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Title: i cant find the right volumes for bitcoin Post by: babar123 on May 19, 2017, 02:53:49 PM 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 ? Title: Re: i cant find the right volumes for bitcoin Post by: mindrust on May 19, 2017, 03:36:35 PM 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. Title: Re: i cant find the right volumes for bitcoin Post by: babar123 on May 19, 2017, 07:29:49 PM 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 ! Title: Re: i cant find the right volumes for bitcoin Post by: mindrust on May 26, 2017, 09:31:50 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 https://i.imgur.com/3IlgOTO.png 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. Title: Re: i cant find the right volumes for bitcoin Post by: foxbat on May 26, 2017, 09:42:17 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 https://i.imgur.com/3IlgOTO.png 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. Title: Re: i cant find the right volumes for bitcoin Post by: talkbitcoin on May 26, 2017, 11:22:28 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/ |
