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Title: The reason volume is so low on Gox, BTCE and Bitstamp Post by: HairyMaclairy on January 19, 2014, 12:42:27 PM Because China is already on holiday.
Come back in two weeks guys. Title: Re: The reason volume is so low on Gox, BTCE and Bitstamp Post by: Apostata on January 19, 2014, 12:54:31 PM That would explain the (pretty significant) volume drop on Huobi, but why BTCe, Bitstamp, and Gox?
Title: Re: The reason volume is so low on Gox, BTCE and Bitstamp Post by: pand70 on January 19, 2014, 01:18:30 PM Anyone else worries about what will happen after the Chinese new year ::)
Title: Re: The reason volume is so low on Gox, BTCE and Bitstamp Post by: Apostata on January 19, 2014, 01:28:52 PM Anyone else worries about what will happen after the Chinese new year ::) Wouldn't it make sense to protect your investment by exploring every possible threat or opportunity? All those in denial may just want to do themselves a favour and listen to every opinion to at the very least educate themselves. If you have learned everything you possibly can about the situation in China, including what's happening with the volume at Huobi and researched the background of the owner of what is currently the largest exchange in the world, and conclude that this situation is not a threat to bitcoin short term, that more power to you. Title: Re: The reason volume is so low on Gox, BTCE and Bitstamp Post by: HairyMaclairy on January 19, 2014, 08:17:37 PM That would explain the (pretty significant) volume drop on Huobi, but why BTCe, Bitstamp, and Gox? Because those are Chinese traders too. Title: Re: The reason volume is so low on Gox, BTCE and Bitstamp Post by: Kungfucheez on January 19, 2014, 08:32:29 PM That would explain the (pretty significant) volume drop on Huobi, but why BTCe, Bitstamp, and Gox? Because those are Chinese traders too. BTCe is Russian, and Gox is based in the United States, not sure about bitstamp Title: Re: The reason volume is so low on Gox, BTCE and Bitstamp Post by: Enigma81 on January 19, 2014, 08:38:23 PM That would explain the (pretty significant) volume drop on Huobi, but why BTCe, Bitstamp, and Gox? Because those are Chinese traders too. and Gox is based in the United States Um. No. Thanks for playing, try again. Title: Re: The reason volume is so low on Gox, BTCE and Bitstamp Post by: MatTheCat on January 19, 2014, 08:44:05 PM That would explain the (pretty significant) volume drop on Huobi, but why BTCe, Bitstamp, and Gox? Huge volume on Huobi today.... ...lead today's global Bitcoin spike actually. Title: Re: The reason volume is so low on Gox, BTCE and Bitstamp Post by: Ducky1 on January 19, 2014, 08:44:49 PM BTCe is Russian, and Gox is based in the United States, not sure about bitstamp Yes, you certainly know your facts.. Title: Re: The reason volume is so low on Gox, BTCE and Bitstamp Post by: xephyr on January 19, 2014, 08:45:34 PM That would explain the (pretty significant) volume drop on Huobi, but why BTCe, Bitstamp, and Gox? Because those are Chinese traders too. BTCe is Russian, and Gox is based in the United States, not sure about bitstamp BTC-e is based in Bulgaria, not Russia. Both BTC-e and Bitstamp, based in Slovenia, are European exchanges. MtGox is based in Japan. Title: Re: The reason volume is so low on Gox, BTCE and Bitstamp Post by: knightcoin on January 19, 2014, 08:50:04 PM That would explain the (pretty significant) volume drop on Huobi, but why BTCe, Bitstamp, and Gox? Because those are Chinese traders too. and Gox is based in the United States Um. No. Thanks for playing, try again. crypto:: apparently my satellite receptor has strong signals from "National Kid" (60's tv show) ;D Title: Re: The reason volume is so low on Gox, BTCE and Bitstamp Post by: Kungfucheez on January 19, 2014, 09:08:33 PM That would explain the (pretty significant) volume drop on Huobi, but why BTCe, Bitstamp, and Gox? Because those are Chinese traders too. and Gox is based in the United States Um. No. Thanks for playing, try again. crypto:: apparently my satellite receptor has strong signals from "National Kid" (60's tv show) ;D Whoops haha Completely fucked that up, don't pay attnetion to me :D Title: Re: The reason volume is so low on Gox, BTCE and Bitstamp Post by: Tzupy on January 19, 2014, 09:11:33 PM The reason for the low volume on multiple exchanges is that there is little agreement on a price between buyers and sellers.
