Bitcoin Forum
April 20, 2018, 04:07:26 AM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 »  All
  Print  
Author Topic: Volume at Huobi dropping like a stone  (Read 2927 times)
r34tr783tr78
Sr. Member
****
Offline Offline

Activity: 257
Merit: 250


View Profile
May 10, 2014, 11:15:31 AM
 #1

http://data.bitcoinity.org/markets/volume/30d?c=e&t=a&volume_unit=btc

You can remove the oher exchanges by clicking on it.

Just stating a fact that shows the present environment at China, where the government even forced the press to censur news about the current chinese bitcoin conference: http://www.coindesk.com/china-orders-media-silence-on-global-bitcoin-summit/

Sarcasm mode started:

Of course, this has to be good news or FUD

Sarcasm mode ended
1524197246
Hero Member
*
Offline Offline

Posts: 1524197246

View Profile Personal Message (Offline)

Ignore
1524197246
Reply with quote  #2

1524197246
Report to moderator
1524197246
Hero Member
*
Offline Offline

Posts: 1524197246

View Profile Personal Message (Offline)

Ignore
1524197246
Reply with quote  #2

1524197246
Report to moderator
1524197246
Hero Member
*
Offline Offline

Posts: 1524197246

View Profile Personal Message (Offline)

Ignore
1524197246
Reply with quote  #2

1524197246
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1524197246
Hero Member
*
Offline Offline

Posts: 1524197246

View Profile Personal Message (Offline)

Ignore
1524197246
Reply with quote  #2

1524197246
Report to moderator
1524197246
Hero Member
*
Offline Offline

Posts: 1524197246

View Profile Personal Message (Offline)

Ignore
1524197246
Reply with quote  #2

1524197246
Report to moderator
TERA
Hero Member
*****
Offline Offline

Activity: 602
Merit: 500



View Profile
May 10, 2014, 11:22:01 AM
 #2

Trading fee implementation and reduction of leverages could lower volume.

Although it doesn't appear much lower than normal now because we are still in the upper band of the downtrend where low volume is typically done. If/when we fall into the lower band, there should be more volume.

            ▄▄
          ▄████▄
        ▄████████▄
      ▄████████████▄
    ▄██▀▄▄ ▄▄▄█▀▄▄▀██▄
  ▄████▄▀▀▄█▀▀▀ ▀▀▄████▄
▄██████████▀██ ██████████▄
▀██████████ ██▄██████████▀
  ▀████▀▄▄ ▄▄▄█▀▄▄▀████▀
    ▀██▄▀▀▄█▀▀▀ ▀▀▄██▀
      ▀████████████▀
        ▀████████▀
          ▀████▀
            ▀▀


███   ███      ███   ▄██████████▄   ███       ███   ██████████▄   ███████████   ███       ███   ████             ████
███    ███     ███   ███▀▀▀▀▀▀███   ███       ███   ▀▀▀▀▀▀▀▀███   ▀▀▀▀▀▀▀▀▀▀▀   ███       ███   █████           █████
███   █ ███    ███   ███      ▀▀▀   ███       ███           ███                 ███       ███   ██████         ██████
███   ██ ███   ███   ███▄▄▄▄▄▄▄▄    ███       ███   ▄▄▄▄▄▄▄▄███   ▄▄▄▄▄▄▄▄▄     ███       ███   ███ ███       ███ ███
███   ███ ███  ███   ▀███████████   ███       ███   ██████████▀   █████████     ███       ███   ███  ███     ███  ███
███   ███  ███ ███            ███   ███       ███   ███   ▄▄▄                   ███       ███   ███   ███   ███   ███
███   ███   ██████   ▄▄▄      ███   ███       ███   ███    ███                  ███       ███   ███    ███ ███    ███
███   ███    █████   ███▄▄▄▄▄▄███   ███▄▄▄▄▄▄▄███   ███     ███   ▄▄▄▄▄▄▄▄▄▄▄   ███▄▄▄▄▄▄▄███   ███     █████     ███
███   ███     ████   ▀██████████▀   ▀███████████▀   ███      ███  ███████████   ▀███████████▀   ███      ███      ███
████
██
██
██
██
██
██
██
██
██
██
████
LIGHT PAPER
███████████████████████████████████████████████████
WHITE PAPER
████
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
████
.▬▬GET IN TOUCH WITH US▬▬.
Facebook  |  Twitter  |
Instagram  |  Youtube  |  Linkedin  |
gizmoh
Legendary
*
Offline Offline

Activity: 1302
Merit: 1000



View Profile
May 10, 2014, 11:25:27 AM
 #3

No more leverage trading.

