Author

Topic: Fiatleak Showing US purchases as Chinese? (Read 717 times)

sr. member
Activity: 364
Merit: 250
American1973
April 12, 2014, 03:23:20 AM
#9
What if someone from China purchased through CB?  Cheesy
As far as i know, only US customers can buy Bitcoin on Coinbase. Furthermore, fiatleak has no way to know nationality of buyer for each Bitcoin purchase. That's why i constantly say fiatleak's animation is unrealiable.

Still it is pretty fuckin awesome website.

A stopped clock right two times per day?
full member
Activity: 168
Merit: 100
lol Fiatleak is such a bs website.  Roll Eyes
member
Activity: 112
Merit: 10
Cryptocurrencies Exchange
What if someone from China purchased through CB?  Cheesy
As far as i know, only US customers can buy Bitcoin on Coinbase. Furthermore, fiatleak has no way to know nationality of buyer for each Bitcoin purchase. That's why i constantly say fiatleak's animation is unrealiable.

Not only US customers...

There are many ways to solve this problem too.
TTM
full member
Activity: 140
Merit: 100
What if someone from China purchased through CB?  Cheesy
As far as i know, only US customers can buy Bitcoin on Coinbase. Furthermore, fiatleak has no way to know nationality of buyer for each Bitcoin purchase. That's why i constantly say fiatleak's animation is unrealiable.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
What if someone from China purchased through CB?  Cheesy
newbie
Activity: 20
Merit: 0
i am in china but have also had this feeling since some time
hero member
Activity: 924
Merit: 1001
Is it Chinese owned and you're saying its a shill site for China to make them look like they're buying a lot?
sr. member
Activity: 980
Merit: 256
Decentralized Ascending Auctions on Blockchain
Jeez, fiatleak is so obviously a stupid shill site that I'm surprised it even needs a thread.

THis has been pointed out a million times before
hero member
Activity: 924
Merit: 1001
Aside from the fact that NOBODY in any other country is supposedly buying Bitcoins (other than China)

(nonsense)...

I sat here and watched someone purchase exactly 26.5 Bitcoins just now on Coinbase, with a fee of 1%.

Within 30 seconds saw 26.8 BTC flying across the screen into China.

There is no way that happened coincidentally.  

It looks more like the Bitcoins purchased, plus the Coinbase fee which they give to themselves in Bitcoin.

26.5 x 0.01% = 26.8 (rounded up)

Nothing flew into to the USA for at least 15 minutes after that.  And honestly for nearly an hour before.  

Is Fiatleak a chinese owned website by chance?  I see chinese characters in the top right under the site name.

-B-
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