The total trade volume today (Sat Mar/15 00:00-23:59 UTC), at the exchanges that I monitor, was just a little over 100 kBTC. That is 49% less than yesterday, and 67% less than last Saturday Mar/08.
Indeed, the last three times since the total daily volume has been this low or lower were
Jan/29--Feb/05 (volumes ranging from ~54 to ~91 kBTC): Chinese New Year holidays, banks closed in China.
Sunday Feb/19 (~95 kBTC): eve of MtGOX's second announcement.
Sunday Mar/02 (~94 kBTC): perhaps eve of Bloomberg TV "important announcement"?
Volume outside China dropped 63%, from 19 kBTC to a ridiculous 7 kBTC. All exchanges lost volume, the largest ones more in proportion. BTC-e (with 2.55 kBTC) returned to first place, followed by Bitstamp (2.20) and Bitfinex (1.74).
Volume in China dropped 48% (from 179 to 93 kBTC). OKCoin (59% of the Chinese total) increased its advantage over Huobi (39%). The dwarf exchange Bter was the only one that I monitor that had more trade than yesterday, from 0.19 to 0.35 kBTC.
China's slice of the total volume increased again, from 91% to 93%.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28854. (Read 26623197 times)
March 15, 2014, 10:12:57 PM
March 15, 2014, 10:02:12 PM
March 15, 2014, 09:54:41 PM
Stock up on the Red Bull and get some sleep. The fireworks always start when you least expect it.
I expect it to be the day I leave this town for Asia.
So, 3/20/15
March 15, 2014, 09:46:45 PM
Daily volumes of BTC trade to/from USD and other national currencies (in kBTC):
! Sat ! Sun ! Mon ! Tue ! Wed ! Thu ! Fri ! Sat !
EXCHANGE ! 03/08 ! 03/09 ! 03/10 ! 03/11 ! 03/12 ! 03/13 ! 03/14 ! 03/15 ! Currencies considered
BTC-e | 8.71 | 6.52 | 7.16 | 5.09 | 7.96 | 7.43 | 3.76 | 2.55 | USD,EUR,RUR
Bitstamp | 9.70 | 9.12 | 13.40 | 9.17 | 12.70 | 6.73 | 8.68 | 2.20 | USD
BitFinEx | 10.97 | 8.29 | 11.60 | 3.63 | 7.29 | 3.31 | 5.53 | 1.74 | USD
Kraken | 0.55 | 0.64 | 0.57 | 0.45 | 0.56 | 0.40 | 0.48 | 0.34 | EUR
Bitcoin.DE | 0.31 | 0.20 | 0.39 | 0.41 | 0.37 | 0.35 | 0.20 | 0.12 | EUR
CaVirtEx | 0.12 | 0.15 | 0.13 | 0.18 | 0.13 | 0.13 | 0.11 | 0.06 | CAD
CampBX | 0.03 | 0.02 | 0.05 | 0.06 | 0.04 | 0.03 | 0.06 | 0.03 | USD
SUBTOTAL | 30.39 | 24.94 | 33.30 | 18.99 | 29.05 | 18.38 | 18.82 | 7.04 |
OKCoin | 146.46 | 136.24 | 119.00 | 68.50 | 90.60 | 60.70 | 97.80 | 55.40 | CNY
Huobi | 119.46 | 103.51 | 95.10 | 55.00 | 77.90 | 65.40 | 78.40 | 36.50 | CNY
BTC-China | 5.08 | 4.24 | 3.34 | 3.11 | 3.16 | 2.89 | 2.97 | 1.13 | CNY
Bter | 0.28 | 0.21 | 0.27 | 0.34 | 0.49 | 0.26 | 0.19 | 0.35 | CNY
SUBTOTAL | 271.28 | 244.20 | 217.71 | 126.95 | 172.15 | 129.25 | 179.36 | 93.38 |
TOTAL | 301.67 | 269.14 | 251.01 | 145.94 | 201.20 | 147.63 | 198.18 | 100.42 |
All numbers were collected by hand from the site http://bitcoinwisdom.com. Beware of possible errors.
For each exchange, the numbers include only the trade volume to/from the currencies listed in the rightmost column. Trade between BTC and other cryptocoins, such as LiteCoin, is NOT included.
