Post
Topic
Board Service Discussion
Re: Broken BTC Withdrawals on Gox -- 2230 EST, 28 JAN: 1654 broken TX!!
by
BCbitcoin
on 06/02/2014, 06:22:20 UTC
seems people are selling their coins in Gox which brought down the divergence(against other exchange) quite a bit over the past 6 hours, why they are selling coins, do they have a better change to cash out via fiat withdrawal? I think fiat still a worst option to cash out for most people.

Also wonder on this, i.e. why price on Gox dropped?

Same pattern you often see with bitcoin trading. There was a large 3000 coin dump and then other people guess that that guy must know something and they just follow. Monkey see monkey do.