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Title: Campbx price very different from MtGoX Post by: Arcas on May 16, 2013, 03:38:23 AM Does anyone know why CampBX market is at 106 right now while MtGox has a 116 market? This doesn't really make sense to me why someone hasn't bought up the coins at $106 (about 16 right now), and sold them at MtGox. Do I not understand how exchanges usually work?
Title: Re: Campbx price very different from MtGoX Post by: TheButterZone on May 16, 2013, 03:40:08 AM It's called arbitrage, but once you sell them at MtGox, you can't immediately get money back to CBX to rebuy cheap and repeat the cycle.
Title: Re: Campbx price very different from MtGoX Post by: epetroel on May 16, 2013, 07:54:18 PM Does anyone know why CampBX market is at 106 right now while MtGox has a 116 market? This doesn't really make sense to me why someone hasn't bought up the coins at $106 (about 16 right now), and sold them at MtGox. Do I not understand how exchanges usually work? This is exactly what I normally do. But at the moment I can't get funds out of Gox via Dwolla and back to CampBX, so I have no money at CampBX to buy with. I'm sure others doing arbitrage are having the same issue. Hence the price difference. Title: Re: Campbx price very different from MtGoX Post by: john_doe on May 17, 2013, 01:31:58 PM So it is arbitrage what keeps the price in non-Mt.Gox exchanges at about Mt.Gox's level?
Title: Re: Campbx price very different from MtGoX Post by: epetroel on May 17, 2013, 01:39:59 PM So it is arbitrage what keeps the price in non-Mt.Gox exchanges at about Mt.Gox's level? For the most part, yes. Title: Re: Campbx price very different from MtGoX Post by: arbitrage001 on May 17, 2013, 08:11:37 PM You need to also check volume.
The order book on Campbx doesn't really have that much quantity for perceived easy profit. Title: Re: Campbx price very different from MtGoX Post by: genuise on May 17, 2013, 09:21:28 PM bitcoin-analytics.com/#arbitrage (http://bitcoin-analytics.com/#arbitrage) real time - take a look
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