Pages:
Author

Topic: No Volume WHY? (20 minutes without any trades at all?) (Read 1874 times)

hero member
Activity: 518
Merit: 500
Can someone help me get the following facts:

- total outstanding bitcoins

-total known outstanding bitcoins held by major players that want the value to raise?

-total known shorts as of today?


If i can see the above details it would be easy to see how where we are going to level out.

I want $1000+

But something is telling me that some simple math will show a much lower base price.

Please PM me the details if you dont want to make them public..

thank you in advance.



Mostly a few own most the bitcoins.  To see the shorts, follow bitcoinwisdom and other sites etc to see buy and sell orders.  Do you think 1 bitcoin is worth one thousand dollars?  It has a utility and is scarce (and desirable)

It went to 1k+ because china started buying.  To reach there again, that would probably have to happen again (in some capacity - more adoption etc.)
jr. member
Activity: 84
Merit: 1
Can someone help me get the following facts:

- total outstanding bitcoins

-total known outstanding bitcoins held by major players that want the value to raise?

-total known shorts as of today?


If i can see the above details it would be easy to see how where we are going to level out.

I want $1000+

But something is telling me that some simple math will show a much lower base price.

Please PM me the details if you dont want to make them public..

thank you in advance.

sr. member
Activity: 481
Merit: 268
Everyone knows that every damn thing that happens on the entire world, including ants flushing their toilets, has to be good to bitcoin price. "To da moon!!".
(end sarcasm)
hero member
Activity: 574
Merit: 500
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. Wink

lolz ...tooo much GEN-Y I need instant action ....

After the roller coster of the past 3 months lets sit down and relax...

I hope its 3-4 weeks will help build up some awesome power that will exploded ...i.e the longer the better Wink
legendary
Activity: 1148
Merit: 1001
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. Wink
hero member
Activity: 574
Merit: 500
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
sr. member
Activity: 481
Merit: 268
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.
sr. member
Activity: 448
Merit: 250
Bitcoin super-duper-mega-ultra-hyper-node
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.
legendary
Activity: 1148
Merit: 1001
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. Wink
legendary
Activity: 1834
Merit: 1020
Only means one thing:



Decreasing volume in a down-trend does not theoretically support your statement. 
legendary
Activity: 2268
Merit: 1278
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.
jr. member
Activity: 84
Merit: 1
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?
hero member
Activity: 601
Merit: 503
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.
hero member
Activity: 686
Merit: 500
Ultranode
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.
hero member
Activity: 868
Merit: 1001
https://keybase.io/masterp FREE Escrow Service
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.
legendary
Activity: 3710
Merit: 5286
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.
sr. member
Activity: 481
Merit: 268
Huobi is without new fiat, because of the closing of the banking accounts and it seems he started implementing recently the ban on leverage like Okcoin (http://www.coindesk.com/pboc-pressure-influences-latest-okcoin-service-upgrade/) and perhaps the new flat rate fee.
Bitstamp and bitfinex follow Huobi.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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.
legendary
Activity: 3710
Merit: 5286
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.
hero member
Activity: 518
Merit: 500
Name:   sharkyshark
Posts:   1
Activity:   0
Position:   Newbie
Date Registered:   Today at 08:16:50 PM
Last Active:   Today at 08:39:19 PM
Pages:
Jump to: