Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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...
China isn't moving because the Chinese are asleep. Stamp isn't moving because it was already ahead of itself after that huge fiat dump last week (after the bank software was down for a few days).
Stamp will fall behind Gox again, and China will catch up this evening.
Probably
