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Author Topic: All-time-high volume  (Read 1264 times)
jl2012
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January 25, 2013, 03:20:48 AM
 #1

Just some of you may not realize, we have broken the all-time-high volume in USD at the gox USD market yesterday. It was $3.053M and also the only trading day >$3M

It was always the third trading day with >$2.5M. The first one was 2.859M on 8 Jun 2011, during the first bubble. The second one was 2.93M on 17/08/2012, after pirate default

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goldlyre
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January 25, 2013, 03:29:10 AM
 #2

Hao!!!

                               
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dree12
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January 25, 2013, 03:30:09 AM
 #3

https://bitcointalk.org/index.php?topic=138682.0
jl2012
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January 25, 2013, 03:33:49 AM
 #4


Thanks but it was only 2.9M at that moment

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goldlyre
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January 25, 2013, 03:34:49 AM
 #5

So what?

                               
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goldlyre
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January 25, 2013, 03:38:49 AM
 #6

All time high volume means all time high price shortly? Shocked

                               
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adamstgBit
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January 25, 2013, 03:42:57 AM
 #7

All time high volume means all time high price shortly? Shocked

it signals a down trend coming up

proudhon
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January 25, 2013, 03:44:20 AM
 #8

All time high volume means all time high price shortly? Shocked

Um, no.  Go ahead and look at the all time price/volume history on bitcoin charts.  All the major volume peaks are followed by crashes, then long periods of correction, followed by stagnation.  So, you know, yay!
jl2012
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January 25, 2013, 03:49:54 AM
 #9

All time high volume means all time high price shortly? Shocked

Um, no.  Go ahead and look at the all time price/volume history on bitcoin charts.  All the major volume peaks are followed by crashes, then long periods of correction, followed by stagnation.  So, you know, yay!

The crash is done. That's good if there is a stagnation at 15-16 level, so I can accumulate more

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adamstgBit
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January 25, 2013, 03:52:56 AM
 #10

All time high volume means all time high price shortly? Shocked

Um, no.  Go ahead and look at the all time price/volume history on bitcoin charts.  All the major volume peaks are followed by crashes, then long periods of correction, followed by stagnation.  So, you know, yay!

That's good if there is a stagnation at 15-16 level, so I can accumulate more

you can accumulate with everyone else when it stagnates at the bottom, likely bellow 10$

it shouldn't be to hard to spot the stagnation period....

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January 25, 2013, 03:54:27 AM
 #11

How dare some evil players to dump their stocks viciously when I's sound asleep! It's not a fair play!

                               
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proudhon
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January 25, 2013, 04:04:38 AM
 #12

All time high volume means all time high price shortly? Shocked

Um, no.  Go ahead and look at the all time price/volume history on bitcoin charts.  All the major volume peaks are followed by crashes, then long periods of correction, followed by stagnation.  So, you know, yay!

The crash is done. That's good if there is a stagnation at 15-16 level, so I can accumulate more

You're forgetting the correction part, before the stagnation.  We're likely headed much lower than this.  The crash is just the beginning.  It's the big boys setting the trend.  Now everyone else is going to start unloading, and this will probably go on for months.  I don't know if Adam is joking around, but we probably will go below $10.
jl2012
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January 25, 2013, 04:09:25 AM
 #13

All time high volume means all time high price shortly? Shocked

Um, no.  Go ahead and look at the all time price/volume history on bitcoin charts.  All the major volume peaks are followed by crashes, then long periods of correction, followed by stagnation.  So, you know, yay!

The crash is done. That's good if there is a stagnation at 15-16 level, so I can accumulate more

You're forgetting the correction part, before the stagnation.  We're likely headed much lower than this.  The crash is just the beginning.  It's the big boys setting the trend.  Now everyone else is going to start unloading, and this will probably go on for months.  I don't know if Adam is joking around, but we probably will go below $10.

That was only a single crash after pirate default, no further correction.

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adamstgBit
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January 25, 2013, 04:10:34 AM
 #14

All time high volume means all time high price shortly? Shocked

Um, no.  Go ahead and look at the all time price/volume history on bitcoin charts.  All the major volume peaks are followed by crashes, then long periods of correction, followed by stagnation.  So, you know, yay!

The crash is done. That's good if there is a stagnation at 15-16 level, so I can accumulate more

You're forgetting the correction part, before the stagnation.  We're likely headed much lower than this.  The crash is just the beginning.  It's the big boys setting the trend.  Now everyone else is going to start unloading, and this will probably go on for months.  I don't know if Adam is joking around, but we probably will go below $10.

I've been getting ready for this for a while, the bubble had me side tracked for a bit...

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January 25, 2013, 04:25:10 AM
 #15

All time high volume means all time high price shortly? Shocked

Um, no.  Go ahead and look at the all time price/volume history on bitcoin charts.  All the major volume peaks are followed by crashes, then long periods of correction, followed by stagnation.  So, you know, yay!

The crash is done. That's good if there is a stagnation at 15-16 level, so I can accumulate more

You're forgetting the correction part, before the stagnation.  We're likely headed much lower than this.  The crash is just the beginning.  It's the big boys setting the trend.  Now everyone else is going to start unloading, and this will probably go on for months.  I don't know if Adam is joking around, but we probably will go below $10.

I've not seen you for a while proudhon.  Probably just missed you is all I suppose.  It'll be interesting to note whether you are still a reliable contra-indicator.

One person who will not 'start unloading' is me.

Going below $10 would be fine.  Even much lower would also to give newer users a better chance to get in...if they would take it...like some of us did at the correction to $2-ish.


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