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Message Subject Bitcoin carshing! mid 300s now and tumblin'
Poster Handle Anonymous Coward
Post Content
It's at $580 dickhead. Sounds like you're linked up to PBS Kids or suh uh.
 Quoting: Anonymous Coward 25475408


No it's not dickbrain. It's now at $334. Even lower!

Check it out: [link to www.xe.com] though it is so volatile could be 50-100 up or down on 334 within minutes.

It's not looking pretty. Bury your head all you want, but bitcoin has had it's day in the sun, and it's sunburnt to hell.
 Quoting: Anonymous Coward 54348549


can you explain what is behind the HUGE difference between mtgox and stamp price?
 Quoting: Anonymous Coward 46284758


My understanding is xe, which is considered among the most reliable of forex sites, takes the average of various exchanges.

Unless there is some arbitrage potential, the difference could be down to some exchanges only willing to buy at a certain strike price (i.e. much lower than what is apparently being shown within a localized exchange like mtgox, maybe because they know the goose is cooked). I would not be ignoring the current 350ish being shown on xe.
 Quoting: Anonymous Coward 54349639


I've been following gox, btce, stamp and xe,

seems that xe goes directly off mtgox
 
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