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Author Topic: Factors that affect the price? MtGox vs Tradehill?  (Read 1025 times)
istar
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June 12, 2011, 11:39:45 AM
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The low price started at MtGox?
Read somewhere before that the price at tradehill was not as low.

Could this be some people behind Mtgox selling low to get/keep customers showing that Mtgox is a better place to trade at?

Ofcourse there are many factors such as, sunday, far from payday, summer etc but that might be one.

However there has still not been hardly any coverage of bitcoins in media in many countries yet as this happens during the coming weeks it will impact the price. What we are in now should be a great time to invest.





 




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June 12, 2011, 11:45:50 AM
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The low price started at MtGox?
Read somewhere before that the price at tradehill was not as low.

Could this be some people behind Mtgox selling low to get/keep customers showing that Mtgox is a better place to trade at?

Ofcourse there are many factors such as, sunday, far from payday, summer etc but that might be one.

However there has still not been hardly any coverage of bitcoins in media in many countries yet as this happens during the coming weeks it will impact the price. What we are in now should be a great time to invest.

I'm not a copyright monkey, but the interface looks nearly the same. And it's even less convenient.

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DamienBlack
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June 12, 2011, 11:51:22 AM
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I think tradehill just doesn't have the volume yet to track prices well. It is very new. Give it a little while and the prices will begin to equalize as more people try to make money off the difference.

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bitcoinconnection
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June 12, 2011, 01:04:50 PM
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It will be interesting to see how it all plays out. Maybe the price will stop the wild swings and hold its decline. This may create more confidence in the market.




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June 12, 2011, 05:04:17 PM
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I think the fact that mtgox had so much trouble with dwolla's new API change, causing many people not able to move their USD to and from mtgox, was the cause of the recent crash. All other exchanges just followed mtgox' price.

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