|
Title: Which price swings happen first... Gox or Tradehill? Post by: Minsc on September 20, 2011, 10:56:12 PM I've seen Gox swing wildly on certain ways and then I can go on bitcoin7 and buy or sell before the people there update it.
But what about Tradehill? I've been seeing people here liking it. So I'm wondering does Tradehill ever set the price for MtGox or is it mainly just MtGox setting the price on Tradehill? Title: Re: Which price swings happen first... Gox or Tradehill? Post by: epetroel on September 20, 2011, 11:05:29 PM About 90% of the time Gox leads and the other exchanges follow.
Title: Re: Which price swings happen first... Gox or Tradehill? Post by: nmat on September 21, 2011, 01:32:33 AM TradeHill sometimes has spikes, but it goes back into MtGox's prices after a while.
The largest market will consume the others through arbitrage. Title: Re: Which price swings happen first... Gox or Tradehill? Post by: Minsc on September 21, 2011, 01:34:24 AM I wonder why Tradehill doesn't allow withdrawing funds through dwolla and the ways to add and withdraw funds to it are harder and take a percentage out instead of 25 cents. Even its dwolla option uses some other service that takes a percentage out.
Title: Re: Which price swings happen first... Gox or Tradehill? Post by: nmat on September 21, 2011, 02:56:01 AM I wonder why Tradehill doesn't allow withdrawing funds through dwolla and the ways to add and withdraw funds to it are harder and take a percentage out instead of 25 cents. Even its dwolla option uses some other service that takes a percentage out. They had a problem with reversed transactions and Dwolla wasn't very cooperative. CampBX accepts Dwolla, if you're looking for alternatives. Title: Re: Which price swings happen first... Gox or Tradehill? Post by: Minsc on September 21, 2011, 03:10:26 AM I thought they'd allow withdraws via dwolla but not adding. Instead they allow dwolla adding for a hefty fee and not withdraws.
Bitcoin7 allows dwolla withdraws but not dwolla adding. This has made the volume on its site go to nothing. I used to trade there before this happened. Title: Re: Which price swings happen first... Gox or Tradehill? Post by: deepceleron on September 21, 2011, 04:24:58 PM Look for yourself, who is leading, who is following?:
http://bitcoincharts.com/charts/chart.png?width=1278&m=mtgoxUSD&k=thUSD&r=2&i=1-min&c=0&s=&e=&Prev=&Next=&v=0&cv=0&ps=0&l=0&p=0&t=C&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&SubmitButton=Draw& |
