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Economy => Trading Discussion => Topic started by: overunity on September 30, 2013, 06:04:43 PM



Title: Mtgox sell off??
Post by: overunity on September 30, 2013, 06:04:43 PM
Anyone  know what news there has been regarding mtgox ??

There is currently a sell off since US 2:30

Its down about $10 just today .

Or is it just a lot of traders arbitraging between gox and bitstamp?


Title: Re: Mtgox sell off??
Post by: BitcoinLeader on September 30, 2013, 11:14:47 PM
Anyone  know what news there has been regarding mtgox ??

There is currently a sell off since US 2:30

Its down about $10 just today .

Or is it just a lot of traders arbitraging between gox and bitstamp?

It's because it's the end of the month and all positions automatically closed every last day of the month at Plus500. All positions are even leveraged 1:10.
Plus500 is tied to MtGox rate.


Title: Re: Mtgox sell off??
Post by: overunity on October 01, 2013, 03:18:20 PM
Thank you


Title: Re: Mtgox sell off??
Post by: TERA on October 20, 2013, 06:59:46 AM
Are you sure it wasn't people who knew about silkroad somehow?