Recent Price Rise driven by Euro

[Mageant]

When I look at the charts recently it seems to me the Euro price of Bitcoin has been usually significantly higher than the USD/EUR exchange rate compared to the USD-rate for Bitcoin.

Seems like there is a lot of demand Europe, possibly because of the Cyprus crisis.

Also Euro exchanges seem to have more volume, notably bitcoin-24.com.

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[tutkarz]

Bitcurex.pl also have price PLN/BTC already at $82. Looks like whole europe is buying now.

[ElectricMucus]

IIRC Euro prices were always a tad higher in comparison.
The few times I bought BTC it was a better deal to pay mtgox to convert my euros to dollar and buy there.

[Mageant]

IIRC Euro prices were always a tad higher in comparison.
The few times I bought BTC it was a better deal to pay mtgox to convert my euros to dollar and buy there.

I noticed that too, but it seems a bit more than usual in the last days.

[w1R903]

IIRC Euro prices were always a tad higher in comparison.
The few times I bought BTC it was a better deal to pay mtgox to convert my euros to dollar and buy there.

I noticed that too, but it seems a bit more than usual in the last days.

Also, bitstamp, an exchange that caters to Europeans dealing in the dollar, is leading the charge.  More support for this hypothesis that Europe is getting on board.

[OnlyGoodVibes]

Makes me wonder how all these new hands will affect the atmosphere in the market, with less strong hands things could get volatile.

[byronbb]

Id love to see the various currencies graphed together all priced to usd (or silver or gold).

[Elwar]

The world is huge, full of a lot of people. As different corners of the world pick up on Bitcoin, it will lurch forward and most of us will have no idea where it is coming from.

This is not your father's currency.

[RationalSpeculator]

Bitcoin24.com is indeed a serious premium these days! It used to be cheaper to buy btc at btc24 then at mtgoxeur, about -3%, now it's 10% higher!?! 65€/btc at btc24 vs 59€/btc at mtgoxeur. Those that have cash at mtgox can make a nice margin buying btc cheaper there and selling at btc24.

Also note that btc24 has become larger in volume than mtgoxeur

No trading fees is very sweet

Barely any costs for depositis and withdrawals is also nice!

I love bitcoin24.com 

[Odalv]

Bitcoin24.com is indeed a serious premium these days! It used to be cheaper to buy btc at btc24 then at mtgoxeur, about -3%, now it's 10% higher!?! 65€/btc at btc24 vs 59€/btc at mtgoxeur. Those that have cash at mtgox can make a nice margin buying btc cheaper there and selling at btc24.

Also note that btc24 has become larger in volume than mtgoxeur

No trading fees is very sweet

Barely any costs for depositis and withdrawals is also nice!

I love bitcoin24.com 

I hope, site will not be hacked soon. (and all bitcoins and money lost)

[Beta-coiner1]

I noticed that too, but it seems a bit more than usual in the last days.

Yeah,I think there is general distrust throughout Europe and one just has to look at Google trends over the last 30 days to see where the interest is coming from.This kinda helps with pushing transactions as well in Cyprus.