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Bitcoin Forum > Economy > Marketplace > Service Discussion > btc-e 10% cheaper than mtgox?
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Author Topic: btc-e 10% cheaper than mtgox?  (Read 897 times)
newguy05 (OP)
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August 28, 2013, 10:09:01 PM
 #1
it seems btc-e btc/usd prices are always 10% cheaper than mtgox, so why are people continue to use mtgox instead of btc-e? 

Just wondering is there some catch i am not seeing?
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Patel
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August 28, 2013, 10:35:26 PM
 #2
Its been discussed like a million times.

Heres million and one.

Because Gox isn't doing withdrawals right now
mccoyspace
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August 29, 2013, 12:07:01 AM
 #3
and the other half of it is that it is difficult/expensive to get USD into btc-e.
Cyberdyne
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August 29, 2013, 12:15:24 AM
 #4
Quote from: Patel on August 28, 2013, 10:35:26 PM
Its been discussed like a million times.

ArbitRAAAAAAAGE!!!11!!!1!

(Good luck to anyone attempting that by the way)
zoinky
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August 29, 2013, 05:51:50 AM
 #5
Quote from: Patel on August 28, 2013, 10:35:26 PM
Its been discussed like a million times.

Heres million and one.

Because Gox isn't doing withdrawals right now

This is not true, withdraws have a delay, so arbitrage is not instant, thus applies a risk, which results in a MtGox premium.
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