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Topic: BITSTAMP eXchange wall Observer. second biggest and best exchange - page 40. (Read 89337 times)

legendary
Activity: 1680
Merit: 1045
Glad to see bitstamp gain on mtgox. Bitcoin needed to give up it's unhealthy Gox addiction.
newbie
Activity: 48
Merit: 0
Chartbuddy would liven things up a bit.

QFT
member
Activity: 89
Merit: 10
put me on speeddial#1
What is the point of all these small orders on both sides?
Has to be the same guy? Just some brat that is bored or some weird strategy?
I think that this is Bitstamp self (trading engine) providing minimum liquidity for almost every 0.01 step (or they have hired an independent marketmaker to provide that minimum liquidity for every step)
full member
Activity: 220
Merit: 100
What is the point of all these small orders on both sides?


Has to be the same guy? Just some brat that is bored or some weird strategy?
sr. member
Activity: 354
Merit: 251
coinorama.net
100 $ broken
Nice bid wall at 100.15 : 44K $
sr. member
Activity: 252
Merit: 250
a wolf in sheeps clothing. suckerfish
wow i have never seen more then this much in the seperation of prices vs mt gox. double digit separation in price comparison. a bit over 10 dollars. at least it was when i check a bit ago. wow all back to that arbitrage discution. if there was a way you could buy btc on stamp and sell on gox ten a coin you would make. but then the whole thing with not getting your money out of gox. still its nice to dream. take a hundred coins and do this, thousand dollars just like that. haha of corse the fees of this and the fees of that you would not make that much. but i think with ten dollars in difference you could deff make a little right?


anyways i thought it was interesting how cheepthey are over here at bitstamp vs gox. good if buying bad if selling. best to move to coinbase and get more bang for your....coin?

But who wants to be in dollars at the moment?

good call, not me. good thing i bout at the first sign of "whails buying" well big fish...but a lot of bit fish like 120 to 430 to 750 these buys prompted me to follow close behind them, if i saw the same thing with sell offs then i would tentatively do the same. now they keep buying and its treating me well.
legendary
Activity: 1904
Merit: 1002
wow i have never seen more then this much in the seperation of prices vs mt gox. double digit separation in price comparison. a bit over 10 dollars. at least it was when i check a bit ago. wow all back to that arbitrage discution. if there was a way you could buy btc on stamp and sell on gox ten a coin you would make. but then the whole thing with not getting your money out of gox. still its nice to dream. take a hundred coins and do this, thousand dollars just like that. haha of corse the fees of this and the fees of that you would not make that much. but i think with ten dollars in difference you could deff make a little right?


anyways i thought it was interesting how cheepthey are over here at bitstamp vs gox. good if buying bad if selling. best to move to coinbase and get more bang for your....coin?

But who wants to be in dollars at the moment?
sr. member
Activity: 252
Merit: 250
a wolf in sheeps clothing. suckerfish
wow i have never seen more then this much in the seperation of prices vs mt gox. double digit separation in price comparison. a bit over 10 dollars. at least it was when i check a bit ago. wow all back to that arbitrage discution. if there was a way you could buy btc on stamp and sell on gox ten a coin you would make. but then the whole thing with not getting your money out of gox. still its nice to dream. take a hundred coins and do this, thousand dollars just like that. haha of corse the fees of this and the fees of that you would not make that much. but i think with ten dollars in difference you could deff make a little right?


anyways i thought it was interesting how cheepthey are over here at bitstamp vs gox. good if buying bad if selling. best to move to coinbase and get more bang for your....coin?
legendary
Activity: 1834
Merit: 1019
Bitstamp now has $1.22M in bids on the books. I think a few days ago it was around $900K, does anyone else remember? That is a decent sized increase (altho still nothing compared to the $13M at mtgox)

do you have a similar stat for asks?
sr. member
Activity: 252
Merit: 250
a wolf in sheeps clothing. suckerfish
still holding at 8 usd below gox. stamp should step it up and get equal, its killen my sell on coinbase. then again it is helping keep the buy low and i could get some some what cheep coins if we are on a up trend.
sr. member
Activity: 252
Merit: 250
a wolf in sheeps clothing. suckerfish


so if a foreign bank, like an off shore account in Switzerland has most of its business with USA citizens then it has to comply with the us laws? no way, that is the point of having an offshore account so that the US cannot touch it and is not applicable to the laws here in the states. "but that is a bank and not an on line business" hum well I think that that bank has a web page that you can move money around. Now Im not 100% sure because I do not have money in an off shore bank account, but you are telling me that i should not trust that bank because it is not in compliance with FINCEN?  nor should most million/billion airs
legendary
Activity: 938
Merit: 1000
chaos is fun...…damental :)

