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Author Topic: Bullish Bitstamp Price  (Read 1540 times)
notbatman (OP)
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May 02, 2014, 12:04:07 PM
 #1

Bitstamp has been $10 above the other exchanges for some time. Considering that they just proved they're solvent I don't see them playing the gox your customers game.

So what gives here, what's causing the imbalance? Is the great taurus himself being summoned?
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May 02, 2014, 12:21:36 PM
 #2

Bitstamp has been $10 above the other exchanges for some time. Considering that they just proved they're solvent I don't see them playing the gox your customers game.

So what gives here, what's causing the imbalance? Is the great taurus himself being summoned?

It's not the exchange that decides the price, it's the users who sell/buy. So I see no Goxing here.
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May 02, 2014, 01:17:03 PM
 #3

Bitstamp has been above btce for months now.
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May 02, 2014, 01:47:23 PM
 #4

They're following gox's path  Grin Grin Grin

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May 02, 2014, 02:30:53 PM
 #5

It is cheaper to get fiat on bitstamp than on btc-e which has deposit fees. Hence, more buying pressure on bitstamp relative to btc-e.


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yomofo
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May 02, 2014, 02:51:00 PM
 #6

i suspect drug dealers are selling btc on btce.  btce has no verification requirements. 

more selling pressure

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May 02, 2014, 02:59:50 PM
 #7

People consider Stamp 'safer' to send funds to so mroe buying pressure
and BTC-e has no verification so is the best place to sell if thats what you want to avoid so more selling pressure.
notbatman (OP)
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May 03, 2014, 11:23:23 AM
 #8

Bitstamp has been $10 above the other exchanges for some time. Considering that they just proved they're solvent I don't see them playing the gox your customers game.

So what gives here, what's causing the imbalance? Is the great taurus himself being summoned?

It's not the exchange that decides the price, it's the users who sell/buy. So I see no Goxing here.

Gox had to buy coins with customers deposits to keep the hot-wallet full thus driving the price above the other exchanges. Clearly with Bitstamp other factors are at play.
notbatman (OP)
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May 03, 2014, 11:35:52 AM
Last edit: May 03, 2014, 11:53:24 AM by notbatman
 #9

Kraken, atlas, bitfinex, coinbase, bitcoin.de... All at the same level as Bitstamp.

Think again... perhaps other fake Chinies exchanges and of course alway the lower btc-e (traders following china) are just manipulated  Wink

You seem to be correct, Coinbase is even more bullish than Bitstamp. I've been watching Bitcoinwisdom and their api feeds are limited to Bitstamp, BTC-e and Huobi (ho buy?).

So China picked up Bitcoin then dropped it and is now dragging it along... nice.

EDIT:
Guess I should have clicked on the markets tab sooner, they do have Coinbase and other exchanges.
TrailingComet
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May 03, 2014, 01:46:21 PM
 #10

Coinbase tracks the bitstamp price as far as I am aware

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May 03, 2014, 02:43:07 PM
 #11

Coinbase tracks the bitstamp price as far as I am aware

Is there a place I can get historical price on bitstamp and coinbase?

jamesc760
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May 03, 2014, 05:23:15 PM
 #12

Two days ago on Thu, 5/1/2014, btc price rose to $460+. Today, Sat 5/3/2014, it took a dump to $430. A classic pump-and-dump scheme. Manipluators should be shot.
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May 04, 2014, 12:33:29 AM
 #13

btce has been below the market leader most of the time for over a year at least - maybe the entirety of its exitence. It has the most difficult, expensive, and least trusted deposit methods, and like someone said it is probably the exchange of choice for withdrawing illicit funds. It is more than just drugs though: there is also hacking, theft, and of course tax evasion. I think also there might be this effect there where litecoin and the altcoins somehow sucks money out of bitcoin.
MatTheCat
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May 04, 2014, 01:50:56 AM
Last edit: May 04, 2014, 02:01:16 AM by MatTheCat
 #14

Two days ago on Thu, 5/1/2014, btc price rose to $460+. Today, Sat 5/3/2014, it took a dump to $430. A classic pump-and-dump scheme. Manipluators should be shot.

That aint pump n dump...

That is whales fishing for little fishies....or maybe some stupid big fishies.

EDIT:

And if you don't like market manipulation, then you just shouldn't invest. No matter the market, there are is always going to be someone somewhere with considerable market clout pulling strings to try and get things to go 'their way'.

Kraken Account, Robbed/Emptied. Kraken say "Fuck you, its your loss": https://bitcointalk.org/index.php?topic=1559553.msg15656643#msg15656643

Bitfinex victims. DO NOT TOUCH THE BFX TOKEN! Start moving it around, or trading it, and you will be construed as having accepted it as an alternative means of payment to your USD, BTC, etc.
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May 04, 2014, 01:53:53 AM
 #15

You guys are here microanalyzing 7% movements in BITCOIN which is known for its massive volatility and 800% swings at times.
r34tr783tr78
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May 05, 2014, 09:24:43 AM
 #16

Any people looking for historical data can always do analysis on tradingview.com

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May 05, 2014, 09:39:57 AM
 #17

You guys are here microanalyzing 7% movements in BITCOIN which is known for its massive volatility and 800% swings at times.
It's actually noteworthy that Bitstamp is constantly 1-3% above all others. When that happened first with MtGox, it reflected troubles. There are no troubles with withdrawing from Bitstamp that I heard of though, so I have no explanation for it.
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May 05, 2014, 10:04:31 AM
 #18

Bitfinex ties directly into bitstamp.

Bitfinex usually tends to have a much higher long position than short. This would push the price up a bit.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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