BitcoinWalker (OP)
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Activity: 127
Merit: 100
$Gangnam works hard, so you don't have to.
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December 17, 2013, 04:00:46 PM |
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After the Bitcoin fever fell away in China, BTC-E has replaced BTCChina as the busiest trading exchange with a daily trading volume of nearly 100,000 BTC for the last couple of days.
As of now, the 24h volumes on the major exchanges are as follows:
90,926.90 BTC (BTC-E)
53,397.50 BTC (MtGox)
72,490.70 BTC (Bitstamp)
80,510.30 BTC (BTCChina)
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viajero
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Activity: 110
Merit: 10
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December 17, 2013, 04:03:36 PM |
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why is BTC-E not listed on bitcoincharts.com anymore?
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empoweoqwj
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December 17, 2013, 04:07:50 PM |
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After the Bitcoin fever fell away in China, BTC-E has replaced BTCChina as the busiest trading exchange with a daily trading volume of nearly 100,000 BTC for the last couple of days.
As of now, the 24h volumes on the major exchanges are as follows:
90,926.90 BTC (BTC-E)
53,397.50 BTC (MtGox)
72,490.70 BTC (Bitstamp)
80,510.30 BTC (BTCChina)
That's very impressive. Anyone know what has lead to the rise of btc-e? |
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BitcoinWalker (OP)
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Activity: 127
Merit: 100
$Gangnam works hard, so you don't have to.
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December 17, 2013, 04:12:33 PM |
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After the Bitcoin fever fell away in China, BTC-E has replaced BTCChina as the busiest trading exchange with a daily trading volume of nearly 100,000 BTC for the last couple of days.
As of now, the 24h volumes on the major exchanges are as follows:
90,926.90 BTC (BTC-E)
53,397.50 BTC (MtGox)
72,490.70 BTC (Bitstamp)
80,510.30 BTC (BTCChina)
That's very impressive. Anyone know what has lead to the rise of btc-e? Commodities alone, they do a combination of different cryptos, i.e BTC, LTC, NMC... There could be some other factors too. |
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bryant.coleman
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Activity: 3696
Merit: 1217
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December 17, 2013, 04:13:02 PM |
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That's very impressive. Anyone know what has lead to the rise of btc-e?
ROFLMAO. Actually it is not the rise of the BTC-E. It is due to the decline of the other exchanges. BTC China volume has declined by more than 50%, and Mt Gox has also declined considerably. BTC-E is having near-100% market share in the CIS nations (Russia, Ukraine, Belarus.etc) and the volumes haven't changed much. Also, I have heard that BTC-E is keen on expanding to China. |
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BitcoinWalker (OP)
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Activity: 127
Merit: 100
$Gangnam works hard, so you don't have to.
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December 17, 2013, 04:15:57 PM |
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That's very impressive. Anyone know what has lead to the rise of btc-e?
ROFLMAO. Actually it is not the rise of the BTC-E. It is due to the decline of the other exchanges. the volumes haven't changed much. This shows that you did not watch what happened on BTC-E closely. Their daily volume was much less than what they are having now. |
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LiteCoinGuy
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Activity: 1148
Merit: 1011
In Satoshi I Trust
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December 17, 2013, 04:23:04 PM |
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That's very impressive. Anyone know what has lead to the rise of btc-e?
ROFLMAO. Actually it is not the rise of the BTC-E. It is due to the decline of the other exchanges. BTC China volume has declined by more than 50%, and Mt Gox has also declined considerably. BTC-E is having near-100% market share in the CIS nations (Russia, Ukraine, Belarus.etc) and the volumes haven't changed much. Also, I have heard that BTC-E is keen on expanding to China. why is there only one exchange for eastern europe  ? or maybe i dont know the others... |
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empoweoqwj
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December 17, 2013, 05:23:50 PM |
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That's very impressive. Anyone know what has lead to the rise of btc-e?
ROFLMAO. Actually it is not the rise of the BTC-E. It is due to the decline of the other exchanges. BTC China volume has declined by more than 50%, and Mt Gox has also declined considerably. BTC-E is having near-100% market share in the CIS nations (Russia, Ukraine, Belarus.etc) and the volumes haven't changed much. Also, I have heard that BTC-E is keen on expanding to China. why is there only one exchange for eastern europe ? or maybe i dont know the others... bitstamp is in slovenia so I'm sure they server eastern europe as well. btc-e seems to have found a great niche i.e. people trading litecoins when other exchanges have ignored them, even when (mtgox for example) promised to support them. |
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skovbitcoin
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December 17, 2013, 05:28:01 PM |
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I'm personally hoping Kraken can seriously catch up soon and start offering margin trading. Where did you get this info and how far back are Kraken?
Mark
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GigaCoin
Sr. Member
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Activity: 308
Merit: 251
Giga
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December 17, 2013, 05:37:35 PM |
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I'm personally hoping Kraken can seriously catch up soon and start offering margin trading. Where did you get this info and how far back are Kraken?
