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Topic: why trading volume is so low now? - page 2. (Read 2172 times)

sr. member
Activity: 294
Merit: 250
Minter
August 30, 2016, 04:24:01 PM
#28
But really, the price of bitcoin is just starting to rise after a sharp fall during the Bitfinex saga. This means people are buying once again, so how can you say the volume is low, have you checked every crypto exchange?
legendary
Activity: 1652
Merit: 1057
August 30, 2016, 03:47:23 PM
#27
it is not that low, and it is normal for this to happen because the price is somewhat stable.

you can check the history yourself, whenever price becomes stable like this, the daily trade volume drops because there are less trades happening.
Yeah, it is not that far off the average a couple months before the huge price increase. I think the bitfinex hack may have something to do with this lower volumes but I think it’s just a temporary market slow down. Any upward price surge will make traders stirred up.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
August 30, 2016, 03:36:30 PM
#26
Trading volume is not so high cause of summer vocations, when this summer end we can expect higher trading volume and price rise.
After talking with some expert's about bitcoin trading volume and generally about the price they told me that all this alt coins around taking this volume from bbitcoins, and of price of bitcoin is not so high cause of alt coins.
I'm not an expert, I just wish to ask people from here how much truth is in these words. Is it truth that other altcoins stopping and slowing rise of bitcoins?
hero member
Activity: 826
Merit: 502
August 30, 2016, 03:29:20 PM
#25
Itis still very good, we cannot say it as low trading volume, but still we can increase its value to promote this currency to all of the traders of different assets, they will love to invest in this currency also and we should have to convince people to buy online things with bitcoin.
sr. member
Activity: 252
Merit: 250
August 30, 2016, 02:52:24 PM
#24
People want the price to rise after that they will spend money into it, but they do not know that until they do not put their money into there the price will remain the same as it is, so we people will have to take the start and have to invest as much as possible with that the price will start to increase and we will sell that bought bitcoins at higher price.
yes that is also a reason but i think the actual reason is that confident of the people is not still built up to trade bitcoin above 600$, therefore the price is not crossing 600$ level. i think it is just a psychological barrier and nothing else. if this psychological barrier is cross by the bitcoin then it is not going to stop below 1000$, it will continue rising tell reach to 1000 $ level.
hero member
Activity: 490
Merit: 500
August 30, 2016, 12:48:17 AM
#23
flash crash will be arrived in next two weeks, be careful.
can you give me some ref to read and see how and why the price will crashed i just wanted to learn how to avoid big losses regarding inside btc trading, thanks in advance mate.

as I know, someone in oil-exporting countries is going to shake the BTC world, and then support the ETH to the throne.
sr. member
Activity: 350
Merit: 250
August 29, 2016, 10:42:39 PM
#22
Price is just the one hand

Another important hand is that Bitcoin heat is dissipated, since the Bitstamp and Bitfinex cause stolen/hacked occurred, anyone would still hold funds on exchanges?
Nah, I wouldn't hold funds on exchanges since they both have been hacked. You'd have to be nuts to trust them with your money.
hero member
Activity: 2898
Merit: 529
Leading Crypto Sports Betting & Casino Platform
August 29, 2016, 07:52:22 PM
#21
BTC / USD

 BTC-e  574.30 USD +4.38
 3,907.61 BTC

 Coinbase Exchange  575.99 USD +5.38
 2,816.82 BTC

 Bitfinex  577.21 USD +7.46
 1,929.64 BTC

 Bitstamp  574.00 USD +6.68
 682,139.80 USD
 
 itBit  574.32 USD +5.34
 975.51 XBT
 
 OKCoin  573.93 USD +6.39
 989.44 BTC

 Huobi  565.64 USD +4.46
 709.50 BTC

 LakeBTC  576.44 USD +2.71
 742.68 BTC

 CEX.IO  591.74 USD-0.57
 696.97 BTC

 incredibly Huh

what big event happened recently?
Is not a big event in my minds that is just the trading is not feeling excited about doing a trading because of the stabilization they feel difficult for getting a profit and then they are pulling their volume in the trading site into their wallet.
hero member
Activity: 658
Merit: 500
August 29, 2016, 05:22:31 PM
#20
People want the price to rise after that they will spend money into it, but they do not know that until they do not put their money into there the price will remain the same as it is, so we people will have to take the start and have to invest as much as possible with that the price will start to increase and we will sell that bought bitcoins at higher price.

You are right, we should have to invest in bitcoin or we should have to invite all other people to invest in this currency with that the price will start to increase and people will once again start to buy more and the volume will increase.
hero member
Activity: 672
Merit: 500
August 29, 2016, 04:35:27 PM
#19
People want the price to rise after that they will spend money into it, but they do not know that until they do not put their money into there the price will remain the same as it is, so we people will have to take the start and have to invest as much as possible with that the price will start to increase and we will sell that bought bitcoins at higher price.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
August 29, 2016, 01:39:31 PM
#18
BTC / USD

 BTC-e  574.30 USD +4.38
 3,907.61 BTC

 Coinbase Exchange  575.99 USD +5.38
 2,816.82 BTC

 Bitfinex  577.21 USD +7.46
 1,929.64 BTC

 Bitstamp  574.00 USD +6.68
 682,139.80 USD
 
 itBit  574.32 USD +5.34
 975.51 XBT
 
 OKCoin  573.93 USD +6.39
 989.44 BTC

 Huobi  565.64 USD +4.46
 709.50 BTC

 LakeBTC  576.44 USD +2.71
 742.68 BTC

 CEX.IO  591.74 USD-0.57
 696.97 BTC

 incredibly Huh

what big event happened recently?

