Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
virtualfaqs
on 03/03/2014, 07:27:08 UTC
bitcoinbuilder rallied to 0.107 hahaha. that can't last long.
If bitcoinbuilder went to 0.9, how many people would be able to sell at this price? Bitcoinbuilder is now a fake market because noone can possibly sell at their price EXCEPT those who have already transfered their goxBTC over to bitcoinbuilder before the close.

You can tell just by looking at the extremely low volumes. Plus, I believe the bitcoinbuilder admin is taking a 4% fee on each trade, and the 2% realBTC side he converts into goxBTC he claims, so effectively he is subsidizing it.

0.114 now. I don't think anyone buying right now is thinking of selling now. They intend to in the future. Basically price has gone from $20 to $55. That's the best "altcoin" in the last week!

Edit: 0.12 now!