Author

Topic: Huge BTC price difference between MtGox and BTC-E + Bitstamp (Read 1650 times)

jr. member
Activity: 157
Merit: 7
Was this a potential reason why Mt.gox was insolvent, incentivizing users to hold bitcoins at their exchange due to a purposeful inflated price difference?
newbie
Activity: 17
Merit: 0
MtGox has "issues" for actually withdrawing fiat... could be part of the reason.

Thanks! If getting out the cash is restricted, that's a perfect explanation.
newbie
Activity: 16
Merit: 0
Use bitstamp price since it's the actual price you can get Bitcoin for IMO
member
Activity: 93
Merit: 10
Software Engineer
I track differences between the markets if you're interested in longish-term data here: https://daybittrader.com <- I use Coinbase as a baseline, but if you look at the charts you'll see it tracks pretty close to Bitstamp.
member
Activity: 70
Merit: 10
Good answer in this thread: https://bitcointalksearch.org/topic/m.4466402
Post numbre #6
hero member
Activity: 910
Merit: 1000
MtGox has "issues" for actually withdrawing fiat... could be part of the reason.
newbie
Activity: 17
Merit: 0
Hi everyone,

I'm curious why is there such a big price difference between MtGox (USD 967) and BTC-E/Bitstamps (USD 860)?

The few dollar difference between BTC-E and Bitstamps is explainable - transaction time and transaction costs, but 10% premium at MtGox is huge, and it has been like it for many days.

Thanks!
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