Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker
by
adamstgBit
on 20/12/2012, 18:44:20 UTC
We've seen decreasing volume since this year's high, with an overall decreasing volume for the year.

Do you take into account things like https://localbitcoins.com/statistics when talking about decreasing volume?

As someone who would tend to avoid mixing Bitcoin with the traditional banking system, I have to wonder how much volume exists that we simply can't measure, and if that is increasing thanks to websites such as localbitcoins.com or not? And if it is, how does it compare to the figures from Gox, et cetera? And if we did have numbers, what type of people are more likely to exchange locally as opposed to Gox? For example, I doubt daytraders would use a local exchange, but a long term investor might? And is any of that significant or meaningless?

good point.
also Gox itself appears to be losing a lot of its 90% market share, while all the others are gaining more volume.

add to that a slowly growing economy, and we have more then enough reasons for the drop in vol.