Bitcoin Forum

Economy => Exchanges => Topic started by: bitbitch on March 10, 2016, 09:31:25 AM



Title: Exchanges closing?
Post by: bitbitch on March 10, 2016, 09:31:25 AM
i'm working on risk strategies.

when exchanges have stopped trading in the past has there been a favorite day of the week to close to capture the most customer fiat possible?


Title: Re: Exchanges closing?
Post by: eternalgloom on March 10, 2016, 09:38:12 AM
I think that it would be difficult to say that on any particular day, it would be more likely for an exchange to close down. It's down to exchange-specific variables wether an exchange chooses to cease operations.


Title: Re: Exchanges closing?
Post by: bitbitch on March 10, 2016, 09:41:55 AM
I think that it would be difficult to say that on any particular day, it would be more likely for an exchange to close down. It's down to exchange-specific variables wether an exchange chooses to cease operations.

Thanks.

Put another way, in the natural rhythm of the real fiat world are certain days of the seven day week known to have typically higher fiat flows to and from exchanges, regardless of coin pump and dump phases?


Title: Re: Exchanges closing?
Post by: watashi-kokoto on March 10, 2016, 09:50:12 AM
Put another way, in the natural rhythm of the real fiat world are certain days of the seven day week known to have typically higher fiat flows to and from exchanges, regardless of coin pump and dump phases?

Consider that banks don't operate at weekend, so most transactions happens perhaps on the monday and friday?


Title: Re: Exchanges closing?
Post by: justspare on March 10, 2016, 09:55:50 AM
I think that it would be difficult to say that on any particular day, it would be more likely for an exchange to close down. It's down to exchange-specific variables wether an exchange chooses to cease operations.
Yeah. There is really no way to tell what specific day exchanges are going to stop trading. I just don't trust any exchange.


Title: Re: Exchanges closing?
Post by: bitbitch on March 10, 2016, 10:16:58 AM
Put another way, in the natural rhythm of the real fiat world are certain days of the seven day week known to have typically higher fiat flows to and from exchanges, regardless of coin pump and dump phases?

Consider that banks don't operate at weekend, so most transactions happens perhaps on the monday and friday?

some modern web fiat banks operate seven day transfers.


Title: Re: Exchanges closing?
Post by: Pk880058 on March 11, 2016, 07:11:31 AM
Put another way, in the natural rhythm of the real fiat world are certain days of the seven day week known to have typically higher fiat flows to and from exchanges, regardless of coin pump and dump phases?

Consider that banks don't operate at weekend, so most transactions happens perhaps on the monday and friday?

some modern web fiat banks operate seven day transfers.

even if modern web fiat banks operate seven day transfers , exchanges also should work if you considers for fiat world then it is true that monday and friday are high end transaction days.  saturday and sunday you can see high volumes and who are big whales are utilizing this two days for more fluctuations as this two days are mostly no one can operate fully firat banks.


Title: Re: Exchanges closing?
Post by: crazyivan on March 11, 2016, 07:14:39 AM
i'm working on risk strategies.

when exchanges have stopped trading in the past has there been a favorite day of the week to close to capture the most customer fiat possible?

A favorite day of the week for exchanges closing? You have gotta be kidding. There has to be a way for you to use your time more efficiently.


Title: Re: Exchanges closing?
Post by: bitbitch on March 11, 2016, 10:37:14 AM
i'm working on risk strategies.

when exchanges have stopped trading in the past has there been a favorite day of the week to close to capture the most customer fiat possible?

A favorite day of the week for exchanges closing? You have gotta be kidding. There has to be a way for you to use your time more efficiently.

what day of the week did Gox shutter?


Title: Re: Exchanges closing?
Post by: SFR10 on March 11, 2016, 04:41:07 PM
From your seconds post, it seems that, your after the day to not exchange your BTCitcoin to fiat or vice versa since it has the most potential ups and downs. Anyway to answer your question, if the exchange, operates 7 days a week then it should be the week end (Saturday and Sundays) since that's when is most users off day is, but if it operates 5 days a week then it should be the start of their weekly period (Monday).


Title: Re: Exchanges closing?
Post by: European Central Bank on March 12, 2016, 01:06:08 AM
Most dead scam exchanges are alt only exchanges. If you dabble with usd and friends then you have to be regulated up the ass and you're likely to be traceable. Alts don't care what day of the week it is.