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Topic: Differences in btc value? - page 7. (Read 2316 times)

sr. member
Activity: 574
Merit: 250
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October 19, 2017, 04:17:11 AM
#6
Why there are significant differences in current BTC value between different exchanges.
All I know is that it is dependant on the demand and the supply of the coin in that exchanges. That is why there are variation in prices. So the thing in here is pick an exchanger that has a big bid.
full member
Activity: 220
Merit: 100
October 19, 2017, 04:16:45 AM
#5
The price is based on supply and demand. We had this case with India and China too before they close their exchanges. If for example India had a high demand for bitcoin then you will see a 5-10% higher price compared to International price in the other exchanges. It's totally normal, If you could manage to register there and somehow sell your coins then you could actually make this profitable for you.

thank you sir  Grin it means its an opportunity  to gain more profit.

Yes it is the essence of trading, Law of supply and demand is always considered on the price. This is also the main reason why the price of the coin changes from time to time. You may take advantage of those different prices between markets.
member
Activity: 89
Merit: 10
October 19, 2017, 04:15:56 AM
#4
This is likely due to differences in demand for BTC among different countries and regions, depending on the population of traders using each particular exchange. The differences in BTC value should not be too great, however, or exist for a long time because eventually people will see an arbitrage opportunity developing and take advantage of it, after which the price gaps between exchanges should decrease. Some small differences in BTC prices may remain simply due to normal trading activity and the cost/hassle of moving currencies between exchanges to take advantage of arbitrage opportunities.
newbie
Activity: 50
Merit: 0
October 19, 2017, 04:14:01 AM
#3
The price is based on supply and demand. We had this case with India and China too before they close their exchanges. If for example India had a high demand for bitcoin then you will see a 5-10% higher price compared to International price in the other exchanges. It's totally normal, If you could manage to register there and somehow sell your coins then you could actually make this profitable for you.

thank you sir  Grin it means its an opportunity  to gain more profit.
staff
Activity: 3500
Merit: 6152
October 19, 2017, 04:08:48 AM
#2
The price is based on supply and demand. We had this case with India and China too before they close their exchanges. If for example India had a high demand for bitcoin then you will see a 5-10% higher price compared to International price in the other exchanges. It's totally normal, If you could manage to register there and somehow sell your coins then you could actually make this profitable for you.
newbie
Activity: 50
Merit: 0
October 19, 2017, 04:02:38 AM
#1
Why there are significant differences in current BTC value between different exchanges.
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