Post
Topic
Board Bitcoin Discussion
Re: Seems like China is dominating the market again with 71% of the volume?
by
hashman
on 07/03/2014, 12:29:27 UTC
According to
http://bitcoinity.org/markets/list?currency=ALL&span=24h

China has 71% of the volume for the last 24 hours

huobi is responsible for 67% and btcchina for 4%

Well huobi volume of 327,309 BTC for the last 24 hours seems way too big to be trusted?

What's the dhttp://bitslog.wordpress.com/2013/12/11/p2ptradex-revisted/eal this time?

The deal is you are failing to understand bitcoin doesn't care about nationality.  Do we talk about how Japan used to dominate bitcoin trade?  No.  Huobi has low fees and is open to anyone on the internet.  Don't be surprised if they have large volume.