So today was supposed to be the day Gox switched the system and would only allow bids if the wallets were funded. Do we have any confirmation that this change has happened? How will we know?
I think unfunded orders are not visible in the order book / depth charts...
We could simply give it a try, though.
For very obvious reasons, gox price is *justifiedly* decoupled from stamp price.
If however the situation on gox continues, I don't think stamp will entirely stay unaffected. Not for practical reasons so much as for psychological reasons: gox price is still quoted in the world, and at some point, the nervousness will translate into selling pressure on stamp as well. Not enough to go sub 500 maybe, but enough to bring the two exchanges a bit more in line.
So, short term: if Gox enables BTC withdrawals, Stamp will go down because arbitrage. If Gox doesn't enable withdrawals, Stamp will go down because Gox dying will bring everyone down.
It looks to me like we are out of short-term scenarios where Stamp price goes up?
Most of the time the artificially high Gox price has kept prices on other exchanges high. If Gox goes to 1000+++ tomorrow once/if they reenable withdrawals then it might even pull up the other exchanges a good bit.
interesting that the ICO/ETHER super-greed camp is imploding now. dragging down our bitcoin. ICO better implode now for real than causing much more trouble later. e v e r y imaginable s h i t c o i n gets pumped to the millions.
they should have been patient and develop bitcoin sidechains with real life utility. but no, they wanted it all and instantly and without bothering the well established bitcoin platform.
ETH, all the scam-coins, bcash and other scam-forks- they all want the same thing: kick bitcoin from its throne. it is amazing how resilient bitcoin is facing the full range of straight competition to full force sabotage.
so yeah, let the scammers burn.
This.
I would not have expected this to have a big effect on the BTC price or maybe even upwards. Probably newb investors can't even tell the difference...