Bitcoin Forum
May 06, 2024, 08:22:11 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Economy > Economics > Speculation > Spread USA/CHI Exchanges
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: Spread USA/CHI Exchanges  (Read 491 times)
BlackJacky (OP)
Full Member
***
Offline Offline

Activity: 237
Merit: 100


View Profile
October 30, 2015, 07:10:52 AM
 #1
Hi folks,

Im wondering why we have such a big spread in USD Bitcoin price between US and China exchanges. Do you have any thoughts?

Thanks guys!
1714983732
Hero Member
*
Offline Offline

Posts: 1714983732

View Profile Personal Message (Offline)

Ignore
1714983732
1714983732
Reply with quote  #2
1714983732
Report to moderator
[BPIP] Who are your biggest merit fans? Who do you send all of your sMerit to? .. Do you.. MATR?? O_o
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714983732
Hero Member
*
Offline Offline

Posts: 1714983732

View Profile Personal Message (Offline)

Ignore
1714983732
1714983732
Reply with quote  #2
1714983732
Report to moderator
1714983732
Hero Member
*
Offline Offline

Posts: 1714983732

View Profile Personal Message (Offline)

Ignore
1714983732
1714983732
Reply with quote  #2
1714983732
Report to moderator
NorrisK
Legendary
*
Offline Offline

Activity: 1946
Merit: 1007



View Profile
October 30, 2015, 07:28:28 AM
 #2
The spread is indeed getting kinda big... Maybe there is a problem with arbitrage that normally keeps the prices in line? (and people don't expect it to stay this big of a difference once their funds unlock).

Or the chinese have just massively started buying and US is only slowly starting to catch up.
franky1
Legendary
*
Offline Offline

Activity: 4214
Merit: 4470



View Profile
October 30, 2015, 08:07:09 AM
 #3
it takes a while to move actual fiat from china to us accounts. so arbitrage is not that fast.

alot of the initial movements are just people noticing a jump, and panic buying the US stuff without even having chinese funds. purely because they speculate and predict the US rise is about to occur. days later you will see the actual arbitragers shifting funds and impacting US exchanges

dont worry, it will happen. just be patient.
I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
lyth0s
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000


World Class Cryptonaire


View Profile
October 30, 2015, 08:20:44 AM
 #4
There is about a $30 USD spread between US and china right now. pretty impressive
Monero - Truly Anonymous Digital Cash. Bitcoin Reading List 2017
Pages: [1]
  Print  
Bitcoin Forum > Economy > Economics > Speculation > Spread USA/CHI Exchanges
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!