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Title: Why is BTG so much cheaper on Bitfinex than other exchanges? Post by: ABitBack on October 25, 2017, 08:27:46 AM So im looking at the price here https://coinmarketcap.com/currencies/bitcoin-gold/#markets and Bitcoin Gold is at least $100 cheaper on Bitfinex, why is this?
Title: Re: Why is BTG so much cheaper on Bitfinex than other exchanges? Post by: babyshaun on October 25, 2017, 10:43:46 AM So im looking at the price here https://coinmarketcap.com/currencies/bitcoin-gold/#markets and Bitcoin Gold is at least $100 cheaper on Bitfinex, why is this? for me i think many people fault to enter in the market if u see in the coinmarketcap a BTG OR bitgem the price is raised. This is a sane acronym of butcoingold and bitgem... but thats only my theory only.. Title: Re: Why is BTG so much cheaper on Bitfinex than other exchanges? Post by: deejaywolf on October 25, 2017, 11:16:12 AM I think it is because on Bitfinex you can trade it or its futures, so people are selling it immediately, because they know it is shitcoin.
On Bittrex it should be available on 1th November. You will see fast dump of BTG as people will be selling it. Title: Re: Why is BTG so much cheaper on Bitfinex than other exchanges? Post by: linkybit on October 25, 2017, 11:25:21 AM Most of the people want to dump it as soon as it hit to their account because it has no real value.
Title: Re: Why is BTG so much cheaper on Bitfinex than other exchanges? Post by: kumiskura on October 25, 2017, 11:41:46 AM there are a lot of possibilites that thing can be happen,
for example,a lot of people have their own feeling and the majority people use it . that is why many people dump their Bitcoin gold in there even though it's cheaper than else that do not feel save if they use other exchanger. bitfinex team surpressing it by their own in order to get a lot of Bitcoin Gold and then pumping it. and many others. Title: Re: Why is BTG so much cheaper on Bitfinex than other exchanges? Post by: bitkanu on October 25, 2017, 11:52:17 AM So im looking at the price here https://coinmarketcap.com/currencies/bitcoin-gold/#markets and Bitcoin Gold is at least $100 cheaper on Bitfinex, why is this? Because bitfinex has so many bitcoin holders and that makes a lot of the supply of the bitcoin gold in there, and a lot of people are not interesting to trade it rather than another exchange that has low volume rather than bitfonex, you can see the latest bitcoin trade volume in there and it makes sense to see the bitfinex has a lot of bitcoin gold. Title: Re: Why is BTG so much cheaper on Bitfinex than other exchanges? Post by: ABitBack on October 25, 2017, 02:34:16 PM Cheers for clearing that up guys!
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