That's not a good thing.

my country dont require to provide any  Grin
legendary
Activity: 1834
Merit: 1019
well, when i created an account there, I could deposit and withdraw bitcoins, but if i deposited fiat, then i had to submit my proof of residence and ID, to which they verified within the day
hero member
Activity: 686
Merit: 500
Ultranode
by that logic each business have to follow the rules from customer home country, so you can have 200 legislation to follow

i wonder if sharia(iran, Saudi arabia) law also apply in here not just US law  

I don't follow ur logic. A business does not automatically offer services to the entire world. In fact, if Bitstamp is collecting info re citizenship, it should be very easy for it to deny serving customers in whichever countries it wishes. Also, incidentally/accidentally offering services vs knowingly/intentionally are key when determining jurisdiction.

Dummy.
when i open a account there they did no ask me for any documents

That's not a good thing.
legendary
Activity: 938
Merit: 1000
chaos is fun...…damental :)
by that logic each business have to follow the rules from customer home country, so you can have 200 legislation to follow

i wonder if sharia(iran, Saudi arabia) law also apply in here not just US law  

I don't follow ur logic. A business does not automatically offer services to the entire world. In fact, if Bitstamp is collecting info re citizenship, it should be very easy for it to deny serving customers in whichever countries it wishes. Also, incidentally/accidentally offering services vs knowingly/intentionally are key when determining jurisdiction.

Dummy.
when i open a account there they did no ask me for any documents
hero member
Activity: 686
Merit: 500
Ultranode
by that logic each business have to follow the rules from customer home country, so you can have 200 legislation to follow

i wonder if sharia(iran, Saudi arabia) law also apply in here not just US law  

I don't follow ur logic. A business does not automatically offer services to the entire world. In fact, if Bitstamp is collecting info re citizenship, it should be very easy for it to deny serving customers in whichever countries it wishes. Also, incidentally/accidentally offering services vs knowingly/intentionally are key when determining jurisdiction.

Dummy.
legendary
Activity: 938
Merit: 1000
chaos is fun...…damental :)
by that logic each business have to follow the rules from customer home country, so you can have 200 legislation to follow

i wonder if sharia(iran, Saudi arabia) law also apply in here not just US law 
hero member
Activity: 686
Merit: 500
Ultranode
If Bitstamp is doing business in the US, is it not subject to laws there, including FINCEN?

Does not using a bank in the US = not doing business in the US?

If a business is physically located on foreign land but is offering services to US citizens, is it not doing business in the US? Especially if a significant percent-maybe even most in Bitstamp's case-of its customers are located in the US?

Perhaps a forum-lawyer can jump in and help us with these questions.

I paid big monies to a US lawyer who advised both Bitstamp and BTCe are knowingly reaching into the States w/ services and therefore subject to the laws there. I forget the caselaw he mentioned, but there is a well-known case re: foreign entities being subject to jurisdiction. Maybe forum-lawyers can let us know?
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Haha you are already speaking of mtgox in the past tense? Grin
sr. member
Activity: 252
Merit: 250
a wolf in sheeps clothing. suckerfish
You guys feel safe using Bitstamp when it is not even seeking Fincen compliance?

They are under European laws.  They don't have a bank account in the US like Mtgox did.  Did I miss something?  Is every European company that accepts wire transfers from the US supposed to get licensed as a US money transmitter now?  That sounds absurd.

+1 this Smiley




Bitstamp currently 87% of the way to overtaking mtgox as the largest USD market.  Hopefully the thread title can be changed soon.

Nice, just let me know when Grin Grin Grin Grin
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