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Topic: Is Coinbase really that much cheaper than Mtgox? (Read 5162 times)

legendary
Activity: 1330
Merit: 1000
yeah a perfect matching price error of course.

& nice question dodge, i gain confidence that you want the spread to continue Smiley
full member
Activity: 238
Merit: 100
I saw the price on Coinbase at $118, then refreshed the page and it went back to $102.

Ok so it was an error for 2 seconds.  It does not mean "a deal was cut." We all know that the Gox price is absolutely incorrect, and no service is using it for pricing.
legendary
Activity: 1400
Merit: 1013
I saw the price on Coinbase at $118, then refreshed the page and it went back to $102.
legendary
Activity: 1330
Merit: 1000
It was the EXACT same price as gox for about 10 minutes, sorry you missed it but its already been confirmed if u check the thread.

Nice you dodge my question also
legendary
Activity: 1330
Merit: 1000
showing exact same price we all saw it, looks like a deal...

what with you anyway zero you making profit off this price difference? 
full member
Activity: 238
Merit: 100
coinbase is now the same price as mt gox..... btce & bitstamp have the only cheaper Bitcoin left

Thats a Lie.

https://coinbase.com/charts

Current Coinbase Buy Price $102.46   Sell Price $102.07


looks like your dream of a large spread might soon be over zerocock Wink

No, its a malfunction in Coinbase's pricing.  Bips, Bitpay, Blockchain still don't use Gox. And I still don't see that when I go to Coinbase's site. 

legendary
Activity: 1330
Merit: 1000
coinbase is now the same price as mt gox..... btce & bitstamp have the only cheaper Bitcoin left

Thats a Lie.

https://coinbase.com/charts

Current Coinbase Buy Price $102.46   Sell Price $102.07


looks like your dream of a large spread might soon be over zerocock Wink
sr. member
Activity: 255
Merit: 250
and I check again and it's gone from $102 to $118 again.
legendary
Activity: 1330
Merit: 1000
Yep it's back down to bitstamp rates now

still think they've struck a deal, we saw the prices the same there for a while hmmm
sr. member
Activity: 364
Merit: 250
Verified here - was higher and then dropped again. Someone claimed to have used the service at the higher price over on Reddit.

So, has a deal been done or was this an admin mistake?
sr. member
Activity: 255
Merit: 250
Yep it's back down to bitstamp rates now
legendary
Activity: 1330
Merit: 1000

it wasn't a lie when i wrote it.
sr. member
Activity: 364
Merit: 250
A deal must have been made, yeah. Perhaps this is how Mt Gox are going to deal with their issues.
legendary
Activity: 1330
Merit: 1000
a deal has been made
sr. member
Activity: 255
Merit: 250
That's odd, I wonder why it just changed.
legendary
Activity: 1330
Merit: 1000
coinbase is now the same price as mt gox..... btce & bitstamp have the only cheaper Bitcoin left
yz
newbie
Activity: 18
Merit: 0
There are huge problems getting USD for that matter other fiat currencies EUR, CAD etc. out of MTGox so those who have USD, EUR, CAD etc trapped in MTGox are willing to pay a premium in order to get the money out in the form of BTC.

I wouldn't even take my BTC out from GOX, please look at my current situation.

https://bitcointalksearch.org/topic/missing-btc-withdrawal-from-mt-gox-277693
sr. member
Activity: 420
Merit: 250
★☆★777Coin★☆★
MtGox's is worth less as they can't be withdrawn. Thus the coins seems to worth more on MtGox
sr. member
Activity: 448
Merit: 250
Changing avatars is currently not possible.
Thank you for your responses.

So now that the Mtgox price can't be considered anything resembling the 'real' value of Bitcoin, what (in your opinion) is the most reliable exchange price to use? Something that I can track on bitcoincharts.com ?

Any of the various other popular exchanges are fairly close in price.
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
Today I decided that MtGox was no longer even worth watching. So I have set my fav window into the real market value of Bitcoin like this:

http://bitcoinwisdom.com/markets/bitstamp/btcusd

Bye MtGox.  Cry
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