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Author Topic: Reason for new high... maybe this...  (Read 676 times)
ehoffman (OP)
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March 06, 2013, 11:35:52 AM
 #1

Thay may be the reason for new high...

http://www.techhive.com/article/2029980/bitcoin-exchange-teams-with-us-banks-to-broaden-service.html

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pennywise
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March 06, 2013, 01:34:25 PM
 #2

Well it's definitely part of the hype.

It looks like Gox is moving closer to States, where most of the clients/bitcoin users come from. Besides, the 'states are easier to cooperate with if you (the company) are based there.

There is some anger between old customers, besause they mostly do not want their accounts to be transferred to Coinlab. But overall I think this development is good news.

We went through a period where it was briefly tough and now there are 1400 new billionaires in the world - maybe some capital was misallocated... --Kyle Bass
tom78587
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April 30, 2013, 11:05:32 PM
 #3

Time to move to Cali for a job.  Cool
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April 30, 2013, 11:32:14 PM
 #4

I wish it was another exchange opening as we need more diversity and better competition to protect against what happens to Bitcoin when Gox goes down, but if it helps adoption then I guess it's good for right now.
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April 30, 2013, 11:50:11 PM
 #5

Wow, it's an older post, but I had no idea this was happening. That's fantastic. Now I might feel comfortable using Mt. Gox to transfer some money into Bitcoin.

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RonSwanson
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April 30, 2013, 11:55:12 PM
 #6

I believe that it will probably stay like this for a week or so before shooting up again, mainly because of this news, and the PayPal news.
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