4 ms·
Just looking at Mt. Gox, the volume in each hour of the day is such a small representation of the overall amount of BTC out there, it seems perfectly reasonable
by apaprocki 14y ago
Just looking at Mt. Gox, the volume in each hour of the day is such a small representation of the overall amount of BTC out there, it seems perfectly reasonable you'd see such crazy swings. Most hours it seems there is <= 5,000 volume. If there is no real liquidity when buying or selling any instrument, the price will swing.