Miz4r
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Activity: 1246
Merit: 1000
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May 18, 2013, 12:10:25 AM |
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I think that's pretty unlikely. These walls are probably mostly from gox... bitstamp has proved itself pretty reliable and reasonably liquid. I doubt these big sellers want to go anywhere else.
Just be patient I guess, this is not the first time Bitstamp is a few dollars behind on Gox. Now perhaps a bit more than at other times but it's a free market and it will fix itself one way or another. I'd like to arbitrage if I could by selling bitcoins on MtGox and then buying them again on Bitstamp but I'm afraid the process will take too long. I guess other people would have already done it if there was a quick and easy way to arbitrage... |
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Abandon
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Activity: 112
Merit: 10
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May 18, 2013, 12:18:17 AM |
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I think that's pretty unlikely. These walls are probably mostly from gox... bitstamp has proved itself pretty reliable and reasonably liquid. I doubt these big sellers want to go anywhere else.
Just be patient I guess, this is not the first time Bitstamp is a few dollars behind on Gox. Now perhaps a bit more than at other times but it's a free market and it will fix itself one way or another. I'd like to arbitrage if I could by selling bitcoins on MtGox and then buying them again on Bitstamp but I'm afraid the process will take too long. I guess other people would have already done it if there was a quick and easy way to arbitrage... The fees would eat you up, not the risk of time. |
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micalith
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May 18, 2013, 12:57:17 AM |
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I think that's pretty unlikely. These walls are probably mostly from gox... bitstamp has proved itself pretty reliable and reasonably liquid. I doubt these big sellers want to go anywhere else.
Just be patient I guess, this is not the first time Bitstamp is a few dollars behind on Gox. Now perhaps a bit more than at other times but it's a free market and it will fix itself one way or another. I'd like to arbitrage if I could by selling bitcoins on MtGox and then buying them again on Bitstamp but I'm afraid the process will take too long. I guess other people would have already done it if there was a quick and easy way to arbitrage... Depends how much cash you want to arb. I was just using bitinstant to do it a couple of hours ago. Made 6% easy. Limits are $500 per transfer, and limited total per day. I only got $876 across. But now, oddly, bitstamp has suddenly been removed from the bitinstant pay options. I don't know if that's a glitch or if they've cancelled bitstamp pays... Are bitinstant the only ones doing this sort of thing? |
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 18, 2013, 01:00:08 AM |
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oroboras
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May 18, 2013, 01:05:24 AM |
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Chartbuddy has nothing to say, apparently.
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Loozik
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Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
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May 18, 2013, 01:28:06 AM |
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 [/img] Should go south soon. |
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Abandon
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Activity: 112
Merit: 10
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May 18, 2013, 01:35:34 AM |
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It's bound to grab onto some trend sooner or later, it doesn't have to always meet support or complete triangles. So it's not likely to continue with that support line if it doesn't need it anymore, and there isn't much of a resistance line.
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NamelessOne
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Activity: 840
Merit: 1000
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May 18, 2013, 01:35:40 AM |
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[/img] Should go south soon. Your upper line is way off unfortunately. |
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Loozik
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Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
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May 18, 2013, 01:42:44 AM |
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Your upper line is way off unfortunately.
Yes, the data is outdated. I fucking hate converting unixtime, so I do not do it regularily. I think it is a triangle continuation pattern https://www.exness.com/education/technical_analysis/trend_continuation_patterns The price went above the upper trendline a bit. I think it is a false break out. Time will tell. |
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Malawi
Full Member
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Activity: 224
Merit: 100
One bitcoin to rule them all!
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May 18, 2013, 01:45:18 AM |
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Damn you Americanos ! Sell your Alt coins on BTC-E transfer the BTC to MT GOX and sell for a $10 gain ! Soooo jealous
And then - how do they get the USD in their hands? I think the spread is due to americans buying BTC at MtGox so they can move the BTC to some other exchange where they can more easily get their fiats transferred to US. |
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ShroomsKit
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May 18, 2013, 01:49:51 AM |
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[/img] Should go south soon. After 500 pages you still didn't notice that drawing lines on charts is a total waste of time when it comes to Bitcoin? I find that hard to believe. |
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bitarrow
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May 18, 2013, 01:51:22 AM |
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Damn you Americanos ! Sell your Alt coins on BTC-E transfer the BTC to MT GOX and sell for a $10 gain ! Soooo jealous
And then - how do they get the USD in their hands? I think the spread is due to americans buying BTC at MtGox so they can move the BTC to some other exchange where they can more easily get their fiats transferred to US. Currently its pretty easy to wire USD out of Gox directly into my bank account. Always has been |
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keewee
Legendary
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Activity: 1025
Merit: 1000
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May 18, 2013, 01:57:24 AM |
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Bids rising, asks dropping  |
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 18, 2013, 02:00:27 AM |
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Ultraviolet
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Activity: 84
Merit: 10
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May 18, 2013, 02:12:12 AM |
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1k buy cleared out most of the asks to 125.
1k wall up at 123 now. Action soon maybe?
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Coinseeker
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May 18, 2013, 02:20:29 AM |
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We're still in a fairly overbought position, which we've been in all day, since breaking through 120. I would guess there's easily room to get into 125 but breaking though I'm not so sure. Even if we managed, unless the wall at 126 is a fake, I just don't see how there's enough steam to push through. I'd look at the price maxing in the 125 range and easing it's way back down a bit, much like what it's done all day.
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