How Ripple Rips you: "The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"
Ultros
Sr. Member
****
Offline Offline

Activity: 470
Merit: 250



View Profile
May 10, 2014, 11:26:33 AM
 #4

So we can stop watching chinese markets? Seems too good to be true.
TERA
Hero Member
*****
Offline Offline

Activity: 602
Merit: 500



View Profile
May 10, 2014, 11:27:54 AM
 #5

So we can stop watching chinese markets? Seems too good to be true.
Nah. Even at current levels, Huobi volume is still 5x higher than Stamp volume.

            ▄▄
          ▄████▄
        ▄████████▄
      ▄████████████▄
    ▄██▀▄▄ ▄▄▄█▀▄▄▀██▄
  ▄████▄▀▀▄█▀▀▀ ▀▀▄████▄
▄██████████▀██ ██████████▄
▀██████████ ██▄██████████▀
  ▀████▀▄▄ ▄▄▄█▀▄▄▀████▀
    ▀██▄▀▀▄█▀▀▀ ▀▀▄██▀
      ▀████████████▀
        ▀████████▀
          ▀████▀
            ▀▀


███   ███      ███   ▄██████████▄   ███       ███   ██████████▄   ███████████   ███       ███   ████             ████
███    ███     ███   ███▀▀▀▀▀▀███   ███       ███   ▀▀▀▀▀▀▀▀███   ▀▀▀▀▀▀▀▀▀▀▀   ███       ███   █████           █████
███   █ ███    ███   ███      ▀▀▀   ███       ███           ███                 ███       ███   ██████         ██████
███   ██ ███   ███   ███▄▄▄▄▄▄▄▄    ███       ███   ▄▄▄▄▄▄▄▄███   ▄▄▄▄▄▄▄▄▄     ███       ███   ███ ███       ███ ███
███   ███ ███  ███   ▀███████████   ███       ███   ██████████▀   █████████     ███       ███   ███  ███     ███  ███
███   ███  ███ ███            ███   ███       ███   ███   ▄▄▄                   ███       ███   ███   ███   ███   ███
███   ███   ██████   ▄▄▄      ███   ███       ███   ███    ███                  ███       ███   ███    ███ ███    ███
███   ███    █████   ███▄▄▄▄▄▄███   ███▄▄▄▄▄▄▄███   ███     ███   ▄▄▄▄▄▄▄▄▄▄▄   ███▄▄▄▄▄▄▄███   ███     █████     ███
███   ███     ████   ▀██████████▀   ▀███████████▀   ███      ███  ███████████   ▀███████████▀   ███      ███      ███
████
██
██
██
██
██
██
██
██
██
██
████
LIGHT PAPER
███████████████████████████████████████████████████
WHITE PAPER
████
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
████
.▬▬GET IN TOUCH WITH US▬▬.
Facebook  |  Twitter  |
Instagram  |  Youtube  |  Linkedin  |
r34tr783tr78
Sr. Member
****
Offline Offline

Activity: 257
Merit: 250


View Profile
May 10, 2014, 11:30:06 AM
 #6

The decision about the flat rate fee and on leverage has only a few days. I think it's not implement yet.
Any way, this drop started more than a month ago, in the beginning of March:
http://data.bitcoinity.org/markets/volume/6m?c=e&t=a&volume_unit=btc


ElectricMucus
Legendary
*
Offline Offline

Activity: 1610
Merit: 1001


God of the code.


View Profile WWW
May 10, 2014, 11:35:11 AM
 #7

Are Chinese exchanges still a thing?





Isn't the deadline like ...today?
TERA
Hero Member
*****
Offline Offline

Activity: 602
Merit: 500



View Profile
May 10, 2014, 11:37:31 AM
 #8

Try to think of it like this pattern:



Though I do agree that it is going down a little overall.

