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Title: Why is the bitstamp USD price so high? Post by: falcoiii on November 22, 2013, 03:43:50 PM In USD ...
Over the past few weeks & months, the Mt. Gox price has been ~10% higher than the rest of the market (bitstamp, btc-e, etc...). Today, bitstamp is as high or just higher than Mt. Gox, and still 10% higher than the rest of the market. What gives? Title: Re: Why is the bitstamp USD price so high? Post by: Mirsad on November 22, 2013, 03:44:54 PM pump and dump
Get ready to buy more coins and don't panic sell. ;D Title: Re: Why is the bitstamp USD price so high? Post by: Buster on November 22, 2013, 03:47:00 PM Deposits coming in + Branson
Title: Re: Why is the bitstamp USD price so high? Post by: GigaCoin on November 22, 2013, 03:48:20 PM keep in mind more and more people are losing confidence with gox, their USD withdrawals issues are a complete disaster with people even now complaining about BTC withdrawal issues. Due to this a lot have been migrating to Bitstamp which is a lot more reliable (so far)
Title: Re: Why is the bitstamp USD price so high? Post by: EuroTrash on November 22, 2013, 03:50:34 PM EDIT2: nevermind. My deposit confirmed successfully ;D
Maybe fear of getting goxxed by Stamp. https://bitcointalk.org/index.php?topic=343120.0 EDIT: Or maybe successful arbitration between China and Japan is bringing Gox price down. Title: Re: Why is the bitstamp USD price so high? Post by: Heutenamos on November 22, 2013, 03:55:33 PM Bitstamp is best choice for exchange, big + most reliable, thats why increased demand there
Title: Re: Why is the bitstamp USD price so high? Post by: windjc on November 22, 2013, 06:39:44 PM This is exactly what arbitrage looks like. Compare the charts of Bitstamp and China the last 4 days. It's obvious what is going on. This is very healthy for the markets. When everything gets out of whack, it creates more instability.
Title: Re: Why is the bitstamp USD price so high? Post by: gizmoh on November 22, 2013, 06:55:10 PM Bitstamp is best choice for exchange, big + most reliable, thats why increased demand there For casual buyers/seller yes,but its the bad platform for day traders, poor api, unreliable engine, and not fully protected against ddos..I really hope they improve these technical issues. Title: Re: Why is the bitstamp USD price so high? Post by: CryptoMinter on November 22, 2013, 06:56:11 PM No one thinks this is related to the delayed coinbase buy orders?
Title: Re: Why is the bitstamp USD price so high? Post by: LouReed on November 22, 2013, 08:28:14 PM Bitstamp is not high, Mt. Gox is low. ;)
Title: Re: Why is the bitstamp USD price so high? Post by: UnDerDoG81 on November 22, 2013, 08:45:23 PM Just bought 17 coins and paid 60$ fee´s... that sucks >:(
They also cut 110$ from tranfering my 10.000€ into 13490$ instead of 13600$ as their linked exchange price list was. Support does not answer, asked 2 days ago why. Title: Re: Why is the bitstamp USD price so high? Post by: TERA on November 22, 2013, 11:42:23 PM Seriously wtf is wrong with this exchange. Its like there is only a buy button and it can only go up. Other exchanges go down $30 and it goes down $1. Then it goes up $20. f you try to trade here you get screwed.
Title: Re: Why is the bitstamp USD price so high? Post by: beaconpcguru on November 22, 2013, 11:49:34 PM Theres a reason they are called bitSTAMP.. but the price is simple arbitrage..
Title: Re: Why is the bitstamp USD price so high? Post by: notme on November 23, 2013, 02:31:56 AM Seriously wtf is wrong with this exchange. Its like there is only a buy button and it can only go up. Other exchanges go down $30 and it goes down $1. Then it goes up $20. f you try to trade here you get screwed. The other exchanges got way ahead of Stamp. Much of the down action on Gox and BTCChina was arbitrage realigning the prices. |