The reason volume is so low on Gox, BTCE and Bitstamp

[HairyMaclairy]

Because China is already on holiday.




Come back in two weeks guys.

[Apostata]

That would explain the (pretty significant) volume drop on Huobi, but why BTCe, Bitstamp, and Gox?

[pand70]

Anyone else worries about what will happen after the Chinese new year 

[Apostata]

Anyone else worries about what will happen after the Chinese new year 

Wouldn't it make sense to protect your investment by exploring every possible threat or opportunity?  All those in denial may just want to do themselves a favour and listen to every opinion to at the very least educate themselves. 

If you have learned everything you possibly can about the situation in China, including what's happening with the volume at Huobi and researched the background of the owner of what is currently the largest exchange in the world, and conclude that this situation is not a threat to bitcoin short term, that more power to you. 

[HairyMaclairy]

That would explain the (pretty significant) volume drop on Huobi, but why BTCe, Bitstamp, and Gox?

Because those are Chinese traders too. 

[Kungfucheez]

That would explain the (pretty significant) volume drop on Huobi, but why BTCe, Bitstamp, and Gox?

Because those are Chinese traders too. 

BTCe is Russian, and Gox is based in the United States, not sure about bitstamp

[Enigma81]

That would explain the (pretty significant) volume drop on Huobi, but why BTCe, Bitstamp, and Gox?

Because those are Chinese traders too. 

and Gox is based in the United States

Um.  No.  Thanks for playing, try again.

[MatTheCat]

That would explain the (pretty significant) volume drop on Huobi, but why BTCe, Bitstamp, and Gox?

Huge volume on Huobi today....

...lead today's global Bitcoin spike actually.

[Ducky1]

BTCe is Russian, and Gox is based in the United States, not sure about bitstamp

Yes, you certainly know your facts..

[xephyr]

That would explain the (pretty significant) volume drop on Huobi, but why BTCe, Bitstamp, and Gox?

Because those are Chinese traders too. 

BTCe is Russian, and Gox is based in the United States, not sure about bitstamp

BTC-e is based in Bulgaria, not Russia. Both BTC-e and Bitstamp, based in Slovenia, are European exchanges. MtGox is based in Japan.

[knightcoin]

That would explain the (pretty significant) volume drop on Huobi, but why BTCe, Bitstamp, and Gox?

Because those are Chinese traders too. 

and Gox is based in the United States

Um.  No.  Thanks for playing, try again.

crypto::
apparently my satellite receptor has strong signals from "National Kid" (60's tv show)

[Kungfucheez]

That would explain the (pretty significant) volume drop on Huobi, but why BTCe, Bitstamp, and Gox?

Because those are Chinese traders too. 

and Gox is based in the United States

Um.  No.  Thanks for playing, try again.

crypto::
apparently my satellite receptor has strong signals from "National Kid" (60's tv show)

Whoops haha

Completely fucked that up, don't pay attnetion to me 

[Tzupy]

The reason for the low volume on multiple exchanges is that there is little agreement on a price between buyers and sellers.
The markets almost run out of greater fools to buy at such high prices, but there aren't many sellers yet willing to sell at lower prices.
So most of the players are waiting for a clear trend. IMO it's going to be down, but this is bitcoin, anything can happen.

[joshraban76]

The reason for the low volume on multiple exchanges is that there is little agreement on a price between buyers and sellers.
The markets almost run out of greater fools to buy at such high prices, but there aren't many sellers yet willing to sell at lower prices.
So most of the players are waiting for a clear trend. IMO it's going to be down, but this is bitcoin, anything can happen.

i happen to agree with this, but we will see after this upturn in the last half day.

[Chancellor]

Bitstamp, based in Slovenia

To be precise, Bitstamp as a company is registered in United Kingdom, but indeed the operation base is in Slovenia, and owner + staff are from there. It also uses a Slovenian bank for accounting.

[joshraban76]

Bitstamp, based in Slovenia

To be precise, Bitstamp as a company is registered in United Kingdom, but indeed the operation base is in Slovenia, and owner + staff are from there. It also uses a Slovenian bank for accounting.

i do not understand why they continue to use a slovenian bank to store funds....

[Chancellor]

i do not understand why they continue to use a slovenian bank to store funds....

In fact UniCredit Slovenia is not really a Slovenian bank, it is a subsidiary of a large financial group governing different banks in Europe (Italy, Slovenia, Poland, Austria, Germany).

[knightcoin]

Bitstamp, based in Slovenia

To be precise, Bitstamp as a company is registered in United Kingdom, but indeed the operation base is in Slovenia, and owner + staff are from there. It also uses a Slovenian bank for accounting.

I like the name bitstamp, because of some unknown reason to me (even for myself/conscious mind)
but it's reminds me "time stamp" ...

and I am/was bit involved with NTP sync servers ...

[BitchicksHusband]

That would explain the (pretty significant) volume drop on Huobi, but why BTCe, Bitstamp, and Gox?

Because those are Chinese traders too. 

BTCe is Russian, and Gox is based in the United States, not sure about bitstamp

BTC-e is based in Bulgaria, not Russia. Both BTC-e and Bitstamp, based in Slovenia, are European exchanges. MtGox is based in Japan.

The largest American exchange is CampBX, which has very low volume.

[kwoody]

coinbase is based in the US, don't know why it isn't listed as an exchange on places like bitcoinwatch