Quote from: strawbs on July 17, 2016, 10:20:35 AM

Quote from: JayJuanGee on July 16, 2016, 10:23:19 PM

Quote from: angaper on July 16, 2016, 09:57:10 PM

Quote from: strawbs on July 16, 2016, 09:30:09 PM

Bitcoinland is so, so quiet.....

Unexpectedly quiet, when most bitcoiners were planning how to manage their new wealth after the highly expected halving.

You can talk all you like about quietness in bitcoinlandia, but there is nothing unusual about spurts and slowdowns in volume, and we can especially experience slow downs in volume over the weekends and during price consolidation periods.

Sometimes, the slow downs in volume are especially signs that both sides are waiting for the other side to act (talking about bears and bulls, here), and the low volume could continue for an additional extended period of time (another few weeks) or result in a sudden break out and an increase in volume that comes from one side attempting to make a move and to take advantage of the low volume in an attempt to push for a break out (either direction).

Yeah, people can become anxious during these kinds of lower volume consolidation periods because they want some kind of action, including price movement, but for anyone who has been in bitcoin for a while, these kinds of phases are not really unusual or unexpected.

Check past volumes. They are particularly low recently.

Are you suggesting that there is something to worry about? I am merely arguing that it seems that volume goes down during periods of consolidation (which is kind of like a wait and see period). I personally believe that the lower volume during the past several days (including the weekend) is not unusual and doesnt really mean anything, except that we are in a kind of consolidation period.