Quote from: minerpumpkin on July 24, 2014, 03:40:36 PM

Quote from: justusranvier on July 24, 2014, 03:34:42 PM

Quote from: minerpumpkin on July 24, 2014, 03:26:18 PM

Quote from: wachtwoord on July 24, 2014, 03:19:36 PM

there are few sellers, hence the lack of volume.

Currently there's been not much volume (until a few hours ago), but the tale of the decreasing volume is flawed! Take a look at the cumulative volume graph across the exchanges: https://data.bitcoinity.org/markets/volume/2y?c=e&t=a&volume_unit=btc (Take a look at the 2y graph!) We're at least at the same levels as last year - if not even higher!

Far too few people seem to realize data.bitcoinity.org exists.

Try increasing the time increments to get a better picture:

https://data.bitcoinity.org/markets/volume/2y?c=e&r=month&t=a&volume_unit=btc

Only problem with their charts is the last point on the right side is always a bit distorted because the last interval is incomplete.

How can we spread the news? I keep on hearing about decreasing volume and things having changed in the meantime, yet this indicates otherwise.

I like this chart; however, iT still remains quite funny how China volume seems to drive the BTC price market... even though there maybe been many allegations that a large part of chinese volume is fake.