Bitstamp rapid sell/buy coming? - page 2.

spazzdla

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Quote from: grappa_barricata on January 08, 2015, 09:00:16 AM

It is extremely probable they'll never reopen, for the reasons OP and others have pointed out. Why reopen if a fund run (both BTC and FIAT) is the most likely scenario and the outcome of that scenario is their economical failure? Better to earn time with vague promises while the money is laundered in bank heavens.

I agree the odds are there will be a bank run. How they handle it may define the future of BTC for some time.

grappa_barricata

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playing pasta and eating mandolinos

It is extremely probable they'll never reopen, for the reasons OP and others have pointed out. Why reopen if a fund run (both BTC and FIAT) is the most likely scenario and the outcome of that scenario is their economical failure? Better to earn time with vague promises while the money is laundered in bank heavens.

Remember remember the 5th of November

legendary

Activity: 1862

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Reverse engineer from time to time

Quote from: celebreze32 on January 07, 2015, 09:06:00 PM

Quote from: ?? on ??

Doesn't matter what will happen with Stampax, there shall be blood, get out of this pyramid scheme while you still can!

You didn't get out when we told you to get out, you lost and were wrong and called us trolls!

Cut your loose

Nice catch Cheesy

. A troll with poor spelling...

celebreze32

sr. member

Activity: 296

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Quote from: ?? on ??

Doesn't matter what will happen with Stampax, there shall be blood, get out of this pyramid scheme while you still can!

You didn't get out when we told you to get out, you lost and were wrong and called us trolls!

Cut your loose

premium_domainer

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Quote from: Remember remember the 5th of November on January 07, 2015, 08:21:59 PM

Quote from: premium_domainer on January 07, 2015, 08:12:11 PM

price will rapidly increase if they buy 19k coins...

The opposite will happen once 19k are sold.

agreed, 100%

Remember remember the 5th of November

legendary

Activity: 1862

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Reverse engineer from time to time

Quote from: premium_domainer on January 07, 2015, 08:12:11 PM

price will rapidly increase if they buy 19k coins...

The opposite will happen once 19k are sold.

premium_domainer

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price will rapidly increase if they buy 19k coins...

chopstick

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Quote from: bitcon on January 07, 2015, 07:11:09 PM

maybe they will pull a gox and allow only people to buy and withdrawal btc so it artificially skyrockets price to moon levels again.

That would be hilarious.

bitcon

legendary

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maybe they will pull a gox and allow only people to buy and withdrawal btc so it artificially skyrockets price to moon levels again.

Brewins

legendary

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It depends what is going one.

Things like if Stamp will have or not limits on withdraw and so on.

Also if they go online and some time they stop withdraws price will plummet because it will show they are insolvent.

riiiiising

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Didn't Pantera pull their Bitstamp support entirely? And their trading engine is still down? That doesn't look very good at all. Most likely, they're taking a page from the Mark Karpeles playbook right now and buying time to tie some loose ends together before they admit that the scope of the hack was larger than initially reported and get the hell out of dodge with suitcases full of cash.

Remember, there were bit-tards defending MtGox right up to the point that their website went offline completely. Most bit-tards don't have a memory of +/- 2 days, so this could all take them by surprise... again.

byronbb

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HODL OR DIE

Quote from: Remember remember the 5th of November on January 07, 2015, 06:31:51 PM

Who knows, I mean Bitstamp said they will reimburse ALL lost coins, so in principle this shouldn't make them sell, however knowing that 19k can be sold at any time, people could likely sell, not just to liquidate their BTC holding so they don't risk losing them in another hack, but also because 19k are waiting to be sold.

The hacker would be a fool to move coins on an exchange with KYC requirements. Lets look for a huge arb between BTC and the rest of the pack.

Remember remember the 5th of November

legendary

Activity: 1862

Merit: 1011

Reverse engineer from time to time

Who knows, I mean Bitstamp said they will reimburse ALL lost coins, so in principle this shouldn't make them sell, however knowing that 19k can be sold at any time, people could likely sell, not just to liquidate their BTC holding so they don't risk losing them in another hack, but also because 19k are waiting to be sold.

fewcoins

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Everyone will probably remove their coins... I know I will be shutting my account down & if most people do that, I could easily see them running into a mt. gox scenario where they really don't have enough funds to recover, and they must shut down Cry

cafucafucafu

hero member

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When Bitstamp starts up, are we going to see a rise in people removing their fiat or coins?

Topic: Bitstamp rapid sell/buy coming? - page 2. (Read 2133 times)