Chinese just know how to attract business: with low fees....
Topic: [2016-06-05] Chinese 24-hour Trading Volume Nears 1m Bitcoin As Price Recovers (Read 338 times)
June 05, 2016, 04:08:48 PM
June 05, 2016, 07:13:09 AM
These trading volumes are unreliable. With 0% transaction volumes, a couple of people can generate volumes of 1m (at no cost) by trading amongst themselves.
Nothing new. This has been happening for more than a year now. But then again, not only Chinese exchanges are doing this. Basically every decent exchange is trying to make its volume look higher than it in reality is.
June 05, 2016, 05:07:39 AM
These trading volumes are unreliable. With 0% transaction volumes, a couple of people can generate volumes of 1m (at no cost) by trading amongst themselves.
June 05, 2016, 04:34:02 AM
China actually move more than 90% of btc... I hope is a good sign!
June 05, 2016, 04:32:23 AM
On the Chinese side of the scale, trading volume has been slightly dipping compared to a week ago. However, there is still over 750,000 BTC traded on a daily basis, which is far more than all of the other markets combined. Moreover, over the past 24 hours, nearly 1 million Bitcoin has been traded against in CNY markets.
http://themerkle.com/chinese-24-hour-trading-volume-nears-1m-bitcoin-as-price-recovers/
http://themerkle.com/chinese-24-hour-trading-volume-nears-1m-bitcoin-as-price-recovers/
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