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Title: Looks like low volume and high volatility. Post by: Wuji on April 04, 2013, 04:32:55 PM It looks like very low volume and lots of volatility. Are the buyers gone now or is this Mt Gox problems?
https://i.imgur.com/aAXKfwW.png Title: Re: Looks like low volume and high volatility. Post by: Qoheleth on April 04, 2013, 04:40:24 PM Most of the 15-minute slices in that chart show six figures USD being traded.
I wouldn't call that "low volume". Title: Re: Looks like low volume and high volatility. Post by: zoinky on April 04, 2013, 04:41:40 PM Hi, you must be new here.
Title: Re: Looks like low volume and high volatility. Post by: ehoffman on April 04, 2013, 04:43:49 PM I think that people are waiting to see what will happen next. A lot are nervous right now. After all, the growth is pretty big in short time and it really look like a speculative bubble. What happened yesterday did put a cold feeling on investors. So, for now, it's pretty much wait and see.
What can happen... either: - Some big buys will take place, driving the price to 140~145. Bringing in more fair, a small crash followed by buy back, and more nervousness. - Hold and wait for market to stabilize a few hours/days, to give some reassurance. - A small crash followed by buy-in any minutes now - People will lose confidence and start selling and price will go on down trend for some time. So, anything is possible, however, the higher it goes, the lower it goes in that above list ;D Title: Re: Looks like low volume and high volatility. Post by: Wuji on April 04, 2013, 04:46:23 PM Yeah it is high volume now that I look again. Should of checked longer date ranges first, doh.
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