I personally fully expect something like $110 at MtGox and Bitstamp $90 before this is either resolved or MtGox is shut down.
Because of the panic the differences may be larger.
If you truly believe everything is fine at MtGox then go ahead: send money to the other exchanges, buy all the bitcoins you can and sell them at MtGox with great profit. Put your money where your mouth is or shut the fuck up. A 12% price difference clearly shows how the market views MtGox right now.
Why? If Gox really breaks down, then we go back to single digits. I have enough money in my normal savings account for this szenario. So in this case I will rather trust my bank. Besides, I have enough money on Gox.
I've told you how things are. There is no money without Gox in the Bitcoin World. This is the crucial fact. Bitstamp is puny. An Exchange without significant deposits. How ridiculous is that? Gox has at least 12 million. Bitstamp just one. We are talking about a millon dollars and perhaps another million together on all other exchanges. So what are we talking about? That we can immediately charge the million from Bitstamp? And then what?
Who is liquid? Before Gox is giving up, people will step out of Bitcoin until the money is exhausted on Bitstamp. On Bitstamp there is almost no money. Only people like you who are early enough can escape. Great prospects. Is that your recommendation to the community? Are these your facts?
