Author

Topic: exchanges - disparity of price (Read 894 times)

sr. member
Activity: 406
Merit: 250
November 18, 2013, 07:17:41 PM
#11
Mark Kerpeles of MtGox is leading the way!

Which way would that be? Towards the exit with our USD?
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
November 18, 2013, 07:02:59 PM
#10
It sucks, such a big price gap
sr. member
Activity: 336
Merit: 250
Cuddling, censored, unicorn-shaped troll.
November 18, 2013, 07:00:46 PM
#9
Personally haven't had a trouble with them, but I hear some people have.
That's how you run a scam. Fuck 20%, please 80%. Smiley
sr. member
Activity: 470
Merit: 250
November 18, 2013, 06:58:29 PM
#8
When you buy on Coinbase you lock in the price when you place the order.
Yes, but they tend to cancel your trade when it's not in their favor after a few days. Wink
I figured that would be a response.  Cheesy Personally haven't had a trouble with them, but I hear some people have.
sr. member
Activity: 336
Merit: 250
Cuddling, censored, unicorn-shaped troll.
November 18, 2013, 06:55:20 PM
#7
When you buy on Coinbase you lock in the price when you place the order.
Yes, but they tend to cancel your trade when it's not in their favor after a few days. Wink
sr. member
Activity: 470
Merit: 250
November 18, 2013, 06:52:52 PM
#6
Not to mention campbx needs you to pick up a postal money or just mail a check (ach to come in two days). And coinbase, you can sell at today's price, but if you buy you have no idea what you're going to fill at, 4 days from now.

Basically liquidity is not your friend here. If you could wait for your money, though, you'd make tremendous returns buying at campbx or coinbase, and selling at mtgox, but from the sounds if it you could be waiting quite a while before the funds reach your account so you can trade again...

When you buy on Coinbase you lock in the price when you place the order.
sr. member
Activity: 252
Merit: 250
November 18, 2013, 06:51:52 PM
#5
Mark Kerpeles of MtGox is leading the way!
hero member
Activity: 644
Merit: 500
November 18, 2013, 06:51:19 PM
#4
Not to mention campbx needs you to pick up a postal money or just mail a check (ach to come in two days). And coinbase, you can sell at today's price, but if you buy you have no idea what you're going to fill at, 4 days from now.

Basically liquidity is not your friend here. If you could wait for your money, though, you'd make tremendous returns buying at campbx or coinbase, and selling at mtgox, but from the sounds if it you could be waiting quite a while before the funds reach your account so you can trade again...
donator
Activity: 1218
Merit: 1079
Gerald Davis
November 18, 2013, 06:43:16 PM
#3
There would be no disparity if it was easy to do.   If you could easily get USD out of MtGox and into BTC-e the price difference would be tiny.  The reality is you can't and thus it isn't.
sr. member
Activity: 470
Merit: 250
November 18, 2013, 06:41:07 PM
#2
Bitstamp: 620.1
Mt.Gox: 727.9
BTC-e: 606.1
BTCChina: 844.58/5150

Does anyone know why there is such a huge price difference from each exchange? I still don't understand why no one is taking the opportunity to profit from the price spread.

You can't get your dollars out of MtGox
Hard to get your dollars into BTC-e
Can't move a significant amount of fiat out of China.
sr. member
Activity: 386
Merit: 250
November 18, 2013, 06:20:43 PM
#1
Bitstamp: 620.1
Mt.Gox: 727.9
BTC-e: 606.1
BTCChina: 844.58/5150

Does anyone know why there is such a huge price difference from each exchange? I still don't understand why no one is taking the opportunity to profit from the price spread.
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