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Topic: Is Gox imploading before our very eyes???? - page 2. (Read 2952 times)

full member
Activity: 224
Merit: 100
January 26, 2014, 05:49:31 AM
#13
One reason: bot willy.
imagine a bot who buys 15 btc every 8 minutes. Thats alot of buying power and the other exchanges dont care.
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
January 26, 2014, 05:37:34 AM
#12
Has the spread between stamp and Gox ever been so big??? Is this effectively a run on the Bitcoin bank, desperate buys fleeing to Bitcoin and heading for the btc-e and bitstamp hills?Huh


Don't know if you're watching but there are "desperate" buys on Stamp and Btc-e at the moment as well!

I am watching but Gox has leaped to near 1000 again and stamp and btc didn't care until the last hour. I think they are watching Gox and are thinking they are missing the train, but the fact they did nothing for 8 hours tells me Gox is become a joke almost overnight.


Gox has not been leaping anywhere for hours. It is BTC-e that just leaped by a long way. Here's the chart for you: http://bitcoinwisdom.com/markets/btce/btcusd

Gox goes from 950-981 in the last 8 hours and BTCE actually tests 790 in the same window.... uhhhh

BTC-e up $33 in 2 hours. There's the leap for you.

Like I said, BTC-e and stamp ignored Gox for hours, and then responded.  Thanks for repeating my post.

BTC-e is not watching Gox. They are much larger than Gox. Everybody knows where the action is these days. They have known for a long time. The "Gox imploding" theme is tired already!
legendary
Activity: 1639
Merit: 1006
January 26, 2014, 05:37:12 AM
#11
What may be happening is more players cashing out of Gox via bitcoins. And arbitrage isn't working at all, even via JPY.
There is a small delay (possibly 1 - 2 days) in receiving bitcoins from Gox, so this means that Gox has to get bitcoins from cold storage.
This lead to a strange situation, where Gox looks bullish, while other exchanges do not.

I had ZERO delay in moving Bitcoin out of Gox. In fact moving Bitcoin out of Gox while I used it for two months was much faster than any other exchange.

So unless something has changed in the last week the lag should still be zero. I don't think Bitcoin withdrawal time has much at all to do with what we are observing. I think Gox users are sick of holding fiat and know they can't move it, so they are buying bitcoin and moving to cold storage or another exchange, like i did... a couple of weeks ago.

EDIT:

The bigger the gap grows the more desperate GOX buying will become. At least that is why I Bitcoined out of Fiat when I did.
legendary
Activity: 1639
Merit: 1006
January 26, 2014, 05:33:59 AM
#10
Has the spread between stamp and Gox ever been so big??? Is this effectively a run on the Bitcoin bank, desperate buys fleeing to Bitcoin and heading for the btc-e and bitstamp hills?Huh


Don't know if you're watching but there are "desperate" buys on Stamp and Btc-e at the moment as well!

I am watching but Gox has leaped to near 1000 again and stamp and btc didn't care until the last hour. I think they are watching Gox and are thinking they are missing the train, but the fact they did nothing for 8 hours tells me Gox is become a joke almost overnight.


Gox has not been leaping anywhere for hours. It is BTC-e that just leaped by a long way. Here's the chart for you: http://bitcoinwisdom.com/markets/btce/btcusd

Gox goes from 950-981 in the last 8 hours and BTCE actually tests 790 in the same window.... uhhhh

BTC-e up $33 in 2 hours. There's the leap for you.

Like I said, BTC-e and stamp ignored Gox for hours, and then responded.  Thanks for repeating my post.
legendary
Activity: 2170
Merit: 1094
January 26, 2014, 05:32:38 AM
#9
What may be happening is more players cashing out of Gox via bitcoins. And arbitrage isn't working at all, even via JPY.
There is a small delay (possibly 1 - 2 days) in receiving bitcoins from Gox, so this means that Gox has to get bitcoins from cold storage.
This lead to a strange situation, where Gox looks bullish, while other exchanges do not.
hero member
Activity: 504
Merit: 500
Moderator
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
January 26, 2014, 05:30:26 AM
#7
Has the spread between stamp and Gox ever been so big??? Is this effectively a run on the Bitcoin bank, desperate buys fleeing to Bitcoin and heading for the btc-e and bitstamp hills?Huh


Don't know if you're watching but there are "desperate" buys on Stamp and Btc-e at the moment as well!

