Sentences with phrase «gox than the other exchanges»
This phenomenon has been referred to as the «Mt. Gox Premium», which posits that restrictions on US dollar withdrawals have led to bitcoins trading at a higher price on Mt. Gox than the other exchanges.
https://www.coindesk.com/ Not exact matches
The findings of the study leave Bitcoin buyers in a dilemma: According to the study's empirical analysis, «Mt. Gox and Intersango are less likely to close than other exchanges» because of their high volume, the authors write.
Please share any thoughts you have on why Gox is more volatile than other exchanges in the comments.
The most direct contributor to the day's decline was the revelation that more than 4,500 BTC were reported stolen from online black market Silk Road 2.0, which failed to adequately respond to transaction malleability issues that were earlier reported by Mt. Gox, Bitstamp and other exchanges.
Thursday saw faith in Mt. Gox decline, as prices dropped more than 30 % below those observed on other exchanges.
For many businesses accepting Bitcoin and then needing to in turn exchange Bitcoin for USD or other currencies, the Mt. Gox / Dwolla debacle has held up ease of exchange and transaction and left the the price of Bitcoin at a lower point than previous peaks in April and May.
If the Mt. Gox trustee continues to dump large amounts of bitcoin on cryptocurrency exchanges rather than in the OTC market wherein big buyers can trade with each other, the price of bitcoin will continue to be affected by the sale.