Author

Topic: Why the TH and MTGOX difference? (Read 1088 times)

member
Activity: 108
Merit: 10
June 21, 2011, 09:14:16 AM
#5
Hi All,

I'm a newbie, but could someone explain why the difference between the mtgox and th prices? Has mtgox resumed trading?
Is the tradehill price the "correct " one?

th is at 13.78 and mtgox is at 17.51

warm regards,


The price is not "regulated", or (governed) so it all depends on the volume. A basic economic rule - supply and demand.
legendary
Activity: 1022
Merit: 1001
June 21, 2011, 07:43:03 AM
#4
I believe the price is based on 'volume'.
legendary
Activity: 2026
Merit: 1005
June 21, 2011, 07:24:14 AM
#3
but could someone explain why the difference between the mtgox and th
The difference is that TH database is not hacked  Grin Grin Grin
hero member
Activity: 840
Merit: 1000
June 21, 2011, 06:23:43 AM
#2
Mtgox is currently closed.  The orderbook will be reset before it reopens.
full member
Activity: 133
Merit: 100
June 21, 2011, 05:37:57 AM
#1
Hi All,

I'm a newbie, but could someone explain why the difference between the mtgox and th prices? Has mtgox resumed trading?
Is the tradehill price the "correct " one?

th is at 13.78 and mtgox is at 17.51

warm regards,
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