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Title: Most traded National Currencies for Bitcoin Post by: nururochac on June 30, 2015, 02:53:30 AM https://www.coinhills.com/market/currency/
Although it's limited to the data of exchanges, I think it could show the Bitcoin-enthusiastic countries among the global markets. How do you think about? As far as I know Bitfinex does not support btc/eur orderbook but only support btc/usd. Bitfinex provide us Btc/usd ticker data via its public interface. Therefore, I think your story is right currently. Title: Re: Most traded National Currencies for Bitcoin Post by: HeroCat on June 30, 2015, 06:33:26 AM Most traded curency for BTC is USD. It is easy to understand - if you look in this forum, for example ;D
Title: Re: Most traded National Currencies for Bitcoin Post by: noel57 on June 30, 2015, 09:06:09 AM There is a reddit discussion on this visit http://www.reddit.com/r/BitcoinMarkets/comments/3ai4gt/most_traded_national_currencies_for_bitcoin/
Title: Re: Most traded National Currencies for Bitcoin Post by: Derrike on July 22, 2015, 06:32:48 AM Most traded curency for BTC is USD. It is easy to understand - if you look in this forum, for example ;D i don't think so. As most people who mine the bitcoin are Chinese so according to my opinion the most traded currency for Bitcoin is Chinese Yunnan. Title: Re: Most traded National Currencies for Bitcoin Post by: Mickeyb on July 22, 2015, 02:33:55 PM I also think that the most traded currency is Chinese Yuan. China is a huge Bitcoin market. On the other side, yes we are all used to looking at BTC price in USD, even us, folks from Europe. To me it's just weird to look the worth in Euros.
Title: Re: Most traded National Currencies for Bitcoin Post by: Outlander on July 23, 2015, 12:31:20 PM https://www.coinhills.com/market/currency/ From the website we know the most traded currency are Chinese Yuan, the second is Dollar, the third is Euro! Coz the largest hashing power is coming from Chinese, the ppl there are fascinating trading bitcoin!Although it's limited to the data of exchanges, I think it could show the Bitcoin-enthusiastic countries among the global markets. How do you think about? As far as I know Bitfinex does not support btc/eur orderbook but only support btc/usd. Bitfinex provide us Btc/usd ticker data via its public interface. Therefore, I think your story is right currently. Title: Re: Most traded National Currencies for Bitcoin Post by: Derrike on July 25, 2015, 03:12:56 PM From the website we know the most traded currency are Chinese Yuan, the second is Dollar, the third is Euro! Coz the largest hashing power is coming from Chinese, the ppl there are fascinating trading bitcoin! They are doing which is profitable for them as they mine coins, accumulate them and create a hyper inflation and sell those coins at manipulated prices. Title: Re: Most traded National Currencies for Bitcoin Post by: pedrog on July 25, 2015, 10:17:31 PM I was under the impression it was the Chinese currency, not only for bitcoin but also litecoin, and probably for a bunch of other altcoins also.
Title: Re: Most traded National Currencies for Bitcoin Post by: CoinBateman on July 26, 2015, 05:05:31 PM I was under the impression it was the Chinese currency, not only for bitcoin but also litecoin, and probably for a bunch of other altcoins also. I don't really know how to truly gauge these claims. Whilst face value China does have the largest trading volume, we can't be sure how much of the volume is just the exchange wash trading. We have already heard from cpzhao regarding the less than impressionable practices going on over at OkCasino (OKCoin) and it wouldn't surprise me one bit if it were the same in every exchange in China. In terms of trade as a result of a well rounded eco-system, I think the USD has the win by far. You will be hard pressed to find the same kind of Bitcoin adoption from merchants and services anywhere in China, but it is growing rapidly in the west. Title: Re: Most traded National Currencies for Bitcoin Post by: aakashsangwan on July 27, 2015, 05:58:15 PM Most traded curency for BTC is USD. It is easy to understand - if you look in this forum, for example ;D i don't agree with you and strongly feel that Chinese Yunnan is the most traded currency for Bitcoin. As most of the mining power is with Chinese and most of the market is also in control of them. Title: Re: Most traded National Currencies for Bitcoin Post by: jeannemadrigal2 on July 27, 2015, 06:05:02 PM I was under the impression it was the Chinese currency, not only for bitcoin but also litecoin, and probably for a bunch of other altcoins also. I don't really know how to truly gauge these claims. Whilst face value China does have the largest trading volume, we can't be sure how much of the volume is just the exchange wash trading. We have already heard from cpzhao regarding the less than impressionable practices going on over at OkCasino (OKCoin) and it wouldn't surprise me one bit if it were the same in every exchange in China. In terms of trade as a result of a well rounded eco-system, I think the USD has the win by far. You will be hard pressed to find the same kind of Bitcoin adoption from merchants and services anywhere in China, but it is growing rapidly in the west. What about okcoin? Are you saying they make fake volume on their exchange? I didnt see what cpzhao said, if you have a link I would appreciate it :) Title: Re: Most traded National Currencies for Bitcoin Post by: bojan92 on August 04, 2015, 05:38:12 PM American dollar would be the most traded currency for Bitcoin, because it is used by a very big group of people and also, many people that do not leave in the United States of America that buy bitcoins work for american people or companies and are paid in dollars :)
I didn't expected that the Chinese yen was the most traded currency for bitcoin. Title: Re: Most traded National Currencies for Bitcoin Post by: CoinBateman on August 04, 2015, 05:46:30 PM I was under the impression it was the Chinese currency, not only for bitcoin but also litecoin, and probably for a bunch of other altcoins also. I don't really know how to truly gauge these claims. Whilst face value China does have the largest trading volume, we can't be sure how much of the volume is just the exchange wash trading. We have already heard from cpzhao regarding the less than impressionable practices going on over at OkCasino (OKCoin) and it wouldn't surprise me one bit if it were the same in every exchange in China. In terms of trade as a result of a well rounded eco-system, I think the USD has the win by far. You will be hard pressed to find the same kind of Bitcoin adoption from merchants and services anywhere in China, but it is growing rapidly in the west. What about okcoin? Are you saying they make fake volume on their exchange? I didnt see what cpzhao said, if you have a link I would appreciate it :) https://www.reddit.com/r/Bitcoin/comments/37tm1b/czs_statement_regarding_the_dispute_between/ This is cpzhaos' statement which was issued surrounding the dispute between okcoin and roger ver over bitcoin.com Interestingly, most of this was speculated to be happening way before. Didn't come at a surprise to me when someone on the inside confirms this. Title: Re: Most traded National Currencies for Bitcoin Post by: BTCjust on August 05, 2015, 05:44:35 AM in fact, so many orders on bitfinex are copying from bitstamp.
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