Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33149.

tarmi

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Quote from: wonkytonky on June 30, 2013, 05:09:22 AM

Quote from: tarmi on June 30, 2013, 04:18:25 AM

seems like the sunday morning dumper is not dumping anymore.

it's never to late to dump

though i hope not.. i'm full in btc lol but i'm not going to sell anyways.. even if price goes down 10$ i'm happy with what i have now.. and price will rise over 100$ again. at some point. so i'm just buying more on the way down if it goes down more.

i hope we will hit bottom sooner rather then later.

ChartBuddy

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wonkytonky

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i'm just guessing but big numbers will probably get some higher priority..
then a 1k$ withdraw.

it would make sense . keep big customers happy..

Spaceman_Spiff

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₪``Campaign Manager´´₪

Quote from: Rampion on June 30, 2013, 05:10:29 AM

Quote from: Spaceman_Spiff on June 30, 2013, 05:05:29 AM

Quote from: Rampion on June 30, 2013, 03:06:51 AM

Quote from: ardana123 on June 29, 2013, 06:36:43 PM

Quote from: Rampion on June 29, 2013, 06:29:49 PM

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

oh boy, you're so full of shit Cheesy

Why? I'm sharing with you my own personal experience.

Then you are a privileged customer, I am already waiting for a month and a half for my last withdrawal, still hasn't arrived.

I wonder why some wires go through so fast, while others not. Puzzling.

BTW, I'm fully verified including notarized docs sent by regular post.

I'm verified, but not "Trusted" (with the notarized docs), maybe that makes a difference.

Rampion

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Quote from: Spaceman_Spiff on June 30, 2013, 05:05:29 AM

Quote from: Rampion on June 30, 2013, 03:06:51 AM

Quote from: ardana123 on June 29, 2013, 06:36:43 PM

Quote from: Rampion on June 29, 2013, 06:29:49 PM

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

oh boy, you're so full of shit Cheesy

Why? I'm sharing with you my own personal experience.

Then you are a privileged customer, I am already waiting for a month and a half for my last withdrawal, still hasn't arrived.

I wonder why some wires go through so fast, while others not. Puzzling.

BTW, I'm fully verified including notarized docs sent by regular post.

wonkytonky

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Quote from: tarmi on June 30, 2013, 04:18:25 AM

seems like the sunday morning dumper is not dumping anymore.

it's never to late to dump

though i hope not.. i'm full in btc lol but i'm not going to sell anyways.. even if price goes down 10$ i'm happy with what i have now.. and price will rise over 100$ again. at some point. so i'm just buying more on the way down if it goes down more.

Spaceman_Spiff

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Quote from: Rampion on June 30, 2013, 03:06:51 AM

Quote from: ardana123 on June 29, 2013, 06:36:43 PM

Quote from: Rampion on June 29, 2013, 06:29:49 PM

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

oh boy, you're so full of shit Cheesy

Why? I'm sharing with you my own personal experience.

Then you are a privileged customer, I am already waiting for a month and a half for my last withdrawal, still hasn't arrived.

ChartBuddy

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tarmi

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seems like the sunday morning dumper is not dumping anymore.

ChartBuddy

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gandhibt

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Quote from: Rampion on June 30, 2013, 03:10:47 AM

Quote from: ?? on ??

Quote from: Rampion on June 29, 2013, 06:29:49 PM

False. I recently requested 3 withdrawals, SEPA, 5 figures each, and they arrived to my account in 2/3 days.

You are a very lucky man then, i'm still waiting after 7 days for a little SEPA transfer (3 figures), and last time they told me i should wait for longer than a month (back in may).

Smallish withdrawals took 7/10 days to arrive to my account pre-bubble, whie now it looks like the bigger the withdrawals I request, the quicker they arrive to my account. Funny.

Anyhow, Gox is shitty for trading and its management is amateurish, but I have to say in their defense that they never crapped on me regarding withdrawals. I have no complain in that sense.

This may be, I also am waiting smaller withdrawal that I did last Sunday. It says on their website that it can take up to 3 weeks with SEPA.

The Plan is: Buy back at 80-85, then sell at 90-95 and then weeee. (Only with trading money, big portion of BTC is on safe.)

Rampion

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Quote from: ?? on ??

Quote from: Rampion on June 29, 2013, 06:29:49 PM

False. I recently requested 3 withdrawals, SEPA, 5 figures each, and they arrived to my account in 2/3 days.

You are a very lucky man then, i'm still waiting after 7 days for a little SEPA transfer (3 figures), and last time they told me i should wait for longer than a month (back in may).

Smallish withdrawals took 7/10 days to arrive to my account pre-bubble, whie now it looks like the bigger the withdrawals I request, the quicker they arrive to my account. Funny.

