BITSTAMP eXchange wall Observer. second biggest and best exchange

[XXthetimeisnowXX]

BITSTAMP WALL OBSERVER.


A free service brought to you by the bitcoin community


we saw today that bitstamp stopped following mt gox and did its own thing. I think this is a good idea to stop focusing on MT GOX so much and let others know that there are other exchanges out there.

today demonstration of it leaving the norm by 15 plus dollars is a good sign that wee need a tracker for bitstamp as well as mt gox. for those of you who dislike,don't use, despise,mt gox or just love the ease and smoothness of bitstamp then this is your place

feel free to post whenever neccicary, and Whenever there is a significant change in market depth, please update this thread with a new depth chart, and a good price chart with some TA is also welcome,

BITSTAMP- NEXT BEST EXCHANGE.

[RyNinDaCleM]

It won't last! Arbitrage bots will eliminate this when it's not due to a service failure

[XXthetimeisnowXX]

It won't last! Arbitrage bots will eliminate this when it's not due to a service failure

ya but still we gotta get the focuse of GOX if some one were to come on here to learn about BTC they would think MT gox was the only one people that are in the know are using.  that means another fuck up by mt gox with 70% of the money and coins and all the noobs go there then i dont think that they are changing. they will just put up with the lag and the bs and if they gett attacked then what. we need to decentralize our decentralized money. dont you think?!?

[2_Thumbs_Up]

There really should be a site that adds the bids and asks from all sites.

[RyNinDaCleM]

There really should be a site that adds the bids and asks from all sites.

http://bitcoin-analytics.com/

[XXthetimeisnowXX]

it seams the arbitrator bots are not picking up on bitstamps constant reduced price for bitcoins. price has been at least 5 or >  now around four dollar differential.   currently the price at STAMP is 120 while the price at gox is 124. cheep coins over at Bitstamp right now.

also its probably a bitcoinity thing but showing several hours of no info on stamp, two separate occasions in the last 24 hours.

[epetroel]

it seams the arbitrator bots are not picking up on bitstamps constant reduced price for bitcoins. price has been at least 5 or >  now around four dollar differential.   currently the price at STAMP is 120 while the price at gox is 124. cheep coins over at Bitstamp right now.

also its probably a bitcoinity thing but showing sever hours of no info on stamp, two separate occasions in the last 24 hours.

Historically (if you look at the 30 day average on bitcoincharts.com) the price on Bitstamp is usually higher than Gox.  I was going to tweak my arbitrage bot now that it seems to be trending lower than Gox, but figured I would wait a few more days to see if this is just a temporary thing or not

[XXthetimeisnowXX]

it seams the arbitrator bots are not picking up on bitstamps constant reduced price for bitcoins. price has been at least 5 or >  now around four dollar differential.   currently the price at STAMP is 120 while the price at gox is 124. cheep coins over at Bitstamp right now.

also its probably a bitcoinity thing but showing sever hours of no info on stamp, two separate occasions in the last 24 hours.

Historically (if you look at the 30 day average on bitcoincharts.com) the price on Bitstamp is usually higher than Gox.  I was going to tweak my arbitrage bot now that it seems to be trending lower than Gox, but figured I would wait a few more days to see if this is just a temporary thing or not

YA  still 4 or more dollars right now....but ive seen it at around two today as well. what arbitrage bot do you use? im not going on gox but camp bx and others i am on. i would like to start using it since im constantly monitoring the exchanges anyways.

[EuroTrash]

I think the price is lower on BitStamp because it is easier to take fiat out of BitStamp than Gox.

[Odalv]

Bitstamp is best EU exchange. But they are trying too hard, this may results in security flaws.

[Odalv]

Bitstamp is best EU exchange. But they are trying too hard, this may results in security flaws.

1) they accepts 3 confirmation
2) easy password reset and send via email (just one click, simple for hackers)
3) bot can operate only without 2-factor auth. (high risk)

... still I'm using their services :-)

[dandirk]

YA  still 4 or more dollars right now....but ive seen it at around two today as well. what arbitrage bot do you use? im not going on gox but camp bx and others i am on. i would like to start using it since im constantly monitoring the exchanges anyways.

4-5 dollars is enough?

