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Author Topic: Next sudden volume increase: Bitstamp  (Read 3773 times)
apetersson
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June 13, 2012, 08:51:40 AM
 #1

Bitstamp, a nice solid exchange located in europe was having a solid steady growth. recently this happened:



apparently some bitcoiners are switching to this exchange. i can understand why. very low fees and good legal standing in europe. what is still missing is some more market depth.
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June 13, 2012, 09:00:30 AM
 #2

what is still missing is some more market depth.

The depth is deceptive.  Despite the apparent lack of depth, earlier today Bitstamp sold over $50k of Bitcoins. I think of today as a test for Bitstamp and they came through with flying colors.
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June 13, 2012, 09:02:10 AM
 #3

i'm seeing different volume at bitcoincharts



although it's still kind of huge
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June 13, 2012, 09:13:10 AM
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my graph is in USD volume yours in BTC
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June 13, 2012, 09:36:27 AM
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Bitstamp is a great exchange, it deserves some more volume. Hopefully this will attract more liquidity to Bitstamp.

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June 13, 2012, 09:43:07 AM
 #6

I will be bringing some humble liquidity there shortly Smiley

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June 13, 2012, 11:12:48 AM
 #7

There was a sudden askwall of 9k BTC at $5.90. People rushed in to eat it Smiley

But seriously, it's a nice exchange, I like it a lot.

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June 13, 2012, 12:15:56 PM
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I think BitStamp is a good choice for traders in Europe. For those in the US, I think BitFloor is a better option. The reason is how easy or difficult it is to send fiat currency to these exchanges. BitStamp offer SEPA for both deposits and withdrawals. BitFloor offers ING Direct P2P and PopMoney for deposits and ACH transfers for withdrawals.
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June 13, 2012, 03:57:14 PM
 #9

I think BitStamp is a good choice for traders in Europe. For those in the US, I think BitFloor is a better option. The reason is how easy or difficult it is to send fiat currency to these exchanges. BitStamp offer SEPA for both deposits and withdrawals. BitFloor offers ING Direct P2P and PopMoney for deposits and ACH transfers for withdrawals.
Agreed, BitStamp is mainly a European market, even though it's listed in dollars. It has reasonably good connections with the USD market though, via mtgox coupon codes for example.

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June 13, 2012, 10:23:20 PM
 #10

I have heard that bitcoin SEPA deposits and withdrawals take something like 1-2 days. That is awesome and requires mention.

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June 13, 2012, 10:30:34 PM
 #11

I think BitStamp is a good choice for traders in Europe. For those in the US, I think BitFloor is a better option. The reason is how easy or difficult it is to send fiat currency to these exchanges. BitStamp offer SEPA for both deposits and withdrawals. BitFloor offers ING Direct P2P and PopMoney for deposits and ACH transfers for withdrawals.
I just wish Bitfloor had more volume...!
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June 13, 2012, 10:59:52 PM
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I think BitStamp is a good choice for traders in Europe. For those in the US, I think BitFloor is a better option. The reason is how easy or difficult it is to send fiat currency to these exchanges. BitStamp offer SEPA for both deposits and withdrawals. BitFloor offers ING Direct P2P and PopMoney for deposits and ACH transfers for withdrawals.
I just wish Bitfloor had more volume...!

Chicken... meet egg.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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June 13, 2012, 11:08:32 PM
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I have heard that bitcoin SEPA deposits and withdrawals take something like 1-2 days. That is awesome and requires mention.
This is true Smiley Except on mtgox, there they take 10 days or so.

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June 14, 2012, 02:23:55 AM
 #14

I think BitStamp is a good choice for traders in Europe. For those in the US, I think BitFloor is a better option. The reason is how easy or difficult it is to send fiat currency to these exchanges. BitStamp offer SEPA for both deposits and withdrawals. BitFloor offers ING Direct P2P and PopMoney for deposits and ACH transfers for withdrawals.
I just wish Bitfloor had more volume...!

Chicken... meet egg.
Chicken, egg, meet bootstrap. Now fly!

I recommend asking me for a signature from my GPG key before doing a trade. I will NEVER deny such a request.
notme
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June 14, 2012, 02:34:02 AM
 #15

I think BitStamp is a good choice for traders in Europe. For those in the US, I think BitFloor is a better option. The reason is how easy or difficult it is to send fiat currency to these exchanges. BitStamp offer SEPA for both deposits and withdrawals. BitFloor offers ING Direct P2P and PopMoney for deposits and ACH transfers for withdrawals.
I just wish Bitfloor had more volume...!

Chicken... meet egg.
Chicken, egg, meet bootstrap. Now fly!

Chickens don't have the proper physiology to fly more than a few feet.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
nimda
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June 14, 2012, 02:41:58 AM
 #16

I think BitStamp is a good choice for traders in Europe. For those in the US, I think BitFloor is a better option. The reason is how easy or difficult it is to send fiat currency to these exchanges. BitStamp offer SEPA for both deposits and withdrawals. BitFloor offers ING Direct P2P and PopMoney for deposits and ACH transfers for withdrawals.
I just wish Bitfloor had more volume...!

Chicken... meet egg.
Chicken, egg, meet bootstrap. Now fly!

Chickens don't have the proper physiology to fly more than a few feet.
They need to fly by "pulling themselves up by their bootstraps"... its the joke from which the term "bootstrap" as a verb originates.

I recommend asking me for a signature from my GPG key before doing a trade. I will NEVER deny such a request.
notme
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June 14, 2012, 02:43:45 AM
 #17

I think BitStamp is a good choice for traders in Europe. For those in the US, I think BitFloor is a better option. The reason is how easy or difficult it is to send fiat currency to these exchanges. BitStamp offer SEPA for both deposits and withdrawals. BitFloor offers ING Direct P2P and PopMoney for deposits and ACH transfers for withdrawals.
I just wish Bitfloor had more volume...!

Chicken... meet egg.
Chicken, egg, meet bootstrap. Now fly!

Chickens don't have the proper physiology to fly more than a few feet.
They need to fly by "pulling themselves up by their bootstraps"... its the joke from which the term "bootstrap" as a verb originates.

Still, your proposing a very unsatisfactory trajectory for BitFloor if you you want to fly like a chicken.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
dree12
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June 14, 2012, 03:26:42 AM
 #18

I think BitStamp is a good choice for traders in Europe. For those in the US, I think BitFloor is a better option. The reason is how easy or difficult it is to send fiat currency to these exchanges. BitStamp offer SEPA for both deposits and withdrawals. BitFloor offers ING Direct P2P and PopMoney for deposits and ACH transfers for withdrawals.
I just wish Bitfloor had more volume...!

Chicken... meet egg.
Chicken, egg, meet bootstrap. Now fly!

Chickens don't have the proper physiology to fly more than a few feet.
They need to fly by "pulling themselves up by their bootstraps"... its the joke from which the term "bootstrap" as a verb originates.

Still, your proposing a very unsatisfactory trajectory for BitFloor if you you want to fly like a chicken.
It is a very satisfactory trajectory for BitFloor.
Seal
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June 14, 2012, 03:51:02 AM
 #19

Is bitstamp USD only? It says it offers Euro and GBP withdrawals too?

SgtSpike
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June 14, 2012, 04:10:45 AM
 #20

I'm going to give bitfloor a shot, despite the terrible bid wall (or rather, 5% grade).  We'll see what happens.  I do like that they allow free direct withdrawals to ACH.  That's worth dealing with poor volume right there, rather than having to wait 20+ days to see my money after selling it through Gox.
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