Anyhow, Gox is shitty for trading and its management is amateurish, but I have to say in their defense that they never crapped on me regarding withdrawals. I have no complain in that sense.

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: ardana123 on June 29, 2013, 06:36:43 PM

Quote from: Rampion on June 29, 2013, 06:29:49 PM

Quote from: ardana123 on June 29, 2013, 06:24:10 PM

Quote from: Voodah on June 29, 2013, 06:20:52 PM

Quote from: ardana123 on June 29, 2013, 06:17:48 PM

Quote from: N12 on June 29, 2013, 06:09:22 PM

▼ mtgoxUSD    95.7259
▼ 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

oh boy, you're so full of shit Cheesy

Why? I'm sharing with you my own personal experience.

ChartBuddy

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Jozzaboy

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Curious amount of buy orders building up. I'm starting to expect a whale dump but by no means, wallzilla yet.

ChartBuddy

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QuestionAuthority

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You lead and I'll watch you walk away.

Quote from: derpinheimer on June 30, 2013, 01:23:45 AM

Quote from: hyphymikey on June 30, 2013, 01:02:30 AM

To clarify your point: The price rose because some people had fiat waiting to be wired out, so they had to rebuy coins to move to other exchanges and sell there, right?

Well, that and I think many people panicked and took large losses. Now we do have a more steady buy at gox sell @ [the other three] maintaining the gap.

Quote from: QuestionAuthority on June 30, 2013, 01:10:38 AM

There has been such a disparity historically that people are trying to get passive income from OkPay helping others with arbitrage. https://bitcointalksearch.org/topic/mtgox-btc-e-arbitrage-3-profit-171349 It hasn't been just a couple of days.

I don't really have a good reason for the stagnation other than artificial shoring of the price. Now why or who might have done this - I don't know but some unusual stuff is happening at Gox. Hell, for all I know Gox is manipulating the market because they are a key member of The Bitcoin Foundation and they needed to stop U.S. trading because of the California complaint against TBF. They did just file for a FinCEN MSB license. Maybe that's got something to do with it. But that's just a wild assed guess.

Yes, there has been, and it took an event that would cause selling on MtGox to temporarily become unfavorable. Not 20% though - we've never seen it that large before. The initial panic on this no withdrawal news brought bitstamp down to 90 while gox was still holding steady near 110.

Also, I think Gox is definitely up to something. The whale wars on the 24th simply make no sense. Something happened there that us outsiders dont know. Rich people dont just throw their money out like that.

Very strange indeed. Watching the next week unfold is going to be quite entertaining.

derpinheimer

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Quote from: hyphymikey on June 30, 2013, 01:02:30 AM

To clarify your point: The price rose because some people had fiat waiting to be wired out, so they had to rebuy coins to move to other exchanges and sell there, right?

Well, that and I think many people panicked and took large losses. Now we do have a more steady buy at gox sell @ [the other three] maintaining the gap.

Quote from: QuestionAuthority on June 30, 2013, 01:10:38 AM

There has been such a disparity historically that people are trying to get passive income from OkPay helping others with arbitrage. https://bitcointalksearch.org/topic/mtgox-btc-e-arbitrage-3-profit-171349 It hasn't been just a couple of days.

I don't really have a good reason for the stagnation other than artificial shoring of the price. Now why or who might have done this - I don't know but some unusual stuff is happening at Gox. Hell, for all I know Gox is manipulating the market because they are a key member of The Bitcoin Foundation and they needed to stop U.S. trading because of the California complaint against TBF. They did just file for a FinCEN MSB license. Maybe that's got something to do with it. But that's just a wild assed guess.

Yes, there has been, and it took an event that would cause selling on MtGox to temporarily become unfavorable. Not 20% though - we've never seen it that large before. The initial panic on this no withdrawal news brought bitstamp down to 90 while gox was still holding steady near 110.

Also, I think Gox is definitely up to something. The whale wars on the 24th simply make no sense. Something happened there that us outsiders dont know. Rich people dont just throw their money out like that.

QuestionAuthority

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You lead and I'll watch you walk away.

Quote from: derpinheimer on June 30, 2013, 12:50:52 AM

Quote from: QuestionAuthority on June 30, 2013, 12:15:33 AM

Quote from: hyphymikey on June 29, 2013, 11:18:42 PM

Ever since mid May we have been seeing the huge weekly dumps ~> then Mt.Gox stops outgoing wires ~> then the huge dumps stop ~> Those coins move to other exchanges bringing the price down below Mt.Gox....

Which is where we are now.

This makes me a bit scared for when Mt.Gox starts transfers again. I wonder how many coins are waiting to be dumped once the wires come back. If I had a huge stash, and was dumping weekly, and Gox all of a sudden halted wires, I would move all my coins out of Gox, and into my wallet. If I needed some cash, or was trying to stick to a cash out plan, I would sell what I could on other exchanges without causing too much slippage. Any of those May/June size dumps on the other exchanges would just be stupid. So when Gox starts wires back up, who knows how much catching up we have to do after stalling all these dumps!

