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Author Topic: BitStamp vs MtGox  (Read 3065 times)
nak (OP)
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April 16, 2013, 01:43:21 PM
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Anyone noticed that for the first time in a while, BS is trading at higher prices than Gox? Could MTGox be losing it's chokehold on the BTC Exchange market?

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April 16, 2013, 01:45:45 PM
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Anyone noticed that for the first time in a while, BS is trading at higher prices than Gox? Could MTGox be losing it's chokehold on the BTC Exchange market?

I'm not shure your are asking the right question. Would it not be better to look at volume traded ?

nak (OP)
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April 16, 2013, 01:51:40 PM
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Understandably MTGox has higher volume, but for the first time I've noticed prices higher on BitStamp, I think it's really starting to gain traction.

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April 16, 2013, 03:17:22 PM
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Bitstamp offer cheap and fast SEPA payments, therefore I think many EU residents prefer it.
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April 17, 2013, 02:59:09 PM
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It's also more reliable than Mt GOx.
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April 17, 2013, 03:01:17 PM
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It's also more reliable than Mt GOx.

Not today.

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April 17, 2013, 03:22:49 PM
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I was wondering if it was related to how easy it is to get money in and out. Bitstamp was usually lower because it was easier to get money out than gox so sellers would accept a slightly lower price in return for better withdrawal service. Then in the boom, buyers moved to bitstamp to get away from gox and pushed the price up. Then in the bust, everyone wanted their money out again, so they sold on bitstamp and pushed the price down compared to gox.

I'm just guessing, though.

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April 17, 2013, 06:46:53 PM
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Bitstamp offer cheap and fast SEPA payments, therefore I think many EU residents prefer it.

yep, I've had same day transfers when using transferwise from UK - I made a guide on how to do it: http://bitcointransfer.blogspot.co.uk/


It has been DDOS'd a couple of times though... today being one of them Shocked

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nak (OP)
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April 17, 2013, 07:46:24 PM
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It's definitely gettings DoS'd now.

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