I'd love to learn what the real Chinese market volume is.
it certainly is more than western exchange's volume but not by the current amount they are reporting.
it is more only because of a couple of reasons. the most important reason is that they have 0 fee for trades which makes any kind of trade profitable. also the other reason is that Chinese are known to be traders, and there are lots of them who are trading and that makes a bigger volume.
with that said i say it is only 20% more!
I think "only 20%" may be a little off. Take a look at the "volume" column.
Because we haven't got much more promotion or marketing to make it popular on bitcoin as cash . There are only people in bitcoin community to use it as cash. However, bitcoin is not still accepted from the government so that everybody is disquiet and do not get bitcoin as cash.
- Bitcoin is not ran by some company so there is no one who want to spend from their own pocket in marketing/promotion of bitcoin. - There are also many miners, node hosters except bitcoin users who are supporting bitcoin network and make sure it keep running. - Sooner or later more and more people will start using bitcoin as cash and for this bitcoin doesn't need to be accepted by government.
Well don't forget how close NitWit came to being consenusized in 2012, it was at 30% most of the year and then momentum picked up in month 11, then just missed out at 87%. You just can't ever tell what the herd will do...
We should be able to vote on Augur to get a better picture.
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BoardOff-topic
Re: What do you want to buy online with Bitcoin, bu can't find?
There isn't really anything I have an interest in buying online, to be honest, I would rather be buying my groceries and paying my bills directly with some of the Bitcoin I get rather than having to exchange it and then go and use my credit card or a Bitcoin debit card.
There might be some things I get interested in in the future, but for right now there isn't much I want to buy to be honest.
There is no point in buying anything with bitcoin unless you get a discount that is big enough to justify the hassle of having to buy bitcoin, then buy whatever good and services you want to buy. There has to be a justification to do that.
Agreed (BBZ). I have bought gold with Bitcoin (from providentmetals.com as well as from Agora here), but that was really an exercise to learn the system and use what I had thought I held ("excess Bitcoin", LOL...) for a bit more gold.
At this point, I would rather HODL BTC until prices in BTC are attractive enough to be worth the expense and hassle for me to buy BTC first.
Then btc has a ways to go to mainstream.
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BoardTrading Discussion
Re: Does anyone "Day Trade" Bitcoin
by
twodrive01
on 15/01/2017, 19:12:26 UTC
Or do you mean does anybody make money day trade bitcoin? answer: No.
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BoardBitcoin Discussion
Re: How to make Bitcoin Mainstream Right Now!
by
twodrive01
on 09/01/2017, 21:28:42 UTC
At least this guy is thinking. How more suggestions and less criticism.
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BoardBitcoin Discussion
Re: Giving up on Bitcoin...
by
twodrive01
on 13/12/2016, 22:40:48 UTC
The markets are sure changing thats for sure. Bittrex exchange volume is consistently well below Yobit and Livecoin. Doesnt mean bitcoin is dead. it means Bittrex is dead.
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BoardBitcoin Discussion
Re: Bitcoin Will Kill The Income Tax
by
twodrive01
on 13/12/2016, 22:36:42 UTC
Governments cant do jack if the transactions are 100% anonymous. I see tax revenues collapsing.
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BoardBitcoin Discussion
Re: opening a bitcoin exchange with alphapoint
by
twodrive01
on 13/12/2016, 22:33:07 UTC
The shared order book network of exchanges was talked about a lot back then but never materialized. I think its a good concept. Dont know why nobody has done anything with it.
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BoardBitcoin Discussion
Re: If Satoshi reveals himself, what would be of Bitcoin?
by
twodrive01
on 03/12/2016, 23:08:34 UTC
Nobody would ever believe he is the real Satoshi Nakamoto. If he hasn't come forward now. he is not going to.
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BoardProject Development
Re: CoolWallet Launched! Resellers are wanted.
by
twodrive01
on 03/12/2016, 23:01:32 UTC
Awesome. These type of products are the next level in security. Competition will bring the price down and force more improvements.
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BoardAltcoin Discussion
Re: How resistant is Monero against blockchain analysing?
by
twodrive01
on 03/12/2016, 22:54:56 UTC
Somebody must have published actual analysis of attempts to analyse. I'm sure companies that specialize in that type of thing know but nobody is saying.
It would great to see side by side analysis of zcash, dash, monero
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BoardAltcoin Discussion
Re: daily pumping alt coins
by
twodrive01
on 03/12/2016, 22:46:29 UTC
coinmarketcap.com shows which coins are trending ie price and volume. This is a good place to start. check it out several times a day. You can see which coins increased in the last hour which could be a could indicator.
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BoardAltcoin Discussion
Re: What does Zcash mean for Ethereum?
by
twodrive01
on 03/12/2016, 22:38:05 UTC
D you guys think ETH can add anon? When it does zcash wont be anything. Plus other anon tech is coming. zcash is just one of what will be many anon projects.
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BoardAltcoin Discussion
Re: Does anyone ever look at "Announcements (Altcoins)" anymore?
by
twodrive01
on 03/12/2016, 22:31:48 UTC
It's hilarious to read those announcements. Those guys either have nothing to do or they are crypto junkies. Common since nothing in there nis worth anything. Just a playground for children.
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BoardMining (Altcoins)
Re: Cloud Mining Zcash is now profitable
by
twodrive01
on 03/12/2016, 22:22:36 UTC
Me thinks Zcash is too early to touch. The % of coins coming too market is way to high. Until that changes wont bother with it. At least on the disrtibution to investors on the 28th they did not dump or so it seemed they did not.
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BoardService Discussion (Altcoins)
Re: Bittrex or livecoin?
by
twodrive01
on 03/12/2016, 22:16:20 UTC
Bittrex is dying. There volume is below Bter. Plus they do not have fiat trading. Livecoin does twice the volume of bittrex. Not saying Bittrex is bad, the guys that own it are security guys so it safe. But they are falling way behind for a reason. Yobit even does more volume than bittrex most of the time.