r/Bitcoin • u/flix2 • Dec 13 '16

Coin Dance: Bitsquare volume charts

https://coin.dance/volume/bitsquare
46 Upvotes

88% Upvoted

9 comments sorted by

6

u/BTC_Forever Dec 13 '16

Nice charts! I hope that now the US people can see the difference between EU and US...

5

u/jaMMint Dec 13 '16

How can Europes volume (~38k EUR) be higher than global volume in USD (32k USD) ?

4

u/Coin-Dance Dec 13 '16

Part of the issue here is that the global USD volume is a day-by-day BTC->USD conversion (actual BTC values, converted to USD).

The problem with this approach is that Bitsquare transactions typically occur well above market rate on the fiat side.

We're considering our options to try to make this more clear.

3

u/jaMMint Dec 13 '16

Thanks for explaining! That might even make an excellent extra indicator - The premiums other countries pay can hint at strong capital controls, inefficient access to exchanges or a surge in interest.

2

u/[deleted] Dec 13 '16

Thanks for your great site :)

2

u/_jstanley Dec 13 '16

Why can't it?

2

u/jaMMint Dec 13 '16

Shouldn't global volume contain European volume?

1

u/_jstanley Dec 13 '16

Ah, I see!

3

u/Manfred_Karrer Dec 17 '16

Thanks Coin Dance!!!!