Post
Topic
Board Speculation
Re: Some takes on things
by
zhangweiwu
on 11/07/2013, 15:06:11 UTC
July 11th, 2013
 Gox took a large USD withdrawal hit this past week.
Interesting point on lower price -> less withdrawals. It makes sense.  

They could be the arbitrageurs. Consider mtgox price tops the world's market, there is an incentive for people to sell in that market and at the mean time spend the same money to buy more bitoins in their home market at cheaper price, and wait for the withdraw comes back to their home market in the following days/weeks.