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Offline Chuckone

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The reason behind low BTSX trading volume?
« on: October 03, 2014, 11:54:21 AM »

I was just wondering if there was a plausible explanation for the suddenly very low trading volumes for BTSX? From the data available on CMC, there's a volume of about 180BTC across all exchanges...

It's very low compared to what it was in the last few weeks...

At least the price is fairly stable, so it doesn't mean people are losing faith in BTSX (how could they be anyway, it's awesome!)

Offline Riverhead

Re: The reason behind low BTSX trading volume?
« Reply #1 on: October 03, 2014, 11:58:23 AM »
75% of the volume was from China and there is a major protest going right now in Hong Kong. Would be interesting to know if there's a relationship between that and the low volume.

Offline mf-tzo

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Re: The reason behind low BTSX trading volume?
« Reply #2 on: October 03, 2014, 02:13:30 PM »
I doubt that is the case... any other explanations?

Offline bytemaster

Re: The reason behind low BTSX trading volume?
« Reply #3 on: October 03, 2014, 02:15:43 PM »
People are happy with their positions and the valuation of BTSX is holding steady.   
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Offline mf-tzo

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Re: The reason behind low BTSX trading volume?
« Reply #4 on: October 03, 2014, 02:16:47 PM »

Quote
People are happy with their positions and the valuation of BTSX is holding steady. 

I prefer much more this explanation...

Offline Mysto

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Re: The reason behind low BTSX trading volume?
« Reply #5 on: October 03, 2014, 06:23:40 PM »

Quote
People are happy with their positions and the valuation of BTSX is holding steady. 

I prefer much more this explanation...

If you think about it this is the best explanation.

 

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