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Author Topic: excuses for the low volume  (Read 1711 times)
vokain
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July 27, 2013, 08:11:49 AM
 #21

I think there are 3 reasons:
1 Whales waiting for new exchanges like Tradehill
2 Off-exchange trading with large volume not wanting to move the price
3 Exchanges distributing volume

i take it any high volume move up on an open orderbook will drastically increase purchase price

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Peter Lambert
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July 27, 2013, 01:11:28 PM
 #22

Mt. Gox volume isn't reliable. Try comparing total volume. This time last year, no exchange came close to Mt. Gox's volume. Now, Mt. Gox's USD market makes up a paltry 30% of all trades.
This

Sums it up quite nice, MTGox is losing its volume due to other exchanges erupting onto the scene. I believe this assumption for the "low volume" is based of a single piece of an entire pie.

No, MtGox is not losing volume to awesome new exchanges, MtGox keeps fucking up and they are losing their volume to anybody who can code the semblance of an orderbook and keep deposits and withdrawals flowing.

Use CoinBR to trade bitcoin stocks: CoinBR.com

The best place for betting with bitcoin: BitBet.us
myself
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July 28, 2013, 05:16:59 AM
 #23

today will be even more interesting day just to see the volume the over 2000 btc related business can make   Smiley so far 594 btc on gox and 157 on bitstamp and 38 btc-e

Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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July 28, 2013, 10:19:47 AM
 #24

I think it's because gox is holding alot of people's money (I think they are holding ALOT more withdraw's than they lead to believe on, it could even be in the hundreds of millions of USD at this point).

Secondly, I think that BTC is overvalued. I think that alot of people who bought during the bubble got burnt and are afraid of crypto-currencies in general now.

Lastly, I agree that alot of volume has moved off-exchange, for a variety of reasons.

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