Mark
kraken are great, but the fact they are based in the united states is keeping a lot of people away from them. |
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empoweoqwj
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December 17, 2013, 05:41:32 PM |
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I'm personally hoping Kraken can seriously catch up soon and start offering margin trading. Where did you get this info and how far back are Kraken?
Mark
kraken are great, but the fact they are based in the united states is keeping a lot of people away from them. Note to self. Don't start up bitcoin exchange in US. |
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porcupine87
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December 17, 2013, 05:48:15 PM |
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That's very impressive. Anyone know what has lead to the rise of btc-e?
ROFLMAO. Actually it is not the rise of the BTC-E. It is due to the decline of the other exchanges. BTC China volume has declined by more than 50%, and Mt Gox has also declined considerably. BTC-E is having near-100% market share in the CIS nations (Russia, Ukraine, Belarus.etc) and the volumes haven't changed much. Also, I have heard that BTC-E is keen on expanding to China. why is there only one exchange for eastern europe ? or maybe i dont know the others... bitstamp is in slovenia so I'm sure they server eastern europe as well. btc-e seems to have found a great niche i.e. people trading litecoins when other exchanges have ignored them, even when (mtgox for example) promised to support them. +1 I buy and sell bitcoins via bitcoin.de, but I used btc-e, too, because there I can change btc to fiat instantly and buy other cryptos reliable (not like cryptsy, which cannot handle the traffic). |
"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
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Desensitizer
Newbie
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Activity: 42
Merit: 0
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December 17, 2013, 05:50:44 PM |
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BTC-E is great in terms of being a fully functional quick exchange that accepts a wide variety of payment sources and also has a real-time chat room which although trolly at times is fairly novel and interesting to watch from a speculative perspective. I know some people are worried that it is based in Russia but I think that it certainly the best option right now. The decline of Mt. Gox seemed inevitable their servers sucked and their costs of transferring money were expensive and their means of transferring funds were too few.
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empoweoqwj
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December 17, 2013, 05:55:33 PM |
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BTC-E is great in terms of being a fully functional quick exchange that accepts a wide variety of payment sources and also has a real-time chat room which although trolly at times is fairly novel and interesting to watch from a speculative perspective. I know some people are worried that it is based in Russia but I think that it certainly the best option right now. The decline of Mt. Gox seemed inevitable their servers sucked and their costs of transferring money were expensive and their means of transferring funds were too few.
"trolly at times" - there's an understatement to top them all  but it is fun to watch for 15 mins. Gox is also declining because you just can't get cash out of there easily. Who's ever heard of an exchange that takes months to process outgoing wires. Rearrange the following: "foot shooting the in yourself " I think btc-e is based in Bulgaria actually but same ball park. |
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Barek
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December 17, 2013, 05:55:58 PM |
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The fairly low flat 0.2% transaction fee also helps.
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empoweoqwj
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December 17, 2013, 05:57:49 PM |
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The fairly low flat 0.2% transaction fee also helps.
Definitely. With Gox charging 0.6%, that's massive when coins are costing so much. Great point. |
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Georgio
Newbie
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Activity: 47
Merit: 0
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December 17, 2013, 06:19:28 PM |
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BTC-E is great in terms of being a fully functional quick exchange that accepts a wide variety of payment sources and also has a real-time chat room which although trolly at times is fairly novel and interesting to watch from a speculative perspective.
BTC-e trollbox archive: http://trollboxarchive.com/ |
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skovbitcoin
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December 17, 2013, 06:26:48 PM |
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I'm personally hoping Kraken can seriously catch up soon and start offering margin trading. Where did you get this info and how far back are Kraken?
Mark
kraken are great, but the fact they are based in the united states is keeping a lot of people away from them. This may be a stupid question, but I'm kind of new. Why would people rather use BTC-e in some mystery part of Eastern Europe than Kraken in the US? I personally think BTC-e are great and actually use all available brokers, but I would have thought the influx of new people would have been attracted to Kraken by it's "shiny" interface and a perceived level of "trustworthiness". I have been wondering this for a while now. |
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fr33d0miz3r
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December 17, 2013, 06:37:55 PM |
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I think btc-e is based in Bulgaria actually but same ball park.
btc-e is probably registered in Bulgaria, but de-facto they are in Russia |
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zimmah
Legendary
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Activity: 1106
Merit: 1005
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December 17, 2013, 06:47:25 PM |
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That's very impressive. Anyone know what has lead to the rise of btc-e?
ROFLMAO. Actually it is not the rise of the BTC-E. It is due to the decline of the other exchanges. BTC China volume has declined by more than 50%, and Mt Gox has also declined considerably. BTC-E is having near-100% market share in the CIS nations (Russia, Ukraine, Belarus.etc) and the volumes haven't changed much. Also, I have heard that BTC-E is keen on expanding to China. why is there only one exchange for eastern europe ? or maybe i dont know the others... Use kraken, it's the best. |
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