Weird rounding coincedence in GBP

[Cred]

Just looking at MtGox and not long ago it was at £93.00000 now at £88.00000. Seems to hover around exact whole number of pounds. Just saying...?

[1714990166]

1714990166

[1714990166]

1714990166

[1714990166]

1714990166

[1714990166]

1714990166

[ehoffman]

Transactions in other currencies are traded in those other currencies.  It's not a "translated" USD value.  That's why the volume is also lower...

[RaTTuS]

[16:45] <gribble> BTCGBP ticker | Best bid: 88.15842, Best ask: 92.50000, Bid-ask spread: 4.34158, Last trade: 92.50000, 24 hour volume: 3621.76151374, 24 hour low: 72.00000, 24 hour high: 99.30100, 24 hour vwap: 86.81538
[17:01] <gribble> BTCGBP ticker | Best bid: 86.75561, Best ask: 91.26930, Bid-ask spread: 4.51369, Last trade: 91.94537, 24 hour volume: 3621.76151374, 24 hour low: 72.00000, 24 hour high: 99.30100, 24 hour vwap: 86.81538
[17:08] <gribble> BTCGBP ticker | Best bid: 90.00000, Best ask: 92.01569, Bid-ask spread: 2.01569, Last trade: 92.01569, 24 hour volume: 3621.76151374, 24 hour low: 72.00000, 24 hour high: 99.30100, 24 hour vwap: 86.81538

[sgbett]

They seem pretty thinly traded too, eg when I sell in eur it takes a little while before the EUR rate catches up with dollar moves.

[Cred]

It does seem like all the action is coming from USA

[ehoffman]

Action is coming from all over the world.  It's just that most people trade in USD due to larger trading volume...

[Cred]

Action is coming from all over the world.  It's just that most people trade in USD due to larger trading volume...

I was basing this more off Google trends and a mapping of requests than the currency used. It would be interesting to see a more accurate map of transaction but it would obviously have to be taken with a pinch of salt if a lot of transactions are through Mt Gox or Tor.