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Ivanhoe
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November 04, 2013, 12:20:02 AM |
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Lol at tradinglog of Bitstamp, almost no selling going on there.
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ablewasiereisawelba
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November 04, 2013, 12:48:45 AM |
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Just purchased 5BTC with the intent of selling this week after (hopefully) a ~10% bump based on hype alone.
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ChartBuddy
Legendary
 Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 04, 2013, 01:02:05 AM |
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InwardContour
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November 04, 2013, 01:29:11 AM |
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wow, bitstamp is just flying up today! 212.97.... was nervous for a minute, glad i held onto my coins!  |
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NewLiberty
Legendary
Offline
Activity: 1204
Merit: 1002
Gresham's Lawyer
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November 04, 2013, 01:32:01 AM |
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wow, bitstamp is just flying up today! 212.97.... was nervous for a minute, glad i held onto my coins! Coinbase buy price is >219, where are they getting them? |
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justusranvier
Legendary
Offline
Activity: 1400
Merit: 1009
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November 04, 2013, 01:35:09 AM |
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Coinbase buy price is >219, where are they getting them?
Maybe Coinbase has increased their commission? Or perhaps they are seeing enough BTC->USD business to start matching orders internally instead of relying on the exchanges? |
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BarkinTree
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November 04, 2013, 01:39:53 AM |
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Gox just pushed up to 227.30 .... and the show continues! got my popcorn and everything
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DougTanner
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November 04, 2013, 01:44:45 AM |
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Gox just pushed up to 227.30 .... and the show continues! got my popcorn and everything
I don't want to go to sleep  |
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ag@th0s
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November 04, 2013, 01:44:57 AM |
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wow, bitstamp is just flying up today! 212.97.... was nervous for a minute, glad i held onto my coins! Coinbase buy price is >219, where are they getting them? They're cooking them.... in their really lovely kitchen...  https://coinbase.com/about |
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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November 04, 2013, 01:50:22 AM |
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Interesting ask wall on BTC-E.. never seen them that large there. (1400)
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BitAddict
Legendary
Offline
Activity: 1190
Merit: 1001
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November 04, 2013, 01:50:35 AM |
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Gox just pushed up to 227.30 .... and the show continues! got my popcorn and everything
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NewLiberty
Legendary
Offline
Activity: 1204
Merit: 1002
Gresham's Lawyer
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November 04, 2013, 01:50:51 AM |
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Coinbase buy price is >219, where are they getting them?
Maybe Coinbase has increased their commission? Or perhaps they are seeing enough BTC->USD business to start matching orders internally instead of relying on the exchanges? This is their rate before commission. They add .5% If they are matching internally, they are doing so poorly if they can get them off exchange less expensively. I haven't seen what exchange they are meant to be sourcing from, if it is themselves it is an opaque exchange entirely. I should check the cooler, maybe they have some on ice. |
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justusranvier
Legendary
Offline
Activity: 1400
Merit: 1009
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November 04, 2013, 01:54:36 AM
Last edit: November 04, 2013, 02:04:57 AM by justusranvier |
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If they are matching internally, they are doing so poorly if they can get them off exchange less expensively. Maybe. Suppose their ability to send international wires in sufficient quantities was not scaling with their growth in BTC sales volume. In that case they'd have no choice but raise prices both to encourage more people to sell them bitcoins for USD, and to reduce the amount of BTC they have to source externally. |
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NewLiberty
Legendary
Offline
Activity: 1204
Merit: 1002
Gresham's Lawyer
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November 04, 2013, 01:58:34 AM |
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If they are matching internally, they are doing so poorly if they can get them off exchange less expensively. Maybe. Suppose their ability to send international wires in sufficient quantities was not scaling with their growth in BTC sales volume. In that case they'd have no choice but raise prices both to encourage more people to sell them bitcoins for USA, and to reduce the amount of BTC they have to source externally. Right, that may well be. Which suggests a forward indication as they take about a week to award the coins bought there to the Coinbase cloud wallet, so not even transferable elsewhere. |
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ag@th0s
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November 04, 2013, 02:02:10 AM
Last edit: November 04, 2013, 02:17:51 AM by ag@th0s |
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Mt Gox's kitchen on the other hand....  |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 04, 2013, 02:02:12 AM |
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NewLiberty
Legendary
Offline
Activity: 1204
Merit: 1002
Gresham's Lawyer
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November 04, 2013, 02:05:11 AM |
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Mt Gox's kitchen on the other hand....
They have Fukashima with which to contend, who can blame them? |
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Syke
Legendary
Offline
Activity: 3878
Merit: 1193
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November 04, 2013, 02:10:40 AM |
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They have Fukashima with which to contend, who can blame them?
Are you saying Gox bitcoins are radioactive??? |
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mb300sd
Legendary
Offline
Activity: 1260
Merit: 1000
Drunk Posts
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November 04, 2013, 02:12:53 AM |
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They have Fukashima with which to contend, who can blame them?
Are you saying Gox bitcoins are radioactive??? No, but GoxUSD sure is... |
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Syke
Legendary
Offline
Activity: 3878
Merit: 1193
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November 04, 2013, 02:32:17 AM |
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They have Fukashima with which to contend, who can blame them?
Are you saying Gox bitcoins are radioactive??? No, but GoxUSD sure is... Bitcoins - not even Gox can dirty them. |
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