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Author Topic: Where's the volume.  (Read 915 times)
OrangeGold
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March 08, 2014, 07:07:52 PM
 #1

I've been trading bit coins for a little over a year now, so I'm not paniced at the current value.

But I have noticed that today almost all exchanges of, not just bit coins, but of most crypto coins (alt coins) have almost no volume!

I'm just wondering if anything weird happened in the news to cause this, I haven't heard anything but I haven't had time to read any news today.

Thanks guys!
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Vitamin
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March 08, 2014, 07:13:35 PM
 #2

I was noticing that as well.  WTF is volume anyway?
OrangeGold
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March 08, 2014, 08:04:58 PM
 #3

Volume is the amount of unites being traded. So 9999999bitcoins per second being traded on the network would be VERY HIGH volume, where as 0.00001 bit coins per day being traded would be VERY LOW volume.
GigaCoin
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March 08, 2014, 08:07:59 PM
 #4

markets are exhausted, no new money.

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March 08, 2014, 10:01:39 PM
 #5

Gox set us back a ways.

1. Scoop cheap coins
2. Hodl
3. Profit

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