            ▄▄
          ▄████▄
        ▄████████▄
      ▄████████████▄
    ▄██▀▄▄ ▄▄▄█▀▄▄▀██▄
  ▄████▄▀▀▄█▀▀▀ ▀▀▄████▄
▄██████████▀██ ██████████▄
▀██████████ ██▄██████████▀
  ▀████▀▄▄ ▄▄▄█▀▄▄▀████▀
    ▀██▄▀▀▄█▀▀▀ ▀▀▄██▀
      ▀████████████▀
        ▀████████▀
          ▀████▀
            ▀▀


███   ███      ███   ▄██████████▄   ███       ███   ██████████▄   ███████████   ███       ███   ████             ████
███    ███     ███   ███▀▀▀▀▀▀███   ███       ███   ▀▀▀▀▀▀▀▀███   ▀▀▀▀▀▀▀▀▀▀▀   ███       ███   █████           █████
███   █ ███    ███   ███      ▀▀▀   ███       ███           ███                 ███       ███   ██████         ██████
███   ██ ███   ███   ███▄▄▄▄▄▄▄▄    ███       ███   ▄▄▄▄▄▄▄▄███   ▄▄▄▄▄▄▄▄▄     ███       ███   ███ ███       ███ ███
███   ███ ███  ███   ▀███████████   ███       ███   ██████████▀   █████████     ███       ███   ███  ███     ███  ███
███   ███  ███ ███            ███   ███       ███   ███   ▄▄▄                   ███       ███   ███   ███   ███   ███
███   ███   ██████   ▄▄▄      ███   ███       ███   ███    ███                  ███       ███   ███    ███ ███    ███
███   ███    █████   ███▄▄▄▄▄▄███   ███▄▄▄▄▄▄▄███   ███     ███   ▄▄▄▄▄▄▄▄▄▄▄   ███▄▄▄▄▄▄▄███   ███     █████     ███
███   ███     ████   ▀██████████▀   ▀███████████▀   ███      ███  ███████████   ▀███████████▀   ███      ███      ███
████
██
██
██
██
██
██
██
██
██
██
████
LIGHT PAPER
███████████████████████████████████████████████████
WHITE PAPER
████
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
████
.▬▬GET IN TOUCH WITH US▬▬.
Facebook  |  Twitter  |
Instagram  |  Youtube  |  Linkedin  |
Bitcoin_is_here_to_stay
Full Member
***
Offline Offline

Activity: 252
Merit: 100



View Profile
May 10, 2014, 02:56:04 PM
 #9

Try to think of it like this pattern:



Though I do agree that it is going down a little overall.

nice pic

Tzupy
Legendary
*
Offline Offline

Activity: 1484
Merit: 1039



View Profile
May 10, 2014, 03:38:57 PM
 #10

Maybe it's time for volume at Bitstamp to pick up. Since Chinese players are unlikely to transfer much fiat
to Bitstamp, but transferring lots of coins should be easy, bears may rejoice soon.

Sometimes, if it looks too bullish, it's actually bearish
Blue
Sr. Member
****
Offline Offline

Activity: 270
Merit: 250


View Profile
May 10, 2014, 04:11:44 PM
 #11

yeeha !
fattypig
Full Member
***
Offline Offline

Activity: 224
Merit: 100



View Profile WWW
May 10, 2014, 04:12:36 PM
 #12

Are Chinese exchanges still a thing?





Isn't the deadline like ...today?

Yup, deadline today. So lets just assume huobi and other chinese exchange site would be offline tomorrow onwards.

adamstgBit
Legendary
*
Offline Offline

Activity: 1904
Merit: 1001


Trusted Bitcoiner


View Profile WWW
May 10, 2014, 04:17:44 PM
 #13

Are Chinese exchanges still a thing?





Isn't the deadline like ...today?

Yup, deadline today. So lets just assume huobi and other chinese exchange site would be offline tomorrow onwards.

i think MAYBE monday

DustyRah
Sr. Member
****
Offline Offline

Activity: 478
Merit: 250


View Profile
May 10, 2014, 09:01:24 PM
 #14

I hope the Chinese commies are out as soon as possible so the rest of the world can get it on with BTC~
blatchcorn
Sr. Member
****
Offline Offline

Activity: 504
Merit: 251



View Profile
May 10, 2014, 10:16:43 PM
 #15

Bullish sign

                                                                               
                 
