Our daily volume is very volatile so if we look instead at average daily volume over prior 30 days it would be between just under cavirtex.
Some time back you said you were just behind btc-e:
Thanks, however in full disclosure the past two week may be an aberration and too short to draw any conclusions. On a longer timeline (say 30 day moving average) we are just behind btc-e.
So quite a fall in your business then?
Not exactly. Our volume in BTC terms is down about 20% however the USD value of that BTC has increased by about 1200%. Unlike an exchange our limiting factor is the fact that we are using "our own money". Bitcoin is fast and fiat is horribly slow for a given amount of working capital we can only accommodate so much volume. Still it isn't exactly an apples to apples comparison. If MtGox (or BTC-E) has a monthly trade volume of X it doesn't mean they have inflows/outflows of X. What is BTC-E or MtGox monthly inflows/outflows? Well they aren't saying but I would imagine it is a small fraction of their internal trade volume.
