Anyone doing a 5000 coin arb on bitcoinbuilder has balls of steel (or insider knowledge)
The timing is about right for an ARB to be possible, however that is a LOT of coins. 10K or more in total from what has been sold already + that wall.
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What if the guy on bitcoin builder meant to put a bid in at .19 rather than sell.
I dunno, for it being a mistake they are keeping at it pretty well. Sell wall after sell wall going up. They're getting bought (volume closing in on 20K!) but it's very very low. Someone either paniced or knows for a fact Gox is done and is dumping thousands. That or they wired a gigantic sum of fiat to Gox a few days ago and are now arb-ing for 25% profit.
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do i understand that right?:
you speculate on that btc-builder will exist longer than your gox speculation will run, so that you can get your btc out again and not be trapped in gox?
The odds are 5:1 right now at these prices. I don't believe the odds for Gox BTC are as bad as that in reality. I might lose a lot of real BTC, so what, it's all play money I mined anyway. It's worth a gamble at these odds, I will have no regrets if I lose.
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Cryptsy graph is broken, however you can click the volume graph and that works. The price isn't something to be happy about so far though.
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Hey! What's going on with Bitcoinbuilder? Last price 0.22 with gox/stamp 0.29. Wtf?
An American woke up early to check on how things are and freaked out like 1,5k coin dump @0.3, could be finally arbitrage, since gox/stamp price is like 0.23-0.25'ish. Or just a panic I saw at least 1000 go at 0.19 way below market rate (admittedly still higher than someone might have bought at Gox earlier)
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Hey! What's going on with Bitcoinbuilder? Last price 0.22 with gox/stamp 0.29. Wtf?
An American woke up early to check on how things are and freaked out That or we're screwed. I'm sending more BTC to builder now anyway, double or nothing. Hurry up Stamp "waiting to be processed"
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someone is betting that gox is kaput.
I hope it's someone who just woke up, saw Mark resigned and the twitter got emptied and freaked out. If this is inside info trading I'll be well screwed lol it was put up prior to the announcement but after some dumping started occuring I'm talking about bitcoinbuilder. Someone sold a few K coins at 0.19 while we were at 0.35 (and real ratio was 0.27)
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someone is betting that gox is kaput.
I hope it's someone who just woke up, saw Mark resigned and the twitter got emptied and freaked out. If this is inside info trading I'll be well screwed lol
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Damn the owner is getting 10s of BTC And finally someone arbitraged
10s? Try 100s. Look at that volume! http://bitcoinity.org/markets/bitcoinbuilder/GOXBTCDoesn't look like arbitrage, it's too low. Doesn't make much sense selling way lower than the actual ratio.
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Unreal dumpage now on bitcoinbuilder. Literally thousands.
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Someone just dumped all the way down to 0.19 on bitcoinbuilder
I bought some at .19 while the buy orders were still showing 0.32 Unfortunately I ran out of BTC Makes you wonder if someone "knows" something though. Oh the paranoia.
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Btw. Hails to TERA for being right again and again in such difficult times.
Nothing against anyone but news driven events like these are unpredictable, unless you have a glass ball. All the TA in the world doesn't make it any less of a guessing game when it comes to outside events.
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And people wonder why there's so many "sheep" in a crash. We've been conditioned to assume someone knows more than us when they start to dump. More often than not, they do.
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Precisely.
Anyway, picked up 1 BTC worth of DRK between 0.0014 and 0.0016 on Polo. Gotto be worth a gamble at these prices with Cryptsy confirmed.
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It's interesting to follow the price on bitcoinbuilder. The floor seems to be around 0.3 and it won't go below that pretty much no matter what happens (I suspect if Gox went sub-90 we might break it) but it does follow the actual gox/stamp ratio fairly well in parallel when it goes up.
I've made a few trips from low .3's to .4 today, even with the 2% fee it's not too bad and slightly more predictable than Gox itself.
I can't see my trade history anywhere, is it on the BTC builder website? Unfortunately there's no usable trade history that I have found. There is a history of ALL trades however, in a raw format, you can sieve through that to find your own trades if you remember what you put in.
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It's interesting to follow the price on bitcoinbuilder. The floor seems to be around 0.3 and it won't go below that pretty much no matter what happens (I suspect if Gox went sub-90 we might break it) but it does follow the actual gox/stamp ratio fairly well in parallel when it goes up.
I've made a few trips from low .3's to .4 today, even with the 2% fee it's not too bad and slightly more predictable than Gox itself.
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MT.GOX CEO RESIGNS
IT'S HAPPENING!!! GOXILLA!!
...from the BTC foundation.
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Yay an exchange that does what it's supposed to. Let's not get ahead of ourselves
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"Awesome news! Mark resigned from the foundation. Something we have been asking for for weeks! Great, now what? Uhm we do what we always do: panic sell on Stamp!"
It's not so much panic as some people (or someone) using the occasion to build ridiculous sell walls and drive it down. Slightest hint of positive news and we'll fly back over 600.
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