it's about sharing - we don't have access to ANY of that information.
about overall withdrawal requests from the exchanges. we have buying and selling but that doesn't say anything regarding outgoing wires.
all we can do is.................speculate
and yes. growing pains is likely. bitinstant went down because they too became over successful.
not giving excuses just saying it is very likely
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32893. (Read 26630750 times)
July 18, 2013, 04:56:45 PM
July 18, 2013, 04:49:18 PM
Right now Bitstamp shows the future price of MtGox.
Or MtGox shows the future price of Bitstamp.I think that bitstamp should follow gox, because of difference in volume...?
Well think about it. If Gox has a problem getting money out, then how do you get money out? You buy coins and sell them elsewhere. What does that do? It drives the price down on these others exchanges.
And, it also inflates the price on Gox as your choice there is to either buy coins or sit in fiat. No taking your money out, no moving it to another exchange (outside of via coins), etc.
Gox is still the leader in volume but that is declining fairly steadily. I think they are a very secure exchange, but people are getting tired of their crap. The choices are increasing, and if you are not a daytrader, then Gox is no longer the clear leader (actually, even if you are...)
the issue with that is once any other exchange gets the VOLUME and $$$$$$ amount in their banks they too will have more issues. it's not like mtgox INVENTED these banking problems. once bitstamp and campbx get huge influx they too many have issues regarding traditional banking wires and fiat liquidity
Come on, you are really simplifying things. I think like Gox's trade engine their transfer "engine" (paper) is sub standard. Look at the volume on Bitstamp:
So, you mean to tell me that at 60 million you experience delays (for 1 month now) but at 20 million you don't??? 2 or 3 days to get money out of Bitstamp, 3 - 4 weeks for Gox. What is wrong with this ratio?
I think someone at Gox is not telling the whole story. I do like Gox, but the transfer thing is fishy.
July 18, 2013, 04:42:27 PM
Right now Bitstamp shows the future price of MtGox.
Or MtGox shows the future price of Bitstamp.I think that bitstamp should follow gox, because of difference in volume...?
Well think about it. If Gox has a problem getting money out, then how do you get money out? You buy coins and sell them elsewhere. What does that do? It drives the price down on these others exchanges.
And, it also inflates the price on Gox as your choice there is to either buy coins or sit in fiat. No taking your money out, no moving it to another exchange (outside of via coins), etc.
Gox is still the leader in volume but that is declining fairly steadily. I think they are a very secure exchange, but people are getting tired of their crap. The choices are increasing, and if you are not a daytrader, then Gox is no longer the clear leader (actually, even if you are...)
the issue with that is once any other exchange gets the VOLUME and $$$$$$ amount in their banks they too will have more issues. it's not like mtgox INVENTED these banking problems. once bitstamp and campbx get huge influx they too many have issues regarding traditional banking wires and fiat liquidity
July 18, 2013, 04:40:31 PM
Right now Bitstamp shows the future price of MtGox.
Or MtGox shows the future price of Bitstamp.I think that bitstamp should follow gox, because of difference in volume...?
Well think about it. If Gox has a problem getting money out, then how do you get money out? You buy coins and sell them elsewhere. What does that do? It drives the price down on these others exchanges.
And, it also inflates the price on Gox as your choice there is to either buy coins or sit in fiat. No taking your money out, no moving it to another exchange (outside of via coins), etc.
Gox is still the leader in volume but that is declining fairly steadily. I think they are a very secure exchange, but people are getting tired of their crap. The choices are increasing, and if you are not a daytrader, then Gox is no longer the clear leader (actually, even if you are...)
July 18, 2013, 04:34:27 PM
many numerous verified reports of people receiving their wires in the last 2 days!
various sources and various confirmations. time for people to pay out that bounty -
mt gox almost back to it's almost business
various sources and various confirmations. time for people to pay out that bounty -
mt gox almost back to it's almost business
July 18, 2013, 04:31:00 PM
tx Chak, bcdev and samson,.
