Bitcoin Forum

Other => Beginners & Help => Topic started by: hjordan on November 20, 2013, 08:48:14 PM



Title: Bitstamp $75 higher than BTC-E. Are they Mt. Gox 2.0?
Post by: hjordan on November 20, 2013, 08:48:14 PM
Has anyone withdrawn money from BS in the last day or two?
Their price is higher than Mt. Gox for the first time ever. The reason Gox was so much higher for so long is because people couldn't withdraw funds, yet they could withdraw coins, so demand to buy pushed the price up. Any huge differences in price between exchanges is a sign something is wrong otherwise I could just buy now on BTC-E for $490 and sell on BS for $580, but it's not that easy.
Normally, any difference in exchanges would be pounced upon by arbitrage traders which would quickly close the gap, yet this one remains.
They have said they're having delays with withdrawals.


Title: Re: Bitstamp $75 higher than BTC-E. Are they Mt. Gox 2.0?
Post by: LiteCoinGuy on November 20, 2013, 09:41:37 PM
in the last days they had some problems. i dont think that they will be gox 2.0.

the thing is: every time when there are high prices , alot new users etc etc, the bitcoin-world has some problems because of the small infrastructure (less exchanges etc). that will chance in the future in my opinion with more players in the market!