Where's the volume!!???

[bananas]

All volume is moving to next generation coins. Expect the price of btc to plummet soon.

is there such thing?

[Dalmar]

Bollinger Bands are contracting due to low volume, expecting a spike up or down in the next couple of days. Since the spike up hasn't been reinforced by much buying interest I am expecting down.

[jonald_fyookball]

Bollinger Bands are contracting due to low volume, expecting a spike up or down in the next couple of days. Since the spike up hasn't been reinforced by much buying interest I am expecting down.

Low volume doesn't necessarily mean low volatility, although appears right now we have both.  Low volatility leads to high volatility as price eventually breaks out to one side or the other.

[jonald_fyookball]

All volume is moving to next generation coins. Expect the price of btc to plummet soon.

I doubt it.  Bitcoin still owns most of the market cap of all the cryptos.  If anything, a lot of this shitcoin fad will probably die soon.  Read this:  https://bitcointalk.org/index.php?topic=516835.0;topicseen

[Fuddlynn]

I'm sure the "oh well, you were stupid enough to trust an exchange so you deserve to loose your money, now on with bitcoin for those of us that didn't loose our btc" atitude has something to do with a major segment of would-be BTC promoters keeping quite and moving on with their lives.

That would be fine for a mature BTC economy but anyone that thinks that is where BTC is yet has more learning to do than those that lost their money on MtGox.

[dynodog]

I'm sure the "oh well, you were stupid enough to trust an exchange so you deserve to loose your money, now on with bitcoin for those of us that didn't loose our btc" atitude has something to do with a major segment of would-be BTC promoters keeping quite and moving on with their lives.

That would be fine for a mature BTC economy but anyone that thinks that is where BTC is yet has more learning to do than those that lost their money on MtGox.

Right, the "don't keep your money on an exchange" mantra may likely hurt the price because without money on exchanges people are not buying.  Eventually the miners who need to sell to cover their massive overheads will need to sell. 

My guess is the major miners have silently agreed that they would hold their bitcoin for a while after the gox debacle so that there wouldn't be excessive sell pressure driving the price down. 

No question that a very reliable and safe exchange must be created on US soil for new players to feel confident enough to entrust money with exchanges for buying bitcoin.

[ns12123]

Here you go...


http://thumbs.dreamstime.com/x/volume-button-knob-metal-chrome-texture-24996461.jpg


Pump it up!!!

hahahha nice one

[yenom]

Volume looks as healthy as ever to me:

https://blockchain.info/charts/n-transactions-excluding-popular


sorry, were you talking about something else? Maybe something that belongs in another sub-forum?

I quite like this version
https://blockchain.info/charts/n-transactions-excluding-popular?timespan=2year&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

[TopherB]

I'm not surprised at all this has happened, what I am surprised is actually how stable the Bitcoin price still is.

The MtGox event scared the 'dumb money' out of the speculation game. That's where the bulk of the volatility comes from: dumb money and those chasing it. I think most people are currently in a wait and see mentality. Looking to see how the Governments and the entrepreneurs respond.
Or maybe that's just me. 

[cdog]

Gox def scared off a lot of people, but when BTC cracks $1000 peoples lizard brains will take over and we will see big volume again. Maybe not till September/October, but it will happen.

[freedombit]

Bitcoin has an opportunity to shine should the community track down the "lost" coin and return it to the users.

If MtGox stole it, prove it.
If someone stole it from MtGox, prove it.

[sanjoea]

Anything can happen, in cryptocurrency world

[Allen A]

MTGox did it?

[mysidia]

If MtGox stole it, prove it.
If someone stole it from MtGox, prove it.

Only if MtGox can be compelled to cooperate by publishing a complete list of all current and past MtGox wallet ids and public keys including hot storage, cold storage, any deposit addresses, etc.

Together with a trading history  Buy/Sell   X amount of BTC for Y amount of currency for each user,  grouped with all  external wallet addresses  transfers made to each user.


Without that kind of info; it's just a guessing game.
Only the insiders really know which wallet addresses are Gox's.

As for bugs in Gox's system.... you can't tell if a certain BTC withdrawl should be legitimate (or stealing), without establishing balance -- and only  deposit/withdraw and trading history   for a user corresponding to each external BTC address   can do so.

[BitCoinDream]

Anything can happen, in cryptocurrency world

Anything can happen, in real world

[El Dude]

All volume is moving to next generation coins. Expect the price of btc to plummet soon.

a hero member that says the stupidest shit  , volume is all in ltc and btc right now.

[zerk89]

Miners are not going to see a ROI, they hold whatever they are mining, this creates huge artificial scarcity. Over the next few months this will intensify to a point where it creates an environment for the next bubble. After a peak miners dump, however the news of this spike brings in lots of new money. We have Wall street coming on board in June/July, exact same point of time where miners artificial scarcity will be at its highest.

[bananas]

Over the next few months this will intensify to a point where it creates an environment for the next bubble. After a peak miners dump, however the news of this spike brings in lots of new money. We have Wall street coming on board in June/July, exact same point of time where miners artificial scarcity will be at its highest.

You mean second market?