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Richy_T
Legendary
 Offline
Activity: 2478
Merit: 2149
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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June 11, 2014, 09:44:03 PM |
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That picture just makes me glad I have never even seen it once. |
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Bagatell
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June 11, 2014, 09:44:19 PM |
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what is happening at bitstamp is very fishy.
Didn't you think the KYC was fishy enough? These are the signs of an exchange in trouble. It has happened before, and will likely happen again. You have all been through it before, but can you act on it? Time will tell. My coins have left stamp for now. I'll try to answer here: we used to include Bitstamp orderbook into our own orderbook for liquidity purpose. In other words, we were arbitraging between our own platform and Bitstamp. However as we continue to grow we decided to slowly (and I insist on "slowly"  withdraw this arbitraging program to let people do the arbitraging themselves. This is why you started to see a difference between the price on our platform and Bitstamp, as arbitraging for third parties is interesting only after a certain threshold (around 1% like now is not a very good opportunities). |
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Wandererfromthenorth
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June 11, 2014, 09:45:27 PM |
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what is happening at bitstamp is very fishy.
Didn't you think the KYC was fishy enough? These are the signs of an exchange in trouble. It has happened before, and will likely happen again. You have all been through it before, but can you act on it? Time will tell. My coins have left stamp for now. Yeah of course, never left BTC in bitstamp. I use it only when I need to buy coins with fiat, but I transfer them immediately to Bitfinex. If any of you guys have BTC in Stamp I'd take them out of there asap. |
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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June 11, 2014, 09:46:25 PM |
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dumpitty dump
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megashira1
Legendary
Offline
Activity: 1146
Merit: 1000
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June 11, 2014, 09:47:00 PM |
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why the massive dump .. does not compute
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hyphymikey
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June 11, 2014, 09:47:22 PM |
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Cheap coins for everybody!
EDIT: Only Bitstamp
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wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
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June 11, 2014, 09:49:05 PM |
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Well volume is up  |
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esse83
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June 11, 2014, 09:49:20 PM |
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Cheap coins for everybody!
EDIT: Only Bitstamp
EDIT: Only StampCoins (you know..like goxcoins..) |
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Richy_T
Legendary
Offline
Activity: 2478
Merit: 2149
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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June 11, 2014, 09:51:34 PM |
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why the massive dump .. does not compute
Rally did not materialize on time. |
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Wandererfromthenorth
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June 11, 2014, 09:52:36 PM |
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I don't know if bitcoin might survive another goxxing (a stamping) :/
Let's hope for a FUD pre bubble crash though.
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hyphymikey
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June 11, 2014, 09:52:38 PM |
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So this joker only has enough coins for one exchange? Ha! Weak!
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HerrAndreas
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June 11, 2014, 09:53:08 PM |
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wtf is going on on stamp?
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esse83
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June 11, 2014, 09:55:16 PM |
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Early signs of other exchanges ignoring and becoming disconnected from stamp as they know that there is irrationality (read: inside trading) going on.
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Wandererfromthenorth
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June 11, 2014, 09:55:29 PM |
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Guys, seriously, when things like this happen, take your BTC out of bitstamp now!
Nothing might happen but it's simply not worth the risk!!!
Put them on Bitfinex of BTC-E until things are a little clearer.
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dnaleor
Legendary
Offline
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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June 11, 2014, 09:56:07 PM |
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why such stamp FUD?
Really, I don't see signs why there are problems at that exchange...
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hd060053
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June 11, 2014, 09:57:35 PM |
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why such stamp FUD?
Really, I don't see signs why there are problems at that exchange...
u dont see the problem its insider trading, for example stamp selling their own coins because they know something bad with their exchange will happen soon. |
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esse83
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June 11, 2014, 09:58:06 PM |
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why such stamp FUD?
Really, I don't see signs why there are problems at that exchange...
Then you need to open your eyes. Please try to make sense of how this is actually just normal. Remember how gox had the most irrational trading going on the last month before it closed? Well, it might not be the case, but do you want to keep your coins there? |
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Bagatell
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June 11, 2014, 09:58:17 PM |
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why such stamp FUD?
Really, I don't see signs why there are problems at that exchange...
u dont see the problem its insider trading, for example stamp selling their own coins because they know something bad with their exchange will happen soon. I'll try to answer here: we used to include Bitstamp orderbook into our own orderbook for liquidity purpose. In other words, we were arbitraging between our own platform and Bitstamp. However as we continue to grow we decided to slowly (and I insist on "slowly" withdraw this arbitraging program to let people do the arbitraging themselves. This is why you started to see a difference between the price on our platform and Bitstamp, as arbitraging for third parties is interesting only after a certain threshold (around 1% like now is not a very good opportunities). |
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Wandererfromthenorth
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June 11, 2014, 09:58:33 PM |
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why such stamp FUD?
Really, I don't see signs why there are problems at that exchange...
Withdrawals invasive info requirements, price difference, unexplained dumps that other exchanges follow with a big delay. It might be only FUD of course, but considering the potentially DRAMATIC consequences, is it worth the risk? |
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Poll
