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Author Topic: The reason volume is so low on Gox, BTCE and Bitstamp  (Read 2355 times)
silverbox
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January 21, 2014, 06:05:02 PM
 #21

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!
Tzupy
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January 21, 2014, 06:56:21 PM
 #22

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...

Sometimes, if it looks too bullish, it's actually bearish
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