Take a look at all those black bars on Bitcoin Charts. ExchB's shutdown was the big news today, but several of the little guys have given it up recently as well. We're down to Mt. Gox, Tradehill, and Btc-E now.
here is a list of exchanges.
Now look at the volumes in dollars. The standard 0.6% commission rate yields about $8000 per month for Mt. Gox, $810 per month for Tradehill, and $384 a month for Btc-E. And that's a maximum; many big traders get discounts.
you really are disgusting Nagle. the volumes on the y axis at BitcoinCharts are in Bitcoins, not USD. for example go there and look at just Todays Volume=28,592 BTC or 66,225.74 USD. thats an extraordinary profit.
Tradehill apparently has a real organization and staff, but revenue is comparable to a half-time job at McDonalds. That can't last. Btc-E, forget it. Mt. Gox has some business in other currencies, but the numbers aren't that big.
The end is in sight.
how much do they pay you to be stupid?