Author

Topic: Where is the volume? (Read 664 times)

member
Activity: 61
Merit: 10
June 22, 2011, 07:01:32 PM
#3
I presume lots of bitcoins are locked up in Mt Gox.

correct.
newbie
Activity: 12
Merit: 0
June 22, 2011, 06:54:24 PM
#2
I presume lots of bitcoins are locked up in Mt Gox.
member
Activity: 84
Merit: 10
I need an new box...
June 22, 2011, 06:48:11 PM
#1
Looking at the charts, TH seems to be the number one trader at the moment (with MtGox down). But the volume there is only about 5% of what is normally on MtGox. Where is the volume? Why hasn't a good portion of it moved somewhere else? Is everyone just holding their coins (and their breath) and waiting to see what happens once MtGox reopens? If so, should MtGox hold that sort of power over the market (even if they didn't plan on it)?
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