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Author Topic: When does trading happen the most?  (Read 968 times)
mute20
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September 07, 2011, 11:26:02 PM
 #1

I would assume noon-5 est is where the majority of when coins are trader ,but does anyone know? Is it more price based so if big swings one way cause most of the movement in coins?
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September 08, 2011, 01:20:06 AM
 #2

I have noticed most around 2-3 PM EDT.

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September 08, 2011, 03:32:56 AM
 #3

When we have a hack or bad news or something like Bruce Wagner's secrets unveiled.

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julz
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September 08, 2011, 04:59:04 AM
 #4

I'd just like to throw in a brief plea here for people to use UTC when talking about times for bitcoin.

It's a global medium - people in these forums are from all over.   EST,EDT etc don't mean jack to most people.
(And are in fact ambiguous as for example EST is used here in Australia and I suspect more than one other country - they are obviously not the same timezone.)

UTC is a reference point we can all work from.


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Valalvax
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September 08, 2011, 11:11:25 AM
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EST generally means Eastern Standard, most likely due to the fact that its the first timezone here i the states/it's New York's timezone (rather, who it's used for so much stuff here in the states)
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September 08, 2011, 11:14:50 AM
 #6

EST generally means Eastern Standard, most likely due to the fact that its the first timezone here i the states/it's New York's timezone (rather, who it's used for so much stuff here in the states)

You are aware that the vast majority of the world does not live in the states and does not care what you call your timezones?

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September 08, 2011, 12:07:11 PM
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theres a world outside the USA?  Grin
ovidiusoft
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September 08, 2011, 12:14:37 PM
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theres a world outside the USA?  Grin

Nope. "We're all living in Amerika" Cheesy http://www.youtube.com/watch?v=CheymxgfHUw
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September 08, 2011, 12:56:56 PM
 #9

EST generally means Eastern Standard, most likely due to the fact that its the first timezone here i the states/it's New York's timezone (rather, who it's used for so much stuff here in the states)

Yes - our country has an East too.. we sometimes even have standards..  also clocks!   
EST is Eastern Standard Time here too.
Our largest city Sydney uses it - and also our capital city Canberra plus Melbourne, Brisbane and other population centres.
Being the 'east' it's the first timezone here too (how about that!)
It's also used for 'so much stuff' here.


So.. the upshot is - You don't want to hear times quoted in our EST - we don't want to hear times in your EST.
These sorts of abbreviations are parochial and ambiguous in a forum like this.

UTC is a global reference point. 





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