It's not surprising honestly. The average volume for weekly basis duration is just usual.

Hope for some big trend starters and soon you will have your desired volume change even for a higher percentage.
legendary
Activity: 840
Merit: 1000
August 29, 2016, 01:35:32 PM
#17
From a trader's point of view, no one is looking into buying bitcoin atm and no one is looking to sell bitcoin at the moment since there is no good or bad news and hard to guess the price of bitcoin in the future.
sr. member
Activity: 252
Merit: 250
August 29, 2016, 01:34:40 PM
#16
Price is just the one hand

Another important hand is that Bitcoin heat is dissipated, since the Bitstamp and Bitfinex cause stolen/hacked occurred, anyone would still hold funds on exchanges?
to me bitfinex has not effected bitcoin too much. i think bitcoin is trading in its normal way, the volume is a little low no doubt but i think it is because that the price of bitcoin is so stable and there is no big fluctuation, therefore people are not ready to sell their bitcoin in such kind of situation. as it is expected that the price of bitcoin will cross the all time high price this time therefore no one is ready to sell bitcoin and they are holding bitcoin for the time when bitcoin will cross all time high price.
legendary
Activity: 1946
Merit: 1137
August 29, 2016, 12:08:11 PM
#15

-snip-
what big event happened recently?
bitifinex, a big bitcoin exchange site, got hacked recently and many funds of the users were stolen. due to this, there was a big drop in the market price. the price went down-snip-
just my 2 cents!


OP is asking about the low volume not lower price. and the lower volume is not because of the hack and not because of the price drop. and the reason is {as it was explained before} the stable price.

why bother risking an exchange when the market's totally dead? if there was some action then people would be pouring in. there'll be dollars and coins parked up waiting for a move if it ever arrives.

many are accumulating.
as they always do at the times like this when the price is stable and ready to go up.

also many are still day-trading.
although it is harder and smaller profit but it is still possible even with stable price because it is still going up and down.
legendary
Activity: 1288
Merit: 1087
August 29, 2016, 10:16:45 AM
#14
why bother risking an exchange when the market's totally dead? if there was some action then people would be pouring in. there'll be dollars and coins parked up waiting for a move if it ever arrives.
hero member
Activity: 1050
Merit: 681
August 29, 2016, 09:35:12 AM
#13

-snip-
what big event happened recently?
bitifinex, a big bitcoin exchange site, got hacked recently and many funds of the users were stolen. due to this, there was a big drop in the market price. the price went down as low as 530$ from 650$ or so but again bitcoin showed up its potential by slowly rising up again and now we are 570$+ which is a very good thing. but please note that bitcoin is very unpredictable so sometimes we cannot find out the reason behind the price drops. just my 2 cents!
flash crash will be arrived in next two weeks, be careful.
can you give me some ref to read and see how and why the price will crashed i just wanted to learn how to avoid big losses regarding inside btc trading, thanks in advance mate.
nobody can predict about the future price of bitcoin. so please dont listen to anybody in this matter. if anybody could predict the future price of btc then "trading" would not exist. lol.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
August 29, 2016, 08:47:07 AM
#12
whenever there is little change in price, there will always be little change in volume too because traders can not make profit in it especially those who are long.



the lower part of the chart is the volume bars, you can see the same thing happening in 22 Jul to 1 Aug now look at the price, it is stable.
you can go to http://bitcoincharts.com/ and change the dates and look at the volumes yourself it is always like this when the price fluctuation is smaller.
full member
Activity: 196
Merit: 100
August 29, 2016, 06:18:29 AM
#11
i think there is no significant reduction in the price of bitcoin, but it is effected a little. and the main reason is that the price is bitcoin remained stable for a long time therefore people are holding their bitcoin for price increase and not ready to sell bitcoin in such a low price.
legendary
Activity: 1526
Merit: 1001
August 29, 2016, 05:39:18 AM
#10
The price is pretty much like the last week and saying the truth the trading volume is based also when the traders are on vacation and they don't trade or at least don't leave they trading bots do it job because of the risk involved. When the price get ups and downs traders are highly to trade at this time because there is more potential profit.
full member
Activity: 210
Merit: 100
August 29, 2016, 05:34:31 AM
#9
i believe it is volume is less that is the reason it looks like low , but it is not completely nil . people may be some vacation , or people may be waiting for some surge on bitcoin price . probably it may increase and hence volume may trigger to the higher level . hope price will up again with higher volume on trading. Smiley.
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