Wild trading at tradehill

[pennytrader]

Price ranges from $6 to $15. I feel some market maker could take advantage of this crazy volatile move...

[herbertfilby]

Is it possible to trade through britcoin, get GBP, and convert to USD, and if so, where/how?

[bitcoinconnection]

I think people are taking advantage of the spreads. Trader are moving a lot of money around.








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[kostia]

I would buy some BTC now, but estimated time of deposit from LR showing on TH acc is 1-2 business days And for BTC estimated time is 1 hour. So sellers can fund their accounts fast, but not buyers, sure price will dive.

[SgtSpike]

I've got some buy orders placed at lower prices... hoping it dips down that far and I can double-up on what I had before. 

[1.21gigawatts]

It's the wild west!  Too much confusion in the markets for a stable price.  Ask yourself what has changed with bitcoins other than mt gox being hacked.  Has bitcoins been hacked?  no.  So what's the difference between now and 48 hours ago?  nothing

[Bit_Happy]

Crazy americans...

Britcoin is always stable.

Boring British  
Do many people use the site? If Yes, Why so stable?

[Isepick]

US$ liquidity is a bit thin right now. Sure wish I hadn't withdrawn mine last week. Good bargains to be had today and tomorrow as the weaker hands are shaken out of the market.

[TraderTimm]

1.) Newbie posts (not just this one) about market prices fluctuating.

2.) Seasoned veterans nod and wonder what all the excitement is about.

3.) Repeat until forum database explodes.

[coined]

Crazy americans...

Britcoin is always stable.

Boring British  
Do many people use the site? If Yes, Why so stable?

I don't think any professional traders use it, so very little market manipulation, just us plebs, also the interface is a little clunky...

[pennytrader]

1.) Newbie posts (not just this one) about market prices fluctuating.

2.) Seasoned veterans nod and wonder what all the excitement is about.

3.) Repeat until forum database explodes.

I like your post, as a newbie I didn't intend to spam the forum but I couldn't find a disucssion on the price movement, especially after such a historical event.

[Bazil]

Yeah after I moved all my money from trade hill to mtgox I had 7 usd left in trade hill.  So I put one order in for a bitcoin at 7 bucks and never thought it would get filled.

[Grant]

High spread == High uncertainty about the price

Nothing strange.

[WhyAskY]

Has TradeHill suspend trading?

[TraderTimm]

Has TradeHill suspend trading?

I just checked here (and wondered why you didn't):

https://www.tradehill.com/MarketData/

Current Bid/Offer:

11.00 / 11.99

Last:

11.80

[SgtSpike]

Has TradeHill suspend trading?

No.

[cecil w.]

TradeHill is running extremely slow. Instant buy and sell is effectively worthless today. That market data page needs to be static. Anyway, people should be using bitcoincharts to monitor the price methinks.

[Bit_Happy]

Totally dead the last 45 minutes or more, long live MtGox!   

[Bazil]

yeah apparently Tradehill wasn't ready for the influx of people they got from Mtgox's hiatus

[imperi]

yeah apparently Tradehill wasn't ready for the influx of people they got from Mtgox's hiatus

It's amusing how much people talk them up when they can only handle a tiny volume.