Bitcoin Forum

Economy => Speculation => Topic started by: ehoffman on April 05, 2013, 11:19:26 PM



Title: caVirtex going through the roof as Mt Gox is holding...
Post by: ehoffman on April 05, 2013, 11:19:26 PM
Just to let you know, Virtex Canada (cavirtex.com) is 159.50$ (CAD), and raising steadily today while Gox is up 'n down...

What could cause this?  Anticipation?


Title: Re: caVirtex going through the roof as Mt Gox is holding...
Post by: Qoheleth on April 05, 2013, 11:22:45 PM
Sounds to me like there's demand in Canada and none of the big arbitrageurs are up and running on that particular exchange yet.


Title: Re: caVirtex going through the roof as Mt Gox is holding...
Post by: adamstgBit on April 05, 2013, 11:30:03 PM
should also be noted that the CAD is worth 0.017$ more then the USD  8)


Title: Re: caVirtex going through the roof as Mt Gox is holding...
Post by: veken0m on April 05, 2013, 11:51:13 PM
should also be noted that the CAD is worth 0.017$ more then the USD  8)


I'm pretty sure it's the other way around: https://www.google.ca/search?q=usd+to+cad

I sold at ~$160 on VirtEx in order to buy back once it settles down.



Title: Re: caVirtex going through the roof as Mt Gox is holding...
Post by: adamstgBit on April 06, 2013, 12:32:29 AM
should also be noted that the CAD is worth 0.017$ more then the USD  8)


I'm pretty sure it's the other way around: https://www.google.ca/search?q=usd+to+cad

I sold at ~$160 on VirtEx in order to buy back once it settles down.



but your link says "1 US Dollar equals 1.02 Canadian Dollar"

good luck with your trade


Title: Re: caVirtex going through the roof as Mt Gox is holding...
Post by: shmadz on April 06, 2013, 12:37:09 AM
should also be noted that the CAD is worth 0.017$ more then the USD  8)


I'm pretty sure it's the other way around: https://www.google.ca/search?q=usd+to+cad

I sold at ~$160 on VirtEx in order to buy back once it settles down.



but your link says "1 US Dollar equals 1.02 Canadian Dollar"

hey Adam, I think you need to stop and think about what you are typing.


Title: Re: caVirtex going through the roof as Mt Gox is holding...
Post by: adamstgBit on April 06, 2013, 12:38:32 AM
should also be noted that the CAD is worth 0.017$ more then the USD  8)


I'm pretty sure it's the other way around: https://www.google.ca/search?q=usd+to+cad

I sold at ~$160 on VirtEx in order to buy back once it settles down.



but your link says "1 US Dollar equals 1.02 Canadian Dollar"

hey Adam, I think you need to stop and think about what you are typing.

LOL!

maybe...wow...I'm not even high man.... :-\


Title: Re: caVirtex going through the roof as Mt Gox is holding...
Post by: ehoffman on April 06, 2013, 01:34:15 AM
Purely anticipation.  Now that the day is over, the exchange rate lowered to 155.  I expect to be much lower tomorrow. People will try to sell high before the week-end dip :P


Title: Re: caVirtex going through the roof as Mt Gox is holding...
Post by: nonlinear on April 06, 2013, 01:39:18 AM
Just to let you know, Virtex Canada (cavirtex.com) is 159.50$ (CAD), and raising steadily today while Gox is up 'n down...

What could cause this?  Anticipation?

Maybe this?

http://watch.bnn.ca/business-day/business-day-am-april-2013/business-day-am-april-5-2013/#clip899374

Fred Ehrsam from Coinbase gives a pretty good interview on Canadian Business News Network.

Plus, they showed the weusecoins vid


Title: Re: caVirtex going through the roof as Mt Gox is holding...
Post by: knight22 on April 06, 2013, 01:43:48 AM
Maybe off topics but if your Canadian, maybe you should take a look at what Jim Flahery is planning to do:

http://www.thestar.com/news/canada/2013/04/04/jim_flahertys_cyprusstyle_bank_rescue_plan_walkom.html


Title: Re: caVirtex going through the roof as Mt Gox is holding...
Post by: ehoffman on April 06, 2013, 02:40:15 AM
Maybe off topics but if your Canadian, maybe you should take a look at what Jim Flahery is planning to do:

http://www.thestar.com/news/canada/2013/04/04/jim_flahertys_cyprusstyle_bank_rescue_plan_walkom.html

Thanks for the link.  I'm from Canada and sure this is "interesting"...

Well, the Canadian government is a pure joke.  Since Harper arrived, with his western mentality, he really screwed the eastern provinces.  It's much more like a Republican vs Democrat mentality now, which we pretty much avoided before he arrived.  Flahartys thoughts doesn't surprise me :P

But that's a little off-topic, isn't it ;D

Anyhow, buy has dropped to 150$, sell at 154$...  It's preparing for the week-end!


Title: Re: caVirtex going through the roof as Mt Gox is holding...
Post by: Fiyasko on April 06, 2013, 06:51:17 AM
Maybe off topics but if your Canadian, maybe you should take a look at what Jim Flahery is planning to do:

http://www.thestar.com/news/canada/2013/04/04/jim_flahertys_cyprusstyle_bank_rescue_plan_walkom.html

Thanks for the link.  I'm from Canada and sure this is "interesting"...

Well, the Canadian government is a pure joke.  Since Harper arrived, with his western mentality, he really screwed the eastern provinces.  It's much more like a Republican vs Democrat mentality now, which we pretty much avoided before he arrived.  Flahartys thoughts doesn't surprise me :P

But that's a little off-topic, isn't it ;D

Anyhow, buy has dropped to 150$, sell at 154$...  It's preparing for the week-end!
I hate that fucking guy
Also caVirtex has high fees


Title: Re: caVirtex going through the roof as Mt Gox is holding...
Post by: veken0m on April 06, 2013, 03:55:34 PM
I hate that fucking guy
Also caVirtex has high fees

There's a new Canadian exchange with 0.5% fees: https://www.libertybit.com/market

I'm hoping to move my trading there once liquidity picks up. Hopefully this will also force VirtEx to drop their crazy fees...


Title: Re: caVirtex going through the roof as Mt Gox is holding...
Post by: aparadox on April 06, 2013, 06:07:22 PM
Thank you for this share of a new service of Canadians with reasonable fees !


Title: Re: caVirtex going through the roof as Mt Gox is holding...
Post by: Fiyasko on April 06, 2013, 08:56:45 PM
I hate that fucking guy
Also caVirtex has high fees

There's a new Canadian exchange with 0.5% fees: https://www.libertybit.com/market

I'm hoping to move my trading there once liquidity picks up. Hopefully this will also force VirtEx to drop their crazy fees...
Alright!, Competition!


Title: Re: caVirtex going through the roof as Mt Gox is holding...
Post by: veken0m on April 09, 2013, 06:02:02 PM
Canadians have gone mad... VirtEx @ $290!!!! That's $50+ over MtGox price!  :o


Title: Re: caVirtex going through the roof as Mt Gox is holding...
Post by: noedaRDH on April 09, 2013, 06:12:41 PM
Prices will go through the roof everywhere as soon as another country gets "cyprused".