RationalSpeculator
Sr. Member
 Offline
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
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September 29, 2013, 02:55:57 AM |
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Is everybody asleep at Bitstamp?
nope, people are just waking up at gox |
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calian
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September 29, 2013, 02:56:50 AM |
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Interesting. My guess is that manual processing still works for the wealthiest. Obviously 5% of millions is a lot more lucrative than 5% of a few grand. I have serious doubts. Last time I successfully did get USD wired out of gox it came from Chase in NYC. That's not the Veridian Credit Union account that was much discussed. |
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SheHadMANHands
Legendary
Offline
Activity: 1168
Merit: 1000
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September 29, 2013, 02:57:04 AM |
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Aside from a few people (or one person) puting up ask walls, BitStamp is straight up dead.
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RationalSpeculator
Sr. Member
Offline
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
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September 29, 2013, 03:00:49 AM |
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would this gox withdrawal issue have raised the price? I used to think so due to people buying their way out via coins but the continuous 1 btc sales are probably from gox indeed raising cash since most of their cash got stolen. A large holder liquidating their coins that otherwise would not have been sold might have neutralized the upward effect?
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calian
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September 29, 2013, 03:01:52 AM |
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Aside from a few people (or one person) puting up ask walls, BitStamp is straight up dead.
Seriously, 3 trades in the last half hour. |
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gog1
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September 29, 2013, 03:14:32 AM |
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bitcoin market is quite fractured, mtgox has withdrawal problem, bitstamp is dead, btce dwindling volume, now BTC / fiat trade concentrates in China where currency cannot flow freely. Very hard to make of the moves.
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calian
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September 29, 2013, 03:16:52 AM |
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I guess these days instead of a weekend dip in the price we just see a weekend dip in the volume.
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markjamrobin
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September 29, 2013, 03:19:41 AM |
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I guess these days instead of a weekend dip in the price we just see a weekend dip in the volume.
Maybe it will all come back this week... |
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yefi
Legendary
Offline
Activity: 2842
Merit: 1511
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September 29, 2013, 03:23:27 AM |
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Is everybody asleep at Bitstamp?
nope, people are just waking up at gox  I thought I read on this thread that somebody had found a method for arbitration using Japanese bank withdrawals. I guess we'll see soon enough. |
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TERA
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September 29, 2013, 04:02:31 AM |
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According to http://btckan.com/price btc100.org a chinese exchange has done 111706.36 in 24hrs.... which is hard to believe.... Almost certainly BS. Many of the Chinese exchanges have zero fees - also the withdrawal frees are in the zero-point something area. Very little price difference is enough to arbitrage the shit out of the CNY market. No trading fees? Really? Where? What is the spread like and do they have a chart and order books? Sounds like a daytrading gold mine (for small players). |
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markjamrobin
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September 29, 2013, 04:09:41 AM |
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According to http://btckan.com/price btc100.org a chinese exchange has done 111706.36 in 24hrs.... which is hard to believe.... Almost certainly BS. Many of the Chinese exchanges have zero fees - also the withdrawal frees are in the zero-point something area. Very little price difference is enough to arbitrage the shit out of the CNY market. No trading fees? Really? Where? What is the spread like and do they have a chart and order books? Sounds like a daytrading gold mine (for small players). What is the point of running an exchange, with no fees. Where does the exchange make money? |
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Ares
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September 29, 2013, 04:14:13 AM |
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According to http://btckan.com/price btc100.org a chinese exchange has done 111706.36 in 24hrs.... which is hard to believe.... Almost certainly BS. Many of the Chinese exchanges have zero fees - also the withdrawal frees are in the zero-point something area. Very little price difference is enough to arbitrage the shit out of the CNY market. No trading fees? Really? Where? What is the spread like and do they have a chart and order books? Sounds like a daytrading gold mine (for small players). What is the point of running an exchange, with no fees. Where does the exchange make money? From the one that I saw, it was a limited time promotion. Though I believe its still going on |
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Walsoraj
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September 29, 2013, 05:19:48 AM |
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When is the last time Gox had this kind of volume on the weekend?
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rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1036
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September 29, 2013, 07:02:05 AM |
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Aside from a few people (or one person) puting up ask walls, BitStamp is straight up dead.
