Bitcoin Forum

Economy => Speculation => Topic started by: notig on May 11, 2013, 02:20:14 AM



Title: BTC china exchange gaining marketshare?
Post by: notig on May 11, 2013, 02:20:14 AM
I'm just looking at bitcoinity averages...

the 30day average of btc china is %4.40
the 7 day average is %5.41
the 3 day avg is %8.07
24 avg is %7.83


it looks like it might be growing.........
maybe?


Title: Re: XBT china exchange gaining marketshare?
Post by: dree12 on May 11, 2013, 02:26:07 AM
If you need confirmation of the Chinese Bitcoin horde look no further than this very forum (https://bitcointalk.org/index.php?topic=197497.msg2105000#msg2105000).


Title: Re: BTC china exchange gaining marketshare?
Post by: Babylon on May 11, 2013, 02:28:55 AM
Gox volume is also down, which I am sure is part of it.


Title: Re: BTC china exchange gaining marketshare?
Post by: ronaldlee0917 on May 11, 2013, 07:38:06 AM
Not surprised at all, I think they will keep growing, mass adoption has yet to come


Title: Re: BTC china exchange gaining marketshare?
Post by: wobber on May 13, 2013, 03:10:16 AM
Just saw that volume on BTC China is equal to the volume on Mtgox...


Title: Re: BTC china exchange gaining marketshare?
Post by: solex on May 13, 2013, 03:18:25 AM
Just saw that volume on BTC China is equal to the volume on Mtgox...

I don't see that. Do you have a graphic of recent daily vols?


Title: Re: BTC china exchange gaining marketshare?
Post by: wobber on May 13, 2013, 03:19:53 AM
Nevermind, I double checked and volume on BTC china is about 600... Way smaller then mtgox. my bad.


Title: Re: BTC china exchange gaining marketshare?
Post by: BitcoinAshley on May 13, 2013, 03:30:29 AM
A friend messaged me asking how to buy bitcoins. I gave the standard explanation, and then said "Stay the hell away from Mt. Gox."

That x 1000 is one reason Gox volume isn't quite keeping up. Even the people still using Gox aren't exactly recommending it to their braindead bros when they ask "yo dude how do I get in on this BTC shit... need me some silk road reefah." Instead of "Go to Gox" it's "Go anywhere except Gox."

And of course, BTCChina has their little communist commercial to blame. To all who say it's hype - yes it's hype. But you can't ignore the cold, hard numbers ;D (Except, of course, wobbers numbers, which are wrong)

Let us see how this all plays out.