The markets almost run out of greater fools to buy at such high prices, but there aren't many sellers yet willing to sell at lower prices. So most of the players are waiting for a clear trend. IMO it's going to be down, but this is bitcoin, anything can happen. Title: Re: The reason volume is so low on Gox, BTCE and Bitstamp Post by: joshraban76 on January 19, 2014, 09:12:29 PM The reason for the low volume on multiple exchanges is that there is little agreement on a price between buyers and sellers. i happen to agree with this, but we will see after this upturn in the last half day.The markets almost run out of greater fools to buy at such high prices, but there aren't many sellers yet willing to sell at lower prices. So most of the players are waiting for a clear trend. IMO it's going to be down, but this is bitcoin, anything can happen. Title: Re: The reason volume is so low on Gox, BTCE and Bitstamp Post by: Chancellor on January 19, 2014, 09:12:38 PM Bitstamp, based in Slovenia To be precise, Bitstamp as a company is registered in United Kingdom, but indeed the operation base is in Slovenia, and owner + staff are from there. It also uses a Slovenian bank for accounting.Title: Re: The reason volume is so low on Gox, BTCE and Bitstamp Post by: joshraban76 on January 19, 2014, 09:16:21 PM Bitstamp, based in Slovenia To be precise, Bitstamp as a company is registered in United Kingdom, but indeed the operation base is in Slovenia, and owner + staff are from there. It also uses a Slovenian bank for accounting.Title: Re: The reason volume is so low on Gox, BTCE and Bitstamp Post by: Chancellor on January 19, 2014, 09:24:12 PM i do not understand why they continue to use a slovenian bank to store funds.... In fact UniCredit Slovenia is not really a Slovenian bank, it is a subsidiary of a large financial group governing different banks in Europe (Italy, Slovenia, Poland, Austria, Germany).Title: Re: The reason volume is so low on Gox, BTCE and Bitstamp Post by: knightcoin on January 19, 2014, 09:29:33 PM Bitstamp, based in Slovenia To be precise, Bitstamp as a company is registered in United Kingdom, but indeed the operation base is in Slovenia, and owner + staff are from there. It also uses a Slovenian bank for accounting.I like the name bitstamp, because of some unknown reason to me (even for myself/conscious mind) but it's reminds me "time stamp" ... and I am/was bit involved with NTP sync servers ... Title: Re: The reason volume is so low on Gox, BTCE and Bitstamp Post by: BitchicksHusband on January 20, 2014, 06:34:39 PM That would explain the (pretty significant) volume drop on Huobi, but why BTCe, Bitstamp, and Gox? Because those are Chinese traders too. BTCe is Russian, and Gox is based in the United States, not sure about bitstamp BTC-e is based in Bulgaria, not Russia. Both BTC-e and Bitstamp, based in Slovenia, are European exchanges. MtGox is based in Japan. The largest American exchange is CampBX, which has very low volume. Title: Re: The reason volume is so low on Gox, BTCE and Bitstamp Post by: kwoody on January 21, 2014, 05:18:00 PM coinbase is based in the US, don't know why it isn't listed as an exchange on places like bitcoinwatch
Title: Re: The reason volume is so low on Gox, BTCE and Bitstamp Post by: silverbox on January 21, 2014, 06:05:02 PM The reason for the low volume on multiple exchanges is that there is little agreement on a price between buyers and sellers. The markets almost run out of greater fools to buy at such high prices, but there aren't many sellers yet willing to sell at lower prices. So most of the players are waiting for a clear trend. IMO it's going to be down, but this is bitcoin, anything can happen. You don't understand.. Bitcoin is out there. It can't be bargained with. It can't be reasoned with. It doesn't feel pity, or remorse, or fear. And it absolutely will not stop, ever, until fiat is dead. You still don't get it, do you? Bitcoin will find fiat! That's what it does! That's ALL it does! You can't stop it! It'll wade through you, reach down fiats throat and pull fiats f'n heart out! Title: Re: The reason volume is so low on Gox, BTCE and Bitstamp Post by: Tzupy on January 21, 2014, 06:56:21 PM The reason for the low volume on multiple exchanges is that there is little agreement on a price between buyers and sellers. The markets almost run out of greater fools to buy at such high prices, but there aren't many sellers yet willing to sell at lower prices. So most of the players are waiting for a clear trend. IMO it's going to be down, but this is bitcoin, anything can happen. You don't understand.. Bitcoin is out there. It can't be bargained with. It can't be reasoned with. It doesn't feel pity, or remorse, or fear. And it absolutely will not stop, ever, until fiat is dead. You still don't get it, do you? Bitcoin will find fiat! That's what it does! That's ALL it does! You can't stop it! It'll wade through you, reach down fiats throat and pull fiats f'n heart out! You need professional help... |