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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32254. (Read 26711244 times)

legendary
Activity: 1400
Merit: 1013
Coinbase = 274
MtGox = 266.5

Easy exit from gox, buy coins and arbitrage selling on coinbase.

looks like a good place to sell, only if i wanted to sell Smiley
My guess is that Coinbase just had a huge surge in US customers wanting to buy bitcoins, and they can't wire money to the exchanges fast enough to keep up with demand.

Thus, they are trying to tempt people into selling there and also reducing the number of BTC they need to pay out by raising prices.
sr. member
Activity: 280
Merit: 250
China waking up.

Is there a reason no one wants to sell coins on Stamp?? There's like only 5k coins for sale up to $380. But there's over 20k on Gox.

legendary
Activity: 1168
Merit: 1000
Coinbase = 274
MtGox = 266.5

Easy exit from gox, buy coins and arbitrage selling on coinbase.

My suspicion is that Gox is left largely with traders now.  They aren't trying to get off Gox.  They're drawn to the historic volatility.
member
Activity: 101
Merit: 10
Sorry for the clueless question, but does coinbase act as an exchange? If so, at which volume compared to the others?

Coinbase is more like a paypal for bitcoin for US customers.  You can see a real time price ticker at:http://btcquote.com, but not sure how much order book info is open to the public.

edit: there is also a simple chart of transacitons per day here:https://coinbase.com/charts. Its unclear if it is coinbase volume though.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
Coinbase = 274
MtGox = 266.5

Easy exit from gox, buy coins and arbitrage selling on coinbase.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 669
Merit: 500
Yeh - that's the problem with disruptive technologies, they always have a sharp end.

Hmm. Might be interesting to graph oil price in terms of BTC. It gets cheaper and cheaper... Smiley

I want to see a gas station accept btc and post the price in both dollars and btc for the public to see.
legendary
Activity: 1168
Merit: 1000
Bitstamp being pushed up a lot by Bitfinex it seems. Nice.

How is that?  Seems like a great time to short on Bitfinex, if anything, actually...  especially if we gravitate back toward a 5-10% spread between Stamp and Gox.

It'd be a short with a pretty short time frame though.  We're almost certainly going further north in the "longer" term (beyond the next 2 weeks).
newbie
Activity: 51
Merit: 0
Bitstamp being pushed up a lot by Bitfinex it seems. Nice.
legendary
Activity: 1552
Merit: 1047
Plenty of space for adoption, South America, India and the Arab world.  I don't know why India isn't registering already - that's a bit odd, given that they are competing so directly with China over space exploration.  But it's the Arab world that intrigues me.  Bitcoin is halal (permissible) within their culture - not based on usury or interest taking, and they do have an awful lot of money.
http://www.ummah.com/forum/showthread.php?376630-Bitcoin-Fiat-and-Islam

Go Stamp!
You have arab sheiks so filthy rich they're throwing out 2 million dollars for lulz, just wait until they start putting play money into bitcoin.

And india, how many people live there? 1.2 billion? It's like china rally all over again!
full member
Activity: 212
Merit: 100
Where can I find a graph of bid / ask ratio?

At bitstamp there hardly seem any coins left? Shocked
hero member
Activity: 535
Merit: 500
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Yeh - that's the problem with disruptive technologies, they always have a sharp end.

Hmm. Might be interesting to graph oil price in terms of BTC. It gets cheaper and cheaper... Smiley
hero member
Activity: 924
Merit: 1000
full member
Activity: 202
Merit: 100
Plenty of space for adoption, South America, India and the Arab world.  I don't know why India isn't registering already - that's a bit odd, given that they are competing so directly with China over space exploration.  But it's the Arab world that intrigues me.  Bitcoin is halal (permissible) within their culture - not based on usury or interest taking, and they do have an awful lot of money.
http://www.ummah.com/forum/showthread.php?376630-Bitcoin-Fiat-and-Islam

Go Stamp!

They also have an interest in dropping the USD for oil transactions.

Yeh - that's the problem with disruptive technologies, they always have a sharp end.
legendary
Activity: 1552
Merit: 1047
This is really bullish considering they have been only active for a few weeks.
legendary
Activity: 1470
Merit: 1007
Sorry for the clueless question, but does coinbase act as an exchange? If so, at which volume compared to the others?

Re: bitstamp higher atm than mtgox (not anymore, by the way). Anyone with two eyes in his head could have seen the mounting buying pressure on bitstamp over the past week or so. Reading from the order book is never straighforward, manipulation etc., but normalized bid/ask ratio went from ~1 4 days ago to 3 today. Not sure why, not sure how long it'll last, but right now, the pressure is on.
legendary
Activity: 840
Merit: 1000
ATH on Bitstamp 267.79 USD/BTC.
HAHA yes Bitstamp! Thank you!
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Plenty of space for adoption, South America, India and the Arab world.  I don't know why India isn't registering already - that's a bit odd, given that they are competing so directly with China over space exploration.  But it's the Arab world that intrigues me.  Bitcoin is halal (permissible) within their culture - not based on usury or interest taking, and they do have an awful lot of money.
http://www.ummah.com/forum/showthread.php?376630-Bitcoin-Fiat-and-Islam

Go Stamp!

They also have an interest in dropping the USD for oil transactions.
hero member
Activity: 938
Merit: 501
ATH on Bitstamp 267.79 USD/BTC.
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