Topic: Bitcoin trading becoming more decentralized! (Read 1201 times)
Loving the trend - very curious to see how it is affected when (if?) the volume increases again.
Legit math. 
They did... 100 - 57 = 43
Less Gox = bullish for bitcoin!
I too use CampBX (mainly, and 2 others.)
I am pleased with their wealth of funding and withdrawal options. You can deposit with dwolla, but you can also send a USPS money order (no KYC necessary) or send a personal check (funds held 3 days, requires KYC.) Pretty dope.
I am not impressed with their user interface - I came from Bitfloor and the UI there was great. CampBX I need 2 complete page loads for every trade, and 25% of the time it glitches and sends me back to the home screen. But, as I don't do much daytrading, it works fine for my needs. I should probably just bite the bullet and figure out how to hook up a trading interface with their API.
The low volume doesn't matter for me because I'm not routinely trading thousands of $$$ of bitcoins. It does mean I don't have quite the opportunity on certain price swings, since Camp tends to lag behind with a dampening effect, but I'm willing to work with that for the pleasure of not using Gox at all.
I too use CampBX (mainly, and 2 others.)
I am pleased with their wealth of funding and withdrawal options. You can deposit with dwolla, but you can also send a USPS money order (no KYC necessary) or send a personal check (funds held 3 days, requires KYC.) Pretty dope.
I am not impressed with their user interface - I came from Bitfloor and the UI there was great. CampBX I need 2 complete page loads for every trade, and 25% of the time it glitches and sends me back to the home screen. But, as I don't do much daytrading, it works fine for my needs. I should probably just bite the bullet and figure out how to hook up a trading interface with their API.
The low volume doesn't matter for me because I'm not routinely trading thousands of $$$ of bitcoins. It does mean I don't have quite the opportunity on certain price swings, since Camp tends to lag behind with a dampening effect, but I'm willing to work with that for the pleasure of not using Gox at all.
I split funds between Gox and CampBX after the recent shake-up.
So far I've been impressed and pleased with CampBX. The chicken-and-egg problem with low liquidity remains an issue.
My intention is to transfer more funds as their volume increases.
So far I've been impressed and pleased with CampBX. The chicken-and-egg problem with low liquidity remains an issue.
My intention is to transfer more funds as their volume increases.
Do you use Dwolla for withdrawals from Gox and live in the USA? If yes to those, does it work and if it does, is your Gox account verified? I'm asking all this because I would like to still use my Gox account sometimes -- but I don't want to go selling anything if I can't withdraw.
I split funds between Gox and CampBX after the recent shake-up.
So far I've been impressed and pleased with CampBX. The chicken-and-egg problem with low liquidity remains an issue.
My intention is to transfer more funds as their volume increases.
So far I've been impressed and pleased with CampBX. The chicken-and-egg problem with low liquidity remains an issue.
My intention is to transfer more funds as their volume increases.
Just wish bitstamp would improve their API
Proud to be part of the 43%
You mean the 30%? MtGox still controls ~70% of that pie chart
I've been duped!
Good stuff. I hung on to Gox as long as was convenient, I even got verified comparatively early on in that game... But I have to use Dwolla. And that thing that happened had done put the fear in me. So I switched to CampBX, if only temporarily, but they actually provide better service than Gox ever did, and the Dwolla movement is faster, and I am not yet verified there. Now this stuff here is making me even more ok with staying at CampBX.
Proud to be part of the 43%
You mean the 30%? MtGox still controls ~70% of that pie chart, down from I think 80% in 2011. Progress, but very slow progress. That said, it seems much of the change happened in the past few months, presumably in the wake of the DDoS attacks and thanks to the price appreciation and user adoption. Antifragility is slowly working its magic in the face of inertia and the network effects that tend to centralize exchanges.
Proud to be part of the 43%
Bitstamp is fast and good and responsive, have tried them and will continue using them. It is good for more and more exchanges rather than one big exchange. If any problem happen to Mtgox a lot will be affected. However with more and more exchanges, the effect will be spread out more evenly.
ya i think bitstamp is by far the most user friendly one, yes it has got buggy a few times in the past but guess what it has never been shut down for days or half days or any of that shit. I think people are waking up to bitstamps potential and its ease of use. also you can get your cheep coins there on the upswing and since it is behind gox it you can sell usually higher then gox on the down swing. win win.
yaaa bitstamp!
People new to bitcoins may not appreciate this, but these pie charts looked a lot different before (used to be 90%+ Mt.Gox and 90%+ USD):
http://bitcoincharts.com/charts/volumepie/
Pretty cool...
http://bitcoincharts.com/charts/volumepie/
Pretty cool...
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