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Main => General Discussion => Topic started by: MrJeans on February 08, 2015, 08:26:05 pm

Title: Large on Bitshares exchange trade volume bitUSD
Post by: MrJeans on February 08, 2015, 08:26:05 pm

I noticed on coinmarketcap.com that 'on bitshares exchange' trade volume for bitUSD is very high. Such that total trade volume for bitUSD places it at number 5 when ranking 'currencies' on the site by trade volume.

Any ideas why this may be the case. Has it always been this high or is this recent. I cant find a chart to show trade volume over time.

Perhaps the new mine bitUSD pool?

Title: Re: Large on Bitshares exchange trade volume bitUSD
Post by: robrigo on February 08, 2015, 08:27:42 pm

Pretty sure thats due to some short expirations being covered.

Title: Re: Large on Bitshares exchange trade volume bitUSD
Post by: svk on February 08, 2015, 08:28:08 pm

Quote from: MrJeans on February 08, 2015, 08:26:05 pm

I noticed on coinmarketcap.com that 'on bitshares exchange' trade volume for bitUSD is very high. Such that total trade volume for bitUSD places it at number 5 when ranking 'currencies' on the site by trade volume.

Any ideas why this may be the case. Has it always been this high or is this recent. I cant find a chart to show trade volume over time.

Perhaps the new mine bitUSD pool?

It's due to some old shorts expiring and being forced to cover, see this thread for more info: https://bitsharestalk.org/index.php?topic=14075.0

Title: Re: Large on Bitshares exchange trade volume bitUSD
Post by: MrJeans on February 08, 2015, 08:34:30 pm

Ah, okay interesting. Dividends, yay  :P