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Topic: USD volume traded in bitcoin - is the chainblock reliable? (Read 816 times)

full member
Activity: 228
Merit: 100
Is this the amount of BTC/USD going through all exchanges?


No, trading on exchanges is only just a number and not concerd with any blocks
legendary
Activity: 1358
Merit: 1001
https://gliph.me/hUF
Whats with the spike in transactions? You'd think this would correlate to a possible price spike? Can anyone determine where it's coming from?

https://www.coinbase.com/charts

Some sort of spam experiment: https://bitcointalksearch.org/topic/a-scaled-up-spam-experiment-spamtheblockchain-as-a-service-1075590
legendary
Activity: 1498
Merit: 1000
Whats with the spike in transactions? You'd think this would correlate to a possible price spike? Can anyone determine where it's coming from?

https://www.coinbase.com/charts
legendary
Activity: 1358
Merit: 1001
https://gliph.me/hUF
staff
Activity: 3458
Merit: 6793
Just writing some code
The number on blockchain.info is an estimate of the USD value of all of the transactions, not how much was traded from Bitcoin to USD. You will have to get data from all of the exchanges in order to see how much BTC was traded for USD and vice versa.
newbie
Activity: 2
Merit: 0
I need the information on the daily/ quartarly volume for BTC/USD transactions.

In the chainBlocck, there's an estimate of UDS transaction volume. However, is this reliable?
https://blockchain.info/charts/estimated-transaction-volume-usd?timespan=60days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

Is this the amount of BTC/USD going through all exchanges?

I want the clean number of USD put into bitcoins - not what's been traded in the block chain.

I've used this chart also and plottet each exchange's volume for each day
http://www.cryptocoincharts.info/pair/btc/usd/okcoin/3-months

However - the numbers I get are highly different from the blockchain estimate.

Any help to get on the subject would be MUCH appreciated Smiley
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