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Topic: The strange difference between Bitfinex and Bitcoinica starfish (Read 807 times)

zby
legendary
Activity: 1594
Merit: 1001
At the Bitcoinica times when all Bitcoinica USD reserves at MtGox were used the rallies stopped - because there was no way to buy then. This was the famous starfish phenomenon. But at Bitfinex people still can buy - but only from offers internal to Bitfinex - this blows the price even more, because suddenly there are less bitcoins available (the ones at Bitstamp become out of reach). I think this was the reason of the strange Bitstamp rally today.
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