i cant find the right volumes for bitcoin

talkbitcoin

legendary

Activity: 1372

Merit: 1032

All I know is that I know nothing.

Quote from: mindrust on May 26, 2017, 04:31:50 AM

The only thing bugs me is that the tremendous amount of cny volume from the 01/15 till 01/17. I don't know if there was any CNY/BTC volume like this. Looks suspicious. It is also me might be missing something.

you are missing the news that PBoC finally concluded their investigation and set a final date for Chinese exchange to come back in June (5 more days)! they are supposedly going to open deposit/withdrawals and resume their work again.

http://www.newsbtc.com/2017/05/10/chinese-bitcoin-exchanges-may-resume-btc-withdrawals-june-new-regulation-introduced/

foxbat

sr. member

Activity: 484

Merit: 250

Quote from: mindrust on May 26, 2017, 04:31:50 AM

I don't know if it is a bit too late but i just happen to find what you are exactly looking for:

http://data.bitcoinity.org/markets/volume/7d?c=c&t=b

As you see, the day you created this thread, EUR volume was too low. It is not bad lately though. It was nowhere near to have the most volume.

The only thing bugs me is that the tremendous amount of cny volume from the 01/15 till 01/17. I don't know if there was any CNY/BTC volume like this. Looks suspicious. It is also me might be missing something.

You seem to have thought too much, and I feel that it is perfectly normal, and it is no surprise that the CNY is rising, because bitcoins are becoming more common. Look at the US Dollar, it is more terrible than anything. I suppose you are too skeptical, CNY still carry large volume at earlier times.

mindrust

legendary

Activity: 3276

Merit: 2442

I don't know if it is a bit too late but i just happen to find what you are exactly looking for:

http://data.bitcoinity.org/markets/volume/7d?c=c&t=b

As you see, the day you created this thread, EUR volume was too low. It is not bad lately though. It was nowhere near to have the most volume.

The only thing bugs me is that the tremendous amount of cny volume from the 01/15 till 01/17. I don't know if there was any CNY/BTC volume like this. Looks suspicious. It is also me might be missing something.

babar123

sr. member

Activity: 481

Merit: 258

Quote from: mindrust on May 19, 2017, 10:36:35 AM

The merkle is probably lying. The article is poorly written and the numbers in the article has no sources or whatsoever. They linked coinmarketcap but it would take too much work to come up with a number from there. Cryptocompare.com on the other hand, gives us real time numbers.

The merkle also might be collecting data mainly from eurozone exchanges. So EURO stays on top, naturally.

However, I made a calculation based on the information at coinmarketcap myself:

*I didn't include the zero fee exchanges.*
EUR 24H volume: 14,823,399.00 USD
CNY 24H volume: 5,912,012.00 USD
JPY 24H volume: 33,186,500.00 USD
USD 24H volume: 130,020,518.00 USD

Total volume: 183,942,429.00 USD

USD: %70.68544148
EUR: %8.058716567
JPY: %18.04178632
CNY: %3.214055633
----------------------------------------

**I included the zero fee exchanges.**
EUR 24H volume: 16,773,029.00 USD
CNY 24H volume: 60,303,216.00 USD
JPY 24H volume: 113,726,100.00 USD
USD 24H volume: 182,247,188.00 USD

Total volume: 373,049,533.00 USD

USD: %48.85334838
EUR: %4.496193539
JPY: %30.48552268
CNY: %16.16493539
-----------------------------------------

Conclusion: The merkle is lying. There isn't any EUR volume as they suggested.

thanks a lot, high quality answer !

mindrust

legendary

Activity: 3276

Merit: 2442

The merkle is probably lying. The article is poorly written and the numbers in the article has no sources or whatsoever. They linked coinmarketcap but it would take too much work to come up with a number from there. Cryptocompare.com on the other hand, gives us real time numbers.

The merkle also might be collecting data mainly from eurozone exchanges. So EURO stays on top, naturally.

However, I made a calculation based on the information at coinmarketcap myself:

*I didn't include the zero fee exchanges.*
EUR 24H volume: 14,823,399.00 USD
CNY 24H volume: 5,912,012.00 USD
JPY 24H volume: 33,186,500.00 USD
USD 24H volume: 130,020,518.00 USD

Total volume: 183,942,429.00 USD

USD: %70.68544148
EUR: %8.058716567
JPY: %18.04178632
CNY: %3.214055633
----------------------------------------

**I included the zero fee exchanges.**
EUR 24H volume: 16,773,029.00 USD
CNY 24H volume: 60,303,216.00 USD
JPY 24H volume: 113,726,100.00 USD
USD 24H volume: 182,247,188.00 USD

Total volume: 373,049,533.00 USD

USD: %48.85334838
EUR: %4.496193539
JPY: %30.48552268
CNY: %16.16493539
-----------------------------------------

Conclusion: The merkle is lying. There isn't any EUR volume as they suggested.

babar123

sr. member

Activity: 481

Merit: 258

all sites say something different: what the hell ?

https://www.cryptocompare.com/coins/btc/analysis/USD

https://themerkle.com/top-4-fiat-to-bitcoin-trading-markets-over-the-past-24-hours/

someone please help me( one site say eur leading the other say eur is last behind usd and jpy...

why opposite assessments ?

Topic: i cant find the right volumes for bitcoin (Read 358 times)