Trading volume on poloniex is extremely low. Bittrex has a little more volume but still low. Cryptsy has always had low white coin volume.
Mintpal needs to reopen for the market to be considered open, 90% of white coin trading happens there.
Mintpal is where almost all WC is traded. Cryptsy takes a long time to process deposits.
That said, even though other markets are now taking deposits there will be a delay with any movement based on reactions to any shifts in coin supply.
Also Mintpal is having server wide issues. Going to be a while before WC opens for deposits and Withdrawls.
One thing I am sure of, people will only be depositing into Mintpal. So supply will surge.
I can't think of any reason why anyone would withdrawl based on the potential volatility we are about to see.
Im not so sure about the dive every one is predicting. The panic is finnished. Almost everyone have bought at price greater than it is now. The only way people will sell is if they don t believe mongozo's story. I, for one, didn t believed it this we but i didn t sell any WC. I m starting to believe it now. Most probable is that people will wait&see.
Actually, all this story, have made very strong holder. Just a thought : market cap is 525k$, for a coin in this position, it s a very strong one.
