Author

Topic: Weird rounding coincedence in GBP (Read 873 times)

newbie
Activity: 48
Merit: 0
April 08, 2013, 10:47:22 AM
#7
Action is coming from all over the world.  It's just that most people trade in USD due to larger trading volume... Smiley

I was basing this more off Google trends and a mapping of requests than the currency used. It would be interesting to see a more accurate map of transaction but it would obviously have to be taken with a pinch of salt if a lot of transactions are through Mt Gox or Tor.
sr. member
Activity: 378
Merit: 250
April 03, 2013, 12:21:23 PM
#6
Action is coming from all over the world.  It's just that most people trade in USD due to larger trading volume... Smiley
newbie
Activity: 48
Merit: 0
April 03, 2013, 12:18:22 PM
#5
It does seem like all the action is coming from USA
legendary
Activity: 2576
Merit: 1087
April 03, 2013, 12:08:10 PM
#4
They seem pretty thinly traded too, eg when I sell in eur it takes a little while before the EUR rate catches up with dollar moves.
hero member
Activity: 792
Merit: 1000
Bite me
April 03, 2013, 12:07:56 PM
#3
[16:45] BTCGBP ticker | Best bid: 88.15842, Best ask: 92.50000, Bid-ask spread: 4.34158, Last trade: 92.50000, 24 hour volume: 3621.76151374, 24 hour low: 72.00000, 24 hour high: 99.30100, 24 hour vwap: 86.81538
[17:01] BTCGBP ticker | Best bid: 86.75561, Best ask: 91.26930, Bid-ask spread: 4.51369, Last trade: 91.94537, 24 hour volume: 3621.76151374, 24 hour low: 72.00000, 24 hour high: 99.30100, 24 hour vwap: 86.81538
[17:08] BTCGBP ticker | Best bid: 90.00000, Best ask: 92.01569, Bid-ask spread: 2.01569, Last trade: 92.01569, 24 hour volume: 3621.76151374, 24 hour low: 72.00000, 24 hour high: 99.30100, 24 hour vwap: 86.81538
sr. member
Activity: 378
Merit: 250
April 03, 2013, 12:05:00 PM
#2
Transactions in other currencies are traded in those other currencies.  It's not a "translated" USD value.  That's why the volume is also lower...
newbie
Activity: 48
Merit: 0
April 03, 2013, 12:00:10 PM
#1
Just looking at MtGox and not long ago it was at £93.00000 now at £88.00000. Seems to hover around exact whole number of pounds. Just saying...?
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