Post
Topic
Board Speculation
Re: Why did BTC drop to $570 level?
by
DjPxH
on 12/08/2014, 12:17:36 UTC
Most worrisome to me is that this drop is caused by very low volume. Less than 9k btc.
For an individual that's a lot but at the beginning of this year we had 30-50k btc trading volumes.

Umm, could you tell me exactly where the volume is decreasing? http://data.bitcoinity.org/markets/volume/2y?c=e&t=a&volume_unit=btc People always claim it is, yet all the available data seems to indicate that it just isn't true!