Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Omegagen on December 27, 2017, 04:43:28 PM



Title: Why is the price so different for XRP on Bithumb?
Post by: Omegagen on December 27, 2017, 04:43:28 PM
On Bithumb Ripple (XRP) is $1.51, but on the others, Poloniex and Bittrex it's $1.13- 1.15.  That's about a 25% difference!!! I need that money!!!


Title: Re: Why is the price so different for XRP on Bithumb?
Post by: jlanzago on December 27, 2017, 05:06:25 PM
Because that is the offer and demand in that exchange. May be due to the low volume. Anyway it could make a great arbitrage opportunity so why you don't just take it?


Title: Re: Why is the price so different for XRP on Bithumb?
Post by: Omegagen on December 27, 2017, 05:33:50 PM
Because that is the offer and demand in that exchange. May be due to the low volume. Anyway it could make a great arbitrage opportunity so why you don't just take it?


I didn't "just take it" because

1.  I'm new to all this...about "3 weeks old"😀.
2.  I noticed it was a Asian market and in my 3 weeks I've read that many non-Asian country account holders seem to have problems with their transactions.  Especially those transactions that are in their favor.
3. Refer back to #1

Thanks for you reply though!


Title: Re: Why is the price so different for XRP on Bithumb?
Post by: brotherwood12 on December 27, 2017, 05:49:32 PM
i think that cause market proggres , low market acitvity so that coin still on 1-2 days ago price
i say that because my coin what i hold get price up from 1 k sat to 5 k sat
and back normal to 2 k sat after few days
on another exchange the price still 5 k