Dates on the header line are UTC. Specifically, "01/15" means "from 01/15 00:00:00 UTC to 01/15 23:59:59 UTC". (Beware that Bitcoinwisdom uses your local time, so the date may appear to be off by 1 day. For example, if you are 2 hours west of Greenwich, it may show "01/14 22:00" when the UTC time is "01/15 00:00".)
! Sat ! Sun ! Mon ! Tue ! Wed ! Thu ! Fri ! Sat !
EXCHANGE ! 03/08 ! 03/09 ! 03/10 ! 03/11 ! 03/12 ! 03/13 ! 03/14 ! 03/15 ! Currencies considered
BTC-e | 8.71 | 6.52 | 7.16 | 5.09 | 7.96 | 7.43 | 3.76 | 2.55 | USD,EUR,RUR
Bitstamp | 9.70 | 9.12 | 13.40 | 9.17 | 12.70 | 6.73 | 8.68 | 2.20 | USD
BitFinEx | 10.97 | 8.29 | 11.60 | 3.63 | 7.29 | 3.31 | 5.53 | 1.74 | USD
Kraken | 0.55 | 0.64 | 0.57 | 0.45 | 0.56 | 0.40 | 0.48 | 0.34 | EUR
Bitcoin.DE | 0.31 | 0.20 | 0.39 | 0.41 | 0.37 | 0.35 | 0.20 | 0.12 | EUR
CaVirtEx | 0.12 | 0.15 | 0.13 | 0.18 | 0.13 | 0.13 | 0.11 | 0.06 | CAD
CampBX | 0.03 | 0.02 | 0.05 | 0.06 | 0.04 | 0.03 | 0.06 | 0.03 | USD
SUBTOTAL | 30.39 | 24.94 | 33.30 | 18.99 | 29.05 | 18.38 | 18.82 | 7.04 |
OKCoin | 146.46 | 136.24 | 119.00 | 68.50 | 90.60 | 60.70 | 97.80 | 55.40 | CNY
Huobi | 119.46 | 103.51 | 95.10 | 55.00 | 77.90 | 65.40 | 78.40 | 36.50 | CNY
BTC-China | 5.08 | 4.24 | 3.34 | 3.11 | 3.16 | 2.89 | 2.97 | 1.13 | CNY
Bter | 0.28 | 0.21 | 0.27 | 0.34 | 0.49 | 0.26 | 0.19 | 0.35 | CNY
SUBTOTAL | 271.28 | 244.20 | 217.71 | 126.95 | 172.15 | 129.25 | 179.36 | 93.38 |
TOTAL | 301.67 | 269.14 | 251.01 | 145.94 | 201.20 | 147.63 | 198.18 | 100.42 |
All numbers were collected by hand from the site http://bitcoinwisdom.com. Beware of possible errors.
For each exchange, the numbers include only the trade volume to/from the currencies listed in the rightmost column. Trade between BTC and other cryptocoins, such as LiteCoin, is NOT included.
Dates on the header line are UTC. Specifically, "01/15" means "from 01/15 00:00:00 UTC to 01/15 23:59:59 UTC". (Beware that Bitcoinwisdom uses your local time, so the date may appear to be off by 1 day. For example, if you are 2 hours west of Greenwich, it may show "01/14 22:00" when the UTC time is "01/15 00:00".)
March 15, 2014, 09:45:00 PM
Is it going up when you look at it or do you see it going down?
March 15, 2014, 09:42:32 PM
Its spring break. Half the normal traders are out gettin hammered, I know I am.
Ah! "Fundamentals"! 
I recall seeing tumbleweed blowing through here when the universities open. Notable when you analyses the previous wall thread.
I think a lot of traders are students.
March 15, 2014, 09:20:18 PM
I had an idea before about a 37 day cycle that ran earlier than expected last month. Instead of Feb 11, it hit around Feb 4. By this same target area I believe the High point was indeed on the 13th of March instead of the 20th.
You may be able to find my original posts concerning this pattern of October 23, November 29, Jan 5, etc. The pattern I saw was an apex/acme on those dates followed by a sharp decrease in price. Yet the pattern abruptly changed to 30 days.
I could post pictures or you can see the original post here. Keep in mind this was strictly a pattern I had noticed.
You may be able to find my original posts concerning this pattern of October 23, November 29, Jan 5, etc. The pattern I saw was an apex/acme on those dates followed by a sharp decrease in price. Yet the pattern abruptly changed to 30 days.
