Author

Topic: Campbx price very different from MtGoX (Read 1738 times)

sr. member
Activity: 379
Merit: 250
May 17, 2013, 04:21:28 PM
#7
bitcoin-analytics.com/#arbitrage real time - take a look
legendary
Activity: 1067
Merit: 1000
You need to also check volume.

The order book on Campbx doesn't really have that much quantity for perceived easy profit.

sr. member
Activity: 431
Merit: 251
So it is arbitrage what keeps the price in non-Mt.Gox exchanges at about Mt.Gox's level?

For the most part, yes.
full member
Activity: 137
Merit: 100
So it is arbitrage what keeps the price in non-Mt.Gox exchanges at about Mt.Gox's level?
sr. member
Activity: 431
Merit: 251
Does anyone know why CampBX market is at 106 right now while MtGox has a 116 market? This doesn't really make sense to me why someone hasn't bought up the coins at $106 (about 16 right now), and sold them at MtGox. Do I not understand how exchanges usually work?

This is exactly what I normally do.  But at the moment I can't get funds out of Gox via Dwolla and back to CampBX, so I have no money at CampBX to buy with.  I'm sure others doing arbitrage are having the same issue.  Hence the price difference.
legendary
Activity: 3038
Merit: 1032
RIP Mommy
It's called arbitrage, but once you sell them at MtGox, you can't immediately get money back to CBX to rebuy cheap and repeat the cycle.
hero member
Activity: 1036
Merit: 524
Does anyone know why CampBX market is at 106 right now while MtGox has a 116 market? This doesn't really make sense to me why someone hasn't bought up the coins at $106 (about 16 right now), and sold them at MtGox. Do I not understand how exchanges usually work?
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