Bitcoin Forum

Economy => Service Discussion => Topic started by: newguy05 on August 28, 2013, 10:09:01 PM



Title: btc-e 10% cheaper than mtgox?
Post by: newguy05 on August 28, 2013, 10:09:01 PM
it seems btc-e btc/usd prices are always 10% cheaper than mtgox, so why are people continue to use mtgox instead of btc-e? 

Just wondering is there some catch i am not seeing?


Title: Re: btc-e 10% cheaper than mtgox?
Post by: Patel on August 28, 2013, 10:35:26 PM
Its been discussed like a million times.

Heres million and one.

Because Gox isn't doing withdrawals right now


Title: Re: btc-e 10% cheaper than mtgox?
Post by: mccoyspace on August 29, 2013, 12:07:01 AM
and the other half of it is that it is difficult/expensive to get USD into btc-e.


Title: Re: btc-e 10% cheaper than mtgox?
Post by: Cyberdyne on August 29, 2013, 12:15:24 AM
Its been discussed like a million times.

ArbitRAAAAAAAGE!!!11!!!1!

(Good luck to anyone attempting that by the way)


Title: Re: btc-e 10% cheaper than mtgox?
Post by: zoinky on August 29, 2013, 05:51:50 AM
Its been discussed like a million times.

Heres million and one.

Because Gox isn't doing withdrawals right now

This is not true, withdraws have a delay, so arbitrage is not instant, thus applies a risk, which results in a MtGox premium.