Bitcoin Forum

Economy => Speculation => Topic started by: smoothie on August 07, 2012, 10:28:25 PM



Title: Total Fiat in the Exchanges
Post by: smoothie on August 07, 2012, 10:28:25 PM
Let's speculate on the total fiat that is sitting on the exchanges right now.

Any educated guesses?


Title: Re: Total Fiat in the Exchanges
Post by: niko on August 07, 2012, 10:37:05 PM
Why?


Title: Re: Total Fiat in the Exchanges
Post by: smoothie on August 07, 2012, 10:38:08 PM
It gives an idea as to how much money is waiting on the exchanges not in the buy order book that is waiting to flow into bitcoin.

THAT'S WHY!


Title: Re: Total Fiat in the Exchanges
Post by: adamstgBit on August 07, 2012, 11:30:50 PM
a bit more then 2 million?


Title: Re: Total Fiat in the Exchanges
Post by: niko on August 07, 2012, 11:45:47 PM
It gives an idea as to how much money is waiting on the exchanges not in the buy order book that is waiting to flow into bitcoin.

THAT'S WHY!

I see. There is the easy way, and the samurai way. The easy way is to ask the exchanges politely to publish compounded data.
The samurai way cannot be discussed in public, plus the samurai would keep the answer for themselves.


Title: Re: Total Fiat in the Exchanges
Post by: smoothie on August 07, 2012, 11:55:37 PM
It gives an idea as to how much money is waiting on the exchanges not in the buy order book that is waiting to flow into bitcoin.

THAT'S WHY!

I see. There is the easy way, and the samurai way. The easy way is to ask the exchanges politely to publish compounded data.
The samurai way cannot be discussed in public, plus the samurai would keep the answer for themselves.

I kind of think that they can't disclose that information publicly.



Title: Re: Total Fiat in the Exchanges
Post by: niko on August 08, 2012, 01:36:58 AM
It gives an idea as to how much money is waiting on the exchanges not in the buy order book that is waiting to flow into bitcoin.

THAT'S WHY!

I see. There is the easy way, and the samurai way. The easy way is to ask the exchanges politely to publish compounded data.
The samurai way cannot be discussed in public, plus the samurai would keep the answer for themselves.

I kind of think that they can't disclose that information publicly.



Why not? They disclose lots of other things. Publishing a current total of funds held would in no way expose personal information on individuals. Also, publishing makes it public, so there is no unfair advantage to anyone.


Title: Re: Total Fiat in the Exchanges
Post by: smoothie on August 08, 2012, 02:16:07 AM
It gives an idea as to how much money is waiting on the exchanges not in the buy order book that is waiting to flow into bitcoin.

THAT'S WHY!

I see. There is the easy way, and the samurai way. The easy way is to ask the exchanges politely to publish compounded data.
The samurai way cannot be discussed in public, plus the samurai would keep the answer for themselves.

I kind of think that they can't disclose that information publicly.



Why not? They disclose lots of other things. Publishing a current total of funds held would in no way expose personal information on individuals. Also, publishing makes it public, so there is no unfair advantage to anyone.

Hey if they ever do publish a chart of incoming FIAT and outgoing transfer totals on a daily/hourly basis. Let me know. That information would be useful in determining overall market direction.

 ;D