probable, they could lose even less. No wonder they did not sell.
So that statement sounds really hilarious.
First rule in trading or investing is to put a stop. Only idiots trade/invest without any stop.
The first people who wipe out completely are those who don't put stops.
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Most people don't even know what a Stop is. When you have full time job, wife(s), kids and life ...Even when one knows about it, most don't know how to use it properly. Too complicated !!! :-)
 
Why is virtusa-is-a-liar quoting my post when he has me blocked? :D

Hey, virtusa-is-a-liar why don't you post a screenshot of your successful trading for 20 years? You can't??? because you're a loser, that's why

I posted that passage in quotes because that did not come from me, you should copy and paste in google


You worship billionaires, you're a whore for old billionaires, did you enjoy your last sex orgy with Buffet and Munger? How much did they pay you, virtusa-is-a-liar, $10? you cheap cuck :)
 
virtusa said:
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First rule in trading or investing is to put a stop. Only idiots trade/invest without any stop.
The first people who wipe out completely are those who don't put stops.
More...
WTF does that happen to do with what I pointed out previously?
 
Ed48 said:
Why it might not be wise to put your entire life savings in BTC. :D

Drawdown....BTC.............................Stock market
10%..............noise............................pullback
20%..............several times a year.......rare (considered bear market territory)
50%..............once a year...................very rare (1972/4, 2008/9 GFC)
75%..............every couple of years......extremely rare (2000/2 dotcom)
90%..............???...............................once in a blue moon (1929 Wall St crash)
100%............:wtf:
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I think a better comparison would be against behavior of commodities prices, since we should not compare bitcoin to equities markets.
Equities represent real cash generating businesses while bitcoin is not producing any income, at best maybe considered a kind of currency or a commodity with fixed supply but not as equity.
 
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