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Bitcoin Forum > Economy > Trading Discussion > Gox/Bitstamp spread breaches 20%. The bank run on Gox has started!
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Author Topic: Gox/Bitstamp spread breaches 20%. The bank run on Gox has started!  (Read 987 times)
zeroblock (OP)
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August 19, 2013, 07:10:20 AM
 #1
http://www.reddit.com/r/Bitcoin/comments/1kniz4/goxbitstamp_variance_blows_through_20_the_bank/
http://bitcoincharts.com/markets/
http://bitcoinwisdom.com/markets/mtgox/btcusd
AKCoins
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August 21, 2013, 10:41:56 PM
 #2
We use Bitstamp exchange rates for gold and silver bullion on our Online Precious Metals Site - AK Coins. The feed updates at the top of our page in real time.

We have been doing this for a while.  Mt. Gox is just not a realistic exchange rate for merchants to use.
tiptopgemdotcom
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August 24, 2013, 05:14:15 AM
 #3
Quote from: AKCoins on August 21, 2013, 10:41:56 PM
We use Bitstamp exchange rates for gold and silver bullion on our Online Precious Metals Site - AK Coins. The feed updates at the top of our page in real time.

We have been doing this for a while.  Mt. Gox is just not a realistic exchange rate for merchants to use.

Good move.

http://techcrunch.com/2013/08/23/feds-seize-another-2-1-million-from-mt-gox-adding-up-to-5-million/
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