Bitcoin Forum

Economy => Marketplace => Topic started by: blogospheroid on June 21, 2011, 10:37:57 AM



Title: Why the TH and MTGOX difference?
Post by: blogospheroid on June 21, 2011, 10:37:57 AM
Hi All,

I'm a newbie, but could someone explain why the difference between the mtgox and th prices? Has mtgox resumed trading?
Is the tradehill price the "correct " one?

th is at 13.78 and mtgox is at 17.51

warm regards,


Title: Re: Why the TH and MTGOX difference?
Post by: dust on June 21, 2011, 11:23:43 AM
Mtgox is currently closed.  The orderbook will be reset before it reopens.


Title: Re: Why the TH and MTGOX difference?
Post by: anatolikostis on June 21, 2011, 12:24:14 PM
but could someone explain why the difference between the mtgox and th
The difference is that TH database is not hacked  ;D ;D ;D


Title: Re: Why the TH and MTGOX difference?
Post by: Oldminer on June 21, 2011, 12:43:03 PM
I believe the price is based on 'volume'.


Title: Re: Why the TH and MTGOX difference?
Post by: _s3v3n_ on June 21, 2011, 02:14:16 PM
Hi All,

I'm a newbie, but could someone explain why the difference between the mtgox and th prices? Has mtgox resumed trading?
Is the tradehill price the "correct " one?

th is at 13.78 and mtgox is at 17.51

warm regards,


The price is not "regulated", or (governed) so it all depends on the volume. A basic economic rule - supply and demand.