why trading volume is so low now?

[Nrcewker]

BTC / USD

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 incredibly

what big event happened recently?

[pooya87]

it is not that low, and it is normal for this to happen because the price is somewhat stable.

you can check the history yourself, whenever price becomes stable like this, the daily trade volume drops because there are less trades happening.

[GreenCoin22]

no profits space, no trade

[Golftech]

it is not that low, and it is normal for this to happen because the price is somewhat stable.

you can check the history yourself, whenever price becomes stable like this, the daily trade volume drops because there are less trades happening.

thank you for explaining got the same question with OP but i'm still looking for some answer now i see some good one hope to see more inputs.

[Teraboy]

it is not that low, and it is normal for this to happen because the price is somewhat stable.

you can check the history yourself, whenever price becomes stable like this, the daily trade volume drops because there are less trades happening.

That's why, after I opening my desktop and visiting the market and the volume drastically drops but from your answer and know if the stability condition in this time is become a bad effect for traders. but for some coins, it's always getting a drop in their price. and how about that?

[Luke2939]

I think that because there is not much of triggers for any trades. It seems like price has stabilized and will be in a tight range. We can expect it to break out or break down based on new triggers. May be another hack news or some news related to world economy should do the trick. If anyone is planning to add some bitcoins to their portfolio, its seems like not a bad time to do so.

[Mieehayii]

flash crash will be arrived in next two weeks, be careful.

[Golftech]

flash crash will be arrived in next two weeks, be careful.

can you give me some ref to read and see how and why the price will crashed i just wanted to learn how to avoid big losses regarding inside btc trading, thanks in advance mate.

[rphk]

i believe it is volume is less that is the reason it looks like low , but it is not completely nil . people may be some vacation , or people may be waiting for some surge on bitcoin price . probably it may increase and hence volume may trigger to the higher level . hope price will up again with higher volume on trading. .

[n691309]

The price is pretty much like the last week and saying the truth the trading volume is based also when the traders are on vacation and they don't trade or at least don't leave they trading bots do it job because of the risk involved. When the price get ups and downs traders are highly to trade at this time because there is more potential profit.

[PsursV]

i think there is no significant reduction in the price of bitcoin, but it is effected a little. and the main reason is that the price is bitcoin remained stable for a long time therefore people are holding their bitcoin for price increase and not ready to sell bitcoin in such a low price.

[Pursuer]

whenever there is little change in price, there will always be little change in volume too because traders can not make profit in it especially those who are long.



the lower part of the chart is the volume bars, you can see the same thing happening in 22 Jul to 1 Aug now look at the price, it is stable.
you can go to http://bitcoincharts.com/ and change the dates and look at the volumes yourself it is always like this when the price fluctuation is smaller.

[Edwardard]

-snip-
what big event happened recently?

bitifinex, a big bitcoin exchange site, got hacked recently and many funds of the users were stolen. due to this, there was a big drop in the market price. the price went down as low as 530$ from 650$ or so but again bitcoin showed up its potential by slowly rising up again and now we are 570$+ which is a very good thing. but please note that bitcoin is very unpredictable so sometimes we cannot find out the reason behind the price drops. just my 2 cents!

flash crash will be arrived in next two weeks, be careful.

can you give me some ref to read and see how and why the price will crashed i just wanted to learn how to avoid big losses regarding inside btc trading, thanks in advance mate.

nobody can predict about the future price of bitcoin. so please dont listen to anybody in this matter. if anybody could predict the future price of btc then "trading" would not exist. lol.

[European Central Bank]

why bother risking an exchange when the market's totally dead? if there was some action then people would be pouring in. there'll be dollars and coins parked up waiting for a move if it ever arrives.

[Herbert2020]

-snip-
what big event happened recently?

bitifinex, a big bitcoin exchange site, got hacked recently and many funds of the users were stolen. due to this, there was a big drop in the market price. the price went down-snip-
just my 2 cents!

OP is asking about the low volume not lower price. and the lower volume is not because of the hack and not because of the price drop. and the reason is {as it was explained before} the stable price.

why bother risking an exchange when the market's totally dead? if there was some action then people would be pouring in. there'll be dollars and coins parked up waiting for a move if it ever arrives.

many are accumulating.
as they always do at the times like this when the price is stable and ready to go up.

also many are still day-trading.
although it is harder and smaller profit but it is still possible even with stable price because it is still going up and down.

[Cresciuanto]

Price is just the one hand

Another important hand is that Bitcoin heat is dissipated, since the Bitstamp and Bitfinex cause stolen/hacked occurred, anyone would still hold funds on exchanges?

to me bitfinex has not effected bitcoin too much. i think bitcoin is trading in its normal way, the volume is a little low no doubt but i think it is because that the price of bitcoin is so stable and there is no big fluctuation, therefore people are not ready to sell their bitcoin in such kind of situation. as it is expected that the price of bitcoin will cross the all time high price this time therefore no one is ready to sell bitcoin and they are holding bitcoin for the time when bitcoin will cross all time high price.

[philiveyjr]

From a trader's point of view, no one is looking into buying bitcoin atm and no one is looking to sell bitcoin at the moment since there is no good or bad news and hard to guess the price of bitcoin in the future.

[harizen]

BTC / USD

 BTC-e  574.30 USD +4.38
 3,907.61 BTC

 Coinbase Exchange  575.99 USD +5.38
 2,816.82 BTC

 Bitfinex  577.21 USD +7.46
 1,929.64 BTC

 Bitstamp  574.00 USD +6.68
 682,139.80 USD
 
 itBit  574.32 USD +5.34
 975.51 XBT
 
 OKCoin  573.93 USD +6.39
 989.44 BTC

 Huobi  565.64 USD +4.46
 709.50 BTC

 LakeBTC  576.44 USD +2.71
 742.68 BTC

 CEX.IO  591.74 USD-0.57
 696.97 BTC

 incredibly

what big event happened recently?

It's not surprising honestly. The average volume for weekly basis duration is just usual.

Hope for some big trend starters and soon you will have your desired volume change even for a higher percentage.

[PacePay]

People want the price to rise after that they will spend money into it, but they do not know that until they do not put their money into there the price will remain the same as it is, so we people will have to take the start and have to invest as much as possible with that the price will start to increase and we will sell that bought bitcoins at higher price.

[bestluck]

People want the price to rise after that they will spend money into it, but they do not know that until they do not put their money into there the price will remain the same as it is, so we people will have to take the start and have to invest as much as possible with that the price will start to increase and we will sell that bought bitcoins at higher price.

You are right, we should have to invest in bitcoin or we should have to invite all other people to invest in this currency with that the price will start to increase and people will once again start to buy more and the volume will increase.