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Other => Beginners & Help => Topic started by: SharpCoiner on January 12, 2014, 05:03:08 PM



Title: Huge BTC price difference between MtGox and BTC-E + Bitstamp
Post by: SharpCoiner on January 12, 2014, 05:03:08 PM
Hi everyone,

I'm curious why is there such a big price difference between MtGox (USD 967) and BTC-E/Bitstamps (USD 860)?

The few dollar difference between BTC-E and Bitstamps is explainable - transaction time and transaction costs, but 10% premium at MtGox is huge, and it has been like it for many days.

Thanks!


Title: Re: Huge BTC price difference between MtGox and BTC-E + Bitstamp
Post by: coinpr0n on January 12, 2014, 05:15:18 PM
MtGox has "issues" for actually withdrawing fiat... could be part of the reason.


Title: Re: Huge BTC price difference between MtGox and BTC-E + Bitstamp
Post by: Fabrizio on January 12, 2014, 05:19:33 PM
Good answer in this thread: https://bitcointalk.org/index.php?topic=412135.msg4466402#msg4466402
Post numbre #6


Title: Re: Huge BTC price difference between MtGox and BTC-E + Bitstamp
Post by: _wayfarer_ on January 12, 2014, 05:20:13 PM
I track differences between the markets if you're interested in longish-term data here: https://daybittrader.com <- I use Coinbase as a baseline, but if you look at the charts you'll see it tracks pretty close to Bitstamp.


Title: Re: Huge BTC price difference between MtGox and BTC-E + Bitstamp
Post by: tommy87 on January 12, 2014, 05:26:29 PM
Use bitstamp price since it's the actual price you can get Bitcoin for IMO


Title: Re: Huge BTC price difference between MtGox and BTC-E + Bitstamp
Post by: SharpCoiner on January 12, 2014, 05:56:22 PM
MtGox has "issues" for actually withdrawing fiat... could be part of the reason.

Thanks! If getting out the cash is restricted, that's a perfect explanation.


Title: Re: Huge BTC price difference between MtGox and BTC-E + Bitstamp
Post by: Ty13rDerden on February 27, 2014, 06:01:51 AM
Was this a potential reason why Mt.gox was insolvent, incentivizing users to hold bitcoins at their exchange due to a purposeful inflated price difference?