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Author Topic: where are miners selling now days with mtgox having issues?  (Read 1912 times)
fcmatt (OP)
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June 21, 2011, 09:19:53 PM
 #1

I am curious where people are selling their btc now that mtgox has had issues.

I see that tradehill, today, seems to have people aggressively selling and lowering
down the price.. while another exchange in EU has a higher btc price.

So where do you plan to sell today or down the road?
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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nebiki
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June 21, 2011, 09:23:24 PM
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i doubt miners sell on a daily basis. they will probably wait for mt gox to be back in business.

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SmokeAndMirrors
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June 21, 2011, 11:08:08 PM
 #3

Cavirtex.com for me. It's one of few Canadian exchange sites that makes trading very simple.

Help Bitcoins by buying clothes, technology, books, etc. through people/stores that accept BTC. This will increase overall value of BTC as well as mitigate unnecessary bank transaction fees.

My address -
1EM9HGg1SEa5Bux1rVEPxGqGSfNTTc9EkC
teflone
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June 22, 2011, 12:22:33 AM
 #4

I love that site too, but its closed for putting money in, its in beta.

So I find the values and market less than adequate, very low sell rate.. Sad

I think its from the LACK of people using it, and being in beta and not accepting new cash untill the go fully live

For Canadians by Canadians: Canada's Bitcoin Community - https://www.coinforum.ca/
jhansen858
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June 22, 2011, 12:28:48 AM
 #5

not selling as long as the market under $20

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enmaku
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June 22, 2011, 12:30:20 AM
 #6

not selling as long as the market under $20

This.

Also TradeHill has a pretty decent feature set and lower rates than Mt. Gox anyway. I've even switched my web site to their API feed and have no intentions of switching it back. Mt. Gox isn't just having issues, it's having death throes.
teflone
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June 22, 2011, 12:40:13 AM
 #7

not selling as long as the market under $20

This.

Also TradeHill has a pretty decent feature set and lower rates than Mt. Gox anyway. I've even switched my web site to their API feed and have no intentions of switching it back. Mt. Gox isn't just having issues, it's having death throes.

Could you give me some details on the trading api ?   
how would I go about using it?

Im already using Sierra charts..


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teflone
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June 22, 2011, 01:34:27 AM
 #8

Never mind, figured it out.. Smiley

All charts on bitcoincharts are availble for Sierra charts

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SmokeAndMirrors
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June 22, 2011, 01:40:43 AM
 #9

I love that site too, but its closed for putting money in, its in beta.

So I find the values and market less than adequate, very low sell rate.. Sad

I think its from the LACK of people using it, and being in beta and not accepting new cash untill the go fully live

It's a shame, but I don't quite think it was the deposit change. That probably added to it, but I noticed the drop from $17.50 to $11 (currently at about $13.5 steady) the moment the MTGox bullIsht went down. It will be nice once they're back up to $20+ and once more canadian bitcoiners start using it. I know I will be dropping every single coin in there that I plan to sell, if I can't buy the items I want with bitcoins that is.

Help Bitcoins by buying clothes, technology, books, etc. through people/stores that accept BTC. This will increase overall value of BTC as well as mitigate unnecessary bank transaction fees.

My address -
1EM9HGg1SEa5Bux1rVEPxGqGSfNTTc9EkC
BeeCee1
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June 22, 2011, 01:46:19 AM
 #10

. I've even switched my web site to their API feed and have no intentions of switching it back. Mt. Gox isn't just having issues, it's having death throes.

You should update the text of the website to make it clear you are getting data from TradeHill.  It currently states "Prices represent four hours of live trade data at Mt. Gox."
typhon
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June 22, 2011, 02:04:43 AM
 #11

not selling as long as the market under $20

Exactly; I'm just holding.  Not really in any hurry.
AngelusWebDesign
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June 22, 2011, 03:15:05 AM
 #12

To answer the OP:  Tradehill.

If you'll notice, a LOT of people have begun trading on Tradehill that weren't trading there 7 days ago.

The number of "blue and red dots" is enormous now (referring to their "market snapshot" graphic). A huge blob of blue and another huge blob of red. It used to be *very* sparse just last Saturday.

I think Tradehill will be getting a permanent shot-in-the-arm.

Need I remind everyone that when you do something for 3 days it becomes a habit?

Matthew
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June 22, 2011, 07:11:11 AM
 #13

To answer the OP:  Tradehill.

If you'll notice, a LOT of people have begun trading on Tradehill that weren't trading there 7 days ago.

The number of "blue and red dots" is enormous now (referring to their "market snapshot" graphic). A huge blob of blue and another huge blob of red. It used to be *very* sparse just last Saturday.

I think Tradehill will be getting a permanent shot-in-the-arm.

Need I remind everyone that when you do something for 3 days it becomes a habit?

Matthew


I'd use TradeHill, but their international (non US) bank transfer charges are extortionate Sad I transferred $1000 from MT Gox to my UK HSBC account and only paid out about $18.... I had £591 put into my account.... at the time $1 USD = 60 pence GBP
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