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January 12, 2014, 05:21:17 PM |
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I just think that people have an exaggerated impression about a sudden paradigm shift over a mere 3 months in which the dynamics of bitcoin trading and the amount of volume and depth needed to support the price has completely changed, when in fact if China is removed from the equation, things could go right back to how they were in early 2013. If this is the case then I probably do not want to touch bitcoin until I start seeing average daily volumes of 40K on btce and bitstamp again with 100K+ on hot days.
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