Bitcoin Forum

Other => Beginners & Help => Topic started by: alex1975 on January 10, 2014, 04:18:31 AM



Title: why MtGox always have a higher price for bitcoin?
Post by: alex1975 on January 10, 2014, 04:18:31 AM
Why because in MtGox the price is one, and on the others is other, and why MtGox always have a higher price for bitcoin?


Title: Re: why MtGox always have a higher price for bitcoin?
Post by: BTCWizard on January 10, 2014, 05:52:06 AM
Because you can buy coins on MtGox and send them to your wallet but selling coins and sending the money to your bank account takes ages. Other exchanges work better for selling coins, so less people will sell on Gox which results in a higher price.


Title: Re: why MtGox always have a higher price for bitcoin?
Post by: hilariousandco on January 10, 2014, 10:25:35 AM
Why because in MtGox the price is one, and on the others is other, and why MtGox always have a higher price for bitcoin?

I'd avoid using MtGox altogether, unless you're prepared to wait ages for your money to go in or come out.