Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Miz4r
on 14/02/2014, 11:59:13 UTC
The one thing i'm contemplating is IF Gox resume btc withdrawals , how much will go directly towards stamp to dump for an instant  80-100% profit.
Arbitrage the other way, who would have thought..

So then we'd see the Stamp price dive quite suddenly I presume.   Gox and Stamp would shortly be meeting halfway?

It's not that simple. GoxBTC will go from cheap to very expensive really fast because everyone will be wanting to withdraw their btc there. So I think the result will be that Gox will go back to charging a huge premium on their coins and Stamp will reluctantly follow while the lucky people who bought cheap coins cash out there or just hodl.