How many bitcoin are on chinese exchanges? - page 2.

anon4250158

sr. member

Activity: 266

Merit: 256

Quote from: xdev on September 08, 2017, 05:34:43 PM

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.

muenze

full member

Activity: 224

Merit: 157

Quote from: xdev on September 08, 2017, 05:34:43 PM

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.

xdev

jr. member

Activity: 59

Merit: 10

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

muenze

full member

Activity: 224

Merit: 157

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.

muenze

full member

Activity: 224

Merit: 157

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.

Topic: How many bitcoin are on chinese exchanges? - page 2. (Read 1054 times)