BITSTAMP eXchange wall Observer. second biggest and best exchange

[RationalSpeculator]

+15 dollar separation. if they are dumping on stamp, some no doubt are, then why does it continue to climb? lets go stamp break that hundo

nobody is dumping at stamp. People play the game of increasing their bitcoin holdings with playmoney locked in mtgox. Just look at how much money was there on the sidelines

How do you know that?

Bitstamp from time to time has large sells too. 500+

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[XXthetimeisnowXX]

ok a bit off topic but why does coinbase set there buy sell price so damn low? to sell on coinbase you would not even get 100 right now? even stamp is at 100. and gox is 115. so how do they come up with this? seams a bit low imo

I guess that's how they make money?

look at the buys though, its not like the buy is 115!! damn, dont read half my question. the buy is at 99.60 THE BUY is BELOW 100. how do they come up with that? when the half way point on gox and stamp (the majority (about 85% or more)) is 107.  now can you tell me a better answer than "thats how they make money"

[Its About Sharing]

Bitstamp bid sum / ask sum is at $72. This is the highest I have seen it in the past few weeks. Rally peaking or just warming up for more?

First, I think 100 is a clear psychological resistance (on both exchanges).

Regarding the Bid Sum / Ask sum, I'm not very familiar with understanding it, but from what I gather with this most recent rally (using my TA and others), it looks like something bigger is brewing. I'm not saying we don't revisit the $60's or so later, but I think this rally can take us from 120 or 160...

Any info on better understanding the Bid/Ask Sum, would be appreciated (e.g., links, etc.)

IAS

[XXthetimeisnowXX]

bitstamp stagnant as gox rockets. 117.80  and climbing. gox trying to break 100 ha ha

[dnaleor]

bitstamp stagnant as gox rockets. 117.80  and climbing. gox trying to break 100 ha ha

indeed. This is a huge spread. I think it won't take long to break 100 USD on bitstamp. Saw some strong buying already.

[molecular]

bitstamp stagnant as gox rockets. 117.80  and climbing. gox trying to break 100 ha ha

indeed. This is a huge spread. I think it won't take long to break 100 USD on bitstamp. Saw some strong buying already.

it just happened. let's see if it lasts

[vokain]

C'mon bitstamp, you can do it!! Close that gap!

[phatsphere]

Sup.

sup $110

[thoughtfan]

Love it when this happens:



price converging and volume catching up with gox

[spooderman]

healthy times

[ElectricMucus]

healthy times

That means selloff incoming.

[byronbb]

Sell walls at $115 on bitstamp and $125 probably same guy.

[spooderman]

yes but a less obvious market leader is the health I am referring to. Not the Btc price

[thoughtfan]

healthy times

I'm less inclined to call it 'healthy' yet.  I'm on the fence as to the likelihood of gox imploding, carrying on as it is indefinitely or totally finally getting its house in order (my fence has three sides ).  There's also the question of how well Bitstamp would fare under the same kind of scrutiny and attention gox is currently suffering from the authorities so I am less inclined to be in celebratory mood unless we at least have third and fourth place exchanges with a reasonable proportion too.  However, if gox continues like this for another month or so I'm guessing the impact overall on better distribution is likelier to be long-lasting and if they then become a viable option again for many then I think I'd be more comfortable with calling it 'healthy'.

In the meantime we've got the off-record exchanges such as coin-base as well as p2p trades which must also be getting a boost from the gox problems.  And once people have been forced into looking at other options I think they're much less likely just to go back to depending on one means of exchanging.  All good signs though the day I'm really looking forward to is a p2p exchange

[Notanon]

I'd say they would really try to get their house in order when Bitstamp overtakes them in volume and start to feel more threatened as a result.

[marcovaldo]

Sell walls at $115 on bitstamp and $125 probably same guy.

Price won't go above 120 usd at bitstamp anytime soon.

[byronbb]

Sell walls at $115 on bitstamp and $125 probably same guy.

Price won't go above 120 usd at bitstamp anytime soon.

Ya I meant $125 on gox.

[FNG]

Sell walls at $115 on bitstamp and $125 probably same guy.

Price won't go above 120 usd at bitstamp anytime soon.

Before next Sunday. Probably sooner but I'll give it a week.

[IGHOR]

Qt Bitcoin Trader - Open Source Trading client.
Added Bitstamp support!
Feel free to give feedbacks and bug reports.
https://bitcointalk.org/index.php?topic=201062.msg3011824#msg3011824

[Kupsi]

$120