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coinableS
Legendary
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Activity: 1442
Merit: 1186
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January 09, 2015, 09:50:24 PM |
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I noticed that as well. Thinking I might move some coins over there for some quick trading if there are no fees
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premium_domainer
Legendary
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Activity: 1764
Merit: 1012
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January 10, 2015, 05:23:23 AM |
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royal providers
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gog1
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January 10, 2015, 06:22:40 AM |
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that's the only way they can retain majority of the their customers - do what the Chinese did - zero fees.
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premium_domainer
Legendary
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Activity: 1764
Merit: 1012
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January 10, 2015, 03:03:39 PM |
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that's the only way they can retain majority of the their customers - do what the Chinese did - zero fees.
yes, atleast they didn't run with BTC like gox
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Q7
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January 10, 2015, 03:11:36 PM |
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Well I've got to praise their effort and what they have done so far to instill back confidence of customers. The 1 btc to Jimmy Fallon seems to send a message across that says "hey we are fine, have something on us" and the commission free is somehow acting like a bait to get people to be back trading like normal.
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poncho32
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January 10, 2015, 05:20:34 PM |
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Their order book has now almost three times more orders in it than last night shortly after they re-opened. People seem to be getting more confidence in them again.
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piramida
Legendary
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Activity: 1176
Merit: 1010
Borsche
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January 10, 2015, 07:13:00 PM |
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Their order book has now almost three times more orders in it than last night shortly after they re-opened. People seem to be getting more confidence in them again.
Observe how quickly crowd's mood changed from "fuck centralized exchanges" when they were closed to "wow nice business" when they opened and announced zero fees
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i am satoshi
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Rannasha
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January 10, 2015, 07:36:47 PM |
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Their order book has now almost three times more orders in it than last night shortly after they re-opened. People seem to be getting more confidence in them again.
Observe how quickly crowd's mood changed from "fuck centralized exchanges" when they were closed to "wow nice business" when they opened and announced zero fees Those might not be the same people posting these sentiments. I bet that the folks with a lot at stake at Bitstamp where more inclined to just sit quiet and wait it out, while those with no money on the line were quicker to point out the risks of centralized exchanges. Now that Bitstamp has reopened, the latter group has been silenced somewhat (though there is still risk in keeping money on an exchange!), while relieved customers started to post congratulations to Bitstamp.
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grappa_barricata
Full Member
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Activity: 154
Merit: 100
playing pasta and eating mandolinos
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January 10, 2015, 07:52:07 PM |
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if memory doesn't fail me i remember gox lowered their fees shortly before their meltdown
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Fortune cannot take away what she has not given.
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NUFCrichard
Legendary
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Activity: 1218
Merit: 1003
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January 10, 2015, 08:05:40 PM |
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Their order book has now almost three times more orders in it than last night shortly after they re-opened. People seem to be getting more confidence in them again.
Observe how quickly crowd's mood changed from "fuck centralized exchanges" when they were closed to "wow nice business" when they opened and announced zero fees We'll see if the volume "counts" when there are no fees on Bitstamp, because apparently it doesn't count when it happens on fee free Chinese exchanges.
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Nagle
Legendary
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Activity: 1204
Merit: 1002
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January 10, 2015, 08:16:24 PM |
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I noticed that as well. Thinking I might move some coins over there for some quick trading if there are no fees Don't keep them there. They're still 18 thousand Bitcoins short. Until Bitstamp has an audit, keep only minimal funds there.
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piramida
Legendary
Offline
Activity: 1176
Merit: 1010
Borsche
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January 10, 2015, 09:58:22 PM |
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Bitstamp are flexing their muscles showing the hack didnt hurt them, they also tipping whole bitcoins "what should we do, two options: buy 18k coins at market to compensate for the hack; or tip 1 bitcoin to some well known person to show we had 1 bitcoin left, and run fractional op after that? hmm tough choices"
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i am satoshi
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lay785
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January 10, 2015, 11:09:38 PM |
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out of all the exchanges which "major centralized exchange" is currently the safest?
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AceWallen
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January 10, 2015, 11:15:16 PM |
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saw this prior to all that volume yesterday and immediately knew why. this only makes volume analysis all the more difficult. no fees give incentive to try to use volume to manipulate the price.
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