as you think, two blockchains are good or bad? On the one hand, this increases the stability of the system. But on the other hand, it is possible, the difference in prices in different currencies for the same service. I don't know
I believe that different prices will not. If they do, then for a very short time because a market aligns all a price differences. If there is an opportunity to buy cheaper, and then sell elsewhere more expensive, then usually people notice it and use it. Arbitrage deals are very popular today.
And why then already now the prices of EQC and XQC differ twice?
Look.. 0.0002336 ETH to one EQC и 0.2174 XEM to one XQC.
This corresponds to 7 and 3.5 cents.
I think this is related to the price fluctuation of eth and xem. I think market will aligns all a price differences.
I completely agree with you. It is rather a temporary phenomenon. In a free market this does not happen. And today, who understands uses it
Arbitrage generally exhausts itself in financial markets. This happens in all markets, usually just briefly. All major banks have HST software to take advantage of arbitrage opportunities, so this is not a unique situation here. But like I said, it solves itself. Every time you take advantage of an opportunity, the arbitrage payoff for the next guy is a little smaller, then a little smaller, etc until the opportunity vanishes. So it shouldn't affect many people. And if the correction is slow... then just buy the cheaper one. Good deal for you and helps to balance the market.
All true. I think that prices of these two tokens will gradually converge until match each other.
Indeed. As mentioned above, some divergence can be expected as the underlying values of ETH and NEM move around, so it will just be balancing depending on that. If ETH and NEM were relatively stable, EQC and XQC would also converge to a stable conversion rate.
