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Topic: growing divergence between bitstamp and bitfinex (Read 1749 times)

hero member
Activity: 826
Merit: 1000
°^°
just corrected back to synced levels. was a nice shot  Smiley
hero member
Activity: 826
Merit: 1000
°^°
for a short time, LTC were on par at Bitfinex and BTC-e
sr. member
Activity: 448
Merit: 250
so we should arbitrage the shit out of it?  Cool

If you have balls. You can buy for $202 and sell for $208 but when you will be able to buy back we will be much higher.

If you had 2x the money, you could only sell once the wire is complete.

Keep wiring like 4k to Bitstamp, then once it gets there sell on Bitfinex, wire home, buy on Bitfinex, wash rinse repeat.
legendary
Activity: 1008
Merit: 1003
WePower.red
I would say half - most large (market) orders are from bitfinex.
full member
Activity: 237
Merit: 101
The lack of funds on bitstamp has been happening for the last day. This may give an insight into how much volume bitfinex brings to bitstamp.
Look at the volume: http://bitcoinity.org/markets/list?currency=ALL&span=24h
move between 24h and 3 days. See that bitfinex is 3.5% higher and bitstamp 3% lower in the last 24 hours vs the 3 day view.
so that would be something like 1/6th of bitstamps volume could come through bitfinex.

possibly
legendary
Activity: 1008
Merit: 1003
WePower.red
so we should arbitrage the shit out of it?  Cool

If you have balls. You can buy for $202 and sell for $208 but when you will be able to buy back we will be much higher.
hero member
Activity: 826
Merit: 1000
°^°
so we should arbitrage the shit out of it?  Cool
legendary
Activity: 1008
Merit: 1003
WePower.red
I also just see the reason for low stamp bid and slow buying. If there wouldn't be a problem with usd stamp would be at $210-$215 for sure. We will see in a day or two. In only a few minutes I saw at least 2k+ bids for $205 which would take a place at stamp, but noone wants to sell this on bfx.
full member
Activity: 237
Merit: 101
Bitfinex is currently cut off from buying on bitstamp because of a lack of exchange USD funds there. Buys can only happen on bitfinex's internal market.

Right now there is a $4 per coin difference to the upside at bitfinex -- 207 vs 203. (along with a 250+ coin bid at 207...)
Its unusual to say the least to see this much of a spread between the two exchanges.

people want to buy on bitfinex.
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