To me it looks like someone found a way to make a quick arbitrage between gox and bitstamp, either withdrawals are back, tux is making the arbitrage or people in japan found a cheap way to deposit in bitstamp...
When was the last time prices where so close?
▼ mtgoxUSD 121.4200 123.289 -1.516% 601774
▲ bitstampUSD 118.4900 111.759 +6.023% 361690
I heard people saying they found a way to open a Jap bank for faster withdrawals out of Gox
I guess its possible
Wait wait wait... guys... Bitstamp is at $118 and Mt.Gox is at $122... could it be... that Mt.Gox solved the withdrawal problem? Is this the elimination of the spread we've all been waiting for? Maybe this crash on Mt.Gox is... super duper bullish?!
i wouldn't say that its super duper bullish, withdrawals being back means people will feel more safe selling, but it would be good news nonetheless.
end result would probably be no more spread between exchanges
Nah. Look at the Bitstamp market depth. To do any sort of meaningful arbitrage you've got to go down to the $115s. Red herring....