BitShares Forum

Main => General Discussion => Topic started by: Chuckone on October 03, 2014, 11:54:21 am

Title: The reason behind low BTSX trading volume?
Post by: Chuckone 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!)

Title: Re: The reason behind low BTSX trading volume?
Post by: Riverhead 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.

Title: Re: The reason behind low BTSX trading volume?
Post by: mf-tzo on October 03, 2014, 02:13:30 pm

I doubt that is the case... any other explanations?

Title: Re: The reason behind low BTSX trading volume?
Post by: bytemaster on October 03, 2014, 02:15:43 pm

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

Title: Re: The reason behind low BTSX trading volume?
Post by: mf-tzo 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...

Title: Re: The reason behind low BTSX trading volume?
Post by: Mysto on October 03, 2014, 06:23:40 pm

Quote from: mf-tzo 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...

If you think about it this is the best explanation.