Title: 10% Difference between USD Bitstamp and USD MtGox just now Post by: Spekulatius on July 01, 2013, 03:34:27 PM Title: Re: 10% Difference between USD Bitstamp and USD MtGox just now Post by: N12 on July 01, 2013, 03:39:40 PM Been that way for over a week.
Title: Re: 10% Difference between USD Bitstamp and USD MtGox just now Post by: Spekulatius on July 01, 2013, 03:41:23 PM Been that way for over a week. First time for when I checked it. It has always been 4-6% difference for me. Of course many month ago there were even larger discrepancies. Title: Re: 10% Difference between USD Bitstamp and USD MtGox just now Post by: derpinheimer on July 01, 2013, 03:58:09 PM It was 20% a few days ago, although you are right in that it is[/was] growing. Now with the gox price dropping its smaller again.
Title: Re: 10% Difference between USD Bitstamp and USD MtGox just now Post by: Qoheleth on July 01, 2013, 04:03:25 PM Right now, it's impossible to withdraw USD from Mt. Gox.
Because of that, there's a glut of USD relative to Bitcoin - people have been buying BTC just to get their capital out of Gox. Hence, a higher USD/BTC exchange rate compared to any exchange with functioning USD withdrawls. Title: Re: 10% Difference between USD Bitstamp and USD MtGox just now Post by: Spekulatius on July 01, 2013, 04:21:41 PM When was is said to be possible again to withdraw USD from Gox?
Title: Re: 10% Difference between USD Bitstamp and USD MtGox just now Post by: Faraday on July 01, 2013, 04:24:36 PM They said it would be 2 weeks.
Title: Re: 10% Difference between USD Bitstamp and USD MtGox just now Post by: Qoheleth on July 01, 2013, 04:25:12 PM When was is said to be possible again to withdraw USD from Gox? The "temporary hiatus" was described as a two-week affair as of June 20th. So, theoretically, we'll be back to normal on the Fourth of July.I think there's some trepidation in the market as to whether Mt. Gox will actually meet that schedule. Title: Re: 10% Difference between USD Bitstamp and USD MtGox just now Post by: cryptopunk on July 01, 2013, 04:34:50 PM Actually, withdrawals have continued albeit at a reduced rate, 1 mln $ /day according to MagicalTux.
Title: Re: 10% Difference between USD Bitstamp and USD MtGox just now Post by: Pruden on July 01, 2013, 04:47:17 PM The difference has closed in the last 12 hours. Bitstamp has remained at 88-90 (with a flashcrash to 85) while MtGox has gone from 97 to 93
Title: Re: 10% Difference between USD Bitstamp and USD MtGox just now Post by: myself on July 01, 2013, 05:32:10 PM Quote USD 40.8341% 1.8 days 481336.5 USD https://bitfinex.com/pages/stats tick tock BTC 10.0089% 1.95 days 5764.17 BTC Title: Re: 10% Difference between USD Bitstamp and USD MtGox just now Post by: derpinheimer on July 01, 2013, 05:42:12 PM Quote USD 40.8341% 1.8 days 481336.5 USD https://bitfinex.com/pages/stats tick tock BTC 10.0089% 1.95 days 5764.17 BTC Are you making a point on MtGox market share? I think its unfair to compare until [er, if] mtgox withdrawals come back online.. and then wait a week. Title: Re: 10% Difference between USD Bitstamp and USD MtGox just now Post by: Rygon on July 01, 2013, 05:48:07 PM It's reported that Mt. Gox has finally registered as a money lender with FINCEN. This should bring some calm to the market. I hope that's a sign of Mt. Gox working with the legacy financial system and that we'll have a more robust withdrawal route available in the next few weeks.
However, I think this drop is only 10% from Gox issues, and 90% from bubble deflating/profit taking. Title: Re: 10% Difference between USD Bitstamp and USD MtGox just now Post by: myself on July 01, 2013, 05:48:55 PM Are you making a point on MtGox market share? no i report the time remaining on average for loans |