Price ratio between exchanges | Bitcointalksearch.org

buiting

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Quote from: Joe200 on December 15, 2017, 01:56:47 PM

The prices on different exchanges are at times different, sometimes by 5% or even more. A couple of days ago, Polo was a lot lower than Bitfinex.

How do you interpret these deviations?

i remember before 3-5 days difference was more 3000$ (19,000$-15,000$).

most of south Asia exchange sites have high price because demand.

stompix

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Blackjack.fun

Quote from: jackhdt on December 15, 2017, 02:56:11 PM

Quote from: shursight on December 15, 2017, 02:39:02 PM

You can make profit from this scenario if you are fast enough to deposit>withdraw>buy>sell>withdraw>sell>repeat.

lol. I think a lot of people have the same idea. and I have also been thinking of making a profit from the price difference
but i think you can't currently quickly buy bitcoin across multiple exchanges at once

Unfortunately it doesn't come to how fast you are but how fast the services you use are.

Whales these times are not depositing when the differences start to appear.
They already have both BTC and fiat in place, they sell the coins they have on exchange a and buy with the fiat from b.
Then they move the funds around to have both coins and fiat for the next wave.

If you're going to depend on wires and confirmation blocks by the time your funds reach the exchange the opportunity might be gone.

jackhdt

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Quote from: shursight on December 15, 2017, 02:39:02 PM

You can make profit from this scenario if you are fast enough to deposit>withdraw>buy>sell>withdraw>sell>repeat.

lol. I think a lot of people have the same idea. and I have also been thinking of making a profit from the price difference
but i think you can't currently quickly buy bitcoin across multiple exchanges at once

shursight

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God... how many times are you all going to ask this question? you just need some LOGIC and you will find it out by yourself.

Quote from: Joe200 on December 15, 2017, 01:56:47 PM

The prices on different exchanges are at times different, sometimes by 5% or even more. A couple of days ago, Polo was a lot lower than Bitfinex. How do you interpret these deviations?

every exchange has a fixed rate, it varies from all the other exchanges, the newbie exchanges are always going to have the most expensive rates for selling, and the most cheapest rates for buying.

You can make profit from this scenario if you are fast enough to deposit>withdraw>buy>sell>withdraw>sell>repeat.

jackhdt

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Bitcoin transaction volume may be more on the major exchanges and less for smaller exchanges. These differences in volume has affected the price of Bitcoin on each exchange.
the price depends totally in the transaction. each exchanges price are based on orders buy and sell. Reviews in a certain timeline will certainly be some difference between the exchange price
and it is important that it does not affect too much with us. forget trying to make bitcoin by eating the disparity between the floor because the confirmation time long enough to price change

DaMut

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there are only 2 possibilities that can explain to us how it can be like that :
- There were no buy orders on one of those exchange (the lower one) or there were no sell order on one of those exchange (the highest one).
what i am talking about is,those exchanges lack of bitcoin supply.
because of that the difference between them and others were high.
just like zimbabwe or indian exchange a month ago.
average price that we're trading for back then was around $9000 but in zimbabwe exchanges you can find it for more than $14.000,
also in indian exchanges you can find it for more than $12.000.
it's all about the supply that can be generated from the users,

- people do not trust that website and only some people do the trade,

well in the end it's all about the supply that they have at that moment.
it's not surprising to see that because Bitcoin supply is very limited while the demand ridiculously high.
you will find a lot of similiar thing to that one if it has a limited supply

Joe200

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The prices on different exchanges are at times different, sometimes by 5% or even more. A couple of days ago, Polo was a lot lower than Bitfinex.

How do you interpret these deviations?

Topic: Price ratio between exchanges (Read 131 times)