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kashish948 (OP)
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October 11, 2014, 05:53:31 PM
 #1


CNY - Volume: 2.47%

Am I reading this wrongly or the bitcoinaverage site is gone wrong? Can't believe such a drastic drop in Chinese volume! Was there some news?
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Germican
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October 11, 2014, 06:02:35 PM
 #2
I've seen more volume over the past 24 hours on huobi than that.
thompete
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October 11, 2014, 07:21:02 PM
 #3
Probably they trade on other exchanges.
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derpinheimer
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October 11, 2014, 08:07:25 PM
 #4
Can you not read fudster?

ignored exchange    reason
btcchina    0% fee model
btctrade    0% fee model
coinbase    volume data not published
huobi    0% fee model
okcoin    0% fee model
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October 11, 2014, 08:17:10 PM
 #5
These volume comparisons are ridiculous anyway, the exchanges could just publish their liquidity in the api, and that could even be with cryptographic proof for Bitcoins and with official auditing with fiat.

But hell, no this is Bitcoin, nothing happens here as long as suckers send more money right?
Till the next GoXing...! (or should we say StamPing amirite??)
gragas
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October 11, 2014, 08:42:56 PM
 #6
i thought china banned bitcoin?
Kluge
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October 11, 2014, 08:49:51 PM
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Quote from: gragas on October 11, 2014, 08:42:56 PM
i thought china banned bitcoin?
"On 5 December 2013, China Central Bank barred financial institutions from handling Bitcoin transactions, moving to regulate the virtual currency. The People's Bank of China said financial institutions and payment companies can’t give pricing in Bitcoin, buy and sell the virtual currency or insure Bitcoin-linked products, according to a statement on the central bank’s website. On 16 December it was speculated that the People's Bank of China had issued a new ban on third-party payment processors from doing business with Bitcoin exchanges, however a statement from BTC China suggests this isn't accurate, and rather payment processors had voluntarily withdrawn their services. Trading bitcoins by individuals is however legal in China." http://en.wikipedia.org/wiki/Legality_of_Bitcoin_by_country
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October 11, 2014, 08:51:35 PM
 #8
ohh okay.

So its like a yes and no thing..
Muscleminer
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October 12, 2014, 04:51:38 AM
 #9
You never know what they are doing ?
Bejkn
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October 12, 2014, 06:18:26 AM
 #10
his boy ignore okcoin' and huobi's faking volume
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