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Topic: How many bitcoin are on chinese exchanges? - page 2. (Read 1048 times)

sr. member
Activity: 266
Merit: 256
September 08, 2017, 07:06:20 PM
#5
The four major ones, Bitfinex, OKcoin, Huobi and BTCC hold approx. 23-24% of the total Bitcoin supply. Not counting BCC

But the rumours are looking false so no worry

Where did you find that statistic?  I'm genuinely curious, because I would think that they wouldn't announce that themselves, and it's hard to calculate actual holdings based on volume.  It's even harder to really track bitcoins across addresses on the blockchain.
full member
Activity: 224
Merit: 157
September 08, 2017, 06:43:51 PM
#4
The four major ones, Bitfinex, OKcoin, Huobi and BTCC hold approx. 23-24% of the total Bitcoin supply. Not counting BCC

But the rumours are looking false so no worry

Thanks! Thats a pretty huge number, are really that many bitcoins sitting in (chinese) exchanges? I thought the advice everywhere was to hold outside/in paperwallets for security.

Bitfinex I see listed as Hong Kong, I am not sure if the rumours of a ban would even apply here.
jr. member
Activity: 59
Merit: 10
September 08, 2017, 06:34:43 PM
#3
The four major ones, Bitfinex, OKcoin, Huobi and BTCC hold approx. 23-24% of the total Bitcoin supply. Not counting BCC

But the rumours are looking false so no worry
full member
Activity: 224
Merit: 157
September 08, 2017, 06:30:00 PM
#2
Is this number not possible to estimate by the more knowledgable members?

Because this number surely can take a lot of scarcity away from people.
full member
Activity: 224
Merit: 157
September 08, 2017, 04:28:12 PM
#1
Do we know a % of about how many bitcoins are in chinese exchanges?
I could see many chinese people transfer them out either to paper wallets or for cash.

But it cant be more than like 10% of bitcoin? Thats actually in chinese exchanges?

Thanks.

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