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Topic: Coinbase Vs Mt.Gox (Read 7543 times)

sr. member
Activity: 448
Merit: 250
November 07, 2013, 12:46:50 PM
#27
Coinbase: 303.58
Mt Gox: 316.00

Sanity has been restored.
hero member
Activity: 574
Merit: 500
Mining for the hell of it.
November 07, 2013, 03:56:19 AM
#26
coinbase:284.07
mt.gox: 284.00  Shocked
sr. member
Activity: 448
Merit: 250
November 06, 2013, 08:52:20 PM
#25
I was having problems today trying to sell. It was like back in the old days. I got a message saying they researched their limit and I had to wait 24 hours to try and sell

I'm surprised.  I would think they have plenty of money right now and no coins.

Well they've been canceling my orders to buy Bitcoins...

Maybe they just have low liquidity in general.

All of mine (around $200/BTC days) have gone through so far.  The last one hit my bank credit union today so I think it's still on target.

Damn, in that case I just have bad luck. I got mine for sub-$200 though Cheesy Cheesy Cheesy (although maybe I won't if they cancel it ~.~)
member
Activity: 75
Merit: 10
November 06, 2013, 07:20:12 PM
#24
ACH transfers post the next business day, the delay is so Coinbase can hedge their client's orders or try to match them inside their order book.

Cheers...
sr. member
Activity: 378
Merit: 255
November 06, 2013, 07:15:31 PM
#23
I was having problems today trying to sell. It was like back in the old days. I got a message saying they researched their limit and I had to wait 24 hours to try and sell

I'm surprised.  I would think they have plenty of money right now and no coins.

Well they've been canceling my orders to buy Bitcoins...

Maybe they just have low liquidity in general.

All of mine (around $200/BTC days) have gone through so far.  The last one hit my bank credit union today so I think it's still on target.
sr. member
Activity: 378
Merit: 255
November 06, 2013, 07:13:50 PM
#22
I can sell on Coinbase for $251+.

It feels like there is a good potential to arb between Coinbase and Bitstamp. Do you know if Coinbase's sells take 7 days to confirm like their buys?

Yeah, because US banks suck.
sr. member
Activity: 448
Merit: 250
November 06, 2013, 05:25:02 PM
#21
I was having problems today trying to sell. It was like back in the old days. I got a message saying they researched their limit and I had to wait 24 hours to try and sell

I'm surprised.  I would think they have plenty of money right now and no coins.

Well they've been canceling my orders to buy Bitcoins...

Maybe they just have low liquidity in general.
sr. member
Activity: 378
Merit: 255
November 06, 2013, 05:06:30 PM
#20
I was having problems today trying to sell. It was like back in the old days. I got a message saying they researched their limit and I had to wait 24 hours to try and sell

I'm surprised.  I would think they have plenty of money right now and no coins.
legendary
Activity: 3430
Merit: 1280
English ⬄ Russian Translation Services
November 06, 2013, 04:10:56 PM
#19
Maybe coinbase have withdrawal problem. Tongue

Yeah, especially for those not living (having a bank account) in USA... Dunno about Mt.Gox
sr. member
Activity: 354
Merit: 250
November 05, 2013, 11:19:52 PM
#18
I was having problems today trying to sell. It was like back in the old days. I got a message saying they researched their limit and I had to wait 24 hours to try and sell
sr. member
Activity: 378
Merit: 255
November 05, 2013, 03:02:16 PM
#17
i would bet anything that coinbase, since they are a market maker, are buying for a cheaper source (BTC-E maybe) and selling at the GOX + price. They certainly have the capability and it makes perfect sense.

Their blog post (can't find it now) says that they try to get coins from Bitstamp and BTC-e but if they can't get enough they will go to Mt. Gox.  Apparently they are doing that right now.
sr. member
Activity: 448
Merit: 250
November 05, 2013, 02:30:06 PM
#16
i would bet anything that coinbase, since they are a market maker, are buying for a cheaper source (BTC-E maybe) and selling at the GOX + price. They certainly have the capability and it makes perfect sense.

But then they're buying at Gox + price. Presumably they float the price between various exchanges depending on buy/sell demand on their platform. Now the really weird bit is that they're actually the highest, which shows LOTS of the buy demand is on them, which sort of implies lots of new money is going into Bitcoin.
full member
Activity: 235
Merit: 250
November 05, 2013, 02:26:26 PM
#15
i would bet anything that coinbase, since they are a market maker, are buying for a cheaper source (BTC-E maybe) and selling at the GOX + price. They certainly have the capability and it makes perfect sense.
sr. member
Activity: 448
Merit: 250
November 05, 2013, 11:46:41 AM
#14
I can sell on Coinbase for $251+.

It feels like there is a good potential to arb between Coinbase and Bitstamp. Do you know if Coinbase's sells take 7 days to confirm like their buys?
legendary
Activity: 1400
Merit: 1009
November 05, 2013, 11:14:46 AM
#13
localbitcoins price is substantially higher than mtgox as well.
Anyone who is using formulas similar to the ones I published in the Spring has their prices set up to anticipate future increases:

Here's one of my pricing formulas:

Code:
max(max(max(mtgoxUSD,bitstampUSD), USD_24h),USD_24h+(1.5*(max(bitstampUSD,mtgoxUSD)-USD_24h)))*1.06

Derivation:

http://localbitcoins.blogspot.com/2013/06/this-is-first-in-series-of-posts.html
newbie
Activity: 48
Merit: 0
November 05, 2013, 11:11:16 AM
#12
localbitcoins price is substantially higher than mtgox as well.

Currently:
mtgox = 249.7
coinbase = 252.59
localbitcoins = 260.20
sr. member
Activity: 448
Merit: 250
November 05, 2013, 09:44:25 AM
#11
Thats because everyone knew Mt Gox withdrawal issue Smiley
full member
Activity: 154
Merit: 101
November 05, 2013, 09:13:48 AM
#10
Yes I did on Monday morning.

No response yet...


They better not have any fucking problems. Let alone be hacked. I'll be the first one pounding on their office doors.
member
Activity: 75
Merit: 10
November 05, 2013, 09:10:15 AM
#9
Yes I did on Monday morning.

No response yet...

sr. member
Activity: 364
Merit: 250
November 05, 2013, 09:09:30 AM
#8
I sold 10 BTC last Tuesday on Coinbase and the system gave me a completion date of Nov 1st...

As of today, still no money in my account.

Cheers,

Have you sent a support email?
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