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1/3rd of the entire bitcoin supply changed hands in China in a 24 hour time period? Come on that doesn't even make sense. Perhaps a notional value of 5 million
by elastic_church 10y ago
1/3rd of the entire bitcoin supply changed hands in China in a 24 hour time period?
Come on that doesn't even make sense. Perhaps a notional value of 5 million bitcoin by volume were traded, but some phrases make more sense than others.
- kobeya 10y agoWhich isn't surprising at all, because many of the Chinese exchanges have no trading fees. So of course you have massive volumes.