This seems a bit more accurate.
Topic: The trading volume is more and more, WHY IS THE PRICE LOWER AND LOWER? (Read 2185 times)
October 03, 2014, 09:01:53 AM
October 03, 2014, 08:33:40 AM
What confuses me most is how the order books look, add it all together and there's so much more buying pressure than selling pressure, which makes me think that there's a few big whales (maybe even one?) that keep on selling down and not many other people.
It's not very nice to see the value in such long term decline, on the other hand, we really don't want people holding 50-300k btc single handedly i'd think, so spreading the coins is good i guess...
It's not very nice to see the value in such long term decline, on the other hand, we really don't want people holding 50-300k btc single handedly i'd think, so spreading the coins is good i guess...
October 03, 2014, 08:29:55 AM
haha, Eastern Europe? Are you kidding?
In Hungary nobody knows about bitcoin ,
1 bitcoin ATM and some shops nothing else
In Hungary nobody knows about bitcoin ,
1 bitcoin ATM and some shops nothing else
see what append in 3 months with the swiss country (after official law accepted) = new ATM and seller ! More than other near countries !
October 03, 2014, 08:24:47 AM
The next bubble will come from one of the following:
- Eastern Europe
- Philippines
- Thailand
OR:
- Some other country where remittance is a big deal
Pick your poison.
- Eastern Europe
- Philippines
- Thailand
OR:
- Some other country where remittance is a big deal
Pick your poison.
haha, Eastern Europe? Are you kidding?
In Hungary nobody knows about bitcoin ,
1 bitcoin ATM and some shops nothing else
I don't think so....
Just nobody speaks about it because of tax laws and others...
October 03, 2014, 05:43:30 AM
I think we will go down to ~300$ and then the way is only up.
Or even $280, but shorting now is risky as floor may be above 300.
Now I'm waiting with my bids placed from $280 to $350.
October 03, 2014, 03:39:44 AM
I think we will go down to ~300$ and then the way is only up.
October 03, 2014, 03:36:10 AM
The bear market wont be lasting much longer the increased volume is showing us this. Its all very nice timing with fundamentals intact and the colder weather now hitting europe USA making all online activity upwards.
If the cooling cost is lower for BTC miners, then the incentive for them to sell is bigger.
September 29, 2014, 02:04:55 PM
The bear market wont be lasting much longer the increased volume is showing us this. Its all very nice timing with fundamentals intact and the colder weather now hitting europe USA making all online activity upwards.
September 29, 2014, 07:44:28 AM
It's normal for volume to increase during the last phase of the bear market, with the biggest drops.
+1
September 29, 2014, 06:47:13 AM
IMO many people from the ENTIRE world don't know about the Bitcoin and crypto currency.
Actually there are only a small percent who know about this.
When more people will use Bitcoin , the price will climb again.
Until then, only the big companies "embraced" the Bitcoin phenomena , and cash out immediately, hurting the Bitcoin price.
Actually there are only a small percent who know about this.
When more people will use Bitcoin , the price will climb again.
Until then, only the big companies "embraced" the Bitcoin phenomena , and cash out immediately, hurting the Bitcoin price.
September 29, 2014, 06:06:05 AM
The next bubble will come from one of the following:
- Eastern Europe
- Philippines
- Thailand
OR:
- Some other country where remittance is a big deal
Pick your poison.
- Eastern Europe
- Philippines
- Thailand
OR:
- Some other country where remittance is a big deal
Pick your poison.
haha, Eastern Europe? Are you kidding?
In Hungary nobody knows about bitcoin ,
1 bitcoin ATM and some shops nothing else
September 29, 2014, 05:18:01 AM
The next bubble will come from one of the following:
- Eastern Europe
- Philippines
- Thailand
OR:
- Some other country where remittance is a big deal
Pick your poison.
- Eastern Europe
- Philippines
- Thailand
OR:
- Some other country where remittance is a big deal
Pick your poison.
Remittance isn't a big part of the Thai economy
September 29, 2014, 05:07:18 AM
The next bubble will come from one of the following:
- Eastern Europe
- Philippines
- Thailand
OR:
- Some other country where remittance is a big deal
Pick your poison.
- Eastern Europe
- Philippines
- Thailand
OR:
- Some other country where remittance is a big deal
Pick your poison.
September 29, 2014, 05:05:18 AM
The volume from the Chinese exchanges should be discounted due to the 0% fee.
September 29, 2014, 04:41:32 AM
It's normal for volume to increase during the last phase of the bear market, with the biggest drops.
September 29, 2014, 04:38:37 AM
You're a rare talent, but the key is that I was buying bitcoins after chinese had joined.
September 29, 2014, 12:00:13 AM
This seems a bit more accurate.
September 28, 2014, 11:03:34 PM
Look at the last 18 months and maybe you'll see a bigger picture.
do you mean that?
If there were no chinese involved, the Bitcoin prices are steadily increase from $100 to $400, and now we should be cheering instead of sorrow..
September 28, 2014, 10:37:03 PM
Look at the last 18 months and maybe you'll see a bigger picture.
September 28, 2014, 10:02:19 PM
Whales cashing out. Which is good for bitcoin. Distributing the hoards of coins to people who have a chance to actually use those coins is better than a few big holders just sitting on all those coins. Once they are done selling what they want, selling pressure should decrease. How long that will take no one knows.
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