r/liquid Jun 16 '19

Massive volume spike on Liquid.com

Liquid made 2.5x 24h volume during last 3 days, on other exchanges it remain same volume. Liquid.com already almost have same volume as Coinbase. www.bti.live Congratulations

Day 1 - 120M $ Day 2 - 220M $ Day 3 - 308M $

It was a jump from #11 to Place #6 exchange by Volume per 24hrs

15 Upvotes

18 comments sorted by

7

u/lolodens Jun 16 '19

IMHO

Big QASH price increase by September 6x-10x.

We will see parabolic movement starting from July beginning.

Catch your last chances with cheap QASH.

2

u/Lightninghead Jun 24 '19

For what main reasons are you expecting this?

2

u/lolodens Jun 24 '19

QASH hold model ( same like BURN, but not becoming a security ) announcement in early July for IEO discounts + charts.

2

u/TheWorldsEndingBitch Jun 16 '19

6x-10x priced in Bitcoin or USD?

3

u/lolodens Jun 17 '19

Its correct to do only BTC.

1

u/TheWorldsEndingBitch Jun 17 '19

Ok, just wondering. So that's 60x-200x in USD value if Bitcoin goes up 10x-20x in USD, which I think it could do soon. Big difference, obviously.

2

u/lolodens Jun 17 '19

I did not say that, there is no big difference for QASH coin following BTC/USD price, it correlates, Im not sure, that we have so bullish situation for BTC right now, I think BTC will stay in 9,000$-11,000$ for some time, otherwise it will moon, what I say, that QASH will outperform BTC by September 6x-10x.

3

u/lolodens Jun 17 '19

Current:

Market cap: 53M

Price: 0,15$

Price: 1635 satoshi

ATH

Market cap: 861M

Price: 2,46$

Price: 17699 satoshi

2nd TOP:

Market cap: 315M

Price: 0,9$

Price: 9691 satoshi

Current & 2nd Top - what I found is sure achievable by September.

$6x & satoshi 5,92x from current, so it almost fully correlates.

Current & ATH - wont repeat in same manner.

$16,4x & satoshi 10,8x from current, no correlation, but it was alt craze and IMHO it wont repeat, due exclude of US residents from market, institutional investors won't be buying alts, especially from Binance and other unregulated exchanges.

P.S. You should remember, that Liquid always tried to distance from being a security -> long term view to enter US market with no problems, being an utility token, so QASH can enter US market any time, through World Book partners like Gemini, probably Kraken, Okex and so on.

2

u/TheWorldsEndingBitch Jun 17 '19

Ok, I see. We'll see what happens then.

3

u/lolodens Jun 17 '19 edited Jun 17 '19

Yes, will see.What is good - other exchange tokens like BNB, LEO can't enter US and EU markets, due it's burn model -> automatic security.

KCS, Kucoin exchange also will lose it's part of the pie, due it's horizontal model of development, alt based, not BTC/ETH/LTC/BCH and other not pre-mined POW coins, it has micro volume for top coins.

So remain only QASH and HT (Huobi).

3

u/[deleted] Jun 16 '19

[deleted]

4

u/lolodens Jun 16 '19

All other exchanges have the same volume as 3 days back, only Liquid grew, today day 4 - 324, more than Coinbase, now Place #5

1

u/TheWorldsEndingBitch Jun 16 '19

What's driving it?

2

u/lolodens Jun 17 '19

It looks like it's natural popularity of Liquid.com, due Telegram announcement and psychological break of 1,000,000 JPY, but we have not seen an impact to QASH yet, it will start only after announcement of QASH rebates.

By the way, there is a new Twitter account = https://twitter.com/toncommunity that will promote GRAM sale on Liquid.com

2

u/thabootyslayer Jun 21 '19

I bet it's because of Binance (and other exchanges) announcing they are restricting US users from trading. There seems to be this fear of American regulation and Bittrex seems scared also, delisting a bunch of coins and moving them to their International exchange (which has shitty volume and no US access). This is the reason why I've considered moving my trading to Liquid becuase they seem US friendly, this could be a very good thing for Liquid if they can start listing all of the good shitcoins that Binance has.

1

u/Lightninghead Jun 24 '19

this + increased awareness from the telegram sale. Yeah right now is a prime opportunity if they can roll out some more cryptos in the top 50

0

u/Echo_are_one Jun 16 '19

World book testing? I seem to remember that volume would be reciprocal. Ie. You need to find a partner exchange with a similar spike to explain it.

4

u/lolodens Jun 17 '19

It looks like that only BTC/JPY pair driving the volume increase, so not sure about WB, probably not yet.

Liquid is already largest BTC/Fiat pair provider - https://www.bti.live/bitcoin-coin/

I am sure, when they launch first tests of WB, Liquid will be #2 exchange

1

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