Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: jasonslow on May 12, 2013, 10:59:54 AM



Title: The Volume of Trading Decreasing
Post by: jasonslow on May 12, 2013, 10:59:54 AM
I noticed that the volume of trading in mtgox and btc-e is decreasing is this normal?


Title: Re: The Volume of Trading Decreasing
Post by: qiuness on May 12, 2013, 11:01:23 AM
it's the calm before the storm :))


Title: Re: The Volume of Trading Decreasing
Post by: Impaler on May 12, 2013, 11:04:18 AM
Lower volume generally equates with a more stable price.  After the huge crash and turbulent period afterwards it would be hard to not see volatility go down at this time.  Though my personal prediction is that in a few months the bottom will fall out of the market after ASICs have squeezed out the profit margin and miners liquidate more coins then the market can absorb.


Title: Re: The Volume of Trading Decreasing
Post by: JCviggen on May 12, 2013, 11:07:03 AM
Holidays in Europe and Russia, spring weather,...I'd expect it to pick up from monday onwards.


Title: Re: The Volume of Trading Decreasing
Post by: jasonslow on May 12, 2013, 11:18:43 AM
I thought people are leaving the cryptocoins. lol