I could post pictures or you can see the original post here. Keep in mind this was strictly a pattern I had noticed.
March 15, 2014, 09:02:37 PM
March 15, 2014, 08:58:23 PM
I'm adjusting my volatility channel downward to about 3.25 USD/diem to track the vwap since the post-spike low 8 Mar. It seems we will break the short-term downtrend resistance, and I estimate reaching the all-time downtrend resistance on the 19th near 650. The new vol channel slope corresponds to the moving-average-of-active-wallets growth trend model better than the all-history log trend line at this point.
March 15, 2014, 08:57:58 PM
i wonder what the market has been up to all day.
not surprising...
not surprising...
March 15, 2014, 08:55:03 PM
March 15, 2014, 08:52:41 PM
Something to stare at: Off Topic
March 15, 2014, 08:50:07 PM
Quote
"Specifically, [ Ramon Llull ] realized three intentions: to die in the service of God while converting Muslims to Christianity, to see to the founding of religious institutions that would teach foreign languages, and to write a book capable of overcoming any objection when using it to convert someone."
March 15, 2014, 08:46:17 PM
March 15, 2014, 08:24:44 PM
holy shit, i have never seen this low volume
this is truly the calm before the storm i've been waiting for, i believe
this is truly the calm before the storm i've been waiting for, i believe
Looking at Huobi (whose volume seems less "random" than Bitstamp), the volume was this low on Feb/06, Feb/19, and Mar/02 (UTC; may be 1 less in your local time)
The first two low-volume dates were followed by large price drops: 110 USD (on Bitstamp, 800 to 690) and 70 USD (630 to 560). The third date was follwed by a large price increase: 110 USD (~560 to ~670)
Let us say for example that the lull were to be followed by more lull? Then when the more lull is over, you would describe the situation that the lull was "followed by" ___(choose one: "Increase" or "decrease"), and "more lull" would NOT be one of the options that you provide... right?
I did it for the lulls.
March 15, 2014, 08:02:17 PM
March 15, 2014, 07:39:50 PM
Let us say for example that the lull were to be followed by more lull? Then when the more lull is over, you would describe the situation that the lull was "followed by" ___(choose one: "Increase" or "decrease"), and "more lull" would NOT be one of the options that you provide... right?
I see what you mean 
But today is not merely a "lull" in the price (of which there have been many in a row), it is one of 4 minimum volume days at Huobi since the New Year Week; the 3 previous being well-separated, and followed by large, sudden and persistent price changes.[ in the first two we were ] waiting for some news from gox
Indeed, for the first and second press releases, due Feb/10 and Feb/20; the drops were clearly due to disappointment and the claim of "bug in bitcoin" (Although the tense wait for the first was on Sun Feb/09 not Thu Feb/06, right?).There seems to be no consensus about the causes of the third minimum-volume day Mar/02 and the rally on Mar/03. The immediate cause of the latter was a huge buy in Bitstamp. However I recall that there were big expectations about an upcoming Bloomberg TV announcement; could that be it? (But that was a flop, and yet the price rallied...)
Its spring break. Half the normal traders are out gettin hammered, I know I am.
Ah! "Fundamentals"! March 15, 2014, 07:02:18 PM
March 15, 2014, 06:55:20 PM
holy shit, i have never seen this low volume
this is truly the calm before the storm i've been waiting for, i believe
this is truly the calm before the storm i've been waiting for, i believe
Its spring break. Half the normal traders are out gettin hammered, I know I am.
March 15, 2014, 06:50:28 PM
holy shit, i have never seen this low volume
this is truly the calm before the storm i've been waiting for, i believe
this is truly the calm before the storm i've been waiting for, i believe
Looking at Huobi (whose volume seems less "random" than Bitstamp), the volume was this low on Feb/06, Feb/19, and Mar/02 (UTC; may be 1 less in your local time)
The first two low-volume dates were followed by large price drops: 110 USD (on Bitstamp, 800 to 690) and 70 USD (630 to 560). The third date was follwed by a large price increase: 110 USD (~560 to ~670)
Let us say for example that the lull were to be followed by more lull? Then when the more lull is over, you would describe the situation that the lull was "followed by" ___(choose one: "Increase" or "decrease"), and "more lull" would NOT be one of the options that you provide... right?
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