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Almost 80% drop in volum on MtGox over the weekend
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Topic: Almost 80% drop in volum on MtGox over the weekend (Read 1071 times)
solidshotnosh
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Almost 80% drop in volum on MtGox over the weekend
April 29, 2013, 12:57:07 PM
#1
So I've been watching MtGox over the past two weeks, and it's been somewhat steady, but within a 5 day time period we went from a volume of 250k BTC to now 53k, with the lowest being 27k~ over the weekend.
Do you guys think it's speculative investors, or possibly some other bigger forces (Central Banks etc) trying to manipulate the market?
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epetroel
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Re: Almost 80% drop in volum on MtGox over the weekend
April 29, 2013, 12:58:29 PM
#2
I wouldn't read too much into it. Weekends can be pretty slow in general.
Koekiemonster
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Bitbuy.nl!
Re: Almost 80% drop in volum on MtGox over the weekend
April 29, 2013, 01:10:28 PM
#3
27k isn't really low volume. I think you haven't been around for very long.
For example may 2012 had 9 days with less volume:
https://www.bitbuy.nl
- Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
Bitcointalk topic over Bitbuy!
solidshotnosh
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Re: Almost 80% drop in volum on MtGox over the weekend
April 29, 2013, 01:18:50 PM
#4
Quote from: Koekiemonster on April 29, 2013, 01:10:28 PM
27k isn't really low volume. I think you haven't been around for very long.
For example may 2012 had 9 days with less volume:
I haven't, but I've been observing and reading before I really fully invest myself into bitcoin(monetarily and mentally)
dalamchops
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Re: Almost 80% drop in volum on MtGox over the weekend
April 29, 2013, 02:49:13 PM
#5
Quote from: AnonX on April 29, 2013, 02:36:20 PM
There is almost always lower volume during weekends. Even traders need breaks.
that and money cant come in..
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