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As I've said before, daily volume is the stat to watch. There's been a huge spike in trading today: 2.3m btc on Mt Gox alone, up from 150k yesterday. If marke
by eah13 13y ago
As I've said before, daily volume is the stat to watch. There's been a huge spike in trading today: 2.3m btc on Mt Gox alone, up from 150k yesterday. If markets stay this liquid (or some multiple of their normal liquidity) it'll be a hugely positive sign. We're up to $200m+ of BTC traded on Mt Gox today, and that's a huge fraction of the total value of bitcoin (~$1b). Great sign if volume stays high from here on: the volatility should be dampened quite a bit.
http://bitcoincharts.com/markets/ http://bitcoincharts.com/markets/