Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: 114 Billion Bolivars Recorded Bitcoin Trading Amount in Venezuela
by
Herbert2020
on 03/09/2019, 07:21:26 UTC
⭐ Merited by stompix (1)
considering the exchange rate of Blivar against USD it doesn't seem like that big a volume (1 VES = 0.0000455646 USD).
and when you check out the source of the news it is coming from a junk website called cointelegraph (https://cointelegraph.com/news/venezuela-smashes-weekly-bitcoin-trading-record-with-114b-bolivars) and it is referring to localbitcoins volume fetched from https://coin.dance/volume/localbitcoins/VES/BTC site and when you visit that last site  you can see the volume has been 500BTC in a week. that really isn't big enough to be worth writing an article about!

the funnier thing is that the volume has actually dropped Cheesy
ever since first week of February (2487BTC) the volume has dropped.