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daburone (OP)
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June 02, 2013, 04:45:29 AM |
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Seems like nothing much is happening. The volume is way, way down on MtGox. Yesterday only 6,000 coins traded. The market is practically in a coma. What's needed to get the wheels turning again?
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The trust scores you see are subjective; they will change depending on who you have in your trust list. |
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Chet
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June 02, 2013, 04:50:40 AM |
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MtGox is not the best gauge these days.
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John (John K.)
Global Troll-buster and
Legendary
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Activity: 1288
Merit: 1225
Away on an extended break
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June 02, 2013, 04:51:38 AM |
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MtGox is not the best gauge these days.
+1. More and more sales are done privately, or simply traded with goods. |
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fcmatt
Legendary
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Activity: 2072
Merit: 1001
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June 02, 2013, 04:58:18 AM |
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MtGox is not the best gauge these days.
+1. More and more sales are done privately, or simply traded with goods. Maybe, but i cannot be the only one who completely stopped trading due to dwolla and gox not working. I am unsure how much liberty reserve mattered in the scheme of things. |
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daburone (OP)
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June 02, 2013, 05:07:14 AM |
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MtGox is not the best gauge these days.
What gauge do you use? |
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GenTarkin
Legendary
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Activity: 2450
Merit: 1002
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June 02, 2013, 05:36:53 AM |
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is there a good site that shows volume / trades / graphs of all bitcoin exchanges? I remember seeing one long ago but forgot what it was =P
Also, yea we need bitcoin to be quiet in volatility but... in terms of volume, it would be nice to have some massive volume w/ not much volatility - would reflect a massive demand in exchanging it - thus more widespread adoption.
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CasinoBit
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June 02, 2013, 05:39:50 AM |
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Seems like nothing much is happening. The volume is way, way down on MtGox. Yesterday only 6,000 coins traded. The market is practically in a coma. What's needed to get the wheels turning again?
People are trading less with MtGox after it got teabagged, surprise surprise... |
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pand70
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June 02, 2013, 06:26:29 AM |
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or simply traded with goods.
or not  |
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Chet
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June 02, 2013, 06:29:24 AM |
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You can't gauge the use of dollars by looking at Forex. As bitcoins are used in private transfers and goods purchase activity should be visible on the blockchain.
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The 4ner
aka newbitcoinqtuser
Hero Member
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Activity: 602
Merit: 500
R.I.P Silk Road 1.0
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June 02, 2013, 07:18:04 AM |
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If you're idle bitcoin is idle. Do your part to "start the wheel".
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bitcoinchecker
Full Member
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Activity: 182
Merit: 100
Provider of Bitcoin products and services
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June 02, 2013, 09:23:09 AM |
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I Love that site. Great stuff. |
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phatsphere
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June 02, 2013, 09:48:49 AM |
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20k dump, massive up and down swings, and that's on a sunday. what are you talking about?
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Sukrim
Legendary
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Activity: 2618
Merit: 1006
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June 02, 2013, 09:55:52 AM |
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Did you mean "Bitcoin trading became boring"?
Because Bitcoin is what happens outside of exchanges, not with the IOUs inside them!
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cosmicboy
Member
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Activity: 94
Merit: 10
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June 02, 2013, 05:45:11 PM |
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"I am unsure how much liberty reserve mattered in the scheme of things."
People that used Liberty Reserve and switched to bitcoin are for the most part not using Mt Gox. That is anyone involved in black market activities
-cb
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calian
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June 02, 2013, 05:53:35 PM |
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Historically boring times are the best times to be dollar cost averaging in.
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mprep
Global Moderator
Legendary
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Activity: 3766
Merit: 2610
In a world of peaches, don't ask for apple sauce
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June 02, 2013, 06:23:18 PM |
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I Love that site. Great stuff. Thanks for the link. It's like music to my soul. Dang, it feels relaxing.  |
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Elwar
Legendary
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Activity: 3598
Merit: 2384
Viva Ut Vivas
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June 02, 2013, 06:40:12 PM |
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I used to consistently pour my paychecks into bitcoin via MtGox every two weeks. I have yet to decide on my next exchange. I am sure many others have moved to other exchanges.
I am focussing on paying down a few credit cards while I figure out the best place to exchange my money.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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The 4ner
aka newbitcoinqtuser
Hero Member
Offline
Activity: 602
Merit: 500
R.I.P Silk Road 1.0
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June 03, 2013, 04:46:07 AM |
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I used to consistently pour my paychecks into bitcoin via MtGox every two weeks. I have yet to decide on my next exchange. I am sure many others have moved to other exchanges.
I am focussing on paying down a few credit cards while I figure out the best place to exchange my money.
Damn! Entire paychecks? Now that's what I call "having faith in bitcoin". I only purchase a single coin each paycheck, and save the rest, but if the paycheck is large enough I'll purchase two. |
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Zaih
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June 03, 2013, 07:16:45 AM |
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Well wasn't that a change of events |
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