Quote from: MJGrae on August 16, 2013, 09:20:16 PM

Quote from: RationalSpeculator on August 16, 2013, 01:41:39 PM

Quote from: Rampion on August 16, 2013, 10:39:23 AM

I agree that until Gox pulls its shit together the price is distorted by the unavailability of steady USD withdrawals, which make the BTC price higher than it should be. From the other side, biggish SEPA transfers worked charms for me (and I realized that high 5 figures withdrawals clear faster than smaller ones, some times I received my money into my account 2 days after requesting the withdrawal. Thus, transfers are processed in order is BS: bigger transfers have priority, I experienced that myself).

This leads me to think that whale traders/market makers outside the US are not having this big problems everybody is whining about in these forums (note that everybody complaining requested to withdraw very small amounts, 10k or less), so all this "Gox is broke" song may be blown out of proportion.

We'll see, personally I'm betting on Gox solving its problems and I did not move my funds to Bitstamp. I'm in the EU and not in the US, this obviously had his weight in my decision, but nevertheless any problem Gox might be suffering will hit the other exchanges for sure.

I don't believe you.

If it was true what you said, then arbitrage would work, and the price gap would not be widening.

Are you willing to back up your statement with a screenshot?

If this were true there would be no price gap. People would wire in multiple tens of thousands into the other exchanges, buy the shit out of btc, transfer it to Gox and sell the shit out of it, cash out, rinse and repeat. The two prices would converge in a matter of days.

Bet on it, multiple end of June SEPA withdrawals that cleared in less than 10 business days, escrow john K.