Author

Topic: BTC china exchange gaining marketshare? (Read 1607 times)

sr. member
Activity: 448
Merit: 250
May 12, 2013, 10:30:29 PM
#8
A friend messaged me asking how to buy bitcoins. I gave the standard explanation, and then said "Stay the hell away from Mt. Gox."

That x 1000 is one reason Gox volume isn't quite keeping up. Even the people still using Gox aren't exactly recommending it to their braindead bros when they ask "yo dude how do I get in on this BTC shit... need me some silk road reefah." Instead of "Go to Gox" it's "Go anywhere except Gox."

And of course, BTCChina has their little communist commercial to blame. To all who say it's hype - yes it's hype. But you can't ignore the cold, hard numbers Grin (Except, of course, wobbers numbers, which are wrong)

Let us see how this all plays out.
legendary
Activity: 1064
Merit: 1001
Nevermind, I double checked and volume on BTC china is about 600... Way smaller then mtgox. my bad.
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
Just saw that volume on BTC China is equal to the volume on Mtgox...

I don't see that. Do you have a graphic of recent daily vols?
legendary
Activity: 1064
Merit: 1001
Just saw that volume on BTC China is equal to the volume on Mtgox...
full member
Activity: 238
Merit: 100
Not surprised at all, I think they will keep growing, mass adoption has yet to come
hero member
Activity: 938
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
Gox volume is also down, which I am sure is part of it.
legendary
Activity: 1246
Merit: 1079
If you need confirmation of the Chinese Bitcoin horde look no further than this very forum.
sr. member
Activity: 294
Merit: 250
I'm just looking at bitcoinity averages...

the 30day average of btc china is %4.40
the 7 day average is %5.41
the 3 day avg is %8.07
24 avg is %7.83


it looks like it might be growing.........
maybe?
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