Author

Topic: Recent Price Rise driven by Euro (Read 1205 times)

hero member
Activity: 532
Merit: 500
March 26, 2013, 04:17:09 PM
#11

I noticed that too, but it seems a bit more than usual in the last days.
Yeah,I think there is general distrust throughout Europe and one just has to look at Google trends over the last 30 days to see where the interest is coming from.This kinda helps with pushing transactions as well in Cyprus.

legendary
Activity: 1400
Merit: 1000
March 26, 2013, 02:58:26 PM
#10
Bitcoin24.com is indeed a serious premium these days! It used to be cheaper to buy btc at btc24 then at mtgoxeur, about -3%, now it's 10% higher!?! 65€/btc at btc24 vs 59€/btc at mtgoxeur. Those that have cash at mtgox can make a nice margin buying btc cheaper there and selling at btc24.

Also note that btc24 has become larger in volume than mtgoxeur Smiley

No trading fees is very sweet Smiley

Barely any costs for depositis and withdrawals is also nice! Smiley

I love bitcoin24.com  Smiley


I hope, site will not be hacked soon. (and all bitcoins and money lost)
sr. member
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
March 26, 2013, 02:44:33 PM
#9
Bitcoin24.com is indeed a serious premium these days! It used to be cheaper to buy btc at btc24 then at mtgoxeur, about -3%, now it's 10% higher!?! 65€/btc at btc24 vs 59€/btc at mtgoxeur. Those that have cash at mtgox can make a nice margin buying btc cheaper there and selling at btc24.

Also note that btc24 has become larger in volume than mtgoxeur Smiley

No trading fees is very sweet Smiley

Barely any costs for depositis and withdrawals is also nice! Smiley

I love bitcoin24.com  Smiley
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
March 26, 2013, 01:17:51 PM
#8
The world is huge, full of a lot of people. As different corners of the world pick up on Bitcoin, it will lurch forward and most of us will have no idea where it is coming from.

This is not your father's currency.
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
March 26, 2013, 12:28:07 PM
#7
Id love to see the various currencies graphed together all priced to usd (or silver or gold).
newbie
Activity: 41
Merit: 0
March 26, 2013, 12:24:01 PM
#6
Makes me wonder how all these new hands will affect the atmosphere in the market, with less strong hands things could get volatile.
full member
Activity: 218
Merit: 100
March 26, 2013, 12:07:42 PM
#5
IIRC Euro prices were always a tad higher in comparison.
The few times I bought BTC it was a better deal to pay mtgox to convert my euros to dollar and buy there.

I noticed that too, but it seems a bit more than usual in the last days.

Also, bitstamp, an exchange that caters to Europeans dealing in the dollar, is leading the charge.  More support for this hypothesis that Europe is getting on board.
legendary
Activity: 1145
Merit: 1001
March 26, 2013, 11:18:33 AM
#4
IIRC Euro prices were always a tad higher in comparison.
The few times I bought BTC it was a better deal to pay mtgox to convert my euros to dollar and buy there.

I noticed that too, but it seems a bit more than usual in the last days.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
March 26, 2013, 11:08:19 AM
#3
IIRC Euro prices were always a tad higher in comparison.
The few times I bought BTC it was a better deal to pay mtgox to convert my euros to dollar and buy there.
hero member
Activity: 546
Merit: 501
March 26, 2013, 11:06:31 AM
#2
Bitcurex.pl also have price PLN/BTC already at $82. Looks like whole europe is buying now.
legendary
Activity: 1145
Merit: 1001
March 26, 2013, 10:51:54 AM
#1
When I look at the charts recently it seems to me the Euro price of Bitcoin has been usually significantly higher than the USD/EUR exchange rate compared to the USD-rate for Bitcoin.

Seems like there is a lot of demand Europe, possibly because of the Cyprus crisis.

Also Euro exchanges seem to have more volume, notably bitcoin-24.com.
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