People massively withdraw their bitcoins through Localbitcoins, and the turn is near?
People massively withdraw their bitcoins through Localbitcoins, and the turn is near?
We sort out.
If you look at the trading volume of the most popular p2p exchange, which everyone, who is even slightly connected with the crypto-currency market, has heard, you can notice anomalous sales jumps in some local markets, as well as in the global chart.
If we talk about the global sales volume, in recent weeks it has reached, and even exceeds the volumes from September to December 2017. It's amazing, is not it?
Even more surprise you will cause a local sales volume in the pair BTC / EUR (Europe) and BTC / CAD (Canada).
The European market shows volume that doubles the records of the end of 2017, and for the last month, which as we all understand, it is quite difficult for the masses not to press the "sell" button - the volumes have increased 4-fold.
Coupled with the Canadian dollar is still more fun: the volume has increased almost 5.5 times compared to the previous year, and for April, if you compare volumes with the March - in 11
Now ask yourself: what is Localbitcoins and why do people use it?
Correctly, through it, crypto-enthusiasts massively save their savings for everyday needs, and also appear in Fiat, disappointed in the market. Under the obvious laws of the economy, any sale is someone's purchase ... what follows from this?
And it follows, my dears, that the shaking does not just continue. People literally in hysterics give their bitcoins to strong hands, which, believe me, will find them an application.
The most depressing part of the global correctional models is the time when people simply begin to "eat" their deposit, deducing for pennies digital gold to pay for an apartment, loans and trivial needs. Save your gold now - a real feat, be stronger .
Abnormal volume of Localbitcoins trades.
The volume of trades in Europe.
Total trading volume.