Poll
Question: Closing BTC Price June 28:
$0 - 5 (2.6%)
<$7,000 - 4 (2.1%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 1 (0.5%)
$8,500-$8,999 - 3 (1.6%)
$9,000-$9,499 - 4 (2.1%)
$9,500-$9,999 - 27 (14.2%)
$10,000-$10,499 - 26 (13.7%)
$10,500-10,999 - 15 (7.9%)
$11,000-$11,499 - 14 (7.4%)
$11,500-$12,000 - 17 (8.9%)
>$12,000 - 59 (31.1%)
>$20,000 - 15 (7.9%)
Total Voters: 190

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21254211 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (68 posts by 16 users deleted.)
inca
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March 08, 2015, 12:56:43 AM

Just wait until monday and you will see what is going to happen after this yet another wash volume chinese fake "pump".

Where do you actually see so-called "Volume" you are talking about?
Both the sides don't actually have any volume these days as compared to the previous ones whilst the auction was not even announced. The crash is actually "DONE" and I think it's time for the whales to wake up and pump, you know, "weak hands got out". And yes, I don't think there might come something major on Monday.

Not the volume you had in mind I guess, but this made go back to look at long term volume... Short version: doing pretty well currently, both in terms of BTC volume and USD volume, though the latter is still far behind the peak in late 2013/early 2014.

The following is Bitstamp + Bitfinex + BTC-E, BTC and USD. BTC volume is now the highest it has been in about a year (and even in USD terms beats the mid-2014 period). Compared to the late stages of the 2013 bubble however, it's still behind (and that's excluding mtgox volume that was a major factor in late 2013).


Mmh, in fiat terms the volume just seems still kinda low to me. On chinese exchanges (why didn't you put them in there? if there is fake volume in there or not we are talking about increases/decreases in volume, so we shouldn't care) there was a lot of interest in the $300-$400 area before the last crash (especially on OKCoin). Now there seems to be less interest to play the current price range.









^The bottom volume in USD is the same as the $475 megabulltrap.



Same for other exchanges.

Wanderer thinks we are going down because the volume on stamp (dying post hack) is lower than during a blow off bubble top. He ignores the fact that on finex (the main bitcoin exchange) volume is up hugely in the last few months. He will be surprised when the price glides past 300 and continues upwards..