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A comment on Cambridge Bitcoin Electricity Consumption Index. Parent comment

Re:Cambridge Bitcoin Electricity Consumption Index by krona on Wednesday February 10, 2021 @09:53AM (#26089889)
increased amount of trading typically increases volatility.

Define amount. If you mean number of trades, then the effect is decreased standard deviation if the average trade is smaller as a percentage of total market capitalisation. That seems completely logical.

See: pretty much every study in to HFT.

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Re:Cambridge Bitcoin Electricity Consumption Index by beefield on Wednesday February 10, 2021 @10:32AM (#26090474)
Trading volume. It was taught to me so long time ago and I have thought it so obviously true that I haven't questioned it ever. If you want sources, here is one example (TBH, I only read abstract) I quickly googled. To me, number of trades does not sound a reasonable measure for analyzing markets in macro level, even if for HFT it may be interesting, I know nothing about that.

https://core.ac.uk/download/pdf/4837179.pdf

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