For this reason, I sold all but about 10% of my stash. Two months ago I bought a new Caddy, in full, and put a large down payment on a home, all with bitcoin speculative/minning money, so I'm not complaining much. I will definitely be sticking around for when we get a new reason for panic buying, which I don't see happening anytime soon. Yes, I know, with something as "new" as bitcoin, that new reason could happen tomorrow!

TLDR; Sold most of my coins, now waiting patiently on the sidelines. & MtGox opening wires back up should be a good show!

Congratulations! It's good to hear about someone buying something fun with their btc.

Bitcoin Charts price data going back a year will tell you that their has almost always been a disparity between the price at other exchanges and Gox with Gox always being higher. There was even a couple of people assisting with arbitrage using OKPay a while back but the transfer fees eat up a lot of the benefit. I can't remember the exact number but you need at least a 7% OR 9% difference in price for arbitrage to make sense. Gox only stopped cash withdrawals of USD. USD deposits and transfers to Mt. Gox continue so do deposits and withdrawals in other currencies. I don't think coins moving to other exchanges is causing the disparity in price unless that's been happening for more than a year. Your right, when Gox opens up USD withdrawals again its going to get interesting.

Yes there has always been a disparity, but < 2% is the norm. This is currently 7% with a high of nearly 20% in the last couple of days.

If coins arent moving to the other exchanges, then why did the gox price rise & stagnate (before falling) while the others fell?

There has been such a disparity historically that people are trying to get passive income from OkPay helping others with arbitrage. https://bitcointalksearch.org/topic/mtgox-btc-e-arbitrage-3-profit-171349 It hasn't been just a couple of days.

I don't really have a good reason for the stagnation other than artificial shoring of the price. Now why or who might have done this - I don't know but some unusual stuff is happening at Gox. Hell, for all I know Gox is manipulating the market because they are a key member of The Bitcoin Foundation and they needed to stop U.S. trading because of the California complaint against TBF. They did just file for a FinCEN MSB license. Maybe that's got something to do with it. But that's just a wild assed guess.

hyphymikey

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Quote from: derpinheimer on June 30, 2013, 12:50:52 AM

Quote from: QuestionAuthority on June 30, 2013, 12:15:33 AM

Quote from: hyphymikey on June 29, 2013, 11:18:42 PM

Ever since mid May we have been seeing the huge weekly dumps ~> then Mt.Gox stops outgoing wires ~> then the huge dumps stop ~> Those coins move to other exchanges bringing the price down below Mt.Gox....

Which is where we are now.

This makes me a bit scared for when Mt.Gox starts transfers again. I wonder how many coins are waiting to be dumped once the wires come back. If I had a huge stash, and was dumping weekly, and Gox all of a sudden halted wires, I would move all my coins out of Gox, and into my wallet. If I needed some cash, or was trying to stick to a cash out plan, I would sell what I could on other exchanges without causing too much slippage. Any of those May/June size dumps on the other exchanges would just be stupid. So when Gox starts wires back up, who knows how much catching up we have to do after stalling all these dumps!

For this reason, I sold all but about 10% of my stash. Two months ago I bought a new Caddy, in full, and put a large down payment on a home, all with bitcoin speculative/minning money, so I'm not complaining much. I will definitely be sticking around for when we get a new reason for panic buying, which I don't see happening anytime soon. Yes, I know, with something as "new" as bitcoin, that new reason could happen tomorrow!

TLDR; Sold most of my coins, now waiting patiently on the sidelines. & MtGox opening wires back up should be a good show!

Congratulations! It's good to hear about someone buying something fun with their btc.

Bitcoin Charts price data going back a year will tell you that their has almost always been a disparity between the price at other exchanges and Gox with Gox always being higher. There was even a couple of people assisting with arbitrage using OKPay a while back but the transfer fees eat up a lot of the benefit. I can't remember the exact number but you need at least a 7% OR 9% difference in price for arbitrage to make sense. Gox only stopped cash withdrawals of USD. USD deposits and transfers to Mt. Gox continue so do deposits and withdrawals in other currencies. I don't think coins moving to other exchanges is causing the disparity in price unless that's been happening for more than a year. Your right, when Gox opens up USD withdrawals again its going to get interesting.

Yes there has always been a disparity, but < 2% is the norm. This is currently 7% with a high of nearly 20% in the last couple of days.

If coins arent moving to the other exchanges, then why did the gox price rise & stagnate (before falling) while the others fell?

To clarify your point: The price rose because some people had fiat waiting to be wired out, so they had to rebuy coins to move to other exchanges and sell there, right?

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