Then mercatox is a huge whale
The What, the Why, and the How of 0xBitcoin:
Gavin Reyes
Aiden Hughes
Never had a problem with mercatox. You can try forkdelta or idex as well
Tyler Gomez
>discord members over time
AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH
Isaiah Green
>Then mercatox is a huge whale
yeah if so, mercatox is basically the major 0xbitcoin whale. 1.11% of total supply, 4.83% of circulating supply is in that "cold wallet".
again, this is just a theory. so anybody please correct me if i don't know wtf i'm talking about.
Eli Watson
>AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH
uh what? why u lafn
Cameron Young
>again, this is just a theory. so anybody please correct me if i don't know wtf i'm talking about.
it looks like the Mercatox hot wallet has done a total transfer (sent and received) of ~6 million 0xbtc. so let's assume for a second that 6,000,000 is the approx total amount of 0xbtc actually traded. (this is a bad assumption, but just for argument)
then the total fees mercatox would have collected would be 6,000,000*0.25% = 15,000 0xbtc. but the "cold wallet" contains 232,255 0xbtc, which is 15.5x as much. hmmm. so either it's not actually mercatox's fee take, or every 0xBTC on the exchange gets traded about 15.5X (average) from when it's deposited to when it's withdrawn.
again, let me know if i'm being dumb here. i'm just going off the top of my head.
Caleb Sanchez
U OK bro?
Parker Gray
>There is a better option than mercatox?
>Maybe tradesatoshi or Tradeogre?
supposedly uniswap is good for acquiring 0xbtc
Owen Phillips
>AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH
srsly, what does this maniacal laughter mean? are you laughing because
A: the numbers are too low
B: the numbers are too high
C: the numbers are fake
D: all of the above
E: none of the above
F: something else
G: another thing
H: or ??? what
Aiden Ramirez
Forgot about uniswap. Also good.