adamstgBit
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September 17, 2013, 04:52:49 PM |
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Would I be correct in assuming: one cause could be all the liquid coins are not trading because they are being taken up by strong hands, and the supply is also distributing to a smaller minority as difficulty increases. (So we could see a potential bubble?) Or would I be better served by assuming that the volume is so low because there is very little new demand at the current price. (so we could see a correction?) the demand is at least the same and probably growing, Volume is more and more spread out across exchanges and there is a lot more economic activity same demand, less and less selling at X price, price goes up!  |
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Adrian-x
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September 17, 2013, 04:57:46 PM |
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the demand is at least the same and probably growing, Volume is more and more spread out across exchanges and there is a lot more economic activity same demand, less and less selling at X price, price goes up! The volume across the bigger exchanges is low when you look at this: http://data.bitcoinity.org/ |
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MAbtc
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September 17, 2013, 04:58:41 PM |
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there is a lot more economic activity
I don't really see that. And spread of market share among exchanges aside, what about the actual volume of BTC being traded? |
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Adrian-x
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September 17, 2013, 05:06:18 PM |
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what about the actual volume of BTC being traded?
Looking at http://data.bitcoinity.org/ the last time volume was this low was in April of 2011 just before the big bubble. |
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oda.krell
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September 17, 2013, 05:16:32 PM |
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+1 Also, A/D is a tricky beast. On mtgox, it continued to go up all the way from April to July, and only started falling (!) right before the July reversal. Since then, it mostly flatlined, with a slight downward tendency, while price went from 70 to 140. On bitstamp, on the other hand, it has been going up almost without interruption ever since July. I simply don't see how an unfiltered reading of A/D is helpful at the moment... gox fiat problems might have to do with that divergence. |
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prophetx
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he who has the gold makes the rules
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September 17, 2013, 05:18:45 PM |
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has anyone else noticed the 1 btc bid at$136ish that temporarily pops on bitstamp every half hour or so... what's up with that
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MoreFun
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WePower.red
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September 17, 2013, 05:24:07 PM |
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has anyone else noticed the 1 btc bid at$136ish that temporarily pops on bitstamp every half hour or so... what's up with that
This is going on for more than a week now. |
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Adrian-x
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September 17, 2013, 08:56:16 PM |
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OK I figured it out, (why it's so quiet around here)
I think Bitcoin Land is full of students? (And classes are now in full swing.)
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The Goat Master
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September 17, 2013, 08:59:42 PM |
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OK I figured it out, (why it's so quiet around here)
I think Bitcoin Land is full of students? (And classes are now in full swing.)
Haha! Good point. |
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World
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September 17, 2013, 09:32:09 PM |
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what about the actual volume of BTC being traded?
Looking at http://data.bitcoinity.org/ the last time volume was this low was in April of 2011 just before the big bubble. Nice charts looks cool thx |
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SheHadMANHands
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September 17, 2013, 09:51:08 PM |
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Holding my bitcoin, because we are about to bust through $140 (to $152).  |
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prophetx
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he who has the gold makes the rules
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September 17, 2013, 10:29:39 PM |
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fack its like the night before christmas .... btw not sure if you guys have seen this yet, pretty cool, would be awesome for anyone selling biofuel or dispensing moonshine? Bitcoin Fluid Dispenser https://www.youtube.com/watch?v=YGBZxWOwkh4 |
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adamstgBit
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September 17, 2013, 10:50:47 PM |
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VolanicEruptor
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September 17, 2013, 11:17:59 PM |
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 tip me for this post, thanks 1B9UvPJvG5d72t5yfduZt7fXCqdAS82UVD |
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notme
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September 18, 2013, 12:32:23 AM |
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Holding my bitcoin, because we are about to bust through $140 (to $152). Good luck with that. |
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ElectricMucus
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Marketing manager - GO MP
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September 18, 2013, 01:03:00 AM |
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fack its like the night before christmas .... btw not sure if you guys have seen this yet, pretty cool, would be awesome for anyone selling biofuel or dispensing moonshine? Bitcoin Fluid Dispenser https://www.youtube.com/watch?v=YGBZxWOwkh4Yeah I have seen it and laughed at the punchline a few times. |
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Richy_T
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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September 18, 2013, 03:40:26 AM |
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fack its like the night before christmas .... btw not sure if you guys have seen this yet, pretty cool, would be awesome for anyone selling biofuel or dispensing moonshine? Bitcoin Fluid Dispenser https://www.youtube.com/watch?v=YGBZxWOwkh4Yeah I have seen it and laughed at the punchline a few times. The bit at the beginning where he's listing all the fluids reminds me on an SNL skit. |
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Spaceman_Spiff
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₪``Campaign Manager´´₪
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September 18, 2013, 04:43:17 AM |
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I kinda feel like this is a key moment in the market. We might break and retest the lows, or just blast higher.
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Adrian-x
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September 18, 2013, 04:52:23 AM |
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I kinda feel like this is a key moment in the market. We might break and retest the lows, or just blast higher.
He says as the tumble weed blows past the empty saloon. and where oh where have all the wall watchers gone, plays in the background. |
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Spaceman_Spiff
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₪``Campaign Manager´´₪
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September 18, 2013, 04:55:27 AM |
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I kinda feel like this is a key moment in the market. We might break and retest the lows, or just blast higher.
He says as the tumble weed blows past the empty saloon. and where oh where have all the wall watchers gone, plays in the background. Yeah, this place has gone quiet. |
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