With exchanging services, fees, AML limitations etc moving money to/for must cost more then 4% profit you are making?

[crazy_rabbit]

BITSTAMP WALL OBSERVER.


A free service brought to you by the bitcoin community


we saw today that bitstamp stopped following mt gox and did its own thing. I think this is a good idea to stop focusing on MT GOX so much and let others know that there are other exchanges out there.

today demonstration of it leaving the norm by 15 plus dollars is a good sign that wee need a tracker for bitstamp as well as mt gox. for those of you who dislike,don't use, despise,mt gox or just love the ease and smoothness of bitstamp then this is your place

feel free to post whenever neccicary, and Whenever there is a significant change in market depth, please update this thread with a new depth chart, and a good price chart with some TA is also welcome,

BITSTAMP- NEXT BEST EXCHANGE.

What happened at bitstamp?

[kakobrekla]

Bitstamp is best EU exchange. But they are trying too hard, this may results in security flaws.

1) they accepts 3 confirmation
2) easy password reset and send via email (just one click, simple for hackers)
3) bot can operate only without 2-factor auth. (high risk)

... still I'm using their services :-)

They also have a buggy trading engine, fucked up orderbook, kinda stealing with the fees via ultra lame implementation, not to mention buggy front end JS and fucked up interface, such that you need 3 open tabs to trade.
The next best exchange. So fuckin sad.

[XXthetimeisnowXX]

Bitstamp is best EU exchange. But they are trying too hard, this may results in security flaws.

1) they accepts 3 confirmation
2) easy password reset and send via email (just one click, simple for hackers)
3) bot can operate only without 2-factor auth. (high risk)

... still I'm using their services :-)

They also have a buggy trading engine, fucked up orderbook, kinda stealing with the fees via ultra lame implementation, not to mention buggy front end JS and fucked up interface, such that you need 3 open tabs to trade.
The next best exchange. So fuckin sad.

ya a few times i had isuess but has it crashed? has it made the market go down significantly? have they had to take there servers off line for 12+  hours? if they do go down will it hurt bitcoin to the point that it will take years (mayby) to recover. just saying. we need to think out side of "the gox"  bitstamp is for me the better of the two evils. if gox is going up stamp is behind so i know to buy if its going down i know to sell. ill be ahead of the game. ya there are bad things but there are also good thing. if  you have 100S of coins then ya not the most secure place to put it but if you want quick trades and you coins to fiat fast with no lag then for sure stamp. good for about a hundo coins. but i have never had a buy/sell order that didnt go threw, as in orders like ten up ten down. they are a good exchange but if you want to stick with gox that is fine but the noobs should know about this exchange and gox should not have .70% of the market imo.

[XXthetimeisnowXX]

also if you want every exchange to fail and all of us to just use gox and have gox fuck up then keep being negative.  for people who belive in bitcoins you sure want it to be centralized and have one company control it. now that is so fucking sad.  



btw clay mathews is a little blond bitch that cant play a whole season and rogers cant beat the Seahawks. hahahaha

[DiThi]

So.... nobody is going to post a wall pic? What's the purpose of the thread then?

I'll begin.



I would eat that whole wall (124, while mtgox@127) but I'm out of fiat (and I never had that much to begin with).

[TimJBenham]

They also have a buggy trading engine, fucked up orderbook,

I've noticed the bid is sometimes higher than the ask. What is with that?

[DiThi]

They also have a buggy trading engine, fucked up orderbook,

I've noticed the bid is sometimes higher than the ask. What is with that?

It's supposed to update in real time (without having to refresh), but it seems bids and asks are switched. I noticed this bug just when the price collapsed the 10th and it was very confusing.

[kakobrekla]

also if you want every exchange to fail and all of us to just use gox and have gox fuck up then keep being negative.  for people who belive in bitcoins you sure want it to be centralized and have one company control it. now that is so fucking sad. 

Yes its sad that such lowball services get to the percent of the market share that it did. It wouldn't if there was a better option. This one is joke for any semi-serious player.

They also have a buggy trading engine, fucked up orderbook,

I've noticed the bid is sometimes higher than the ask. What is with that?

Thats just one of the idiotisms that you will meet using it.