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by imog
4503 days ago
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When bitcoin was around 1200 on gox, it was around 1150 on bitstamp, and 1100 on BTC-e... Similar with smaller exchanges as well. There was efficiency in the market, and that is important. It has been months now since Gox separated from all other markets. First their value was hundreds higher than all others, but no one really cared because it was irrelevant - you can't withdraw fiat, and bitcoin was having trouble getting out too. Then Gox value went below, and it was concerning so price on other exchanges were affected, but Gox was still irrelevant because their problems are unique to them, and not anything inherent with bitcoin. All withdrawals are shut down, and their last update said there's no news since the last update, and it didn't state when or if they would provide the next update on progress. Also, your statement implies a consensus in market perception. Please don't take that from whatever the media is saying. Or whatever people on the internet are saying. Take it from the data - look at what the market is saying on exchanges, with their money. Most people don't care what the price is no Gox, and other exchanges are actively trading hundreds of dollars higher. |
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