TERA
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October 07, 2013, 05:45:11 AM |
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I don't get the purpose of this thread anymore. Gox has become completely irrelevant. It is merely a slave to bitstamp. There is no fiat entering or exiting this exchange - it's merely a game of bots and traders who bet against eachother on price movements - which originate on Bitstamp. Bitstamp is where the fiat flows in an out of the btc economy now.
Bitstamp also doesn't have as much volume. So that says something. I think bitstamp's volume is real volume (people entering and leaving btc) whereas gox's volume is bots and traders that trade the same coins back and forth all day a dozen times. So the differences in volume may not have as much meaning as it seems.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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derpinheimer
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October 07, 2013, 06:15:04 AM |
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Only need a 33k sell to be pushing a new low... ATM bid and ask is slightly worse than the pre-crash, but a market order to the low 140's would fix that, as long as there is $$$ to fill the bids in. Quite surprising how quickly it all went. On topic. The rapid recovery from the SR news shows massive support in the market for the $130-140 level on mtgox ($120-125 on bitstamp).
Questionable. Its really hard to say anything until withdrawal issues are fixed. Bistamp/BTC-E/etc. cant really separate fully from Gox because people wont sell for [Well, currently wont sell for...] less than ~$25 from Gox price. And it makes sense for it to be that way. If I could sell on bitstamp for $5 under Gox I would. But I cant. Others are willing to take bigger hits. But few would take less than 20% loss, preventing more separation. Plus, like others said, the whole ordeal was just people hoping to buy back lower.
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TERA
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October 07, 2013, 07:13:04 AM |
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I don't get the purpose of this thread anymore. Gox has become completely irrelevant. It is merely a slave to bitstamp. There is no fiat entering or exiting this exchange - it's merely a game of bots and traders who bet against eachother on price movements - which originate on Bitstamp. Bitstamp is where the fiat flows in an out of the btc economy now.
Who told you that money can't be withdrawn from gox? There are posts all over this forum from people who have waiting months for their withdrawals in several threads. There are even bounties to prove a successful withdrawal from mtgox, which haven't been taken.
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ChartBuddy
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October 07, 2013, 08:02:37 AM |
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ChartBuddy
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October 07, 2013, 09:02:32 AM |
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ChartBuddy
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October 07, 2013, 10:02:43 AM |
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ChartBuddy
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October 07, 2013, 11:02:47 AM |
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ChartBuddy
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October 07, 2013, 12:02:37 PM |
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ChartBuddy
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October 07, 2013, 01:02:46 PM |
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ChartBuddy
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October 07, 2013, 02:02:41 PM |
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SkRRJyTC
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October 07, 2013, 02:20:11 PM |
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C C C C C COMBO
B B B B B BREAKER
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DougTanner
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October 07, 2013, 02:21:11 PM |
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The "Silk-Road-Shutdown Flash-Crash":
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adamstgBit
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Trusted Bitcoiner
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October 07, 2013, 02:26:30 PM |
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bitcointalk is back!! buy buy buy!
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ChartBuddy
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October 07, 2013, 03:02:47 PM |
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wachtwoord
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October 07, 2013, 03:20:48 PM |
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BTC has been extremely stable during btctalk's absence. Coincidence?
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oroboras
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October 07, 2013, 03:24:29 PM |
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There are no coincidences in Bitcoin.
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Tzupy
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October 07, 2013, 03:33:26 PM |
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BTC has been extremely stable during btctalk's absence. Coincidence? Yes, as much a coincidence as the SR news with wave A. Strange, but can happen.
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ChartBuddy
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October 07, 2013, 04:02:41 PM |
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Spaceman_Spiff
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₪``Campaign Manager´´₪
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October 07, 2013, 04:25:50 PM |
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C C C C C COMBO
B B B B B BREAKER
I loved Killer Instinct.
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