I am watching but Gox has leaped to near 1000 again and stamp and btc didn't care until the last hour. I think they are watching Gox and are thinking they are missing the train, but the fact they did nothing for 8 hours tells me Gox is become a joke almost overnight.


Gox has not been leaping anywhere for hours. It is BTC-e that just leaped by a long way. Here's the chart for you: http://bitcoinwisdom.com/markets/btce/btcusd

Gox goes from 950-981 in the last 8 hours and BTCE actually tests 790 in the same window.... uhhhh

BTC-e up $33 in 2 hours. There's the leap for you.
legendary
Activity: 1639
Merit: 1006
January 26, 2014, 05:28:01 AM
#6
Has the spread between stamp and Gox ever been so big??? Is this effectively a run on the Bitcoin bank, desperate buys fleeing to Bitcoin and heading for the btc-e and bitstamp hills?Huh


Don't know if you're watching but there are "desperate" buys on Stamp and Btc-e at the moment as well!

I am watching but Gox has leaped to near 1000 again and stamp and btc didn't care until the last hour. I think they are watching Gox and are thinking they are missing the train, but the fact they did nothing for 8 hours tells me Gox is become a joke almost overnight.


Gox has not been leaping anywhere for hours. It is BTC-e that just leaped by a long way. Here's the chart for you: http://bitcoinwisdom.com/markets/btce/btcusd

Gox goes from 950-981 in the last 8 hours and BTCE actually tests 790 in the same window.... uhhhh
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
January 26, 2014, 05:21:29 AM
#5
Has the spread between stamp and Gox ever been so big??? Is this effectively a run on the Bitcoin bank, desperate buys fleeing to Bitcoin and heading for the btc-e and bitstamp hills?Huh


Don't know if you're watching but there are "desperate" buys on Stamp and Btc-e at the moment as well!

I am watching but Gox has leaped to near 1000 again and stamp and btc didn't care until the last hour. I think they are watching Gox and are thinking they are missing the train, but the fact they did nothing for 8 hours tells me Gox is become a joke almost overnight.


Gox has not been leaping anywhere for hours. It is BTC-e that just leaped by a long way. Here's the chart for you: http://bitcoinwisdom.com/markets/btce/btcusd
legendary
Activity: 1639
Merit: 1006
January 26, 2014, 05:18:27 AM
#4
Has the spread between stamp and Gox ever been so big??? Is this effectively a run on the Bitcoin bank, desperate buys fleeing to Bitcoin and heading for the btc-e and bitstamp hills?Huh


Don't know if you're watching but there are "desperate" buys on Stamp and Btc-e at the moment as well!

I am watching but Gox has leaped to near 1000 again and stamp and btc didn't care until the last hour. I think they are watching Gox and are thinking they are missing the train, but the fact they did nothing for 8 hours tells me Gox is become a joke almost overnight.

hero member
Activity: 504
Merit: 500
Moderator
January 26, 2014, 05:16:17 AM
#3
I don´t think that they will be around in 4 weeks.
Maybe we will see a new ATH today on Gox. Deposit your coins on Gox, now, it´s easy money! Cheesy
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
January 26, 2014, 05:13:29 AM
#2
Has the spread between stamp and Gox ever been so big??? Is this effectively a run on the Bitcoin bank, desperate buys fleeing to Bitcoin and heading for the btc-e and bitstamp hills?Huh


Don't know if you're watching but there are "desperate" buys on Stamp and Btc-e at the moment as well!
legendary
Activity: 1639
Merit: 1006
January 26, 2014, 05:11:24 AM
#1
Has the spread between stamp and Gox ever been so big??? Is this effectively a run on the Bitcoin bank, desperate buys fleeing to Bitcoin and heading for the btc-e and bitstamp hills?Huh
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