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Author Topic: what is the percence of the data do you think it is true?  (Read 358 times)
girlbtc.com (OP)
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October 03, 2016, 08:24:22 AM
 #1

what is the percence of the data do you think it is true?

some exchange platform: we have 10,000 bitcoin buy/sell today.

some dice site :         we have 10,000 bitcoin wagered today.


pooya87
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October 03, 2016, 08:42:02 AM
 #2

what is the percence of the data do you think it is true?

some exchange platform: we have 10,000 bitcoin buy/sell today.

some dice site :         we have 10,000 bitcoin wagered today.

where are you bringing this statistics from?
on OkCoin there is a 677,483 BTC volume which is the Chinese top volume market

on Gdax there is 3,428BTC which is the top volume of today on non Chinese markets the total is however nearly 60,000BTC

and to answer your question:
there is always some amount of manipulation everywhere you look. but if i wanted to choose one of these stats to be wrong i would choose the dice site's stats to be way off.

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altcoinhosting
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October 03, 2016, 08:45:59 AM
 #3

what is the percence of the data do you think it is true?

some exchange platform: we have 10,000 bitcoin buy/sell today.

some dice site :         we have 10,000 bitcoin wagered today.



I don't know, but i'd rather believe the dice site... In a standard dice site, if i would wager 1 BTC, i'd have a 49.5% chance of winning 2 BTC and a 50.5% chance of losing everything... If i win, and keep playing, i'd re-wager some of my winnings, so the 1BTC would keep on adding wagered amounts to their counter....
Basically, what i wanted to say, it's possible to deposit 1 BTC to a dice site, withdraw 2 BTC the next day, it's possible i have having wagered 100BTC to go from 1 BTC to 2 BTC.
On the other hand, an exchange site can only count the BTC they have actually sold...

That being said, 10,000 BTC is a lot, i wouldn'd really believe any site that says they sold/wagered 10.000 BTC/day... Untill proven otherwise Wink

andyste
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October 03, 2016, 08:48:53 AM
 #4

what is the percence of the data do you think it is true?

some exchange platform: we have 10,000 bitcoin buy/sell today.

some dice site :         we have 10,000 bitcoin wagered today.



if you want see acurate or not
you can see in stastitic in coinmarket cap, in there sell and buy this calculate automatic not manipulate

but if you say dice site you can't find compare about statistic true or not
pooya87
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October 03, 2016, 08:53:55 AM
 #5

what is the percence of the data do you think it is true?

some exchange platform: we have 10,000 bitcoin buy/sell today.

some dice site :         we have 10,000 bitcoin wagered today.



I don't know, but i'd rather believe the dice site... In a standard dice site, if i would wager 1 BTC, i'd have a 49.5% chance of winning 2 BTC and a 50.5% chance of losing everything... If i win, and keep playing, i'd re-wager some of my winnings, so the 1BTC would keep on adding wagered amounts to their counter....
Basically, what i wanted to say, it's possible to deposit 1 BTC to a dice site, withdraw 2 BTC the next day, it's possible i have having wagered 100BTC to go from 1 BTC to 2 BTC.
On the other hand, an exchange site can only count the BTC they have actually sold...

That being said, 10,000 BTC is a lot, i wouldn'd really believe any site that says they sold/wagered 10.000 BTC/day... Untill proven otherwise Wink

the thing that you are missing is that on a gambling site like a dice site, there are so many people making 1 satoshi bets and even high rollers are going as high as 0.01-0.1 and there are so rare occasions that you see someone (correct: some account that can be fake even) is making 1+BTC bets.

but in trading the small time traders are also making bigger trades 0.001BTC size and there are so many "high rollers" trading 1+BTC

just watch the orderbook and the bets history next time you visit one of each of these groups!

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girlbtc.com (OP)
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October 03, 2016, 08:58:48 AM
 #6

what is the percence of the data do you think it is true?

some exchange platform: we have 10,000 bitcoin buy/sell today.

some dice site :         we have 10,000 bitcoin wagered today.



if you want see acurate or not
you can see in stastitic in coinmarket cap, in there sell and buy this calculate automatic not manipulate

but if you say dice site you can't find compare about statistic true or not

where is coinmarket cap?

Herbert2020
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October 03, 2016, 09:18:04 AM
 #7

where is coinmarket cap?

it is website to see the statistics that you are talking about, like the price, the daily trade volumes of bitcoin and so many other alternative cryptocurrencies
here is the link for bitcoin: https://coinmarketcap.com/currencies/bitcoin/#markets

so where did you bring your numbers are they just a hypothetical numbers in a hypothetical question?

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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