sharkyshark (OP)
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Activity: 84
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May 13, 2014, 08:26:56 PM |
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How it is possible that three exchanges dont have ANY volume Huobi, Bitstamp, Bitfinex ?? How it is possible for this to be real.. I have not seen this ever.. Very odd .... any ideas?
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frienemy
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Activity: 235
Merit: 100
I was promised da moon
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May 13, 2014, 08:37:16 PM |
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There was extremely low volume, but not no volume at all.
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MCTRL_751 > END OF LINE
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blatchcorn
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May 13, 2014, 08:39:43 PM |
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Because we have found the bottom
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Dalmar
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May 13, 2014, 08:39:57 PM |
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Only means one thing:
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bitcoinsrus
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May 13, 2014, 08:40:02 PM |
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Name: sharkyshark Posts: 1 Activity: 0 Position: Newbie Date Registered: Today at 08:16:50 PM Last Active: Today at 08:39:19 PM
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Torque
Legendary
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Activity: 3710
Merit: 5286
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May 13, 2014, 08:41:29 PM |
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Liquidity has been pulled completely out of the market for now. Coins being moved off the exchanges. Any merchant activity must be happening off exchange. I believe that Coinbase and Bitpay got together and came up with something.
Good luck trying to move the market significantly, or shorting. Not gonna happen until liquidity returns.
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ElectricMucus
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Activity: 1666
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Marketing manager - GO MP
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May 13, 2014, 08:43:09 PM |
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Liquidity has been pulled completely out of the market for now. Merchant activity must be happening off exchange. I believe that Coinbase and Bitpay got together and came up with something.
That or there isn't as much "merchant activity" as you think.
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Torque
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Activity: 3710
Merit: 5286
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May 13, 2014, 08:52:01 PM |
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Liquidity has been pulled completely out of the market for now. Merchant activity must be happening off exchange. I believe that Coinbase and Bitpay got together and came up with something.
That or there isn't as much "merchant activity" as you think. I agree, I actually don't think there is as much merchant activity as the online reporting would have us believe. Same with number of actual bitcoin holders, I believe that it is way less than the number of unique wallet addresses known. So I'm guess maybe ~750M-1M actual bitcoin holders worldwide, including China and other countries. If true, that's still pathetically small in the grand scheme of things. But the upside is that there are probably 8-15M+ people who know about bitcoin but haven't bought any yet.
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master-P
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May 13, 2014, 09:02:33 PM |
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It's the calm before the storm. We'll be seeing some high volume trades soon enough, the question is whether it'll go up or down.
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Walsoraj
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May 13, 2014, 09:33:23 PM |
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It's the calm before the storm. We'll be seeing some high volume trades soon enough, the question is whether it'll go up or down.
It's not going up absent a huge inflow of new fiat or Gox-like restriction on fiat withdrawals. So, down we go.
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hd060053
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May 13, 2014, 09:34:26 PM |
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there is no high volume exchange atm,
gox dead, btcchina dead, huobi half-dead,
bitstamp has always been poor and had no impact.
i expected btc-e to grow, but it has also no volume.
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sharkyshark (OP)
Jr. Member
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Activity: 84
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May 13, 2014, 09:39:05 PM |
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Not small volume,
NO VOLUME
12:20 until 12:40 - zero trades on Huobi 12:30 until 12:38 - zero trades on Bitfinex
Defiantly the calm before the storm..
Which way will we go? UP or DOWN???
$440 - $420 this is our trading range I guess.
If it goes up with high volume then up we go! If it goes down with high volume then down we go!
Does anyone know the outstanding shorts? I have read that you can see it on bitcoinwisdom.com but i dont know where to look?
OBV - - 208000 today.
any help?
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Ibian
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May 13, 2014, 10:39:49 PM |
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It's the calm before the storm. We'll be seeing some high volume trades soon enough, the question is whether it'll go up or down.
It's not going up absent a huge inflow of new fiat or Gox-like restriction on fiat withdrawals. So, down we go. It's not going down absent a huge withdraw of old coins or Gox-like restriction on btc withdrawals. So, up we go.
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Look inside yourself, and you will see that you are the bubble.
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the joint
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May 13, 2014, 10:41:31 PM |
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Only means one thing: Decreasing volume in a down-trend does not theoretically support your statement.
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BitChick
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May 13, 2014, 11:01:09 PM |
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I was going back to look at the volume before the last big rises in price and it seems that there is a drop in volume right before it takes off. This could actually be bullish in a strange way. People are done selling and now waiting. There will only be one way to go now.
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1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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kooke
Sr. Member
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Activity: 448
Merit: 250
Bitcoin super-duper-mega-ultra-hyper-node
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May 13, 2014, 11:12:27 PM |
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It's the calm before the storm. We'll be seeing some high volume trades soon enough, the question is whether it'll go up or down.
It's not going up absent a huge inflow of new fiat or Gox-like restriction on fiat withdrawals. So, down we go. It's not going down absent a huge withdraw of old coins or Gox-like restriction on btc withdrawals. So, up we go. With very little fresh fiat coming in and lots of new coins being mined everyday, this storm may force the price into a landslide.
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r34tr783tr78
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May 13, 2014, 11:13:36 PM |
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Since the problem seems to be on the Fiat side, therefore, the demand side for bitcoins, I wouldn't expect an increase on the price, on the contrary.
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YipYip
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May 13, 2014, 11:19:25 PM |
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Its called consolidation & is a GOOD thing ...trade sideways for the next 3-4 weeks on very low volume
Its called a "SQUEEZE" and is the sign the market is HEALTHY
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OBJECT NOT FOUND
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BitChick
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May 13, 2014, 11:22:09 PM |
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Its called consolidation & is a GOOD thing ...trade sideways for the next 3-4 weeks on very low volume
Its called a "SQUEEZE" and is the sign the market is HEALTHY
A wise veteran has spoken! Does it have to be 3-4 weeks though? I was hoping for just a few more days of this really.
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1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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