Volume: Will Mt. Gox volume dip under 10k?

[420]

Maybe over the holidays

awful close now; xmas day.

Volume:11684 BTC 11:30PM PST

[Luno]

Maybe they'll have another 0 fee week to get trade going?

[420]

Maybe they'll have another 0 fee week to get trade going?

omygosh when was the last one?

[Luno]

Sorry, I think it was only a 50% discount last time in March this year. A 0 fee week
would up the volatility right away.

I think the lesson is that the harder coins are to mine, the less people want to part with them. what we need now it a big scam gone bust like pirate. Maybe the coming big pre order ponzi. Any kind of regulatory intervention would also smoke out the tax free and SR types of the market.

We'll just have to wait it out. No need to panic sell or panic buy. Besides this hasn't gone on for very long, remember $5.50? that took two months.

[notme]

Sorry, I think it was only a 50% discount last time in March this year. A 0 fee week
would up the volatility right away.

I think the lesson is that the harder coins are to mine, the less people want to part with them. what we need now it a big scam gone bust like pirate. Maybe the coming big pre order ponzi. Any kind of regulatory intervention would also smoke out the tax free and SR types of the market.

We'll just have to wait it out. No need to panic sell or panic buy. Besides this hasn't gone on for very long, remember $5.50? that took two months.

I would think a 0% fee should lower volatility.  It would definitely lower the spread.

[dree12]

Sorry, I think it was only a 50% discount last time in March this year. A 0 fee week
would up the volatility right away.

I think the lesson is that the harder coins are to mine, the less people want to part with them. what we need now it a big scam gone bust like pirate. Maybe the coming big pre order ponzi. Any kind of regulatory intervention would also smoke out the tax free and SR types of the market.

We'll just have to wait it out. No need to panic sell or panic buy. Besides this hasn't gone on for very long, remember $5.50? that took two months.

I would think a 0% fee should lower volatility.  It would definitely lower the spread.

Yeah, a 0% fee has the least volatility because the market is most efficient. Well, unless negative fees are discounted.

[notme]

Sorry, I think it was only a 50% discount last time in March this year. A 0 fee week
would up the volatility right away.

I think the lesson is that the harder coins are to mine, the less people want to part with them. what we need now it a big scam gone bust like pirate. Maybe the coming big pre order ponzi. Any kind of regulatory intervention would also smoke out the tax free and SR types of the market.

We'll just have to wait it out. No need to panic sell or panic buy. Besides this hasn't gone on for very long, remember $5.50? that took two months.

I would think a 0% fee should lower volatility.  It would definitely lower the spread.

Yeah, a 0% fee has the least volatility because the market is most efficient. Well, unless negative fees are discounted.

Negative fee would get you minimum spread and huge volume as people take the free money until the offer ends or they run out of funds to pay the traders.

[Luno]

Sorry, I think it was only a 50% discount last time in March this year. A 0 fee week
would up the volatility right away.

I think the lesson is that the harder coins are to mine, the less people want to part with them. what we need now it a big scam gone bust like pirate. Maybe the coming big pre order ponzi. Any kind of regulatory intervention would also smoke out the tax free and SR types of the market.

We'll just have to wait it out. No need to panic sell or panic buy. Besides this hasn't gone on for very long, remember $5.50? that took two months.

I would think a 0% fee should lower volatility.  It would definitely lower the spread.

True, lower spread, which makes more traders stay online as they can make money, which  will drive the size of bids and asks up, which will make the swings larger, which is pretty much the same as higher volatility.

The 50% discount last time sure got things going again.

People must be getting tired of eating cold turkey for two days now. The press don't have much to write about between Christmas and new year. Maybe that is the magic combination of media and general boredom we are waiting for?

[420]

A form of market manipulation

[notme]

Sorry, I think it was only a 50% discount last time in March this year. A 0 fee week
would up the volatility right away.

I think the lesson is that the harder coins are to mine, the less people want to part with them. what we need now it a big scam gone bust like pirate. Maybe the coming big pre order ponzi. Any kind of regulatory intervention would also smoke out the tax free and SR types of the market.

We'll just have to wait it out. No need to panic sell or panic buy. Besides this hasn't gone on for very long, remember $5.50? that took two months.

I would think a 0% fee should lower volatility.  It would definitely lower the spread.

True, lower spread, which makes more traders stay online as they can make money, which  will drive the size of bids and asks up, which will make the swings larger, which is pretty much the same as higher volatility.

The 50% discount last time sure got things going again.

