Why is tradehill 10% cheaper for BTC than mt gox?

[bitcoinminer]

Seems like the trades happen slower, but prices are cheaper... maybe I should buy on one and sell on the other?

[Macho]

it's probably because not a lot of folks are there and no euro transfer so far, first adopters always enjoy some advantages

[DamienBlack]

People haven't yet gotten money into both exchanges so that they can profit of the price difference. I know I'm working on it. When there are enough people playing both exchanges prices will track to within the commission price.

[bitcoinconnection]

I think they make money off the spread. Look at the buy/sell quotes.






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[DamienBlack]

The spread will decrease as volume increases.