Volume in China is still (as of now) higher than elsewhere. For what that is worth.
That's just because the transaction fees are 0. There are actually fewer bitcoins involved altogether.
Topic: China is not participating in this "Dead Cat Bounce" - page 3. (Read 4192 times)
That's just because the transaction fees are 0. There are actually fewer bitcoins involved altogether.
Volume in China is still (as of now) higher than elsewhere. For what that is worth.
True however China's price in USD equivelent is still higher than any USD exchange (4200 CNY is ~$690 USD).
What is interesting is the spread between exchanges has narrowed.
From the bottom China rose the least and Bitstamp rose the most. The gap between all three exchanges is now smaller than at the peak.
Not sure what that means (if anything) but I thought it interesting.
Non-Chinese exchanges had a bounce from the 400's. China is only up slightly from its low.
True however China's price in USD equivelent is still higher than any USD exchange (4200 CNY is ~$690 USD).
What is interesting is the spread between exchanges has narrowed.
From the bottom China rose the least and Bitstamp rose the most. The gap between all three exchanges is now smaller than at the peak.
Not sure what that means (if anything) but I thought it interesting.
Non-Chinese exchanges had a bounce from the 400's. China is only up slightly from its low.
True however China's price in USD equivelent is still higher than any USD exchange (4200 CNY is ~$690 USD).
What is interesting is the spread between exchanges has narrowed.
From the bottom China rose the least and Bitstamp rose the most. The gap between all three exchanges is now smaller than at the peak.
Not sure what that means (if anything) but I thought it interesting.
Non-Chinese exchanges had a bounce from the 400's. China is only up slightly from its low.
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