We were sleeping, since it was night. Sunday night. What is wrong with you? Just last week I was able to market sell BTC500 there with about 0.7% slippage (I mean sell with one click). I think it was a fair deal, since the intention for me was not to make petty money but to realign the portfolio for the purchasing of more silver. For a trade of this size, it worked very fine. The largest volume I have done there in one day was BTC1,800. |
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el_rlee
Legendary
Offline
Activity: 1600
Merit: 1014
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September 29, 2013, 07:30:55 AM |
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Aside from a few people (or one person) puting up ask walls, BitStamp is straight up dead.
We were sleeping, since it was night. Sunday night. What is wrong with you? Just last week I was able to market sell BTC500 there with about 0.7% slippage (I mean sell with one click). I think it was a fair deal, since the intention for me was not to make petty money but to realign the portfolio for the purchasing of more silver. For a trade of this size, it worked very fine. The largest volume I have done there in one day was BTC1,800. Keep some BTC, man. You might feel sorry otherwise. |
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MickeyT2008
Sr. Member
Offline
Activity: 350
Merit: 250
This account was recently hacked
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September 29, 2013, 10:33:34 AM |
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Aside from a few people (or one person) puting up ask walls, BitStamp is straight up dead.
We were sleeping, since it was night. Sunday night. What is wrong with you? Just last week I was able to market sell BTC500 there with about 0.7% slippage (I mean sell with one click). I think it was a fair deal, since the intention for me was not to make petty money but to realign the portfolio for the purchasing of more silver. For a trade of this size, it worked very fine. The largest volume I have done there in one day was BTC1,800. You've had Sunday night already there? What time zone are you in?   |
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wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
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September 29, 2013, 11:23:25 AM |
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Aside from a few people (or one person) puting up ask walls, BitStamp is straight up dead.
We were sleeping, since it was night. Sunday night. What is wrong with you? Just last week I was able to market sell BTC500 there with about 0.7% slippage (I mean sell with one click). I think it was a fair deal, since the intention for me was not to make petty money but to realign the portfolio for the purchasing of more silver. For a trade of this size, it worked very fine. The largest volume I have done there in one day was BTC1,800. Keep some BTC, man. You might feel sorry otherwise. The biggest BTC bull ending up missing the train would be ironic. |
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Zangelbert Bingledack
Legendary
Offline
Activity: 1036
Merit: 1000
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September 29, 2013, 11:42:55 AM |
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Why does Gox have so much more volume, with no withdrawals?
According to MtGox's latest notice (viewable when logged in and trying to do a withdrawal), they are processing them steadily with a few weeks' delay.  |
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BitAddict
Legendary
Offline
Activity: 1190
Merit: 1001
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September 29, 2013, 11:43:13 AM |
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Aside from a few people (or one person) puting up ask walls, BitStamp is straight up dead.
We were sleeping, since it was night. Sunday night. What is wrong with you? Just last week I was able to market sell BTC500 there with about 0.7% slippage (I mean sell with one click). I think it was a fair deal, since the intention for me was not to make petty money but to realign the portfolio for the purchasing of more silver. For a trade of this size, it worked very fine. The largest volume I have done there in one day was BTC1,800. Keep some BTC, man. You might feel sorry otherwise. The biggest BTC bull ending up missing the train would be ironic. He told bitcoin was going to be $100,000 by the end of the year, right? So what are you doing selling bitcoins!?  |
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Cablez
Legendary
Offline
Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
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September 29, 2013, 11:53:35 AM |
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Aside from a few people (or one person) puting up ask walls, BitStamp is straight up dead.
We were sleeping, since it was night. Sunday night. What is wrong with you? Just last week I was able to market sell BTC500 there with about 0.7% slippage (I mean sell with one click). I think it was a fair deal, since the intention for me was not to make petty money but to realign the portfolio for the purchasing of more silver. For a trade of this size, it worked very fine. The largest volume I have done there in one day was BTC1,800. Keep some BTC, man. You might feel sorry otherwise. The biggest BTC bull ending up missing the train would be ironic. He told bitcoin was going to be $100,000 by the end of the year, right? So what are you doing selling bitcoins!? Better yet, how are you going to buy silver with gox dollars? I haven't seen a PM dealer yet that takes those. |
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