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December 15, 2013, 08:56:24 PM

It is always shocking to see how easy the price can be manipulated. Without any volume the price went up 50$ in minutes. As the price was at 840$ somebody bought 13 coins for 895$ each and bang there we are now at 884$...

You're looking at the wrong exchange. The volume on the runup was huge on btcchina. Also: we had just come down through that area, so asks are weak.



Indeed. People keep forgetting we're now working with a lot more exchanges, and how much the volumes have changed:

btcchina       64392.620
mtgox           14323.340
bitstamp        11403.840
btce             11393.550

check out these other two chinese ones which are seldom mentioned:

okcoin          42990.150
fxbtc            21509.410

wow! Those 3 china-based exchanges account for 147,000 BTC volume? That's 10 times gox!

I know, I know... no fees. Maybe time for the Western exchanges to lower fees, too?

What timeframe are those volume numbers?