Topic: Anybody else notice trading volume is up by 7x for the last 30 days? (Read 2691 times)
February 18, 2015, 11:39:08 AM
I know some people in greece getting ready and moving their wealth to btc.
February 18, 2015, 08:11:46 AM
Trading volume for last 3 weeks of January and first week of February is about 7x trading volume for the month previous to that. And it's happened without major price movements.
Int....eresting. Anybody got wild-assed guesses about what it means? I've made some popcorn and I'm sitting back to watch what happens next.
The volatility is very high and we have many big moves being made. I feel the end result will be a new dip sub 200$ then a huge bull market or directly the bull market.
February 18, 2015, 07:56:49 AM
a huge movement is not necessarily bad, it can also be either neutral or good.
this is just a spreading of FUD.
this is just a spreading of FUD.
i agree. this is just a spreading of FUD.
February 18, 2015, 07:07:14 AM
i didnt notice that volume went up so drastically
February 17, 2015, 08:30:32 PM
I didnt notice much beyond regular speculation. It's low-price-calm season where whales secretly stack up on retards selling their cheap coins.
February 16, 2015, 03:07:22 PM
a huge movement is not necessarily bad, it can also be either neutral or good.
this is just a spreading of FUD.
this is just a spreading of FUD.
February 16, 2015, 04:33:25 AM
Even if somebody is going to dump it will happen almost instantaneous. The existing volume won't be able to give a clue and sometimes even the order book may not indicate anything.
February 16, 2015, 03:23:11 AM
It's over 6 million at btc-e now, at least we had a small business price increase. Let's hope it's not somebody that's going to dump.
February 16, 2015, 01:15:14 AM
Though it is lower than before(january month) but still not bad 
February 15, 2015, 07:52:06 PM
The technicals have looked good through that higher volume. Looks like there's support above $200, which is good for all of us.
February 15, 2015, 05:05:56 PM
All the shiz is happening at btc-e. Current volume is just over 2mBTC. Also they hold the lowest sell price .
you should use a capital M when you mean million, a lower case m means mili which is 1/1000th
February 15, 2015, 06:48:31 AM
Thanks for info!
Though, it's more a 2x increase than 7x increase to me, if you shave the 2 peaks.
I guess many people thought that it was a great time to buy with BTC so low. Actually, I've followed that movement, I've bought some extra BTC last month.
February 15, 2015, 06:35:34 AM
Hope to see this trend picking up further. It could also means certain goods in large quantities are being bought using btc and the seller is selling back the btc to the exchanger for fiat.
edit: Oh and i forgot to say, the buyer is getting btc in exchanger and use that to pay the seller.
edit: Oh and i forgot to say, the buyer is getting btc in exchanger and use that to pay the seller.
February 15, 2015, 05:45:32 AM
i think, this is tnx to all the adoption and big market that are accepting bitcoin lately, the price will naturally move up in the end, it just need plenty of time
February 15, 2015, 05:03:30 AM
Interesting, some more. Also seems to be happening in the EUR/BTC markets. And now prices are ticking up.
February 14, 2015, 07:59:55 PM
Hmm seems to be interesting. Someone's testing the waters if bitcoin could really survive and recover from such a large number of selling. Such resiliency though. Didn't notice that. Thanks for the heads up.
Coin sold is coing bought, bitcoins just exchanged hands. The trading volume increase could be the sign of U pattern's middle approaching
as the bottom average value, with increased volume suggesting an upcoming uptrend.
February 14, 2015, 04:25:21 PM
I didn't notice that either, I hope it means there's a big amount of money moving into the market, should be very interesting.
February 14, 2015, 02:50:17 PM
Hmm seems to be interesting. Someone's testing the waters if bitcoin could really survive and recover from such a large number of selling. Such resiliency though. Didn't notice that. Thanks for the heads up.
February 14, 2015, 02:48:18 PM
Trading volume for last 3 weeks of January and first week of February is about 7x trading volume for the month previous to that.
Where did you get this data?
I don't find it on blockchain.info?
Blockchain info isn't focused on investor/trader activity. It shows all transactions, including people who are just buying coats from overstock.com. The trade volume change is appearing only in the $USD/BTC markets at large investment exchanges.
February 14, 2015, 10:54:50 AM
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