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Author Topic: A surprising chart  (Read 849 times)
ineededausername
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July 19, 2012, 09:06:47 PM
 #1



....

makes your eyes bulge, doesn't it?  Until you realize.

Goes to show how little depth there is on alternative (non-Gox) exchanges.  Will Gox always be able to use their firstcomer's advantage to squash the competition? :\

(BFL)^2 < 0
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ArticMine
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July 19, 2012, 09:14:34 PM
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It just shows that there are many opportunities in the small exchanges.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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July 19, 2012, 09:19:16 PM
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hehehe.. currently a $1 spread....
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July 19, 2012, 10:04:43 PM
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It just shows that there are many opportunities in the small exchanges.

This could be because Camp BX is one of the few exchanges where Dwolla withdrawals are relatively instantaneous.

There is an alternate explanation as well -- a thief that has a hacked account at an exchange will withdraw the daily limit of bitcoins then sell whatever is left, along the same lines as the thief that robs homes and then vandalizes them as well.

The volumes at the bottom end are so small though, this was probably just some impatient Dwolla user.

 - http://bitcoincharts.com/charts/cbxUSD#rg1zig15-minzczsg2012-07-20zeg2012-07-20ztgSzm1g10zm2g25zv
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