Bitcoin Forum

Economy => Speculation => Topic started by: notbatman on May 02, 2014, 12:04:07 PM



Title: Bullish Bitstamp Price
Post by: notbatman on May 02, 2014, 12:04:07 PM
Bitstamp has been $10 above the other exchanges for some time. Considering that they just proved they're solvent I don't see them playing the gox your customers game.

So what gives here, what's causing the imbalance? Is the great taurus himself being summoned?


Title: Re: Bullish Bitstamp Price
Post by: sgk on May 02, 2014, 12:21:36 PM
Bitstamp has been $10 above the other exchanges for some time. Considering that they just proved they're solvent I don't see them playing the gox your customers game.

So what gives here, what's causing the imbalance? Is the great taurus himself being summoned?

It's not the exchange that decides the price, it's the users who sell/buy. So I see no Goxing here.


Title: Re: Bullish Bitstamp Price
Post by: TERA on May 02, 2014, 01:17:03 PM
Bitstamp has been above btce for months now.


Title: Re: Bullish Bitstamp Price
Post by: akujin on May 02, 2014, 01:47:23 PM
They're following gox's path  ;D ;D ;D


Title: Re: Bullish Bitstamp Price
Post by: Dalmar on May 02, 2014, 02:30:53 PM
It is cheaper to get fiat on bitstamp than on btc-e which has deposit fees. Hence, more buying pressure on bitstamp relative to btc-e.


Title: Re: Bullish Bitstamp Price
Post by: yomofo on May 02, 2014, 02:51:00 PM
i suspect drug dealers are selling btc on btce.  btce has no verification requirements. 

more selling pressure


Title: Re: Bullish Bitstamp Price
Post by: dreamspark on May 02, 2014, 02:59:50 PM
People consider Stamp 'safer' to send funds to so mroe buying pressure
and BTC-e has no verification so is the best place to sell if thats what you want to avoid so more selling pressure.


Title: Re: Bullish Bitstamp Price
Post by: notbatman on May 03, 2014, 11:23:23 AM
Bitstamp has been $10 above the other exchanges for some time. Considering that they just proved they're solvent I don't see them playing the gox your customers game.

So what gives here, what's causing the imbalance? Is the great taurus himself being summoned?

It's not the exchange that decides the price, it's the users who sell/buy. So I see no Goxing here.

Gox had to buy coins with customers deposits to keep the hot-wallet full thus driving the price above the other exchanges. Clearly with Bitstamp other factors are at play.


Title: Re: Bullish Bitstamp Price
Post by: notbatman on May 03, 2014, 11:35:52 AM
Kraken, atlas, bitfinex, coinbase, bitcoin.de... All at the same level as Bitstamp.

Think again... perhaps other fake Chinies exchanges and of course alway the lower btc-e (traders following china) are just manipulated  ;)

You seem to be correct, Coinbase is even more bullish than Bitstamp. I've been watching Bitcoinwisdom and their api feeds are limited to Bitstamp, BTC-e and Huobi (ho buy?).

So China picked up Bitcoin then dropped it and is now dragging it along... nice.

EDIT:
Guess I should have clicked on the markets tab sooner, they do have Coinbase and other exchanges.


Title: Re: Bullish Bitstamp Price
Post by: TrailingComet on May 03, 2014, 01:46:21 PM
Coinbase tracks the bitstamp price as far as I am aware


Title: Re: Bullish Bitstamp Price
Post by: SelbyTsang on May 03, 2014, 02:43:07 PM
Coinbase tracks the bitstamp price as far as I am aware

Is there a place I can get historical price on bitstamp and coinbase?


Title: Re: Bullish Bitstamp Price
Post by: jamesc760 on May 03, 2014, 05:23:15 PM
Two days ago on Thu, 5/1/2014, btc price rose to $460+. Today, Sat 5/3/2014, it took a dump to $430. A classic pump-and-dump scheme. Manipluators should be shot.


Title: Re: Bullish Bitstamp Price
Post by: TERA on May 04, 2014, 12:33:29 AM
btce has been below the market leader most of the time for over a year at least - maybe the entirety of its exitence. It has the most difficult, expensive, and least trusted deposit methods, and like someone said it is probably the exchange of choice for withdrawing illicit funds. It is more than just drugs though: there is also hacking, theft, and of course tax evasion. I think also there might be this effect there where litecoin and the altcoins somehow sucks money out of bitcoin.


Title: Re: Bullish Bitstamp Price
Post by: MatTheCat on May 04, 2014, 01:50:56 AM
Two days ago on Thu, 5/1/2014, btc price rose to $460+. Today, Sat 5/3/2014, it took a dump to $430. A classic pump-and-dump scheme. Manipluators should be shot.

That aint pump n dump...

That is whales fishing for little fishies....or maybe some stupid big fishies.

EDIT:

And if you don't like market manipulation, then you just shouldn't invest. No matter the market, there are is always going to be someone somewhere with considerable market clout pulling strings to try and get things to go 'their way'.


Title: Re: Bullish Bitstamp Price
Post by: TERA on May 04, 2014, 01:53:53 AM
You guys are here microanalyzing 7% movements in BITCOIN which is known for its massive volatility and 800% swings at times.


Title: Re: Bullish Bitstamp Price
Post by: r34tr783tr78 on May 05, 2014, 09:24:43 AM
Any people looking for historical data can always do analysis on tradingview.com


Title: Re: Bullish Bitstamp Price
Post by: N12 on May 05, 2014, 09:39:57 AM
You guys are here microanalyzing 7% movements in BITCOIN which is known for its massive volatility and 800% swings at times.
It's actually noteworthy that Bitstamp is constantly 1-3% above all others. When that happened first with MtGox, it reflected troubles. There are no troubles with withdrawing from Bitstamp that I heard of though, so I have no explanation for it.


Title: Re: Bullish Bitstamp Price
Post by: Elwar on May 05, 2014, 10:04:31 AM
Bitfinex ties directly into bitstamp.

Bitfinex usually tends to have a much higher long position than short. This would push the price up a bit.