▼ bitstampUSD 89.0500
▼ btceUSD 89.9860
It's interesting that the other exchanges are consistently trading lower than MtGox's low of 92. This has been going on for over a week now, so apparently there is still no efficient way to arbitrage it.
people are waiting to get their money out of gox so they can deposit it on the other exchanges.
But it's only a USD issue, why wouldn't they be taking EUR or YEN?
gox only does usd and euro? besides sepa transfers take like a month on gox
False. I recently requested 3 withdrawals, SEPA, 5 figures each, and they arrived to my account in 2/3 days.
Gox has tens of thousands of customers, if all the SEPA transfers had such delays we would see a shitstorm going on in these forums, while we still have $11M on Gox order book and trading goes on despite the low volume. Following my own personal experience, the delays are an exception, and I think if they weren't we would see panic, which we are not seeing
Plus you can do an international bank transfer instead of a SEPA one, and that shouldn't take more than 48hs.
I kinda agree with QuestionAuthority that Gox is being artificially sustained. I'm not so sure who's doing it tho.