Post
Topic
Board Speculation
Re: 1500hrs - BTC plunging
by
the joint
on 07/09/2013, 00:59:43 UTC
Spread less than $5 between bitstamp and gox right now.  We will see if that holds.

Bingo.  This is the factor to look out for.  Gox price was significantly overinflated due to withdrawal problems.  It's more important to see what's happening on bitstamp and btc-e.  Besides, payment processors like bitpay no longer follow the gox API (thankfully).  By all logic, Gox shouldn't be influencing the market to the same degree it had been prior to the shit hitting the fan.