Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
rpietila
on 26/11/2013, 14:51:03 UTC
New money still uses Gox because it has historically been the most reliable and trustworthy exchange. Big money gives zero fucks about Goxbucks, they just want fresh and juicy coins.

You could be right, but considering that other exchanges are not moving, and there is a large overhang of goxbux from people who cashed out last week, I think the action in Gox is mainly their money transfer. Gox is higher than China atm!

More consolidation ahead...