BTC-E now having largest daily trading volume - page 3.

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: LiteCoinGuy on December 17, 2013, 11:23:04 AM

Quote from: bryant.coleman on December 17, 2013, 11:13:02 AM

Quote from: empoweoqwj on December 17, 2013, 11:07:50 AM

That's very impressive. Anyone know what has lead to the rise of btc-e?

ROFLMAO. Actually it is not the rise of the BTC-E. It is due to the decline of the other exchanges.

BTC China volume has declined by more than 50%, and Mt Gox has also declined considerably. BTC-E is having near-100% market share in the CIS nations (Russia, Ukraine, Belarus.etc) and the volumes haven't changed much. Also, I have heard that BTC-E is keen on expanding to China.

why is there only one exchange for eastern europe Huh

? or maybe i dont know the others...

bitstamp is in slovenia so I'm sure they server eastern europe as well. btc-e seems to have found a great niche i.e. people trading litecoins when other exchanges have ignored them, even when (mtgox for example) promised to support them.

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

Quote from: bryant.coleman on December 17, 2013, 11:13:02 AM

Quote from: empoweoqwj on December 17, 2013, 11:07:50 AM

That's very impressive. Anyone know what has lead to the rise of btc-e?

ROFLMAO. Actually it is not the rise of the BTC-E. It is due to the decline of the other exchanges.

BTC China volume has declined by more than 50%, and Mt Gox has also declined considerably. BTC-E is having near-100% market share in the CIS nations (Russia, Ukraine, Belarus.etc) and the volumes haven't changed much. Also, I have heard that BTC-E is keen on expanding to China.

why is there only one exchange for eastern europe Huh

? or maybe i dont know the others...

BitcoinWalker

full member

Activity: 127

Merit: 100

$Gangnam works hard, so you don't have to.

Quote from: bryant.coleman on December 17, 2013, 11:13:02 AM

Quote from: empoweoqwj on December 17, 2013, 11:07:50 AM

That's very impressive. Anyone know what has lead to the rise of btc-e?

ROFLMAO. Actually it is not the rise of the BTC-E. It is due to the decline of the other exchanges.

the volumes haven't changed much.

This shows that you did not watch what happened on BTC-E closely. Their daily volume was much less than what they are having now.

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Quote from: empoweoqwj on December 17, 2013, 11:07:50 AM

That's very impressive. Anyone know what has lead to the rise of btc-e?

ROFLMAO. Actually it is not the rise of the BTC-E. It is due to the decline of the other exchanges.

BTC China volume has declined by more than 50%, and Mt Gox has also declined considerably. BTC-E is having near-100% market share in the CIS nations (Russia, Ukraine, Belarus.etc) and the volumes haven't changed much. Also, I have heard that BTC-E is keen on expanding to China.

BitcoinWalker

full member

Activity: 127

Merit: 100

$Gangnam works hard, so you don't have to.

Quote from: empoweoqwj on December 17, 2013, 11:07:50 AM

Quote from: BitcoinWalker on December 17, 2013, 11:00:46 AM

After the Bitcoin fever fell away in China, BTC-E has replaced BTCChina as the busiest trading exchange with a daily trading volume of nearly 100,000 BTC for the last couple of days.

As of now, the 24h volumes on the major exchanges are as follows:
90,926.90 BTC (BTC-E)
53,397.50 BTC (MtGox)
72,490.70 BTC (Bitstamp)
80,510.30 BTC (BTCChina)

That's very impressive. Anyone know what has lead to the rise of btc-e?

Commodities alone, they do a combination of different cryptos, i.e BTC, LTC, NMC... There could be some other factors too.

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: BitcoinWalker on December 17, 2013, 11:00:46 AM

After the Bitcoin fever fell away in China, BTC-E has replaced BTCChina as the busiest trading exchange with a daily trading volume of nearly 100,000 BTC for the last couple of days.

As of now, the 24h volumes on the major exchanges are as follows:
90,926.90 BTC (BTC-E)
53,397.50 BTC (MtGox)
72,490.70 BTC (Bitstamp)
80,510.30 BTC (BTCChina)

That's very impressive. Anyone know what has lead to the rise of btc-e?

viajero

member

Activity: 110

Merit: 10

why is BTC-E not listed on bitcoincharts.com anymore?

BitcoinWalker

full member

Activity: 127

Merit: 100

$Gangnam works hard, so you don't have to.

After the Bitcoin fever fell away in China, BTC-E has replaced BTCChina as the busiest trading exchange with a daily trading volume of nearly 100,000 BTC for the last couple of days.

As of now, the 24h volumes on the major exchanges are as follows:
90,926.90 BTC (BTC-E)
53,397.50 BTC (MtGox)
72,490.70 BTC (Bitstamp)
80,510.30 BTC (BTCChina)

Topic: BTC-E now having largest daily trading volume - page 3. (Read 3805 times)