No coins: the trading volume on Localbitcoins has fallen to a five-year low
Source:
According to reports , the first week of September will be remembered most P2P low trading volume . The decline in activity is observed almost on all trading pairs is that some of the rest can boast of normal volume. About it writes .
theis it Worth buying crypt on Localbitcoins
For the first week of September through the service it took only 864 bitcoin — the lowest volume for five and a half years. Up to this point, most «sluggish» a week mid March 2013. It was then that Coin.dance first began to collect statistics of trading on Localbitcoins.
In dollar terms, the picture is also not encouraging — the last time these figures were 31 January 2015. That day on the trading floor transactions conducted by 5.87 million dollars.
Most national markets Localbitcoins is in a state of decline. Among the 48 trading pairs only currency of Croatia, the Czech Republic, Iran, Morocco, Poland and Venezuela have the same liquidity that a few weeks ago.
From the situation, you can highlight an interesting trend. For bitcoin losing interest in developed countries. The residents of the States whose economy is suffering from hyperinflation, actively buying Bitcoin and to escape from the fast national currency.
When the situation changes? Share your predictions in .
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