|
Title: Campbx selling is always 10usd under MtGox, frustrating! Post by: BixCoinage on August 14, 2013, 06:10:41 PM I started using Campbx after Dwolla was shut down from MtGox. The trading price is always at least 10 usd below mtgox.
Obviously Campbx is making a good 10% off of each btc a person trades via their site. It seems anyway you sell btc you are paying a premium, or running around meeting people via local bitcoins.....UGH. Title: Re: Campbx selling is always 10usd under MtGox, frustrating! Post by: yakov on August 14, 2013, 08:39:58 PM MtGox is the outlier here, if you look at other exchanges they are all about $10 under the MtGox price.
The reason is that it's very hard to withdraw fiat from MtGox so the only way to get value out is to buy bitcoins. Obviously this means a higher demand for bitcoins on MtGox relative to others. An exchange where you can't withdraw fiat isn't a proper exchange, I'm using bitstamp instead. Title: Re: Campbx selling is always 10usd under MtGox, frustrating! Post by: HeroC on August 14, 2013, 08:58:41 PM Note to all newbies. Do not use MtGox. Just don't.
Title: Re: Campbx selling is always 10usd under MtGox, frustrating! Post by: BixCoinage on August 14, 2013, 09:01:56 PM thanks for the replies, I did just look around and you're right they are all like 10 under mtgox.
Title: Re: Campbx selling is always 10usd under MtGox, frustrating! Post by: favdesu on August 14, 2013, 09:03:20 PM bitcoinaverage.com is probably the closest to a real price
|