As annoyingly bullish as I am, why the heck do we have a $200 spread? Ok, I know, gotta think in percents. What is that, like 20%? We haven't had that large a spread in a while.
Either Gox is going to slowly, painfully, and with much resistance, spearhead a massive rally... or it's seeing its dying days as the fiat increasingly leaves Gox in the form of BTC to the "easy-withdraw" exchanges....... that's been happening all along, but when the imbalance INCREASES is when it actually becomes significant. That means NO ONE has enough faith in Gox to jump on the arb opp.
Gox still has significant volume share among USD exchanges even though it's far from it's heyday as the 80% monster. Think it could pull price up? Stamp & BTC-e are saying "No Way!"
If the $200 spread increases even further, let's start to get worried, eh? =D
