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Title: Almost 80% drop in volum on MtGox over the weekend Post by: solidshotnosh on April 29, 2013, 12:57:07 PM So I've been watching MtGox over the past two weeks, and it's been somewhat steady, but within a 5 day time period we went from a volume of 250k BTC to now 53k, with the lowest being 27k~ over the weekend.
Do you guys think it's speculative investors, or possibly some other bigger forces (Central Banks etc) trying to manipulate the market? Title: Re: Almost 80% drop in volum on MtGox over the weekend Post by: epetroel on April 29, 2013, 12:58:29 PM I wouldn't read too much into it. Weekends can be pretty slow in general.
Title: Re: Almost 80% drop in volum on MtGox over the weekend Post by: Koekiemonster on April 29, 2013, 01:10:28 PM 27k isn't really low volume. I think you haven't been around for very long.
For example may 2012 had 9 days with less volume: http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=30&i=Daily&c=1&s=2012-05-01&e=2012-05-31&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0& Title: Re: Almost 80% drop in volum on MtGox over the weekend Post by: solidshotnosh on April 29, 2013, 01:18:50 PM 27k isn't really low volume. I think you haven't been around for very long. For example may 2012 had 9 days with less volume: http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=30&i=Daily&c=1&s=2012-05-01&e=2012-05-31&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0& I haven't, but I've been observing and reading before I really fully invest myself into bitcoin(monetarily and mentally) Title: Re: Almost 80% drop in volum on MtGox over the weekend Post by: dalamchops on April 29, 2013, 02:49:13 PM There is almost always lower volume during weekends. Even traders need breaks. that and money cant come in.. |