                                                       ╓▄▌██P                   
                                                 ╔▄▌███▀███▌                   
                                           ▄▄▌██▀▀╚  ╓██╩██                     
                                     ▄▄███▀▀╙      ▄██  ▓█                     
                               ▄▌███▀▀+          ▄█▀   ▐█                       
                        ,▄▌███▀▀¬              ▓█▀     █▄                       
                  ,▄▌███▀▀                  ,██▀      █▌                       
               '█████▌▄▄,                 ╓██╩       ██                         
                  ▀██▌▐▀▀▀█████▌▌▄▄╓    ▄██¬        ▄█                         
                     ▀██▄        ╚▀▀▀████          ▐█═                         
                        ▀██▄        ▓█▀██          █▀                           
                           ▀██▄  ,██▀   █µ        ██                           
                              ▀███Z     ██       ██                             
                                ▐██     ▐█      ▄█                             
                              ,,╓╓█▓▄▌   █▌    ▐█U                             
                        º▄▓▓▓▓▓▓▓▓▓███   ▀█    █▌                               
                          ▀█▓▓▓▓▓████▀█▌  █▌  ██                               
                            ▀███████▌  ▀█µ▀█ ██                                 
                              ▀█████     ███▓█                                 
                                ▐███      ▀██Ñ                                 
                                            ▀                             

Sindelar1938
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500


View Profile
May 11, 2014, 03:04:57 AM
 #16

I think it's a bearish signal with some selling to come next week

Elwar
Legendary
*
Online Online

Activity: 2436
Merit: 1100


www.varyon.io


View Profile WWW
May 11, 2014, 04:35:28 AM
 #17

Huobi is a Chinese exchange.

China banned bitcoins months ago.

Get involved in the world's first seastead: http://www.varyon.io
ElectricMucus
Legendary
*
Offline Offline

Activity: 1610
Merit: 1001


God of the code.


View Profile WWW
May 11, 2014, 07:03:30 AM
 #18

Huobi is a Chinese exchange.

China banned bitcoins months ago.


Stupid, how the chumps here are the first to call it a ban, while all that China did was to rule banks shouldn't use it. Don't you guys get that is not the same thing?
T.Stuart
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500


One Token to Move Anything Anywhere


View Profile
May 11, 2014, 07:17:36 AM
 #19

Huobi is a Chinese exchange.

China banned bitcoins months ago.


Stupid, how the chumps here are the first to call it a ban, while all that China did was to rule banks shouldn't use it. Don't you guys get that is not the same thing?

They've banned the banks from using it. They've banned journalists from reporting it. They pour scorn on Bitcoin users (maybe they've got that partially right  Roll Eyes). The line you take is beginning to sound pedantic.

                                                                               
███████████████▄▄▄                     ▄█▄     ▀█████▄                     ▄█████▀
████████████████████▄                ▄█████▄     ▀█████▄                 ▄█████▀
              ▀▀█████▄             ▄█████████▄     ▀█████▄             ▄█████▀
                 █████▌          ▄█████▀ ▀█████▄     ▀█████▄         ▄█████▀
                 ▐█████        ▄█████▀     ▀█████▄     ▀█████▄     ▄█████▀
                 █████▌      ▄█████▀         ▀█████▄     ▀█████▄ ▄█████▀
              ▄▄█████▀     ▄█████▀     ▄█▄     ▀█████▄     ▀█████████▀
████████████████████▀    ▄█████▀     ▄█████▄     ▀█████▄     ▀█████▀
███████████████▀▀▀     ▄█████▀     ▄█████████▄     ▀█████▄     ▀█▀
                                    ▀███████▀
                                      ▀███▀
                                        ▀
.
▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔
.◆ ◆ ◆ ONE TOKEN TO MOVE ANYTHING ANYWHERE ◆ ◆ ◆.
▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁
ElectricMucus
Legendary
*
Offline Offline

Activity: 1610
Merit: 1001


God of the code.


View Profile WWW
May 11, 2014, 07:40:20 AM
 #20

Huobi is a Chinese exchange.

China banned bitcoins months ago.


Stupid, how the chumps here are the first to call it a ban, while all that China did was to rule banks shouldn't use it. Don't you guys get that is not the same thing?

They've banned the banks from using it. They've banned journalists from reporting it. They pour scorn on Bitcoin users (maybe they've got that partially right  Roll Eyes). The line you take is beginning to sound pedantic.

As I recall that's basically one event that shouldn't be reported on, and I'd say that's more international politics than anti-Bitcoin, I could be wrong, but then I don't really care.

Still, the bulk of mining hardware is manufactured in China, and if their gov were against Bitcoin they'd move against that. Or rule something akin to "Bitcoin could have a destabilizing influence on the economy and therefore is prohibited" - which they also didn't.
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!