Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
I suspect people are more concerned about getting their money out at all, than just waiting a month. Why else would you pay a 20% premium?
If you were buying coins now, you wouldn't be wiring funds to Gox and paying a 20% premium. The only people who would pay that are those who (unfortunately) have fiat funds there waiting already.
If you were buying coins now, you wouldn't be wiring funds to Gox and paying a 20% premium. The only people who would pay that are those who (unfortunately) have fiat funds there waiting already.
Also, Gox would be for traders. Try trading on Stamp, it is hard. You could keep your coins on Stamp and trade with some on Gox as there is the action.
I trade regularly on Stamp, without any major issues. TBH, it tends to be a bit less erratic, IMO.
Try making trades of +300 coins at Bitstamp without MAYOR slippage and then report back please...
Even on Gox, the slippage is a huge profit killer for traders - on Bitstamp is just impossible to daytrade for anyone with a little more than play money.
As I only have play money, this isn't of concern to me!
