ETHEREUM 24hr VOLUME / PRICE COMPARISON / CRYPTO CURRENCY POLONIEX
🐒 24hr VOLUME ETH
🐒 24hr VOLUME ETH / CRYPTO CURRENCY ( ALT COINS ) and ETH price comparison at Poloniex
I feel like a lot of Ethereum when purchased goes to Poloniex in order to trade other Alt coins.
So I decided to start watching the 24hr volume of ETH traded on Poloniex to see how it correlates with the Ethereum price.
🐒 The 24hr volume ETH is the number of ETHEREUM used to trade AltCoins on Poloniex .
🐒
CHART # 1:
BLUE COLUMN = 24hr volume Altcoins traded using Ethereum at Poloniex
VIOLET LINE = ETH PRICE
🐒
SUMMARY
🐒 With the turmoil in Bitcoin concerning the bip-148 and the “user activated soft fork” or “UASF.”I feel more people may start entering the crypto world through Ethereum.
Note: I don't have much data yet on this but I will be updating and posting this regularly .
🐒
DISCLAIMER : This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommend that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Please voice your opinions in the comments below.
SUMMARY
🐒 With the turmoil in Bitcoin concerning the bip-148 and the “user activated soft fork” or “UASF.”I feel more people may start entering the crypto world through Ethereum.
Note: I don't have much data yet on this but I will be updating and posting this regularly .
Yesterday's ETH mess started Coinbase, not Polo: https://blog.gdax.com/eth-usd-trading-update-5d8142b5bdc1
I had no idea this took place yesterday Do you think if you had an order to buy at lets say 0.25 cents you would have been filled at coinbase . thanks for the update on this busser .
That was 30M order. Of course it filled all. I thought, normal whales trade OTC. This one was sick probably - thrown himself on the shore. Redditit mentioned that earlier it happened in April also with coinbase - cannot give link now - on the road
Well at least some did there homework lol, erhereum is getting more and more attention these day. Thanks for posting this me-tarzan :)
thank you for the information.
upvoted and resteemed
Now with the ETH scaling problems I think people will better stay with bitcoin or look for even better alternatives. For example STRATIS has showed great potential and could be a gamechanger in Q3 when they launch smart contracts and sidechains. Anyway Ethereum MUST solve their scaling problems because if the blockchain gets clogged again it will lose the trust of many current users.
The cryptomarket is always so volatile and I believe that is partly what makes it so great...ITS UNPREDICTABILITY
nice post keep it up i expect such an awesome post from you my full support is with you