Post
Topic
Board Altcoin Discussion
Re: Unveiling the truth over the major Monero hoax
by
smooth
on 27/08/2014, 07:04:03 UTC
Does ANYBODY care about Monero except for the flaming fanboys and Poloniex? No.  Most of the XMR market is being supported by Polo and the massive amount of fanboys there.  Lets look at some real proof.

#   Source   Pair   Volume (24h)   Price   Volume (%)   Updated
1    Poloniex   XMR/BTC    $ 105,033   $ 2.02    60.54 %    Recently
2    hitbtc      XMR/BTC    $ 42,393   $ 2.02    24.44 %    Recently

This is totally in line with most other coins. See https://coinmarketcap.com/currencies/volume/24-hour/

In fact the Polo share for XMR is LOWER than the dominant exchange share for BSTX (69%), DOGE (68%), Greenbacks (81%), Stellar (76%) and I excluded a bunch of coins in the top 12 that have only one exchange. Furthermore I didn't feel like writing up the rest of the top 20 but every single one with the exception of #19 (PPC at 56%) has either a higher dominant exchange share or is only traded on one exchange.

So thank you for disproving your own point. Compared to other coins XMR is widely traded and most of the market is not being supported on one exchange.