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Title: Where has all the volume gone? Post by: zkay on March 26, 2013, 10:33:54 PM What's up? Someone said in another thread, there are very few trades going on on gox right now. Any ideas why? With so much money on the bid side, it just seems weird.Are people waiting for the price to do something? Drop or rise?
Title: Re: Where has all the volume gone? Post by: niko on March 26, 2013, 10:41:05 PM What's up? Someone said in another thread, there are very few trades going on on gox right now. Any ideas why? With so much money on the bid side, it just seems weird.Are people waiting for the price to do something? Drop or rise? Have you looked at the volume before starting this thread? I am asking because it is out of touch with reality.Title: Re: Where has all the volume gone? Post by: zkay on March 26, 2013, 11:13:15 PM I sat staring at bitcoinity for twenty minutes earlier and saw maybe 10 trades come across, most tiny. Are people now actively trading?
Title: Re: Where has all the volume gone? Post by: zkay on March 26, 2013, 11:25:20 PM I sat staring at bitcoinity for twenty minutes earlier and saw maybe 10 trades come across, most tiny. Are people now actively trading? It would seem not, and it's a Tuesday. Code: 19.87 a few seconds ago 78.570 That's what I see at the moment. Mind you on any given day but a Sunday most of that page is "a few seconds ago" or "<2 minutes ago". Title: Re: Where has all the volume gone? Post by: seldon on March 26, 2013, 11:38:24 PM Have all been waiting for that "8 hours" countdown :)
Title: Re: Where has all the volume gone? Post by: lucif on March 27, 2013, 12:12:59 AM It is called consolidation. Or silence before storm. Often behavior
Title: Re: Where has all the volume gone? Post by: zkay on March 27, 2013, 12:20:02 AM It is called consolidation. Or silence before storm. Often behavior Ah, interesting. :) Title: Re: Where has all the volume gone? Post by: niko on March 27, 2013, 01:21:36 AM It is called imagination. Here are the past five days in 30-min chunks:
https://i.imgur.com/X8wA1x1.png There is nothing special going on today. Just the usual variance. Title: Re: Where has all the volume gone? Post by: oakpacific on March 27, 2013, 01:25:32 AM And not to forget you need $10k to make even a tiny 130 BTC order these days.
Title: Re: Where has all the volume gone? Post by: justusranvier on March 27, 2013, 01:32:05 AM Plenty of volume if you look at it correctly:
http://bitcoincharts.com/charts/mtgoxUSD#igWeeklyztgSzm1g10zm2g25zvzcvzl (http://bitcoincharts.com/charts/mtgoxUSD#igWeeklyztgSzm1g10zm2g25zvzcvzl) Title: Re: Where has all the volume gone? Post by: BTC Books on March 27, 2013, 02:06:47 AM Plenty of volume if you look at it correctly: http://bitcoincharts.com/charts/mtgoxUSD#igWeeklyztgSzm1g10zm2g25zvzcvzl (http://bitcoincharts.com/charts/mtgoxUSD#igWeeklyztgSzm1g10zm2g25zvzcvzl) That is a fearsome, massive and awe-inspiring graph. The weekly 'All Data' chart has always been my favorite. |
