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General Discussion / Re: bitUSD price
« on: September 13, 2014, 08:21:12 pm »Here is the current numbers on btc and is pairings
# Source Pair Volume (24h) Price Volume (%) Updated
1 BitcoinAverage BTC/USD $ 9,511,380 $ 481.41 59.92 % Recently
2 BitcoinAverage BTC/CNY $ 5,399,340 $ 477.96 34.02 % Recently
3 BitcoinAverage BTC/EUR $ 597,300 $ 485.14 3.76 % Recently
4 BitcoinAverage BTC/GBP $ 164,622 $ 489.51 1.04 % Recently
5 BitcoinAverage BTC/RUB $ 104,037 $ 498.83 0.66 % Recently
6 BitcoinAverage BTC/CAD $ 96,500 $ 481.65 0.61 % Recently
as you can see USD is the leader followed by CNY then EUR
This above chart looks like a "healthy" global interest. It is not bad that we have great Chinese interest but I am pointing out why the lack of interest from the rest of the world. Perhaps its because we are young? Different marketing strategy between what is done on the Chinese side vs the rest of the world? I am trying to identify a possible short coming then perhaps we can focus on correcting it.
BitcoinAverage excludes two very large BTC exchanges because they have a 0% trading fee.
Here's a recent article: CoinDesk: Yuan Trades Now Make Up Over 70% of Bitcoin Volume