Bitcoin Forum

Economy => Speculation => Topic started by: maker88 on August 18, 2014, 11:48:26 AM



Title: 100+ dollar spread between btc-e and other exchanges?
Post by: maker88 on August 18, 2014, 11:48:26 AM
just woke up to notice that BTC-e is trading around 360 while everyone else is still in the 470 range. any reasoning behind this difference? all i remember is when gox has a crazy different exchange rate and that was a sign of the beginning of the end for them.


Title: Re: 100+ dollar spread between btc-e and other exchanges?
Post by: Ektra on August 18, 2014, 11:49:27 AM
Someone just took the mother of all dumps on btce, basically.


Title: Re: 100+ dollar spread between btc-e and other exchanges?
Post by: suchnoob on August 18, 2014, 11:54:19 AM
Somebody dumped 7k BTC and drove the price for a moment way down to 300. Who the fuck is dumping all these BTC?


Title: Re: 100+ dollar spread between btc-e and other exchanges?
Post by: Cluster2k on August 18, 2014, 11:55:22 AM
Somebody dumped 7k BTC and drove the price for a moment way down to 300. Who the fuck is dumping all these BTC?

US government, the Illuminati, Free Masons

But seriously, it could well be someone well stocked in bitcoins who is panicking right now.  They bought high, far too high and can't take the pressure any more.  For all we (or anyone else) knows bitcoin could be sub $100 next week.


Title: Re: 100+ dollar spread between btc-e and other exchanges?
Post by: protokol on August 18, 2014, 11:55:38 AM
What the actual fuck. That just bulldozered my stop losses on a margin trading platform and lost me over £1k. That's more money than I have in the bank ffs.

Manipulation by brokers that use the BTC-e price for their BTC instruments?

 >:( >:( >:(


Title: Re: 100+ dollar spread between btc-e and other exchanges?
Post by: maker88 on August 18, 2014, 11:57:16 AM
interesting how quickly that dump was absorbed. took it all the way to 309, and 2 minutes later back at 450.


Title: Re: 100+ dollar spread between btc-e and other exchanges?
Post by: trader001 on August 18, 2014, 11:59:22 AM
The recovery was quick.


Title: Re: 100+ dollar spread between btc-e and other exchanges?
Post by: suchnoob on August 18, 2014, 12:02:04 PM
Yes but still if you add up all the dumps in the previous days, it's over 60k BTC (i'm counting only the big instant dips) . Now if you weed out the panic sellers etc you're still left with about 20-30k done by somebody or a group. Wasn't talk on this forum ab some Eretheum people who got almost 30k btc in IPO or something, which they're dumping?


Title: Re: 100+ dollar spread between btc-e and other exchanges?
Post by: botany on August 18, 2014, 12:04:50 PM
Real advantageous for people who had buy orders on btc-e.


Title: Re: 100+ dollar spread between btc-e and other exchanges?
Post by: Cluster2k on August 18, 2014, 12:48:14 PM
There is still a huge spread between BTCe and the other major exchanges.  US$40 right now, or almost 10%.  Surely there's something strange going on here.  Are traders questioning the stability and integrity of BTCe?  It's like the MtGox final days.


Title: Re: 100+ dollar spread between btc-e and other exchanges?
Post by: lnternet on August 18, 2014, 01:59:22 PM
is btc-e safe?

I'm having my doubts.


Title: Re: 100+ dollar spread between btc-e and other exchanges?
Post by: spazzdla on August 18, 2014, 02:01:31 PM
Somebody dumped 7k BTC and drove the price for a moment way down to 300. Who the fuck is dumping all these BTC?

US government, the Illuminati, Free Masons

But seriously, it could well be someone well stocked in bitcoins who is panicking right now.  They bought high, far too high and can't take the pressure any more.  For all we (or anyone else) knows bitcoin could be sub $100 next week.

You can become a 32nd degree mason in a weeeknd.. just no.

 Now the govs.. maybe..

The uber rich... most likely.  They've played the same games with gold a LONG time ago.. still do but it was much more insane a long time ago.


Title: Re: 100+ dollar spread between btc-e and other exchanges?
Post by: spazzdla on August 18, 2014, 02:02:05 PM
is btc-e safe?

I'm having my doubts.

.. Indeed.. :S


Title: Re: 100+ dollar spread between btc-e and other exchanges?
Post by: Hyena on August 18, 2014, 02:17:42 PM
I've always wondered how can manipulation be profitable when they are just making it cheaper for people to buy in.