Volume is way low again, people waiting for a new exchange?

stic.man (OP)

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Volume is way low again, people waiting for a new exchange?

June 28, 2011, 11:21:53 AM

Seems like people really are pulling out of mt gox. Obviously noone takes tradehill very seriously. Very intrigued by the possibility of the new American exchange and I think a lot of others are too. I really thought gox would simply go back to blowing up in activity.

Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.

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Klestin

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Re: Volume is way low again, people waiting for a new exchange?

June 28, 2011, 01:10:39 PM

Quote from: stic.man on June 28, 2011, 11:21:53 AM

Obviously noone takes tradehill very seriously.

What do you base this on? Tradehill doesn't have the top volume (Mt.Gox still has that), but it is solidly in the #2 spot. Clearly someone is taking them seriously.

fassadlr

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Re: Volume is way low again, people waiting for a new exchange?

June 28, 2011, 01:26:14 PM

Quote from: Klestin on June 28, 2011, 01:10:39 PM

Quote from: stic.man on June 28, 2011, 11:21:53 AM

Obviously noone takes tradehill very seriously.

What do you base this on? Tradehill doesn't have the top volume (Mt.Gox still has that), but it is solidly in the #2 spot. Clearly someone is taking them seriously.

I was going to say the same thing. From what I can gather, people ARE taking TH seriously due to increased volume and trading on their site.

Yankee (BitInstant)

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Re: Volume is way low again, people waiting for a new exchange?

June 28, 2011, 01:43:23 PM

Quote from: fassadlr on June 28, 2011, 01:26:14 PM

Quote from: Klestin on June 28, 2011, 01:10:39 PM

Quote from: stic.man on June 28, 2011, 11:21:53 AM

Obviously noone takes tradehill very seriously.

What do you base this on? Tradehill doesn't have the top volume (Mt.Gox still has that), but it is solidly in the #2 spot. Clearly someone is taking them seriously.

I was going to say the same thing. From what I can gather, people ARE taking TH seriously due to increased volume and trading on their site.

ya I agree with above ^

TradeHill has had RECORD BREAKING volume in the past few weeks, I think 2 major exchanges right now is a good a balance. if Bitcoin7 gets some traction, maybe them as well.

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DamienBlack

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Re: Volume is way low again, people waiting for a new exchange?

June 28, 2011, 02:03:10 PM

Tradehill seems like a downgrade to me. It has fewer options and less convenient displays. CampBX looks really promising (and they are opening in a few days). And they actually have features I really wish mt gox had, like fill-or-kill.

The new "delay" at mt gox is killing me. Really moving in the wrong direction there.

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Re: Volume is way low again, people waiting for a new exchange?

June 28, 2011, 02:16:02 PM

Quote from: DamienBlack on June 28, 2011, 02:03:10 PM

ya that delay in gox is annoying. I've been trading on tradehill but looking forward to trying out campbx

I know tradehill has a lot fo new features and things their working on.

Its safe to say that its all up in the air!

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killer2021

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Re: Volume is way low again, people waiting for a new exchange?

June 28, 2011, 02:25:42 PM

volume is low because price is stable with no large price movements.

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compro01

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Re: Volume is way low again, people waiting for a new exchange?

June 28, 2011, 02:35:43 PM

Quote from: Klestin on June 28, 2011, 01:10:39 PM

Quote from: stic.man on June 28, 2011, 11:21:53 AM

Obviously noone takes tradehill very seriously.

What do you base this on? Tradehill doesn't have the top volume (Mt.Gox still has that), but it is solidly in the #2 spot. Clearly someone is taking them seriously.

yes, but that #2 position is not a close 2nd, but with 1/6th the volume.

granted, it is growing, but it's not a major force yet really.

all other exchanges combined are about 1/3rd the volume of mtgox.

Vinnie

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Re: Volume is way low again, people waiting for a new exchange?

June 28, 2011, 02:51:38 PM

Quote from: killer2021 on June 28, 2011, 02:25:42 PM

volume is low because price is stable with no large price movements.

Maybe all the newbie speculators bailed, too? I'm rather enjoying this stable price, especially since I'm buying and selling goods and services instead of day trading.

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