Since the difference in rate i'm trying to understand...
e.g. wondering now,.....how ask price on Bitstamp can be 10% lower as on MtGoc
Since the difference in rate i'm trying to understand...
e.g. wondering now,.....how ask price on Bitstamp can be 10% lower as on MtGoc
July 18, 2013, 04:16:17 PM
ok.... noob here....
why this difference in rate Bitstamp vs MtGox ??
why this difference in rate Bitstamp vs MtGox ??
Right now Bitstamp shows the future price of MtGox.
July 18, 2013, 04:14:11 PM
Does this look like it will revisit triple digits anytime soon to you?
Looks like there's a long way to fall to me.
July 18, 2013, 03:57:54 PM
Think i got it 
Thx Blitz and Chalkbot (best answer lol)
so what is the "real" buy/sell rate ?
Thx Blitz and Chalkbot (best answer lol)
so what is the "real" buy/sell rate ?
I don't think there is a correct answer for that, but it's likely inbetween Mt. Gox and the others, although Gox does considerably more volume, so that price may carry more weight in this equation.
July 18, 2013, 03:55:53 PM
Roughly 24h after the announcement within a span of hours, so 1 AM UTC if they time it right.
July 18, 2013, 03:54:09 PM
When are SD shareholders supposed to get their BTC?
July 18, 2013, 03:51:42 PM
Think i got it
Thx Blitz and Chalkbot (best answer lol)
so what is the "real" buy/sell rate ?
Thx Blitz and Chalkbot (best answer lol)
so what is the "real" buy/sell rate ?
July 18, 2013, 03:47:06 PM
ok.... noob here....
why this difference in rate Bitstamp vs MtGox ??
why this difference in rate Bitstamp vs MtGox ??
I think the consensus is that it's harder to get USD out of Gox currently, so there are coins being bought on Gox and sold on the others in order to "cash out", which means the different exchanges are experiencing proportionally different amounts of buys vs sells.
July 18, 2013, 03:45:24 PM
And i don't think anything. I have no clue what Bitcoin will do. Neither do you, Blitz or anyone else.
Better go home now guys, we're all wasting our time. Thanks for the revelation. 
ok.... noob here....
why this difference in rate Bitstamp vs MtGox ??
mtgoxUSD are devalued because there's a holdup with MtGox withdrawals, so they aren't liquid.why this difference in rate Bitstamp vs MtGox ??
July 18, 2013, 03:43:24 PM
ok.... noob here....
why this difference in rate Bitstamp vs MtGox ??
why this difference in rate Bitstamp vs MtGox ??
July 18, 2013, 03:41:00 PM
Twice that idiot said no more triple digits in 2013 and both times we had triple digits a few days later.
That's not wrong, that's prematurely right. God, you're pathetic.
Shroomsy my little friend, why do you keep reading this subforum and watching the price if it hurts so much?
July 18, 2013, 03:40:50 PM
Twice that idiot said no more triple digits in 2013 and both times we had triple digits a few days later.
And he seems completely delusional about it.
And he seems completely delusional about it.
You mean the 4 times last week that it touched 100-104 and was sold off on, never to recover, within the hour?
Ability to approach $100 but neither break nor sustain $100 is not a bullish signal.
Do you think you'll be seeing $165+ legit before Christmas without a major influx of new blood via media hype too?
Yes, i mean both times he was 100% wrong.
And i don't think anything. I have no clue what Bitcoin will do. Neither do you, Blitz or anyone else.
July 18, 2013, 03:39:01 PM
Twice that idiot said no more triple digits in 2013 and both times we had triple digits a few days later.
That's not wrong, that's prematurely right. God, you're pathetic.
July 18, 2013, 03:38:51 PM
Does this look like it will revisit triple digits anytime soon to you?
Playing devils advocate, it could bounce off ~75 and then re-inflate the bubble.
July 18, 2013, 03:38:32 PM
Does this look like it will revisit triple digits anytime soon to you?
It could, but I am expecting a lower low and lower high for the next leg down. Until the trend changes.
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