People must be getting tired of eating cold turkey for two days now. The press don't have much to write about between Christmas and new year. Maybe that is the magic combination of media and general boredom we are waiting for?

I still don't see how larger orders on the books (greater liquidity, less slippage) increases volatility.  Higher volume may hasten an upcoming move, but the move should be more slow and steady with less slippage.

[420]

Anything's possible

Volume's back up

[Luno]

Sorry, I think it was only a 50% discount last time in March this year. A 0 fee week
would up the volatility right away.

I think the lesson is that the harder coins are to mine, the less people want to part with them. what we need now it a big scam gone bust like pirate. Maybe the coming big pre order ponzi. Any kind of regulatory intervention would also smoke out the tax free and SR types of the market.

We'll just have to wait it out. No need to panic sell or panic buy. Besides this hasn't gone on for very long, remember $5.50? that took two months.

I would think a 0% fee should lower volatility.  It would definitely lower the spread.

True, lower spread, which makes more traders stay online as they can make money, which  will drive the size of bids and asks up, which will make the swings larger, which is pretty much the same as higher volatility.

The 50% discount last time sure got things going again.

People must be getting tired of eating cold turkey for two days now. The press don't have much to write about between Christmas and new year. Maybe that is the magic combination of media and general boredom we are waiting for?

I still don't see how larger orders on the books (greater liquidity, less slippage) increases volatility.  Higher volume may hasten an upcoming move, but the move should be more slow and steady with less slippage.

Well orderbook orders and executed orders are often two different things. Also I'm not going to insist that I'm right, This was what I believe happened in March. So if you increase fee's, you get higher volatility? That can only be true up to a certain point where traders find other exchanges with lower fees. You don't either believe that volume in itself has a correlation with volatility?

[dree12]

Sorry, I think it was only a 50% discount last time in March this year. A 0 fee week
would up the volatility right away.

I think the lesson is that the harder coins are to mine, the less people want to part with them. what we need now it a big scam gone bust like pirate. Maybe the coming big pre order ponzi. Any kind of regulatory intervention would also smoke out the tax free and SR types of the market.

We'll just have to wait it out. No need to panic sell or panic buy. Besides this hasn't gone on for very long, remember $5.50? that took two months.

I would think a 0% fee should lower volatility.  It would definitely lower the spread.

True, lower spread, which makes more traders stay online as they can make money, which  will drive the size of bids and asks up, which will make the swings larger, which is pretty much the same as higher volatility.

The 50% discount last time sure got things going again.

People must be getting tired of eating cold turkey for two days now. The press don't have much to write about between Christmas and new year. Maybe that is the magic combination of media and general boredom we are waiting for?

I still don't see how larger orders on the books (greater liquidity, less slippage) increases volatility.  Higher volume may hasten an upcoming move, but the move should be more slow and steady with less slippage.

Well orderbook orders and executed orders are often two different things. Also I'm not going to insist that I'm right, This was what I believe happened in March. So if you increase fee's, you get higher volatility? That can only be true up to a certain point where traders find other exchanges with lower fees. You don't either believe that volume in itself has a correlation with volatility?

Indeed, but the causation is reversed. Volatility increases volume as traders come to capitalize on it, not the other way around.

[Luno]

O'kay i'm throwing myself in the dust your argument is consistent and yes, Volume is an effect and not a cause. But if I've got it all backward a make a consistent profit in my trading, I must be wrong on something else also or I would be loosing money. Wondering what that might be?

[malevolent]

I would say a sudden 0% trading fee will cause volatility, but in the long term with the permanent 0% fee the market will be more stable due to reasons already mentioned.

[420]

I would say a sudden 0% trading fee will cause volatility, but in the long term with the permanent 0% fee the market will be more stable due to reasons already mentioned.

yup

Anything can happen

[dree12]

O'kay i'm throwing myself in the dust your argument is consistent and yes, Volume is an effect and not a cause. But if I've got it all backward a make a consistent profit in my trading, I must be wrong on something else also or I would be loosing money. Wondering what that might be?

Unless you are buying options, it is very unlikely that predicting when volatility will be high is going to improve your profit. As for predicting volatility, it's even more difficult than predicting the price.

Also, two wrongs tend not to make a right. More often than not, getting something backwards and still profiting means that that something didn't matter, not that something else is also backwards.

[420]

Looks like another chance for <10k volume

[rastapool]

The lowest weekly volume this year:

[420]

The lowest weekly volume this year:
IMAGE

thanks. can't wait for january