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Topic: Bitcoin trade - page 4. (Read 1353 times)

member
Activity: 111
Merit: 10
November 23, 2017, 01:44:55 AM
#7
Bitcoin trade is Unlike stock markets, there are no official Bitcoin exchanges. Instead, there are hundreds of exchanges around the world that operate 24/7. Because there is no official Bitcoin exchange, there is also no official Bitcoin price. This can create arbitrage opportunities, but most of the time exchanges stay within the same general price range. So we can exchange bitcoin anytime anywhere.
Each exchange has different characteristic, which very good for some trading strategy. It's about how many bitcoin is traded every day and other factors.
full member
Activity: 588
Merit: 100
November 23, 2017, 01:14:12 AM
#6
Yes different country and different exchange, the price of Bitcoin also different. So will be possible to do arbitrage but the problem is when Bitcoin confirmation transaction is too long , and also not all exchange provide methode deposit  in Bitcoin, any some exchange only provide deposit  only in fiat. Then some exchange also required verification ID , so will be not efisien when we should be create ahundreed account of exchange.
full member
Activity: 343
Merit: 124
November 23, 2017, 12:57:00 AM
#5
Unlike stock bitcoin is 24/7 and unlike forex, bitcoin and crypto trading has no fixed market rate. And this opens up a lot of possibilities.

If a regular trader is involved in more than 4 or 5 exchanges including fiat besides alt coins, Arbitrage trading shows a lot of promising opportunities. They invest some in promising coins, but trade whenever they find any arbitrage opportunities.
full member
Activity: 980
Merit: 115
November 23, 2017, 12:43:42 AM
#4
Though bitcoin has no central market for exchange were price are regulated within buyer and seller and many are taking advantage of it to make arbitrage trading there is still general accepted price areas par time. Traders take this general trading area to make their trading decisions.
jr. member
Activity: 60
Merit: 1
November 23, 2017, 12:42:55 AM
#3
Yes, I Totally agree with thecoinfinder! There is no official rate of Bitcoin in the trade market.
legendary
Activity: 938
Merit: 1001
November 23, 2017, 12:35:44 AM
#2
Obviously, there is no official price for bitcoin and no official exchange that can officially come with a fixed market rate.
What i analysed is that in some countries like zimbabwe and india, bitcoin price is very different than general rates.
If we see the market, it is $8200 per bitcoin but in zimbabve, it is already trading by $13000.
While in india, bitcoin is traded between the price range of $8500-$9000.
member
Activity: 102
Merit: 14
November 23, 2017, 12:05:21 AM
#1
Bitcoin trade is Unlike stock markets, there are no official Bitcoin exchanges. Instead, there are hundreds of exchanges around the world that operate 24/7. Because there is no official Bitcoin exchange, there is also no official Bitcoin price. This can create arbitrage opportunities, but most of the time exchanges stay within the same general price range. So we can exchange bitcoin anytime anywhere.
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