All posts made by Frankie in Bitcointalk.org's Wall Observer thread



1. Post 4764572 (copy this link) (by Frankie) (scraped on 2020-04-04_Sat_11.59h):

Quote from: ampere9765 on January 26, 2014, 11:44:01 PM
this goes back and forth, though. iirc, the spread in % terms has been higher than this but i am lazy to confirm. if there is a pronounced crash/downtrend, i think the spread will tighten up substantially.

It has been higher several times, but briefly. Komar made a nifty chart here. https://bitcointalk.org/index.php?topic=432477

On a percentage basis, it's been ratcheting up quickly since the new year.

It might come down to the more normal 10-15% premium, but I've seen posts suggestion that JPY withdrawals and even slow SEPA withdrawals are having problems--we might be looking at the end. Wanna trade your Gox BTC to "GoxUSD" in the hopes of getting 10% vs. the odds of loosing 100%? I think lots of people don't like that bet.



2. Post 4809667 (copy this link) (by Frankie) (scraped on 2020-04-04_Sat_12.00h):

Quote from: billyjoeallen on January 29, 2014, 01:12:09 AM

There are people who can get fiat out of Gox - Japanese. But it's not consistent enough to do any major arbitrage unless yesterday was what was happening.

really? Name one. One fucking person who has had a successful fiat withdrawal this year. Cuz that bastard's got my money.
Here are some, but even JPY is way backed up (which is not normal):
 
Quote from: severance26 on January 27, 2014, 01:26:54 PM
I am a Japan resident. Posted a withdrawal on the 5th of January, was in my account 9 business days later.

You can find me in the epic bitching thread saying as much.
Quote from: bakada on January 28, 2014, 10:55:11 AM
Requested 1/7 withdraw processed today 1/28.   Waiting on a 1/10.