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Topic: Can you guys explain the LakeBTC.com price is highest? (Read 1236 times)

sr. member
Activity: 484
Merit: 250
HubrisOne
you can do arb. between lakebtc and btc-e,
look this: https://bitcointalksearch.org/topic/a-realistic-arb-plan-buy-btceusd-sell-lakeusd-just-need-a-trading-bot-765074 , look for your partner  Wink
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
ups and downs with bitcoin price, no fuss
hero member
Activity: 714
Merit: 500
The price should be lower than bitstamp/bitfinex/btc-e because it is very easy to do arbitrage between BTC/CNY and BTC/USD as LakeBTC supports both pairs. Thus, the price of BTC/USD should be close to BTC/CNY logically. However, the reality is LakeBTC has the highest BTC/USD, it is really unusual!
newbie
Activity: 36
Merit: 0
Can you guys explain the LakeBTC.com price is highest?

LakeBTC  $525.16

BTC-e       $513.00        higher 2.4%
Bitstamp    $519.41        higher 1.1%
Bitfinex      $518.23        higher 1.4%


http://www.coindesk.com/price/ (Aug 27, 2014 at 11:11 BST)
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