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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29905. (Read 26709148 times)

hero member
Activity: 728
Merit: 500
Silly walls crumble under the weight of actual selling pressure.
full member
Activity: 182
Merit: 100
hero member
Activity: 504
Merit: 500
Moderator
CHOOOOOOOOOOO CHOOOOOOOOOOOOOOOO

hero member
Activity: 784
Merit: 1000
Timber!  Stamp wall about to fall
hero member
Activity: 910
Merit: 1003
The easiest explanation is that while BTC withdrawals were possible and fiat withdrawals not, people bought themselves out of gox by bying BTC. Thus, the higher price.

Perhaps... but they had a 10% premium at leat since Sep/2013 (I did not check earlier than that).  Did they already have USD withdrawal problems back then?
hero member
Activity: 784
Merit: 1000
Hm, from what I have been reading, I would think that MtGOX maintained that 10% premium over market price to (a) encourage people to deposit BTC there, and (b) discourage clients who had USD balance from converting it to BTC and moving these out.

Since they have now stopped all BTC withdrawals, pure and simple, those two reasons do not apply any more...


+1

And lets add to the fact that without BTC withdrawals, you would be better to convert to fiat.

Also, I'm pretty sure Mt.Gox is letting some coins out to their VIP customers, which are dumping on the other exchanges.
hero member
Activity: 910
Merit: 1003
It's 8:00 07:00 am in China. Huobi's Bears suddenly poured out of their dens, angry and hungry.
hero member
Activity: 583
Merit: 500
This is not the Gox observer thread. People just keep saying the same things over and over again.


We've all been Goxxed, give us time to grieve...  and work through our issues (with Gox).
legendary
Activity: 1106
Merit: 1007
Hide your women
This is not the Gox observer thread. People just keep saying the same things over and over again.
hero member
Activity: 910
Merit: 1003
Hm, from what I have been reading, I would think that MtGOX maintained that 10% premium over market price to (a) encourage people to deposit BTC there, and (b) discourage clients who had USD balance from converting it to BTC and moving these out.

Since they have now stopped all BTC withdrawals, pure and simple, those two reasons do not apply any more...
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 583
Merit: 500
The stars have aligned... BTC-e, Gox, and Stamps all sitting at $721... get ready for the inter-dimensional portal to open up, or the rapture maybe?
hero member
Activity: 504
Merit: 500
Moderator
New FUD on the line: FBI got the Gox BTC while investigating their connection to the Silk Road.

I can confirm the source:

"Dear CustomersRecently published media accounts are inferring a link between MtGox and the former online Silk Road marketplace and other illegal services and activities. MtGox denies that it has ever knowingly assisted, agreed to assist, or willingly cooperated with anyone to use Bitcoin to engage in illegal or illicit transactions."


FBI seized most of the coins/money....
member
Activity: 106
Merit: 10


BS, go do more research again.


Same to you. I'm not really bothered, I have nothing in Gox, forgot how emotional everyone is around here. No facts just FUD and who can shout loudest.

DON'T YOU GET IT Huh?? IT'S CRASHING !! BITCOIN IS THE FIRST VIRTUAL CURRENCY AND WILL FAIL !!

DO YOU HEAR ME Huh

FAIL !!

Fuck off and stop yelling, it's very impolite.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
Bitstamp is doing more volume than I have seen in a long time.   The value on Gox is going to be below BTC-E, which is rare too...
sr. member
Activity: 644
Merit: 250
New FUD on the line: FBI got the Gox BTC while investigating their connection to the Silk Road.
legendary
Activity: 966
Merit: 1000


BS, go do more research again.


Same to you. I'm not really bothered, I have nothing in Gox, forgot how emotional everyone is around here. No facts just FUD and who can shout loudest.

DON'T YOU GET IT Huh?? IT'S CRASHING !! BITCOIN IS THE FIRST VIRTUAL CURRENCY AND WILL FAIL !!

DO YOU HEAR ME Huh

FAIL !!

Are you being serious? 
legendary
Activity: 1078
Merit: 1441


BS, go do more research again.


Same to you. I'm not really bothered, I have nothing in Gox, forgot how emotional everyone is around here. No facts just FUD and who can shout loudest.

DON'T YOU GET IT Huh?? IT'S CRASHING !! BITCOIN. IS THE FIRST VIRTUAL CURRENCY AND WILL FAIL !!

DO YOU HEAR ME Huh

FAIL !!  MOON


really it is going to fail.... will tcp/ip and http fail at the same time? this could be worrying... I need to get prepared....

hero member
Activity: 504
Merit: 500
Moderator
Same thing that happened yesterday! CRASH CRASH CRASH  Cheesy Cheesy Cheesy
legendary
Activity: 1778
Merit: 1008
Am I seeing this right? Gox lower than stamp?

U know what´s about to happen next!

I can honestly say I do not. Not the slightest idea.
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