Bitcoin Forum

Economy => Marketplace => Topic started by: GabrielleGGG on April 16, 2019, 10:21:32 PM



Title: Make a guess, how much did Bitcoin volume change on LocalBitcoins after Apr.1?
Post by: GabrielleGGG on April 16, 2019, 10:21:32 PM
A hint: on Binance, BTC/USDT volume more than doubled up in the following week.

Check this article to see if you guess it right. The answer is quote staggering to me, at least ???. This piece of Medium publication also shares the data-oriented analysis to inspire us the reason behind the scene.

https://medium.com/sophonexchange/the-bitcoin-retail-market-21e1f9790a80?source=friends_link&sk=2d0bd37e708a8ab9090413f6af3b9939


Title: Re: Make a guess, how much did Bitcoin volume change on LocalBitcoins after Apr.1?
Post by: liuqi on April 17, 2019, 03:06:18 PM
A hint: on Binance, BTC/USDT volume more than doubled up in the following week.

Check this article to see if you guess it right. The answer is quote staggering to me, at least ???. This piece of Medium publication also shares the data-oriented analysis to inspire us the reason behind the scene.

https://medium.com/sophonexchange/the-bitcoin-retail-market-21e1f9790a80?source=friends_link&sk=2d0bd37e708a8ab9090413f6af3b9939


You could have asked that how bitcoin have been sold for the fiat cash. That could be sensible on localbitcoins users point of view. I have sold around 1200 USD from the past one month after price value dumped in the marketplace.

Believe me you can get more value in LBC than any exchanges who provide cash conversion.


Title: Re: Make a guess, how much did Bitcoin volume change on LocalBitcoins after Apr.1?
Post by: jamalaezaz on April 18, 2019, 06:51:55 AM
what is the reward of making the right guess? or close to right?  ;D ;D ;D


Title: Re: Make a guess, how much did Bitcoin volume change on LocalBitcoins after Apr.1?
Post by: Kemarit on April 18, 2019, 02:08:40 PM
There are even reports that Argentina, Colombia, and Kazakhstan have reached all-time-high in their LBC transactions as well:

(https://www.reddit.com/r/Bitcoin/comments/be5935/argentina_colombia_and_kazakhstan_just_reached/)

So I'm not surprised by those numbers because it's pretty obvious that the spike last April 2 has a domino effect whether you trading online or OTC or using your localbitoins.