TheKoziTwo
Legendary
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Activity: 1552
Merit: 1047
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November 10, 2013, 11:26:41 PM |
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btc-e is an anonymous exchange, people may be willing to pay for such privilege? They deposit with bitcoin/litecoin, sell, buy back later and withdraw with bitcoin/litecoin and never have to identify themselves.
Interesting. I wasn't aware of that. So how do they pay out dollar? Or are you saying they don't require ids for bitcoin payouts? I'm just glad that there's multiple exchanges doing volume. They require id if you want to deposit USD using bank transfer, but you can easily withdraw any cryptocurrency without id. In fact I think no id is required for cashing out USD either. Then they have USD deposit options such as perfect money which are also anonymous. |
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Voodah
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November 10, 2013, 11:27:26 PM |
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btc-e is an anonymous exchange, people may be willing to pay for such privilege? They deposit with bitcoin/litecoin, sell, buy back later and withdraw with bitcoin/litecoin and never have to identify themselves.
Interesting. I wasn't aware of that. So how do they pay out dollar? Or are you saying they don't require ids for bitcoin payouts? I'm just glad that there's multiple exchanges doing volume. Yup, they don't require ids for bitcoin payouts and you can also deposit USD anonymously. |
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freethink2013
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November 10, 2013, 11:30:48 PM |
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that does explain why is slightly cheaper. gox's price, and this is just a theory, is because people think they can't get out so rather than doing nothing they play thus giving more volatility.
For me, stamp is the closest to the 'real' price.
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SheHadMANHands
Legendary
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Activity: 1168
Merit: 1000
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November 10, 2013, 11:38:12 PM |
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I thought we might settle back at ~$350 on Gox today, setting up for Monday (in case another bullish week ensues following this). Plenty of volume now though. Certainly plenty of capitulation this weekend from those taking down profits..
Am I a wizard?You guys have got to watch for those dub apps. |
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freethink2013
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November 10, 2013, 11:42:10 PM |
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I thought we might settle back at ~$350 on Gox today, setting up for Monday (in case another bullish week ensues following this). Plenty of volume now though. Certainly plenty of capitulation this weekend from those taking down profits..
Am I a wizard?You guys have got to watch for those dub apps. I seem to remember some guy saying "anything below $300 is a bargain" - i feel like he almost singlehandedly saved bitcoin |
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crazy_rabbit
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Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
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November 10, 2013, 11:50:30 PM |
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I thought we might see consolidation at around $300 for while, but the highlighted article on Zerohedge saying BTC could go to $1m is dynamite.
Bring on $400.
That article seems to say it could go to $1 million because with bitcoin everything is so ridiculous you can just pick a random number out of the air (true). That said, google news only mentions the headline, which reads like a statement of fact. |
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BitAddict
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Activity: 1190
Merit: 1001
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November 10, 2013, 11:58:26 PM |
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I thought we might see consolidation at around $300 for while, but the highlighted article on Zerohedge saying BTC could go to $1m is dynamite.
Bring on $400.
That article seems to say it could go to $1 million because with bitcoin everything is so ridiculous you can just pick a random number out of the air (true). That said, google news only mentions the headline, which reads like a statement of fact. The writer doesn't understand anything about bitcoin. He thinks the only purpose of bitcoin is playing the bubble game before the last and big burst. |
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jojo69
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Activity: 3360
Merit: 4663
diamond-handed zealot
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November 10, 2013, 11:58:40 PM |
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if it only goes to 1 mil I will be disappoint
I figure 7M probably
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ChartBuddy
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Activity: 2366
Merit: 1820
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 11, 2013, 12:01:43 AM |
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Walsoraj
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November 11, 2013, 12:06:22 AM |
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I thought we might see consolidation at around $300 for while, but the highlighted article on Zerohedge saying BTC could go to $1m is dynamite.
Bring on $400.
That article seems to say it could go to $1 million because with bitcoin everything is so ridiculous you can just pick a random number out of the air (true). That said, google news only mentions the headline, which reads like a statement of fact. The writer doesn't understand anything about bitcoin. He thinks the only purpose of bitcoin is playing the bubble game before the last and big burst. Sounds like he understands bitcoin perfectly. |
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CMMPro
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November 11, 2013, 12:17:33 AM |
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We have been overbought all afternoon....starting to turn down now.
Let's see how this plays out as China wakes up...
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spooderman
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Activity: 1652
Merit: 1029
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November 11, 2013, 12:47:05 AM |
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dat volatility
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oakpacific
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November 11, 2013, 12:52:35 AM |
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gox people are ultra-bulls because they are willing to take chances because money is almost impossible to get out of there.
stamp are the middle, bit nervous but basically the real average
btc-e are total bears, kills them to be in triple digits
the third point becomes less true in strong rallies and more true in deep corrections.....btc-e traders are definitely a panicky crowd one the trend shows any sign of changing. Can anyone explain why anyone would sell on Btc-e for less than they could get on Stamp? Is it because of trading between LTC and others or something? It's difficult to get USD into Russia. |
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CoinDox
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November 11, 2013, 12:53:50 AM |
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Can anyone explain why anyone would sell on Btc-e for less than they could get on Stamp? Is it because of trading between LTC and others or something?
I've long been of the opinion that some of the price disparities between the exchanges are being intentionally exacerbated. I believe there are certain individuals that can profit from this situation. I could be off my rocker too. I would say from the heavy manipulation on Gox witnessed last night this is spot on. |
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strawbs
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Activity: 873
Merit: 1355
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November 11, 2013, 12:55:14 AM |
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Bitstamp now only $5 below Gox. Some folk must be making the most of arb opportunities - the folk running Gox probably!
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Loozik
Sr. Member
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Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
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November 11, 2013, 12:59:34 AM |
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btc-e is an anonymous exchange, people may be willing to pay for such privilege? They deposit with bitcoin/litecoin, sell, buy back later and withdraw with bitcoin/litecoin and never have to identify themselves.
No ID and utility bill scans? |
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ElectricMucus
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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November 11, 2013, 01:00:47 AM |
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stfu
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bucktotal
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November 11, 2013, 01:02:13 AM |
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btc-e is an anonymous exchange, people may be willing to pay for such privilege? They deposit with bitcoin/litecoin, sell, buy back later and withdraw with bitcoin/litecoin and never have to identify themselves.
No ID and utility bill scans? nope |
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SheHadMANHands
Legendary
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Activity: 1168
Merit: 1000
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November 11, 2013, 01:07:24 AM |
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Cmon Gox, stop being a little bitch and go back to 350$.
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ag@th0s
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November 11, 2013, 01:08:53 AM |
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Nice idea, but they need to re-configure it fast . MtGox is dead. |
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