Richard Branson
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January 12, 2014, 06:47:43 PM

Yes indeed, and this is not even the volume in USD.
You can't count bot volume as market volume.
There is no difference. It doesn't matter whether a trader's organism is based on carbon or silicon. He/it is still a trader and his/its liquidity is liquidity and his/its trading volume is trading volume.

It's trading volume, but you can't extract any usefull informations about the market.
If the volume goes up because of 0% fee, this is no bullish/bearish sign.

These bots and 0% exchanges don't help to see any market trends. You can't see if there are more people buying into bitcoin or leaving the market, because the biggest volume is from bots.